How to Get the Best Price for Your Business
Top Alabama accounting experts set you on the path to negotiating the top price when you put your business up for sale. The post How to Get the Best Price for Your Business appeared first on Business...
View ArticleNew Venture Capital Fund Yields Early Returns
In its first year of investments the $25 million Alabama Futures Fund has spurred three promising young tech companies to move their headquarters to Birmingham. The post New Venture Capital Fund Yields...
View Article46 Years of Alabama Growth — the Alabama Public Pension Fund
The Retirement Systems of Alabama has grown substantially and contributed significantly to Alabama’s economic expansion over the last 46 years by developing assets in Alabama, financing industry in...
View ArticleLouisiana Bank Buys Bank of York, in Alabama
Louisiana-based Investar Holding Corp. and its wholly-owned subsidiary, Investar Bank, announced plans to purchase the Bank of York in York, Alabama in a $15 million deal. The post Louisiana Bank Buys...
View ArticleSwank Movie Chain Balks RSA Loan, Files Bankruptcy
Luxury movie theater chain IPIC Entertainment filed for Chapter 11 bankruptcy on August 5, with the Retirement Systems of Alabama owning 39.2 percent of the company’s stock and having extended a credit...
View ArticleBank Stocks Take a Beating, Recession Fear
Declining bank stocks are a bell weather of recession fears, MarketWatch reported August 14. Birmingham-based Regions Financial Corp. was one of the notable declines, down by 3.8 percent. Other big...
View ArticleAuburn Finance Prof Weighs Chance of Recession
Albert Wang, the Synovus Fellow and associate professor of finance in the Auburn University Harbert College of Business, recently shared his thoughts on the possibility of a recession in the U.S. The...
View ArticleReorganization at High Cotton
High Cotton, an Irondale-based document outsourcing firm specializing in the financial and healthcare industries, recently announced completion of a management restructuring. Tommy McGahey stepped into...
View ArticleThis North Alabama Bank is an Accounts Receivable Specialist
In the wake of the 2008 recession and a credit crunch for bank lending to small-and-midsize businesses, even the New York Stock Exchange got into the business of accounts receivables lending. With...
View ArticleAlabama 8th Highest in Household Debt Delinquencies
Alabama ranks 8th highest among states for delinquencies on household debt, according to a study by the online insurance company Fabric Insurance Agency LLC. The post Alabama 8th Highest in Household...
View ArticleBBVA Named Top Regional Bank by Website
GoBanking Rate, an online resource that helps consumers find deals on financial products nationwide, this week named BBVA USA one of the Best Regional Banks of 2020. GOBankingRate cited BBVA’s free...
View ArticleBancorpSouth, Texas First Bancshares Ink Merger
Mississippi-based BancorpSouth Bank, which has 310 full-service branches in Alabama and seven other states, recently completed its previously announced merger with Texas First Bancshares Inc., the...
View ArticleAlabama Leads National Rise in Bankruptcies in 2019
After declining for eight consecutive years, total bankruptcy filings in the U.S. saw a rise of 0.28 percent in 2019, and Alabama recorded the highest rate in the country. The average nationwide per...
View ArticleRegions Expands in Houston, Reports Solid Q4
After reporting a better than expected fourth quarter, Regions Financial continued its plans to expand in Houston, Texas, with the late January opening of branches in three of the city’s high-growth...
View ArticleUBCD Arranging $3.5M in New Market Tax Credits for Nonprofit
Atmore-based UB Community Development, a partner of United Bank, recently announced $3.5 million in New Markets Tax Credits for the Community Foundation of South Alabama. The money will be used to...
View ArticleAlabama Accounting Firms Make America’s Best Listing
Most citizens think about accountants right around tax time, but for businesses, accountants are a vital part of day-to-day activities. Forbes recently partnered with Statista to create a listing of...
View ArticleSmall Business Fraud Prevention Essentials
Banking regulations do not necessarily provide the same protections for businesses as they do for consumers. To protect your business, begin with this checklist and read more as to why: Use a card...
View ArticleSmall Business Bankruptcy Reforms You Need to Know
Key changes covered here: prompt deadlines protection from vengeful creditors class of creditors not needed to approve a plan absolute priority rule eliminated independent trustees to oversee process...
View ArticleNew Bank Hits $100 Million Milestone
A relatively new bank in Huntsville has reached $100 million in assets. Merit Bank, a subsidiary of Merit Bancorporation, in July 2019 made news for its start-up success, raising nearly $25 million in...
View ArticleUnited Bank Lands One of U.S. Treasury’s Largest Community Development Awards
The U.S. Treasury Department recently gave a $6 million community development award to United Bank, in Atmore, in south Alabama, one of the largest awards in the department’s Capital Magnet Fund...
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