Archive for April, 2008

Looking for a trading job in Guangzhou?

Posted in Uncategorized on April 30th, 2008 by Wade Henderson – 2 Comments
TigerYang asked:


I have 4 years working experience in trading field.
Multiplex working experience in roles relate to business as Purchasing or Sales, Merchandiser.
Good skills in negotiation involving purchase and sales
To work on own initiative and as part of a team.
Developing and motivating a teams to achieve objectives.
I can work for you around GuangZhou ,help open office/agent here and manager.
I can control orders, communicate with factories, source materials/products ,purchasing, do quality check, and shipping details.

Good luck to all people who read me. thanks

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Medical Accounts Receivable Funding Keeps Doors Open, the Lights On, and Growth Strategies on Track

Posted in Uncategorized on April 30th, 2008 by Wade Henderson – Be the first to comment
Michael Koslow asked:


From Independent Rural Hospitals to Sprawling Urban Healthcare Networks

During unforeseen financial downturns, or when unanticipated revenue-generating opportunities present themselves, speed and a strong financial relationship is the difference between success and failure. When CMS demands new information technologies, Joint Commission requires urgent equipment replacement, a boiler bursts, or bankruptcy is looming, an immediate “cash” infusion is the only switch that keeps the doors open, the lights on, and growth (or exit) strategies on track. “While lines of credit and bank loans are good sources for financing a medical business, nothing is more expedient than medical accounts receivable [MAR] funding,” notes E. Paul Hettich, Chief Financial Officer of BryLin Hospitals in Buffalo, New York. He credits the hospital’s survival to this often overlooked financial tool. BryLin, the only private treatment facility in the Buffalo/Niagara region providing inpatient psychiatric services and outpatient substance abuse treatment services, was immersed in debtor-in-possession crisis when Hettich learned of the benefits of MAR Funding when a fellow healthcare provider advised him about this alternative financing solution and introduced him to Sun Capital HealthCare, Inc.

“When things looked the darkest, medical accounts receivable funding became the most effectual financial oxygen for saving and reviving our 55-year old institution,” he shared. “Over time, the continued immediate cash infusion turned the tide on our balance sheet and was instrumental in our reorganization efforts. It provided working capital which allowed us to add back staff and management cut in previous downsizings, enabled us to add new services and purchase related equipment that quickly increased physician affiliations and referrals, thus generating new revenue streams.”

Hettich reported that what truly made the difference was BryLin’s relationship with Sun Capital HealthCare, Inc., a national financial services company that specializes in medical accounts receivable funding solely for the healthcare industry. “Anyone can finance you money, but the relationship we had with direct 24/7 access to Sun’s principals, their staff’s working knowledge of the healthcare industry, and their unwavering trust in our operation and management was both financially and mentally emancipating during that critical time. By effectively utilizing A/R funding as part of our financial strategy for our medical business, we added new services, restored the confidence of our staff and our suppliers, increased referrals from associated physicians and enhanced our financial leverage with banks and other lending institutions.”

“We have returned our business to profitability, recapitalized and reformulated our capital structure and repositioned our organization for growth,” added Hettich. “Even as we become more bankable, we will utilize the immediacy and flexibility of MAR funding to invest in opportunities that can increase revenues and proactively address capital equipment needs in a timely manner.”

An indispensable tool for financial turnaround and a dependable ally in growth

A key factor in a provider’s fiscal downfall, or lack of growth, is the lack of working capital. A solution to prevent this lies in the providers’ accounts receivable, an asset often wasting away accumulating dust on the balance sheet. With the specialized MAR funding program of Sun Capital HealthCare, there are no ceiling caps and the transaction is debt-free. Simply put, Sun Capital purchases a provider’s accounts receivable and advances it cash within 24 to 48 hours of submission of claims.

“With this tool, companies can take charge to regain or significantly amplify their financial leverage with the immediate infusion of cash,” stated Certified Turnaround Professional Thomas M. Vivaldelli, a principal and managing director of Distressed Real Estate Solutions with more than 25 years in turnaround, crisis management, restructuring and renewal of troubled businesses. “By using some of the cash to reduce debt, a company increases its value for a potential sale or strengthens its ability to be bankable with a bigger line of credit and lower interest rates.” Vivaldelli added that A/R funding works as an indispensable tool to help turnaround the capital structure of a company in eminent danger, or as a dependable ally for companies poised for great growth.

The challenges for healthcare providers include growing revenues to keep ahead of rising overhead, remaining a leader in the healthcare industry, and delivering projected returns to shareholders or the anticipated revenue levels directed by nonprofit boards of directors. Sun Capital HealthCare’s MAR funding program is an effective financial tool in this environment.



For Commercial Finance LoansAccounts Receivable Financing * Business Equipment Leasing * PO Finance * Commercial Property Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.
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What is the author’s bias/perspective on this article?

Posted in Uncategorized on April 29th, 2008 by Wade Henderson – 3 Comments
ryboyin asked:


Israel lifted its sea blockade of Lebanon on Friday, releasing its last major chokehold on the country since war broke out in July.

Fishing boats, their crews hoping to salvage what was left of the season before winter set in, chugged out to sea while water skiers and wind surfers skimmed the waves without worry for the first time in nearly two months.

