Riviera Finance in Holiday Spirit

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riv-xmas-2016-chicagoRiviera Finance was involved in two charity events this week and they gave much joy to the staff. The first event had the staff baking cookies at the Ronald McDonald House for families that had a loved one receiving medical care.

The second charity event had the office collecting toys for the children at the Hephzibah Home. The home provides care for children, and they gave us a list of toys desired by the kids. The staff was eager to fulfill all the children’s wishes, and exceeded the goal of the toy drive.

These are great charitable foundations, so it was nice to offer such a small contribution that warmed our hearts. 

Florida Small Business Development Center Access To Capital

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imageOn Friday, August 1, The Florida Small Business Development Center at Florida Gulf Coast University will be hosting the Access to Capital Fair, an inaugural event to help small business owners explore various funding options.  According to the FSBDC, attendees “will learn about SBA loans, traditional bank loans, factoring, angel investors, crowdfunding, crowdlending, and other financing options.”  For more information about the event, click here.

Riviera Finance will sponsor the breakfast at this important event.

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When Selling Receivables Makes Sense

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Invoice Dollar Bill --- Image by © Images.com/CorbisAn alien from an all-cash planet would gaze in wonder at the trade credit system that runs the Earthly economy.  Let’s review:

Jack Brown invests his life savings to open a surfboard manufacturing business, MI Board, Inc.  It does well, attracting the interest of the media, surfers and retailers.  A few small shops in California put his boards on consignment.  They turn some heads, win some competitions, and MI lands $300,000 in initial orders from Becker, RonJon’s and HSN.  Cool.

After celebrating, Jack reads the purchase orders from his new customers.

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