Getting rich is a staple goal in American society and culture, and many people are able to reach their goal through hard work and perseverance. For anyone who wants to learn more about wealth building and becoming a success story of their own, read on to learn more.
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Most financing sources are reluctant to take on the risk of financing equipment that they may be required to re-market one day, but are unable to move. Many of them know that a small percentage of the transactions they underwrite will not work out, requiring them to repossess and re-marketing the equipment to recover as much of their investment as possible. Custom-equipment presents a huge challenge in that it offers virtually no backstop should all other exit channels fail. Find out how savvy startups convince financing firms to finance needed custom-made equipment.
The ease of getting a loan and the changing attitudes to debt have created a consumer debt society to the extent that being in debt could be regarded as the economic equal of obesity. The fact is, it takes a lot of determination over the long haul to get rid of debt. So what are your options?
Based on some research predictions, a credit refusal will rise to 8.6 million in 2011 from 7 million recorded in 2006 due to the rising of interest rate. If you have debt burdens, now has to be the best time for you to re-examine your debt issues and get it in-control by reducing the interest rate of your debt.
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Necessity is the mother of invention and the liquidity drought, coupled with the capital adequacy requirements of Basel III, have made many banks increasingly reluctant to lend to companies. A host of alternative means to raise company financing have resulted, ranging from corporate and retail bonds to catastrophe bonds and dim sum bonds. What other means can companies employ to woo potential investors and reduce their reliance on bank funding?
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