Trends

 

03 24 2014

03 24 2014

Cloud Computing Taking Off, But Some Businesses Lag Behind

For many businesses, cloud computing is part of their everyday operations, at once innovative and prominent in their business practices. For others, the cloud is more elusive, a recent survey found. According to a report conducted by 451 Research and released by Microsoft, more than 45 percent of executives consider themselves beyond the initial cloud integration phase, while 32 percent said they have an official cloud computing strategy in place as a component of their larger IT program as a whole.

Just under a quarter of the 2,041 respondents – 24 percent – considered their companies to be “heavy” users of cloud computing, marking a significant and rising portion of the business community that is adapting some of the latest tech trends. That rising trend has yet to take off across the board, however, as just 18 percent said they relied heavily on the technology to launch new projects or programs, signaling a lack of full integration on the part of many companies.

Cloud computing can greatly benefit business owners in terms of data storage, security and accessibility, although the most recently updated business equipment can often be out of a business owner’s price range. To counter this issue, National Funding offers equipment leasing options for companies large and small.

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To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person and business that seeks a business loan.  What this means for you: When you apply for a loan, we will ask for your business name, address, and Tax Identification Number.  We will also ask for your name, address, date of birth, and other information that will allow us to identify you.  We may also ask to see your driver’s license or other identifying documents.

 

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The Merchant and Owner(s)/Officer(s) identified in the application (individually, an “Applicant”) each represents, acknowledges and agrees that (1) all information and documents provided to National Funding, Inc. (“NF”) including credit card processor statements are true, accurate and complete, (2) Applicant will immediately notify NF of any change in such information or financial condition, (3) Applicant authorizes NF to disclose all information and documents that NF may obtain including credit reports to other persons or entities (collectively, “Assignees”) that may be involved with or acquire commercial loans having daily repayment features and/or Merchant Cash Advance transactions, including without limitation the application therefor (collectively, “Transactions”) and each Assignee is authorized to use such information and documents, and share such information and documents with other Assignees, in connection with potential Transactions, (4) each Assignee will rely upon the accuracy and completeness of such information and documents, (5) NF, Assignees, and each of their representatives, successors, assigns and designees (collectively, “Recipients”) are authorized to request and receive any investigative reports, credit reports, statements from creditors or financial institutions, verification of information, or any other information that a Recipient deems necessary, (6) Applicant waives and releases any claims against Recipients and any information-providers arising from any act or omission relating to the requesting, receiving or release of information, and (7) each Owner/Officer represents that he or she is authorized to sign this form on behalf of Merchant.(8) I consent to receive direct mail, faxes, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (9) this request is for business and not for consumer purposes.

 

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