Wednesday, October 12, 2011

FDIC Claims High Due to Bank Failures

The FDIC fund covering losses from bank failures will lose another $19 billion from 2011 through 2015. The number of bank failures is down so far in 2010 compared to 2009 but the numbers are still very large. Are bank failures causing your business to have credit issues? Contact IFX today as another merchant financing option.


- IFX

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