Gas prices poised for spring spike

Gas prices jumped on Friday to their highest level since June.  Analysts are suggesting this may be a preview of a coming Spring price surge.

Get the full article at: http://www/news.yahoo.com/s/ap/20080223/ap_on_bi_ge/oil_prices

There appears to be some economists that are suggesting that prices will remain less than $3.20 on a national average through the spring.  With the economy positioned, if not already in a recession, rising gas prices does not bode well.

Barring a major supply disruption, or a war-related disruption (possible), small business owners who operate fleets of vehicles may want to budget for rising gas costs.  Anticipating a spike, may put your business in a better cash state, than expecting prices to remain stable.  Just too much uncertainty for me to be very optimistic.

For more small business resources, look at our website http://www.bedrockfinancing.com

What is a Merchant Cash Advance?

Merchant Cash Advance is a type of business loan which is usually presented as being a factoring product, where a Cash Advance company will review a merchants credit card processing statements in order to determine how much revenues are coming into a merchants business via the merchants credit card revenues / payments / sales, (they will also look at how much revenue is streaming into the business from cash & check payments / sales) they then purchase future credit card payments to the merchant at a discount.

For example: if a merchant is processing an average of $10,000 each month, when the merchant is approved the cash advance company will pay the merchant $10,000 (essentially giving the merchant a $10,000 cash advance) for anywhere from $11,200 to $15,500 (or more) of their future credit card sales income.

Is this right for your business?

Check out my site at http://www.bedrockfinancing.com to find out more information.

End the recession watch…It may already be here

Weakness in the service sector has caused more experts to declare that the economy has entered a downturn. Retail, real estate, finance, and construction industries were hit hardest.

The full article is at: http://money.cnn.com/2008/02/05/news/economy/recession/

Although more fed rate cuts appear to be expected, few experts appear to be seeing a quick turn-around. The market appears to be looking for the fed to make a significant cut in rates, but opinions vary about whether a big rate cut would be wise or beneficial in the long term.

Currently, the future market is anticipating a 100% chance of a quarter-point cut in March, and a 28% chance of a half-point cut during the month.

Although it appears banks are being a little tighter on loans, there are still great programs out there for business owners. Please visit our site, www.bedrockfinancing.com for a list of programs and more helpful information.