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Their wares have a plain usefulness that the frothier bits of finance cannot match.
Perhaps, but if they are not added soon, those currencies will continue to grow outside CLS, jeopardising the smooth functioning of one of the few bits of finance to have had a good crisis.
Besides getting GE out of the riskier bits of finance, Mr Immelt is pushing it further into sophisticated, high-margin capital goods such as jet engines, gas turbines for power generation and equipment for fracking rigs.
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The innovative lenders are welcome, and may be here to stay, but banks remain the really special bit of finance.
Applicants should send a copy of their cv, along with a 500-word article on this bit of finance, by June 15th to [email protected].
IF THERE IS one bit of finance where people agree on the need for more innovation, it is in lending to small business.
"I do have a bit of finance to bring someone in.
"Some of it might need a bit of financing.
What keeps him going is the promise of cures for stenches both public and private -- but getting there requires a complicated bit of financing.
"They are so hostile to young people who are actually trying to make it in their lives and need a little bit of financing," he said of banks in his country.
This is the fifth bit of financing that Simulmedia has raised over the years, with none of those rounds bringing in more than $9 million.
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CEO of Professional Science Editing for Scientists @ prosciediting.com