Trends

 

08 06 2013

08 06 2013

Global Consumer Confidence on the Rise

Consumer confidence is up across much of the world, a new report has found. According to the quarterly report by Nielsen, second quarter 2013 saw an increased optimism about jobs, personal finances and predictions on spending in the United States, China and Japan, among many countries.

Small business owners are hoping the rise in confidence will lead to an increase in sales, although the results presented challenges in many markets. Consumer confidence declined in 14 of 29 European countries, with Portugal ranking as the most pessimistic market that was surveyed.

Confidence is on the rise in the U.S., a sign of greater employment opportunities and improving housing and stock markets. Significantly for small business owners, North Americans were found to be the most optimistic about immediate spending plans. With increased confidence comes the hope that Americans will soon be spending larger sums in stores and online.

The Nielsen Consumer Confidence Index rose by 1 point in the second quarter, now up to 94. The previous quarter also showed growth, rising 2 points. The consistent gains have sparked optimism in the global economy, however, an index score under 100 still points to consumers’ overall pessimistic outlook.

While small business owners are waiting to feel the effects of increased consumer confidence, it may be tough to make ends meet. Small business owners can come to National Funding for help with getting a small business loan or a merchant cash advance.

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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.

 

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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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