Government agencies introduced The Prompt Payment Code a year ago, despite of which they fail to pay small businesses on time, placing some entrepreneurs at risk. Actually, The Prompt Payment Code was brought into effect in order to guard small businesses from government who pays invoices late. Even as at the beginning of the recession it was promised by central government that they will pay small business owners within ten days they are not able to act as per their promise. FSB found that they make delay in one payment out of three.

In support of the existing scenario John Wright, national chairman of the FSB says, “It is shocking that after the government put the Prompt Payment Code in place, so many businesses are still being paid late.” Additional to this a recent Annual report-‘Voice of Small Business’ also shows delay in one out of three payments from the public sector, reprimanding small business owners as if they have less power to enforce prompt payment.

Many small businesses find themselves wondering about how and where they can tackle the issue of getting funds when the nation’s large banks begin to constrict loan standards. But the owners of green business are fred from the worries as there are small organizations all over the nation that are intended to help green small businesses to get funds. One of such program which is designed to fund small green businesses is Georgia Green Loans.

The program, Green Loans is initiated by Appalachian Community Enterprises, Inc (ACE) which is a non-profit organization that was commenced in 1998. From the time of its commencement, the organization has loaned more than 4 million dollars to small businesses which resulted into creating or saving more than 800 jobs in the North Georgia and Metro Atlanta area.

The owners of small business from all over the country plans to congregate on Thursday at Capitol Hill to discuss about the extreme credit card swap fees with the members of Congress. The swap fees infact are creating massive trouble for their businesses.

The core problem is that the fees paid are charged every time a deal is done by swiping a credit or debit card. In protest, supporters of the project of Consumers for Competitive Choice (C4CC)-Credit Card Con stated that they will stand for Main Street America for discussion and explain as how these fees assessment actually hold back the growth of job and unjustly lifts consumer prices.