Specialty Capital

How To Reduce Working Hours Without Compromising Productivity

With more employers offering workers the ability to choose a hybrid schedule of in-person and remote work or complete remote work, the question of whether to uphold the traditional 40-hour workweek is a conversation some businesses are beginning to have. On one hand, the past few years have shown that business output can be maintained …

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Specialty Capital Announces $10 Million Credit Facility, Appoints Chief Risk Officer

QUEENS, N.Y., March 14, 2022 /PRNewswire/ — Specialty Capital, LLC, (“Specialty Capital”), a leading technology driven specialty finance company, has closed on a $10 million credit facility with a U.S. based, alternative credit asset manager. The facility will provide Specialty Capital with an initial borrowing capacity of $10 million to expand its funding capabilities, strengthen their ability to provide funding for small …

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Specialty Capital CEO Boris Kalendarev accepted into Forbes Business Council

Forbes Business Council Is an Invitation-Only Community for Successful Business Owners and Leaders QUEENS, N.Y., April 4, 2022 /PRNewswire/ — Boris Kalendarev, CFA, Chief Executive Officer of Specialty Capital, has been accepted into the Forbes Business Council, the foremost growth and networking organization for successful business owners and leaders worldwide. Boris was vetted and selected by a review committee …

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Specialty Capital News & Views 23th July

US employers added more jobs in June than forecast and the unemployment rate held near a five-decade low, suggesting hiring needs are so far eclipsing concerns about the economic outlook. Here are the key numbers from Friday’s Non-Farm Payroll report: Non-farm payrolls: +372,000 vs. +268,000 expected and a revised +384,000 in May Unemployment rate: 3.6% vs. 3.6% expected …

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Auto Loan Defaults & Specialty Capital’s View On Auto Dealers 26th July

The auto repossession numbers have been climbing in recent months. The numbers are staggering, especially in the subprime market. Subprime repos are now 11% on average across the nation, double the rate in 2020. The more concerning figure is that the rate of prime borrower repossessions are also double the rate of 2020, around 4%. With interest rates moving higher and easing supply dynamics …

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How To Get A Small Business Loan in Washington State?

According to the Small Business Administration (SBA), there are 647,000 small businesses in Washington, accounting for 99.5% of all the businesses in the state. These small businesses employ a whopping 1.4 million residents of the state – 50.7% of the total workforce in Washington. However, small businesses also face challenges, the major one being the …

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