Commonwealth Capital Funds Minneapolis Staffing Company

Commonwealth Capital provided a $50,000 factoring facility to a medical staffing company based in Minneapolis. The financing will provide the cash-flow the company needs to fund payroll and grow.

SEC Charges Former Bank Execs for Understating Loan Losses

The SEC charged three former executives at Bank of the Commonwealth for understating millions of dollars in losses and masking the true health of the bank’s loan portfolio at the height of the financial crisis