Small Business Fuels the Economy

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The news is filled with stories about plant closures and employee layoffs by major corporations. There are few, if any, stories about the economic situation in the small business section. . .and the news there is both good and bad.

There is good news and bad news as regards the small business sector

"There is good news and bad news as regards the small business sector," says David Banfield, President of The Interface Financial Group. "The good news is that small business fuels the economy. These small businesses are creating jobs, albeit one at a time, along with revenues on the local level, and that fuels the national economy."

"The bad news," David continues, "is that the small business sector is the most over-looked and under-assisted area of many national economies, and the North American scene is no exception."

Because of the current economic situation, the banking world generally shuns small business enterprises as being under-capitalized and generally speaking too small or too new to command a place in their financing programs. Therefore, small businesses have to exist on their own resources. This often means that the next growth plateau is just out of reach for the majority of them, and they become the victims of their own success. The lack of short-term working capital continually hampers their growth opportunities.

"The Interface Financial Group has been addressing this need in the North American marketplace for 36 years and has been responsible for the growth of hundreds of businesses that would probably not be in business today without our services." Says David Banfield. Interface offers a user-friendly and cost-effective way of providing short-term working capital that can stimulate the growth opportunities of even very early stage growth companies.

Interface operates throughout North America, Australia and New Zealand on a franchise-format basis. This approach allows all offices to act in a time-sensitive manner in their own local environment. Such an approach generates a close working relationship between Interface and their clients and enables transactions to be completed on a person-to-person basis in just 2 or 3 business days.


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Sean MacAllister

David Banfield
The Interface Financial Group
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