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07 15 2014

07 15 2014

Summer is No Time to Relax for Business Owners, New Study Finds

For many, summer is the time of year to take a few days off to relax – not so for business owners, a new study has found. A recent survey conducted by Office Depot, Inc. found that a large percentage of entrepreneurs do not have the means or support systems in place to go on holiday this year.

According to the Small Business Index, one third of small and medium business owners will not be able to take time off during 2014’s warmer months. And despite the fact that a vacation may not be the priority for some, there is great value in removing oneself from the daily grind, said Steve Calkins, executive vice president of the business solutions division at Office Depot.

“For the millions of dedicated small business owners who continue to burn the midnight oil and put in long hours day in and day out, the much awaited summer vacation provides a crucial opportunity to recharge and refresh,” Calkins said in a statement.

Those who will be taking time off said they would be able to do so with the help of technology and strong staff. Thirty two percent of respondents said technology that can keep them connected to their businesses remotely would allow them to take a summer vacation this year, and 35 percent said trustworthy staff who could cover for them while they are away enabled them to do the same.

Technology continues to make its mark on business, allowing entrepreneurs to expand their organizations and take well deserved breaks from the office by checking in remotely. This equipment can be costly, making it difficult for some to afford, and more difficult yet to take a break from the world of business. Those interested in technology should explore their IT equipment lease options from lenders like National Funding, who can provide greater ease of access to high ranking business equipment.

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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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