The Latest News on the Financial Condition of the Nation's Businesses

CreditNews.com Keeps Virtual Vigil for Weary Finance and Credit Managers with Daily Financial Updates

Des Plaines, IL -- Here's something that happens all the time in a fluctuating marketplace. Wednesday: $100,000 of chemicals are shipped to customer on open account. Thursday: The salesman learns his new customer had filed bankruptcy the day before. Information about the bankruptcy was hidden in a small article in the back of the Wall Street Journal.

There's no excuse for that happening today. In no other time in history have financial and credit executives had such immediate access to the inside story of a company's financial position.

The finance executive who had to clean up the chemical deal fiasco got even. Steve Bastien started CreditNews.com. Now he is on guard. What's more, he has given overworked finance and credit executives an easy way to stay informed themselves about the financial pictures of the companies they need to know about. CreditNews.com is supported by super strong search engines that scan daily articles and notices that report on the changing conditions of private and public businesses. Losses? Layoffs? Plant closings? Earnings or revenue declines? The news is posted and available to subscribers. CreditNews.com updates are put up each morning at 8:00 a.m. C.S.T. What used to take managers weeks and months to track down is now available in seconds.

Managers of a different nature are eager to hear about companies that are silently ready to soar. The twenty-year old Chicago company saw that in searching for clues to financial trouble, they landed right on the financial picture of rapidly expanding companies, too. CreditNews.com finds the evidence in the form of articles and notices about increased hiring and payroll,new facilities or offices being filled, and other signs of an imminent takeoff.

CreditNews.com now publishes five publications of this nature. Subscribers can access searchable archives, see the daily credit news updates, and get all the news tidily arranged alphabetically by industry. Bastien's website is another important and remarkable use of technology.

A free one-day trial to the website, with access to Bastien's credit-savvy publications and archives, is available at CreditNews.com. The CreditNews.com publications are: "Creditor's Edge", "Companies On the Move", Retailer/Supplier Bi- Weekly Report, Industrial/Manufacturer Bi-Weekly Report, and the daily e-newspaper, "U.S. Business Journal."

Contact:
Scot Robnett or Steve Bastien
Business Publications, Inc.
P.O. Box 2170
Des Plaines, IL 60017
Voice: 847-491-1900
Fax: 847-491-6331
Tollfree: (800) 407-9044
E-mail: cred@creditnews.com