Media Street Group

Award-Winning Digital Photo Frames and Web Platform Developer of LifeGoRound & ShoutOmatic

Media Street’s Michael Levy to be on “Fox & Friends” Wednesday AM Feb, 3rd

Posted by MediaStreetBloggr on 31st January 2010

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Michael Levy, VP of Media Street has been asked to be on “Fox & Friends” this Tuesday to discuss the important issues of how small business can fund their growth without the help of a bank.

Michael will be a guest on Fox & Friends, along with Richard Eitelberg of Hartsko Financial to share their insights and experiences on this critical and timely issue. 

While Media Street counts on Hartsko Financial for “Purchase Order” financing, the company still has tough “financial woes” ahead in attempts to reach their growth potential by affording expenses such as hiring the proper caliper of people,  inventory,  product development, advertising and professional public relations to name just a few.

With its new social media sharing platform called LifeGoRound, hailed by the COO of Facebook as a clever and cool way to enjoy your Facebook photos, Media Street is experiencing dramatic growth and is looking for financial backing beyond the “Purchase Orders” .  However, without the Purchase Order financing in place, Media Street would have been forced to shut down prior to “Holiday Season 2009” by turning away all of its orders.

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Michael Levy interviewed by The New York Times in Print & in Video

Posted by MediaStreetBloggr on 31st January 2010

Michael Levy, whose firm makes digital frames, said that after the financial crisis, his traditional bank refused to finance a big order he received.

When the Banks Don’t Lend

With banks timid about lending, small businesses, such as Media Street, have turned to unconventional lenders like Hartsko Financial Services, which provides high interest short-term loans to small and midsize companies.

Coverage begins on the front page of todays Business Section, Sunday, January 31st, 2010.

There is also a Video of the segment:

http://video.nytimes.com/video/2010/01/31/business/smallbusiness/1247466791093/when-the-banks-dont-lend.html

There is also a New York Times Blog of the “Print” Article

http://www.nytimes.com/2010/01/31/business/smallbusiness/31order.html

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