More important for the Lebanese economy, ships loaded with cars, food and oil steamed toward Beirut. Trade routes to the country were cut in mid-July during the opening days of the war, and Israel had maintained the blockade even after a cease-fire was declared in mid-August. The embargo has cost the country hundreds of millions of dollars in lost trade.

Israel said it had turned over responsibility for patrolling the Lebanese coast to Italian warships, which would help the Lebanese Navy enforce a United Nations-mandated arms embargo against Hezbollah.

”The naval blockade has ended,” said David Baker, an official in the office of the Israeli prime minister, Ehud Olmert. ”The international forces have taken their positions.”

Many experts here believe that Hezbollah still has plenty of weapons, and they doubt that it would try to import more arms now in any case. Few Lebanese, meanwhile, believe the multinational naval presence can do much to stop any banned shipments that do come. Hezbollah’s already strong political influence in Lebanon has grown in the wake of the war.

Under the United Nations-brokered agreement that ended the blockade, the interim naval force is to remain six nautical miles from the coast and carry out searches of vessels only at the request of the Lebanese Navy. The multinational naval force is not authorized to act on its own.

The blockade was to have been lifted Thursday, but the action was delayed by confusion over who was to lead the naval force until German ships arrive to take over the task. France, which has had two ships in place since the conflict began, was initially expected to take the lead, but that role was shifted to the Italians, who have four ships offshore.

The United Nations Interim Force in Lebanon said it had already established a naval operations center to coordinate all operational details.

”The blockade has seriously undermined the Lebanese economy, and it is high time for it to end so as to allow the people to get back to their businesses,” read a statement issued by Maj. Gen. Alain Pellegrini, chief of the United Nations force.

The number of troops committed to the force continued to rise, with Italy saying that it would soon deploy more troops to southern Lebanon. The first of 900 French troops are expected to begin arriving there Saturday, and 500 Lebanon-bound troops left Spain by ship on Friday.

Italy’s foreign minister, Massimo D’Alema, said in Tel Aviv that the number of peacekeepers in southern Lebanon could reach 5,000 by the end of next week.

”It will be possible to have an agreement on the withdrawal of Israeli troops in the next 10 days,” he told reporters.

A spokesman for the United Nations force said that peacekeepers from Guyana, part of the earlier United Nations presence, had begun patrolling in the central and western sectors of southern Lebanon, while Indian peacekeepers were patrolling in the southeast.

He said the force had turned over three sectors north of Naqura to the Lebanese Army. Agence France-Presse reported that troops from Lebanon’s Sixth Brigade, supported by tanks, entered 10 villages in the region on Friday.

Israel sent thousands of troops into southern Lebanon during the war, and they have been steadily withdrawing, though some remain in the border area.

Israeli troops detained four armed men on Friday in a southern Lebanese village controlled by Israel, Reuters reported, citing an Israeli Army spokeswoman.

But the Israeli news media reported Friday that military officials hope to complete the withdrawal before the Jewish New Year, which begins Sept. 22.

In another development, Mr. Olmert said that if Lebanon fulfilled its obligations under the United Nations resolution that ended the fighting, then Israel would be willing to discuss Shabaa Farms, a disputed piece of land near where the borders of Syria, Lebanon and Israel converge.

Israel captured Shabaa Farms from Syria as part of the Golan Heights in the 1967 Arab-Israeli war. However, Lebanon now claims the 10-square-mile swath of land, which overlooks Israel’s Hula Valley.

When Israel withdrew from southern Lebanon in 2000, the United Nations, which marked the border with Israel, did not put Shabaa Farms in Lebanon. The land has been a point of contention since then, and is often mentioned by Hezbollah as a continued Israeli occupation of Lebanese territory.

Resistance to Israeli occupation is the principal reason Hezbollah gives for keeping its arms.

Mr. Olmert’s remarks, made Thursday night at a meeting with the visiting Russian foreign minister, Sergei Lavrov, suggested that Hezbollah would have to disarm before any negotiations took place.

Israel failed to make Hezbollah do that by force in the recent fighting, however, and there is currently no political power inside Lebanon strong enough to compel the group to give up its weapons.

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What major impacts does the US economy have on the economy of other countries?

Posted in Uncategorized on April 28th, 2008 by Wade Henderson – 1 Comment
mr. toothpick asked:


I know the drop in our economy DOES impact other countries. For instance, if our economy drops we stop importing as many things from other countries as well as investing in many of the global markets.
But, other than these impacts, how does the US affect other countries? And on what scale?
No, this is not for school. Merely a question by a curious college student.

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What is the average credit limit on a business credit card? What information will I need to provide?

Posted in Uncategorized on April 27th, 2008 by Wade Henderson – Be the first to comment
dakeen forx asked:


I have $30,000 and think to get business credit card. What is the average credit limit on a business credit card? What information will I need to provide?

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Invoice Factoring, Discount Factoring, AR Factoring, Factoring Loan

Invoice Factoring, Discount Factoring, AR Factoring, Factoring Loan

Invoice Factoring, Discount Factoring, AR Factoring, Factoring Loan

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