How conditions or covenants in business finance can impact you…
Does your current asset loan or business finance contain conditions or covenants? Here’s what you need to know about them.
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.
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What word sums up 2024, neighbours?
If 2020 was the year of lockdowns, banana bread, and WFH (work from home)....
In one word, how would you define 2024?
We're excited to see what you come up with!