March 4, 2014

Swings in Credit Ratings Hint of Challenges Ahead for Colleges

By Goldie Blumenstyk

From 2009 through 2013, the number of downgrades of colleges
credit ratings by Moodys Investors Service outpaced upgrades by
nearly five to one.

More evidence of colleges weakening financial picture? Yes, but
that picture is not as clear-cut as it might seem.

The period examined by The Chronicle covered the worst
financial crisis since the Great Depression, so those 141
downgrades versus 33 upgrades are not so surprising.

Los Angeles, CA (PRWEB) December 27, 2013

BusinessUS (Los Angeles, CA; http://www.bizbank.us) has announced the hiring of 27-year SBA lending veteran Stephanie Bitters as Chief Credit Officer and Chief Operating Officer. Ms. Bitters joins veteran small business lenders Norris Lozano (CEO), Antonio “AZ” Zate, and Tara Johnson on the operational team of BusinessUS, a non-bank lender delivering SBA 7(a) loans to American small businesses that cannot get credit elsewhere.

“We are very fortunate to have an experienced small business lending professional of Stephanie Bitters’ stature join our lending team,” says Lozano. “She’s an experienced...

For nearly 15 years, Ronald Lafluer has owned and operated Naked Furniture in Ann Arbor.

On Feb. 17, the Howell resident filed for Chapter 7 bankruptcy, citing debt of more than $500,000, but less than $1 million, and has since closed his 3570 Washtenaw Ave. store.

Chapter 7 Bankruptcy will essentially eliminate Lafluers debt through a liquidation process in which a trustee collects all of the assets and sells everything that the court has deemed non-exempt, including his personal and business assets.

According to court documents, Lafluers assets total between $100,000 and $500,000.

The 73 creditors listed in the bankruptcy filing have until May 22, 2014, to file...

The Range Golf Center LLC, operator of the Range Golf Center Sports Bar at the Domain Shopping Center, has filed for Chapter 7 bankruptcy.

The Australian Taxation Office has said in Parliament that government could consider at some point adding tax debts to credit ratings, in a bid to make businesses and individuals more accountable for paying on time.

As reported in The Australian Financial Review, at the standing committee on tax and revenue late last month, second commissioner Geoff Leeper said small business debt was one of the biggest debt streams for the tax office.

Leeper referred to the cash flow crisis faced by small businesses, stating that many are taking around 52 days to pay or receive payment on invoices, with the ATO low on the list of business payment priorities.

SMEs comprise 60% of the debt...

Revenue stream disruption caused by the ICD-10 conversion has the potential to negatively affect some nonprofit hospitals credit ratings, according to a report from Fitch Ratings.

Fitch Ratings believes the majority of the rated organizations in the nonprofit healthcare sector will be prepared for the Oct. 1 deadline, and available assets will help offset the IT and training costs during the transition.

However, the transition is further complicated by payers and the governments simultaneous switch to ICD-10. Although many hospitals are well-prepared, the sheer magnitude of the transition within the industry is likely to add pressure to hospitals cash flows, and may cause...

Writing your own blog at home could make you enough money to quit your job.

 

Don’t believe it? There’s a growing list of Australians out there generating a serious income from their blog. And with a little know-how, it’s entirely possible for you, too.

 

While there are plenty of businesses that blog to build up their professional profile to build their business, a growing number of bloggers are earning enough from their blog to not have to work.

 

Nikki Parkinson left journalism to launch advice-driven fashion, beauty and lifestyle blog Styling You, which was named winner of Best Australian Blog in 2011 by the Sydney Writer’s...

March 4, 2014

Swings in Credit Ratings Hint of Challenges Ahead for Colleges

By Goldie Blumenstyk

From 2009 through 2013, the number of downgrades of colleges
credit ratings by Moodys Investors Service outpaced upgrades by
nearly five to one.

More evidence of colleges weakening financial picture? Yes, but
that picture is not as clear-cut as it might seem.

The period examined by The Chronicle covered the worst
financial crisis since the Great Depression, so those 141
downgrades versus 33 upgrades are not so surprising.

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If you were captured drinking and driving in Denver, you will most certainly require to find yourself a Denver DUI lawyer. Ought to you live in the location, this should not be too challenging, however there are a couple of things you should bear in mind throughout your search for a great Denver DUI lawyer.

The very first location many individuals search for a Denver DUI attorney is in the Yellow Pages or in an online directory site. While this is a terrific way to see all navigate to these guys the names and addresses, it will not give you an accurate concept of how great each attorney is. You have no concept whether or not she or he has a good...