NY DFS Adopts Disclosure Requirements for Small Business Financing

NY DFS Adopts Disclosure Requirements for Small Business Financing

The New York Department of Financial Services (DFS) recently adopted a regulation on disclosure requirements for commercial financing. The regulation appears as Part 600 of Title 23 of the Official Compilation of Codes, Rules, and Regulations of the State of New York. The regulation provides guidance on maintaining compliance with the Commercial Finance Disclosure Law (CFDL), which standardizes disclosure requirements for commercial financings that are lower than a certain principal amount. The regulation takes effect upon publication of the Notice of Adoption in the New York State Register, and the compliance date for the regulation is six months after that publication. Among other things, the regulation provides general formatting requirements for the CFDL. This includes formatting requirements for disclosures on sales-based financing, open-end financing, closed-end financing, lease financing, and general asset-based lending transactions. Additionally, the regulation also specifies the duties of financers and brokers involved in commercial financing.

River Ridge making progress on major spec building

River Ridge making progress on major spec building

(photo courtesy of River Ridge Development Authority) JEFFERSONVILLE, Ind. – Crews are nearing completion of a more than 1 million-square-foot speculative building at the River Ridge Commerce Center in Jeffersonville. When complete, the Gateway 1000 building will be the third of its size at the southern Indiana business park. Financial details of the project are not being disclosed. Gateway 1000 sits on more than 74 acres of land. Crews recently completed installing the exterior walls of the building, which will ultimately include 100 dock doors with a ceiling clear height of 40 feet. The project is being developed by VanTrust Real Estate, which has an office in Columbus, Ohio. The commercial real estate firm previously completed two other buildings at River Ridge, totaling nearly 1.3 million square feet. “By continuing to place special emphasis on improvement and modernization, the River Ridge Commerce Center is quickly becoming a go-to destination for businesses of all sizes and industries to open up shop – right here in southern Indiana,” River Ridge Development Authority Executive Director Jerry Acy said in written remarks. “We are proud to work with several nationally renowned site developers, including VanTrust Real Estate, to construct industry-leading facilities that attract […]

TipRanks ‘Perfect 10’ List: There’s an Opportunity Brewing in These 2 Stocks

TipRanks ‘Perfect 10’ List: There’s an Opportunity Brewing in These 2 Stocks

January saw the markets start off the new year with strong gains, while February has seen them level off. In the last two weeks, the main indexes have seen range-bound trading; investor sentiment remains upbeat for now, but there is some doubt about where stocks are headed longer-term. It is an environment that makes it hard to find the potential winners. What’s needed is a tool to cut through the uncertainty. The Smart Score tool, at TipRanks, is designed to do just that. At base, the tools collects and collates data – and then measures it against a set of 8 factors all known as solid predictors of future outperformance. The Smart Score itself is a single-digit score, distilled from the data set and presented on a scale of 1 to 10, from lowest to highest. A ‘perfect 10,’ the highest possible, indicates a stock for which the stars have aligned – and one that investors should give a second look. We’ve dipped into the TipRanks database to pull up the details on two stocks that are each showing that ‘Perfect 10’ Smart Score. According to the data, these are both Strong Buy equities with plenty of upside potential. […]

Opportunity Knocks: A Downtown Trifecta!

Opportunity Knocks: A Downtown Trifecta!

Rarely does an opportunity such as this come to pass. Currently, three outstanding interlinked properties are for sale in downtown Buffalo. A purchase of all three properties, which are owned by the same owner, would present limitless possibilities for a strategic buyer. The featured properties are 305 Franklin Street (a parking lot situated next to Aloft Buffalo downtown), 484 Pearl Street (home to Pour Taproom), and 492/494 Pearl Street (formerly Hemingway’s and Encore). Situated in the heart of the Theatre District, and a stone’s throw from Chippewa, this is an ideal location. And while most potential buyers will see the parking lot as an asset, there will be a handful that might consider infill, especially considering that the property’s neighbor is 500 Pearl , which boast multiple restaurants, a bowling alley, hotel suites, and banquet rooms. Buffalo is in need of more residential units for enhanced density and walkability, which is something to consider. Let’s get started with… Stay Informed with Buffalo Rising 305 Franklin Street Buffalo, NY 14202 Executive Summary: Location! Location! Location! 305 Franklin Street is a prime real estate opportunity in the heart of the entertainment district in downtown Buffalo, located next door to the Aloft […]

A Collaboration With Barberton High School Gives Students a Unique Opportunity

A Collaboration With Barberton High School Gives Students a Unique Opportunity

UA seniors pursuing a degree in secondary English education teach local students in place of taking a traditional class on campus. Can you imagine that instead of sitting in a classroom on campus, going to class meant getting real-life experience? For nearly 30 years, this has been the reality for UA seniors majoring in Adolescent Young Adult Integrated Language Arts Education. A collaboration with Barberton High School allows UA students to get hands-on experience as academic mentors in junior and senior English classes. For an entire semester prior to student teaching, UA students take over a classroom at Barberton where they are responsible for all of their mentor teacher’s typical duties. This includes planning and executing lessons, taking attendance, grading papers, and making phone calls home. The collaboration was founded by Dr. Hal Foster in the early 1990s when Paulette U’Rycki, a teacher at Central-Hower High School, approached him saying that the college was not training urban teachers very well. U’Rycki offered to open her classroom to Foster’s students. For the first few years, UA students served as tutors and worked with Central-Hower students in small groups. Then, one of Foster’s students realized something was missing and asked why […]

Surgery Partners: Loss Making Yet A Promising Opportunity In The Surgical Services

