All that glitters is not gold...


The Trump Administration has been in charge now for about 100 days and it appears that the initial SME “euphoria” has pretty much evaporated. Why do we sense this? We talk, communicate and interact with SME business owners, prospective and current clients and partners’ everyday of the week and there seems to be a growing unease with the way things are panning out under the new President. If history teaches us anything, it is that when SME owners get uncertain and nervous, plans to expand, add new employees and seek working capital to fund these efforts [including factoring] get put on hold. If this occurs again in 2017, plans for any reasonable growth in the factoring industry and bank lending in the United States will be very difficult if not impossible to accomplish.


All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.