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How do you decide on the terms of the loan now that you’ve determined that borrowing money is preferable to conducting an equity round? Usually, venture financing lenders will give you a term sheet so you can assess the potential transaction. When you are working with the lawyer on the loan, you should ask for … Continued
Knowing the value of an investment is essential, whether you’re an investor, corporate finance professional, or business owner. A lot of firms need to figure out how to keep expanding. This usually entails making investments in specific business divisions, such as a major project or a new piece of machinery. Will these investments, however, yield … Continued
Good financial management is critical to the success of an organization in the present business environment. Finding a reliable and comprehensive business checking account becomes important for any organization. It is right to state that accurate reporting and records are essential to effective financial management. Look for a business checking account with great reporting and … Continued
If you ever come across the words ‘ACH hold’ while looking at your bank account, it can be useful to know that this means the money is on hold, awaiting the completion of an electronic transaction. One common type of ETF (electronic fund transfer) is ACH, short for Automated Clearing House. Both people and organizations … Continued
The National Credit Union Administration (NCUA) and the Federal Deposit Insurance Corporation (FDIC) are separate federal organizations that provide deposit insurance to their members. The FDIC usually protects bank deposits up to $250,000, with some exceptions; the NCUA offers similar protection but for credit unions instead of banks. FDIC or NCUA member institutions provide this … Continued
Never miss any payment or leave your company without an opportunity to keep rolling.
Never miss any payment or leave your company without an opportunity to keep rolling.