Surgery Partners: Loss Making Yet A Promising Opportunity In The Surgical Services

Summary Surgery Partners provides surgical services to patients across the US. The company’s recent acquisition of National Surgical Healthcare presents an opportunity for further expansion and revenue growth. Enterprise value is more than double the company’s market cap, meaning the net debt is higher than the market value of equity. A highly levered firm with a debt-to-equity ratio of 2.745. I rate SGRY stock a Hold due to the risk of negative income and the high level of debt. South_agency Thesis: Surgery Partners, Inc. (NASDAQ: SGRY ) is well positioned for growth and presents an investment opportunity. The company has shown a solid performance in the third quarter of 2022, with a YoY increase of 15.4% in net revenue, demonstrating its resilience in adapting to market challenges. As the demand for surgical services continues to grow, Surgery Partners Inc is poised to benefit from this trend with an extensive network of surgical facilities across the United States. The company delivering high-quality surgical care in a cost-effective and patient-centered manner presents a significant opportunity for growth in the outpatient surgery market. The solid financial performance, strategic focus, and expanding revenue streams make it a potential leader in the outpatient surgical […]

Is There An Opportunity With JD Sports Fashion plc's (LON:JD.) 42% Undervaluation?

Is There An Opportunity With JD Sports Fashion plc’s (LON:JD.) 42% Undervaluation?

Key Insights JD Sports Fashion’s estimated fair value is UK£3.12 based on 2 Stage Free Cash Flow to Equity Current share price of UK£1.81 suggests JD Sports Fashion is potentially 42% undervalued Analyst price target for JD. is UK£2.20 which is 30% below our fair value estimate How far off is JD Sports Fashion plc ( LON:JD. ) from its intrinsic value? Using the most recent financial data, we’ll take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today’s value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. It may sound complicated, but actually it is quite simple! Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. Is JD Sports Fashion Fairly Valued? We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company’s cash flows. Generally the first stage is higher […]

Agritourism Market Outlook 2023: A US$ 114.3 Billion Opportunity Till 2028 – IMARC Group

Agritourism Market Outlook 2023: A US$ 114.3 Billion Opportunity Till 2028 – IMARC Group

Agritourism Market Size SHERIDAN, WYOMING, UNITED STATES, February 19, 2023 / EINPresswire.com / — Agritourism Market Outlook 2023-2028 : IMARC Group’s latest research report, titled “Agritourism Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” the global agritourism market size reached US$ 58.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 114.3 Billion by 2028, exhibiting a growth rate (CAGR) of 11.3% during 2023-2028. What is Meant by Agritourism Market ? : Agritourism is a commercial practice that combines farm practice and tourism for entertainment and recreation purposes. This enables individuals to experience rural life, farm activities, and a green, peaceful ambiance that cannot be found in urban areas. This offers communities the potential to increase their local tax bases, allows states to develop businesses, and helps in preserving agricultural lands by conducting numerous activities, such as barn dancing, biking trails, bird watching, corn mazes, cut flowers, farm cooking contests, farm and herb walks, and agricultural museum and displays. It is gaining widespread prominence among the masses as they help farmers to diversify risks and sustainably increase profits. Get Free Sample Copy of Report at – https://www.imarcgroup.com/agritourism-market/requestsample Agritourism Market […]

Telefónica Germany Selects TCS as Transformation Partner to Build Future-Ready Operations Support Systems

Telefónica Germany Selects TCS as Transformation Partner to Build Future-Ready Operations Support Systems

Tata Consultancy Services to Help Transform the Telco’s Service Assurance Applications and Processes within OSS, Enabling More Resilient Network Service and Faster Time-to-Market PRESS RELEASE MUNICH | MUMBAI, February 20, 2023: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been selected by Telefónica Germany, a leading integrated telecommunications provider in Germany, to help the latter transform its end to end service assurance applications and processes within its Operations Support Systems (OSS) stack and further enhance customer experience. Telefónica Germany envisions driving innovation with continuous digital transformation to enhance people’s lives and deliver connectivity to individuals and businesses. Towards realizing this vision, the telecom operator selected TCS as its transformation partner to build a future-ready OSS to offer customers a reliable, resilient, and secure network experience. TCS will leverage best-in-class methodologies – Agile, DevOps, Continuous Integration, and Continuous Deployment, and Continuous Testing (CI/CD/CT) framework and its deep cloud expertise to modernize the OSS service assurance application estate using cloud-native technologies and AI/ML to predict and pre-empt network faults. This will enable Telefónica Germany to implement zero-touch cloud-based operations and provide consumers with a more resilient network service. The reimagined service assurance processes will result in faster turnaround times and […]

The Role of Data Science in Digital Transformation

The Role of Data Science in Digital Transformation

Digital transformation is revolutionizing the way businesses operate and compete in the market. It involves the integration of technology into all aspects of a business, leading to fundamental changes in the way it functions and delivers value to customers. The role of data science in this transformation is crucial, as organizations look to leverage the massive amounts of data generated in their operations to drive growth and competitiveness. Data Science as a Key Driver of Digital Transformation Data science is the field of study that focuses on using statistical and computational techniques to extract insights and knowledge from data. In the context of digital transformation, data science plays a key role by providing organizations with a deep understanding of their operations, customers, and markets. In the context of digital transformation, data science can be used to solve a wide range of business problems and drive innovation. Here are a few examples of how data science can be used in digital transformation: Customer Experience : Data science can be used to analyze customer behavior, preferences, and feedback to provide a personalized and seamless customer experience. This helps businesses stay ahead of the competition by providing a better customer experience and […]