As promised, our client just received 2 tickets to Arthur Ashe stadium at the 2010 US Open tennis event...courtesy of Chase. Participating branches in NY, NJ and CT are running a current promotion. If you have a business checking account, all you have to do is make a qualifying new money deposit into a High Yield savings account to receive your free tickets. Naturally, the bigger the deposit, the better the tickets - which can include highly coveted tickets to the tournament Finals. Unfortunately, these particular tickets are not for the Finals, but our client is very appreciative non-the-less!
So, just wanted to say thanks to Chase. And thanks to Farah, the terrific business banker at 345 Hudson Street for proactively informing us about the promotion. Now let's work on enhancing some credit lines!
Welcome to the The Naomi Road Post, where we will periodically share news, experiences and insights for the benefit of our small business clients and online visitors.
We look forward to your comments and feedback as we populate this blog. And it is our goal to make this a valuable resource (and possibly entertaining at times), so please feel free to share your thoughts.
In the meantime, chew on this borrowed from The Hill's Finance and Economy Blog...
"A recent study by the National Federation of Independent Business found that only half of small businesses trying to borrow are able to get the capital they need; nearly a quarter are not able to get any credit at all," said Senate Finance Chairman Max Baucus (D-Mont.), who co-authored proposed legislation aimed at stimulating small business growth. "Compare that to 2005. Five years ago, 90 percent of small employers were able to get the capital they needed; and only eight percent were not able to get any credit at all."
Click here for the full article...