The world of finance and banking is full of arcane terms that can seem like a language all its own. If you’re not immersed in it, it can seem unfathomable. However, if you are only doing a limited amount of personal banking you can probably get by knowing just a few banking terms. Those that [...]
Law suits, merger battles, takeovers, layoffs, bankruptcies and outright loss are what constitutes daily life at the Bank of America these days. Profit margins have fallen over 90% since 2006 and continue to do so. Of course, the crippled US government is going to further expose its bleeding financial throat with a $700 billion bail [...]
Business owners and managers want to compare equipment finance companies to their bank and for a good reason; a bank is a company’s first point of reference when borrowing money or financing equipment or an expansion project. A bank is the most obvious place to start and a secure place to store your money and [...]
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