More resources for small businesses
Black Enterprise, May, 2005 by Bruce H. Jones
THANK YOU VERY MUCH FOR "Finding Cash for Your Business" (February 2005), which described how several businesses needed to navigate financing challenges. One of the studies was about the lending solution that Presidential Financial Corp. developed for G.D.I. International.
Unfortunately, the article did not point out that Presidential Financial is a member of the Commercial Finance Association, a national trade organization. If your readers identify with the financing format used by Presidential Financial, they should check out CFA's Website (www.cfa.com) to find a large selection of financial resources.
Some 77,000 small and mid-sized businesses used these lending practices in 2004 in what is calculated to be a $300-billion-a-year industry. We encourage BE readers to look into these opportunities.
Bruce H. Jones, executive director
Commercial Finance Association
New York City
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