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Small/Mid-Size Businesses

Summary – Commercial Real Estate
Posted on June 20, 2017

Following is a very nice summary of the local commercial real estate market that was recently published in a newsletter from Mitch Simonson at Chadwick Appraisals.  It gives a top level view of the various building/construction segments.  Of concern was the over-building of higher level apartment buildings last year but this analysis seems to put it

Community Banking Exhibit
Posted on May 31, 2017

We enjoyed exhibiting, recently, at a community banking show.  We learned much about the industry, gaining insights into some of the updated regulations as well as making some wonderful long term connections!  “Helping you, help your Clients” was the adopted tag line.

Business Taxation Survey
Posted on April 12, 2017

The National Small Business Association just released a survey on business taxation.  Some of the information was interesting and can serve as a good benchmarking tool.  

Minnesota Manufacturer’s Survey
Posted on January 16, 2017

A random sampling survey of manufacturer’s was completed last November by the Minnesota Department of Employment and Economic Development and the Federal Reserve Bank in Minneapolis.   You can download the survey by going to this link. As a quick summary, “most of Minnesota’s manufacturers expect business conditions in 2017 to improve or be the same

Business Resource Guide
Posted on January 9, 2017

The SBA has issued the Small Business Resource Guide for 2017 and can be found at the following link: Small Business Resource Guide 2017 For growing businesses, another great resource is Invoice Funding/Factoring.  Check out the information or contact us to find out more!

Invoice Factoring: A Tool for Growth
Posted on December 20, 2016

We recently had the opportunity to present the concept of Invoice Factoring: A Tool for Growth to a group of small manufacturers.   In all cases, the concept of being able to generate over 3 times more sales/bottom line dollars by simply reducing the time it takes to get paid, was well understood and received (an

Ribbon Cutting Event
Posted on September 9, 2016

Last month, Partners Funding, Inc. had a Ribbon Cutting ceremony with Sioux Falls Chamber. I wanted to thank everyone involved in setting it up as well as attending. A very fun and professional event!

National Preparedness Month
Posted on September 6, 2016

Something many people are probably not aware of is the declaration that September is “National Preparedness Month”.    The SBA advises not to wait until after a disaster strikes to make a plan. Some businesses look at this similar to planning for failure.  However, and from talking with several businesses, having a semblance of a plan

Managing Credit Risk
Posted on August 1, 2016

An interesting article is included (click here) talking about extending credit to your customers as a “loan”. Like any loan there is a chance it can go “bad”.   In reading the article, our advantages came to light in that we provide credit checks at no charge, helping your business make the best decision.    As far

Factoring Radio Broadcast
Posted on July 28, 2016

We participated in a live radio broadcast a few weeks ago and posted the script on our LinkedIn page.  Very helpful information on how Factoring can work for your business in certain situations. Not having done too many of these in the past, it was interesting that I was informed 2 minutes prior to broadcast that the