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For athletes like Sergio Garcia, tax time brings extra burdens

by synergycap1 | Apr 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Finance, Non-Bank Loans, Working Capital

Sergio Garcia, winner of this year’s Master’s tournament, had a problem. The IRS once claimed the pro golfer owed more than $1.7 million for misrepresenting income he earned a number of years ago as a celebrity rep for apparel colossus TaylorMade. While...

For athletes like Sergio Garcia, tax time brings extra burdens

by synergycap1 | Apr 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Finance, Non-Bank Loans, Working Capital

Sergio Garcia, winner of this year’s Master’s tournament, had a problem. The IRS once claimed the pro golfer owed more than $1.7 million for misrepresenting income he earned a number of years ago as a celebrity rep for apparel colossus TaylorMade. While...

How This Small Brewery Is Turning Its Struggles and Successes Into Works of Art

by synergycap1 | Apr 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Startup, Working Capital

Courtesy of Founders Brewing Co. ( Nathan Yoder) CREDIT: When Dave Engbers and Mike Stevens started their beer company, Founders Brewing Co., craft brew wasn’t as popular as it is today. That made the first 10 years of business difficult, bringing the...

Port of Vancouver Has Record Year for Tonnage

by synergycap1 | Apr 10, 2017 | Bad Credit Loans, Bank Lending, Business Loans, Finance, Working Capital

Port of Vancouver The Port of Vancouver had a record year for tonnage in 2016, though imports and operating revenues are less glowing. Port officials announced April 5 that nearly 7.5 million metric tons crossed its docks in 2016 — a 7.7% bump from the year...

Trucking Companies Knight and Swift to Combine in All-Stock Deal

by synergycap1 | Apr 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The two firms will operate under a single holding company as they seek greater scale amid weaker pricing in the trucking industry.

Blockbuster deal in truckload! Knight and Swift to merge to create $6 billion TL giant

by synergycap1 | Apr 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Working Capital

The merger creates a new entity with $6 billion enterprise value. Swift already had been the largest TL carrier with close to $4 billion in revenue. On a combined basis last year, Knight and Swift generated approximately $5.1 billion in total revenue, $416 million in...
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