How conditions or covenants in business finance can impact you…
It’s important to look beyond the interest rate of any business finance arrangement that you are entering into because often that low-interest rate loan, which you have been enticed by, may contain conditions or covenants that you have to abide by and comply with. While there is nothing wrong with conditions or covenants being imposed by a lender, borrowers need to be comfortable that they can comply with these and that there are no adverse implications on the business or any party involved.
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
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