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family businesses
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Latest Headlines
The real lenders of last resort
We suggested not so long ago that pawnshops were the lenders of last resort to consumers. When it comes to small businesses, the last lenders may be purchase order lenders, a motley crew of firms that lend to companies with purchase orders in hand from actual buyers. The purchase orders serve as a
Small deal market still thriving
The plunge in financial sponsor activity fortunately has not proven contagious for really small deal makers. While big and mid-market deals continue to fall, those worth less than $100 million continue to rise, notes Investment Dealers' Digest. These deals tend to be easier to close, as they
