Browsing Category
Cash advances
Hospitality financing needs are met by cash advances from merchants, according to 365 Business…
Lender 365 Business Finance has supported the financing needs of the country's hospitality industry, with restaurant demand for merchant cash advances increasing 30% year-over-year. Meanwhile, pubs and bars have shown an even…
Iwoca and FundingXchange to offer cash advances to SMEs via Open Banking
Iwoca has launched an Open Banking-based cash advance product for e-commerce businesses with professional bank accounts in the FundingXchange marketplace.
Under the deal, owners of small businesses operating on platforms…
The impact of credit rating and cash advances
Reading time: 5 minutes
When you are going through a time of financial uncertainty, finding cash advances sometimes seems like your only option. Credit card companies will offer their customers personal loans to cover major expenses or…
Former COA Head: Investigate all unliquidated cash advances
MANILA — Allegations of unliquidated cash advances to government agencies should be investigated, the former chief of the Audit Commission said on Wednesday in light of the president's revelations of billions of funds allegedly…
Merchant Cash Advances and Factoring: Good or Bad Ideas?
Your business needs cash, but for a number of reasons you don't think a traditional loan is right for you. But then you hear about something that doesn't get a lot of publicity: selling your future receivables (sometimes…
DOLE’s unsettled cash advances P 1.572-B subject to “abuse” – COA
Labor Secretary Silvestre Bello III (file photo by MARIANNE BERMUDEZ / Philippine Daily Inquirer)
MANILA, Philippines - The Audit Commission (COA) called on the Department of Labor and Employment (Dole) for accumulating 1.572 billion…
COA to the army: stop the “huge” cash advances
MANILA, Philippines - The Audit Commission (COA) has called on the Philippine military to end the practice of giving "extremely huge" cash advances to a few officers, saying it is exposing public funds to a “Risk of…
The COA reports the non-liquidated cash advances P 2.6-B from Comelec
The Audit Commission (Filipina Daily Inquirer file photo)
The Audit Commission (COA) reported the Elections Commission (Comelec) for its unliquidated cash advances (AC) of 2.594 billion pesos.
In a management letter to Comelec President…
Ethics Commission fines former director for improper cash advances, including his wife
HONOLULU (HawaiiNewsNow) - The State Ethics Commission fined the former head of the Ka Waihona o Ka Naauao charter public school $ 4,000 for improper cash payments, including his wife.The commission said former principal Alvin Parker, who…