Articles

These days billion dollar tech companies are no longer rare enough to be called unicorns. So many millions of dollars of VC money is sloshing around the city that you could be forgiven for thinking it’s easy for startups to raise money.

After raising $10.5 million from investors last year, real-time Web and mobile conferencing firm CaféX Communications wouldn't seem to be the typical candidate for factoring. The financing approach—where firms sell their accounts receivable to a financial-services firm to get cash into their coffers more quickly—is much more common in [read more]

In large measure, many banks are not to blame for the obstacles small business owners face in obtaining loans. Rather, government regulators review bank lending practices, and, therefore, standards have tightened in recent years. There are, however, several commercial finance alternatives for business owners and entrepreneurs. These traditionally consist [read more]

Like many sectors, food service vendors have been caught up in the recent severe lending credit environment. In large measure, the banks are not responsible as they are merely reacting to the warnings of government regulators. As has always been the case, banks must reasonably comply with both internal [read more]

Harvey Kaminski, President ofPrestige Capital of Fort Lee, New Jersey, and Stuart Rosenthal, Prestige’s Executive Vice President, often draw upon their Jewish roots and beliefs when  designing their approach to transacting business.