Borrowers seek to avoid hitting loan limits by getting more flexibility from lenders Lawyers are calling it the “corona clause”: new language that has cropped up in loan documentation giving borrowers more leeway to absorb hits to their businesses...
Tag - borrow
We’ve ventured into unknown waters around the world right now. This coronavirus has spread across continents, putting a halt to business operations everywhere. The economic impact has been startling, and it’s resulted in one of the biggest stock...
Are you worried about issues with your finances? It is important that you make the right decisions with your expenses. If you take the wrong path here then you can end up with significant trouble. This could leave you with high levels of debt or...
The lending and borrowing of money has been one of the most significant cogs in the wheel of global economies for centuries, and it is one of the main ways wealth is generated. As such, the lending sector is an incredibly important part of the wider...
If you have never checked your credit score before, it can be safe to assume that this is because you have never needed to. This comes when you are applying for finance; so a loan, mortgage or money deal that you are getting to help pay for a...
Credit We have all been in a position where it was necessary to borrow money. Whether it is just to get you through the month, or for an unexpected payment, it can be a hassle. The good news is that there is always the option to borrow. If there...
There comes a time when every business owner has to ask the question of whether to expand or not. Expanding a business is a huge task, and there is no guarantee that it will be successful. However, if it does all go according to plan, the business...
Very few people will go through life without being in some kind of debt. It can come from a variety of places, from college loans to credit cards. Having debt isn’t automatically an evil thing in itself. In fact, it’s useful to build...
