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Sageworks Blog

May21

Banking news you might have missed...

A Sageworks roundup of recent industry news: Chase sees positive signs among business banking customers. Financial services’ 2011 CEO compensation down 0.6 percent – survey. Mixed results from banks with business-lending-only offices. [More]

Apr17

Signs that business banking is back

Business banking is back - well, mostly. Commercial lending has been growing, according to Federal Reserve data. And recent research by Sageworks, a financial information company, shows that business' borrowing-related financial ratios have improved, making access to credit more likely. [More]

Jan27

Huffington Post: "Private businesses are improving, but a big unknown lurks"

Like a glacier, once the U.S. economy starts moving in one direction, it tends to keep moving that way. It takes many events to move it in another direction, and this usually takes some time. [More]

Jan11

Private companies paying bills later - Sageworks Stats @ Forbes.com

U.S. companies continued to guard their cash flows despite increasing sales in 2011, reflecting continued uncertainty in the economic recovery and slower paying customers. Privately held businesses, which account for up to 70 percent of GDP and generate 80 percent of new jobs, stretched their average time for making payments to the highest level in a decade. [More]

Dec29

CFO Corner: Get out of the office!

Jim Wanserski, principal of business advisory services firm Wanserski & Associates and a former CFO and COO, discusses the challenges of a turnaround and how spending time out of the office can help CFOs. [More]