Friday, September 16, 2016

Business Loan Was Costly, Stressful: Why He’d Do It Again

When Derrick Earls’ business won a major contract with Urban Partnership Bank in 2013, he was relieved. His Chicago company, Earls Property Preservation Inc., became the primary vendor for maintaining properties the bank had acquired as foreclosures. Earls was looking forward to having a steady cash flow. Yet he says he found himself with unpaid invoices from the...

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