Virginia is moving to regulate an expensive small business financing option

A complicated and often expensive financing option for small businesses will become easier to follow with an order from the State Corporation Commission dictating what providers must tell consumers. An option called sales-based financing is a small business cash advance that the small business repays with a certain portion of daily sales. Basically, the deal, … Read more

Raccoon Refuse goes out of business, leaving households, municipalities to struggle | News

The sudden closure Monday of Raccoon Refuse Garbage Services Inc. has left individuals and multiple area municipalities scrambling for a replacement — and the Pennsylvania Department of Environmental Protection is investigating. Raccoon Refuse, based in Mill Village, notified its municipal customers in northwestern Pennsylvania of the suspension Monday morning via email. Local communities affected include … Read more

Lawmakers question speed of hiring at North Dakota investment office tasked with Legacy Fund mandates | Government and politics

State lawmakers are questioning why an agency key to implementing new investment mandates in the state of North Dakota’s oil tax savings has only recently posted new job openings approved by the Legislature more than six months ago. The Legislature last fall approved six new full-time positions and $1.7 million in salaries for the Office … Read more