Tank’s Treasure Box

Fun Facts

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Fun Fact…Why are there only “Dead Presidents” on U.S. Currency?

DeadPres

Answer: During the Civil War, the Union Congress ordered the printing of half a million 5-cent notes due to a shortage of the metals used to produce traditional coinage. However, when the notes appeared to the public, the engraved portrait on the bill was of someone named Spencer M. Clark. Naturally, no one in the Union (or anywhere else) had any idea who this was. An investigation quickly revealed that Lincoln had appointed him as the first superintendent of the National Currency Bureau. Because Congress had not specified that any particular historical figure be placed upon the bill, he had simply taken the liberty of putting his own picture there. Needless to say, Congress was furious. They immediately enacted a law stipulating that from that point on, any person who appeared on the face of any U.S. currency had to be famous -and dead. (source: Investopedia.com)

APE Capital Team

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About APE Capital Team

Ape Capital is your reliable, trusted source for the working capital you need to sustain, grow, enrich and enhance your business.

We’re 100% focused on small business. We launched in 2011 to solve a major issue facing small businesses: financing.

We combined our passion for Main Street with cutting-edge technology to evaluate businesses based on their actual performance, not personal credit. That enables us to say “yes” more often and faster than traditional lenders, which lets owners spend their time where it should be, on growing their business, not seeking financing.

We have helped thousands of business owners receive the financing they need to take their business to the next level.