Insolvency is one of those elements of business that will never leave us. Just as some businesses thrive in the marketplace, others struggle and of those, some are always destined to become insolvent. Whilst you might be forgiven for thinking that insolvency rates remain the same everywhere, that’s simply not true. Indeed, according to leading… Continue reading Where Is a Company Most Likely to Go Insolvent In 2016?
Every person borrows money on credit. A loan on your name marks your progress. It also shows your appetite towards a luxurious life. Thanks to the lenders, borrowing money for a new car isn’t difficult at all. Although, what bothers people are the interest rates that the lenders charge. It is inversely proportional to your… Continue reading Low Interest Rates on Auto Loans: It Can Make Your Life Pleasurable
Importance of Financial Planning for Businesses To manage cash flow The cash flow of a business may vary from time to time. There may be times that there’s a high cash flow, but there are seasons that it can be low. Through these data, you can anticipate the possible risks like cash shortage. Having a… Continue reading Why Financial Planning Is Important for Your Business?
For individuals facing difficult financial circumstances, bankruptcy is a common solution. However, before moving ahead, it’s important to understand more clearly what it entails and what it means for you. One of the most common questions about bankruptcy is whether it is different from state to state, or whether the same laws, regulations and stipulations… Continue reading Is Bankruptcy Different From State to State?
It’s the time of year where the working world is split into those that look forward to tax refunds and those who dread seeing how much they owe. Yes, that’s right, it’s tax time. The buzz has begun with the distribution of T4s, which companies have until the end of February to deliver. Tax returns… Continue reading There Are Two Certainties in Life and One Is Taxes
Life comes with many twists and turns and most times we aren’t as prepared for the unexpected as we thought. There are times when bills are much more expensive than anticipated. Debts can be incurred for many different reasons. The reasons are as vast and varied as each individual that experiences debt. It can become… Continue reading When Do You Need to Hire a Bankruptcy Attorney?
Accounts receivable financing is a type of financing arrangement between two companies in which one company either sells or lends its outstanding invoices to another company to receive early payments on their due bills. In this agreement, the financing company gives an amount equal to the reduced value of the unpaid invoices or receivables, in… Continue reading What Is Accounts Receivable Financing Based On?
Well, it can happen when it comes to the foremost thing needed for your survival. Yes, that is called money. In every footstep, you will need the money more than anything else. That is the reason every individual runs behind it. If talking about the requirement of money, automatically the most hectic situation may come… Continue reading Conventional Loan Requirements – Requirements That Can Change Your Life
Both in times of economic growth and recession, you hear the need for governments and especially banks to provide loans to small businesses to spur and expand the economy. Well, understanding that our economy is based on credit, I don’t see any wrong with these sentiments at all. However, what you don’t hear often enough… Continue reading Commercial Loan Repayment – Can You Handle the Truth?
Help when you can help! It is true that we must help those who are in need. But, you must remember that you can help others only when you are in a position to help. So, before agreeing to co-sign a car loan contract for a friend, a family member or a colleague, you must… Continue reading Find Out If You Are Ready to Become a Co-Signer