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No Interchange reform legislation in 2010

House Financial Services Committee Chairman Barney Frank announced his committee would not take up Interchange legislation this year.   However there are steps that small businesses, family-owned restaurants, local retailers and service providers can take to help themselves without waiting on the government. Read More...

Credit crunch raises concerns on capital availability for small businesses

The House Small Business Subcommittee on Finance and Tax held a hearing on “The Effect of the Credit Crunch on Small Business Access to Capital” to hear testimonials from small business owners, an independent community bank representative, and a credit union representative.
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Small Business Success Equals Retirement Relaxation

In a recent article on CNN.com, reporter Eileen Zimmerman interviews a recently laid off corporate worker, Paul Cardosi, who used retirement account facilitator Guidant Financial Group to invest his corporate 401(k) into the purchase of a franchise (see Raiding the Retirement Fund to Keep the Business Afloat). While the financing model itself is unique, so is the return Cardosi is already seeing on his initial investment. Read More...