As the owner of a business, you should always take a diplomatic approach to debt collection, especially when dealing with other businesses. But nowadays, it’s especially important to be diplomatic, because people at businesses can feel more stressed about finances. A phone call with an aggressive tone or a wrongly worded letter can affect your […]
Debt is a four-letter word, but it can scare off people, corporations, and even some countries. Normally, we are always taught to get rid of debt because it is considered to be a negative thing. But what a lot of people don’t understand is that there are bad debts and then there are some good […]
Starting a business takes money. One way or another, you’re going to have to raise capital, and there are several ways to do it: Relying on personal savings (which take time to build and will almost never be enough); Raising capital through investors; Taking out a small business loan. Each method has its own advantages […]
By Ameya KarveTroubled Indian shadow bank Infrastructure Leasing & Financial Services Ltd., whose recent debt defaults sparked concern about contagion in the nation’s financial markets, secured a lifeline after shareholders approved its plans to raise money through debt and equity.Stockholders green-lit IL&FS’s plans to raise as much as 150 billion rupees ($2.1 billion) through a […]
One of the benefits of filing for bankruptcy is the protection that you get from creditors that are aggressively pursuing their collections. The purpose of filing for bankruptcy is to get you back on track financially and if you are still dealing with creditors and their attempts to collect on your debt, that just can’t […]
Using property as an investment is certainly a controversial topic these days. With housing markets in Canada drifting into unchartered territory and causing no shortage of fortune and frustration for a spectrum of folks, the future is as uncertain as ever. For private realtors who, for the most part, facilitate the sale and purchase of […]