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When small- to medium-sized business SMB owners experienced cash flow problems back in the good old days, it would inevitably leave them in a bit of a pickle.For a struggling entrepreneur, their few options 鈥?if they had any all 鈥?would include scrounging from friends or perhaps borrowing from a loan shark at e stanley thermos xorbitant rates. Or el stanley cup se they could simply throw themselves at the mercy of their creditors and hope for the best. None of those options were particularly appealing. If you take a step back in history, prior to the wave of FinTech lenders popping up, quite a few small businesses 鈥?your local nail salon, the florist or the pizza shop 鈥?couldnt access any capital at all, said Ocrolus CEO Sam Bobley in an interview with PYMNTS. The banks would historically cater to their biggest customers, larger corporations. There really werent many options for SMBs. See also: Ocrolus Value Exceeds $500M After Netting $80M in Series C RoundNo doubt the loan sharks did a lot of business back then, while quite a few entrepreneurs friends probably found themselves out of pocket. Even if the SMB was able to soldier on, it would be a struggle to keep its head above water.Relief finally arrived when the first FinTech startups catering specifically to SMBs began surfacing, but even then it wasnt much help. Those initial stanley tumblers players in the SMB credit space would more often than not charge very high interest rates. It was, perhaps, better than nothing at all, but far from ideal. It was a step in Fsip China Blocks Bing s Auto-Suggest Function
There is beating The Street expectations on earnings, and then there is smashing them to pieces.Kroger latest earnings report indicates a bit more of the latter than the former, as Kroger Co. blasted through Wall Street Q1 2016 predictions more than once.Net earnings were up $680 million, a 9.9-percent increase from the聽$619 million reported at this time last year and ahead of Wall Street analysts ; predictions. Kroger did report a small decline in gross margin, however, that was offset by reductions in operating expenses.Sales met The Street e stanley us xpectations with 5-percent growth to $34.6 billion from $33.1 billion, but same-store sales were ahead of what Wall Street was forecasting, hitting a 2.4-percent increase excluding fuel . We are very pleased with a solid quarter during which we continued to strengthen our connection with customers and expand our ClickList offering to more customers in more markets, said Kroger CEO Rodney McMullen. Fifty consecutive quarters of positive identical superma stanley quencher rket sales growth, excluding fuel, is extraordinary. We ;ve been through all kinds of business cycles during the last 50 quarters, and we ;ve demonstrated time and again that regar stanley hrnek dless of the environment, you can count on Kroger to continue executing our strategy, investing in growth and creating value for our customers and shareholders.McMullen further acknowledged Krogers growing omnichannel click-and-collect program, among other factors |
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