Business News

FresnoBee.com: California Business

Expert: Promoter created conflict with Jackson doc


Mon, 17 Jun 2013 16:48:23 PDT
The promoter of Michael Jackson's ill-fated series of comeback shows created a conflict of interest with the singer's physician when it negotiated terms of his deal, an expert testifying for the superstar's mother told a jury Monday. Read comments


The Business Journal - LOCAL NEWS

Fresno research and medical groups merge


2014-08-01T22:21:47+00:00

California Cancer Associates for Research and Excellence (cCARE) and Hematology Oncology Medical Group (HOMG), have merged their medical practices, effective August 1.

Read More...

California Cancer Associates for Research and Excellence (cCARE) and Hematology Oncology Medical Group (HOMG), have merged their medical practices, effective August 1.

Read More...


California Newswire®

Quandis Technology Enables Scott Law Firm to Automate Name Permutation Searches to Comply with SCRA


Wed, 30 Jul 2014 07:00:20 +0000

FOOTHILL RANCH, Calif. /California Newswire/ -- Quandis, Inc., a leading provider of mortgage servicing software, today announced that Scott Law Firm, which serves the default servicing industry, is actively utilizing its new military search name permutation functionality. Scott Law Firm can now more easily and efficiently identify active duty military borrowers in the DoD database to comply with the Servicemembers Civil Relief Act.

The version of above news story edited by Christopher Simmons, Quandis Technology Enables Scott Law Firm to Automate Name Permutation Searches to Comply with SCRA was published on California Newswire. All rights reserved. Reproduction in whole or in part without express permission is prohibited except under fair use provisions of international copyright law. Content based on press releases may be owned by the news source mentioned in the news story. Information is believed accurate but is not guaranteed.


WSJ.com: Small Business

Who's Really to Blame for Slow Bank Loans?


Thu, 31 Jul 2014 09:13:24 EDT
By Ami Kassar Ask any small-business owner to name his or her biggest gripe about obtaining a bank loan, and you will likely hear that it's the tortoise pace at which banks review and approve loan applications. Banks are notorious for their lengthy loan-application processes, which often take weeks to complete. Though the economy is in recovery mode, the recession made a huge impact on how banks deal with small-business loans. Banks now require more from applicants and they are pickier about approvals. In our loan-brokerage firm, we commonly hear from borrowers about issues with bank-loan processing times. When we dive deeper into the supposed issues, though, we often find that the borrower is more to blame for the lag than the bank. Unprepared borrowers are a primary culprit. Business owners could speed up the process with a timely submission of their up-to-date financials and tax returns, as well as open communication with bank-loan officers. By contrast, owners with outdated financials or extensions on their tax returns, and who are poor communicators, will often suffer.As a small-business owner myself, I understand how financials can fall by the wayside at times. We become so engrossed in the day-to-day operations of the company that reconciling our bank statements gets pushed further down the "to do" list. However, if you are seeking a loan, staying current with your accounting, bookkeeping, profit and loss statements and balance sheet is one of the best ways to accelerate the bank-loan-application process -- while also relieving yourself and your loan officer of headaches. Two tips for ensuring that you are up-to-date with your financials: Hire a part-time bookkeeper and put in more face time with your accountant. Hiring a bookkeeper even once a month makes it easier for you to reconcile your bank accounts and keep your balance sheets up to date. Additionally, meeting with your accountant quarterly instead of just once a year at tax season will help you create some checks and balances. This will also force you to be more disciplined with your record keeping and tax preparation. Not only will these steps make you more appealing to potential loan brokers, but they will also help you maintain best business practices by knowing where your money is and where it is going. While banks can be very bureaucratic and there are times when the process is just flat out crawling along, in our experience about two-thirds of the time the borrower is the one slowing down the process. What this means for some borrowers is that they are pushed out of the bank-loan realm and enter into the higher-priced world of alternative lending with promised quick turnaround. The same scenario goes for borrowers who have poor credit, limited collateral or tax issues. The trade-off: While alternative loans accommodate those who need a quick loan without much paperwork, they come at a much higher cost. With bank loans, the borrower has the opportunity to get money at dramatically cheaper rates, even if it takes a few more weeks to acquire. Write to WSJsmallbusiness@wsj.com


Contact

SCORE Office:
559-487-5605
Contact email: fresno@sba.gov
Our office hours are: Mon-Fri 8am - 4:30pm

The Central California SCORE office address:
801 R Street, Suite 201
Fresno, CA 93721

Harley Roberts, Chairman
harley.roberts@scorevolunteer.org

Join Our Mail List