In the office today we were discussing some of the problems that truckers are facing right now. From the new Hours of Service rules to weather-related slow downs, small carriers have been taking a beating in the pocket book in the past twelve months.
That conversation naturally led to what we are hearing and seeing in […]
Commonwealth Capital is pleased to announce that it has funded a Minnesota-based Apparel Distributor through a $200,000 invoice factoring facility. The Company, which had been self-financed, had recently received a large order from a Big Box Retailer. The order was roughly equal to the Company’s previous year’s sales.
The Company, looking for a solution to pay […]
Commonwealth Capital, LLC is pleased to announce it has been selected to provide invoice factoring to a new Temporary Staffing Agency in Minnesota. While the Company is new, the management has many years of experience in managing staffing firms.
Why The Temporary Staffing Agency Wanted To Factor Its Invoices
As the Company has grown and added new […]
Commonwealth Capital is pleased to announce that it recently funded a Commercial Landscaping Business through a $50,000 factoring facility. The Company provides snow removal services a variety of businesses with a retail presence, including big-box retailers.
The Company was referred to Commonwealth Capital because Commonwealth specializes in working with companies that are often turned down by […]
Commonwealth Capital today announced it has provided a $700,000 invoice factoring facility to a Food Processing Company in the Upper Midwest. Commonwealth was referred to the Company by a community bank, which is providing the Company with a large line of credit and cash management services.
The Company is currently in high-growth mode and was in […]
Commonwealth Capital, a Minnesota-based provider of invoice factoring, today announced it has provided a $80,000 factoring facility to a growing provider of information technology. The Company, based in Minneapolis, serves large corporations, as well as government entities. The working capital generated from factoring will allow the company to stay current with its vendors and payroll […]
Helped by a growing construction industry, the unemployment rate in Minnesota hit a low last seen almost six years ago, in December 2007. In the past year the unemployment rate has fallen from 5.6% to 4.8% in Minnesota. That is much better than the national unemployment rate which is hovering around 7.3%.
The logging and mining […]
