All things being equal, debt has the potential to increase the value of a business due to the tax shields that interest payments provide. Using debt reduces the immediate equity requirements and allows someone to reap the highest ROE possible.
However, one should only use a loan to purchase an existing business if one or more of the following (which are not exhaustive reasons) are true:
* The business is generating enough net operating cash flow to cover loan payments
* The business can be rapidly (less than 24 months) transitioned to generate enough cash flow to cover loan payments AND the proposed owner has enough cash to cover what the business is not covering for the duration
* The loan is being offered at better-than-average prices that could otherwise be had in the marketplace
* The owner has significant expertise and reach into the industry, however, has limited liquidity to purchase the business outright
*
IF you signed a loan with the CU and used the car as collateral, YES IT IS LEGAL. And it is WISE for you to pay.
The cast of A Wise Purchase - 1918 includes: Corinne Griffith as herself
The motto of Wise Group is 'Business-driven HR'.
Associate , as in "business associate" .
When running a business it may be a wise idea to purchase profit accounting software. Sites such as Serenic and the SageOne website offer accounting software suitable for all business accounting needs.
1. To show lenders or banks, who you want a loan from, how your finances are doing. 2. So you can see what's happening in your business, money-wise. 3.To satisfy the company act requirement
A prudent purchase refers to an informed, wise or sober decision to buy something.
No. For the best results credit-wise, the co-signer of your loan should have a great credit record, however, they do not have to live with you.
Typical responsibilities of loan officers include assisting their clients in applying for loans, assessing how applicable their client is credit wise, and seeking out clients who may need the loan.
Business liability insurance can be purchased at Nationwide, Geico, AAMI, Progressive Commercial and Wells Fargo. All of these insurance companies have a website online. It would be wise to go to the site Money Supermarket where various insurance companies are compared.
For a new business, it is more wise to rent restaurant equipment supply because it gives you a cheaper exit strategy.
Yes in theory you can, once you receive your student loan as a lump sum you can use it for whatever purpose. But it is not wise due to the risk of your education.