08 08 2013

08 08 2013

Employees Continue to Gain Confidence in American Workplace

American workers are becoming more confident in the jobs market and overall state of the workplace, a new study has found. The recently released Randstad Employee Confidence Index for July found that confidence among the national workforce was up for the sixth month in a row.

The confidence rates are now hitting highs that have not been seen since before the recession, an indicator of possible economic growth over the coming months and years. The Index rated July’s confidence level at 56.3, while in January 2013, employee confidence came in at 52.1.

The rise in this year’s rates are important, and demonstrate the significant improvement in the economy since the onset of the recession. In fourth quarter 2008, the index hit its lowest ever rating of 41.3, and remained below 50 for much of the period between 2008 and 2011. For the past six months, though, the survey has returned to increasingly positive results.

The consistent upswing in confidence levels is a boon for many industries, including small businesses. As workers become more confident in job retention and ability to find employment, it is possible that spending will also rise.

Positive results point to some increased spending

The survey, which was commissioned by Randstad and conducted by Harris Interactive, interviewed 1,065 currently employed workers over the age of 18. The results were largely positive in July – according to the study, 49 percent of employed workers are confident in their abilities to find a job were they to become unemployed. Approximately 62 percent of respondents said they are confident in their current company’s future, marking a rise in perceived job security.

Workers demonstrated their faith in the overall financial state of the U.S., as well, with 30 percent of respondents stating they think the economy is getting stronger. This is significant for retailers and other small business owners across the country – often, when consumers feel confident in their ability to keep their job, they feel safe enough to begin spending again.

Jim Link, managing director of Randstad, said that consumer confidence is likely on the rise due to a national drop in unemployment and rising stock prices and home sales throughout the first half of the year. The gains in confidence have already started to show in certain sectors. Link said Randstad found a connection between increasing consumer confidence levels and spending on entertainment hospitality services.

“Leisurely activities, vacations and other incidentals are the types of things people typically cut back on during tough times,” Link said. “This, coupled with revisions to previous month’s job numbers, seems to be a big contributor to the stability of our Index.”

While consumers may be spending more on entertainment and vacations, many small business owners are still waiting for the improving economy to help their own companies. Small business owners who find themselves in need of extra financing can come to National Funding for guidance. National Funding can help with getting a cash advance for small business needs, as well as with getting a small business loan.

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General Acceptance

Any applications submitted electronically shall have the same force and effect as if the application bore an inked original signature(s). The above information, together with any accompanying financial statements, schedules, or other materials, is submitted for the purpose of obtaining credit and is warranted to be true, correct, and complete.


US Patriot Act:

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, text-messages, 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.


For Equipment Services:

I hereby certify: (1) the information provided is true and correct, (2) you are hereby authorized to investigate all bank, credit, and trade references, and said references are hereby authorized to release any requested information to you or your nominee, (3) such authorization shall extend to obtaining personal credit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter(s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text-messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purposes.


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The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into the binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. If for any reason your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please write to National Funding Inc., 9820 Towne Centre Drive, San Diego, California 92121. Funding amount and credit approval is subject to a full credit profile review.