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An In-Depth Guide to Bank Account Garnishment in Texas and How to Avoid It

August 4, 2020

Business debt, whether from small business loans, corporate credit cards, or federal and state taxes, can be a challenge to manage. And if the debt remains unpaid for too long, it can exacerbate the situation for many business owners and finance managers. This unpaid debt can lead to a serious … [Read more...]

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What is a Debt Ratio and why it’s a Key Financial Metric

August 4, 2020

Business debt is a crucial part of any company’s financial portfolio. Debt can help businesses stretch their cash flow while ensuring they have the capital for critical expenses. It can also help some businesses grow by freeing up cash for other endeavors. That debt, though, has to be managed so … [Read more...]

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What Small Businesses Should Know About the IRS Debt Forgiveness Program

May 8, 2020

The IRS can be daunting for businesses and sole proprietors that owe tax debt – federal tax liens can seriously impact a company’s ability to operate if taxes remain unpaid. However, the IRS offers options for taxpayers that need help with their obligations. Many businesses and sole proprietors are … [Read more...]

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What Happens to Debts When Dissolving a Company?

January 24, 2020

Going out of business is a tough process regardless of the reasons. Whether a small business closes because of changes in the market or a massive corporation shuts down due to advances in technology, many businesses still have some outstanding debt or tax obligations when they cease … [Read more...]

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After-Tax Cost of Debt – How to Calculate it For Your Business

January 24, 2020

It’s not uncommon for the general population to view debt as an unfavorable financial instrument, but entrepreneurs and finance directors know the value of leveraging capital. In fact, smart business owners know how to use debt as an actual tool to grow their business. Debt can be a critical device … [Read more...]

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Recent Posts:

  • Approving Customers for an Unsecured Line of Credit
  • HOW TO DETERMINE DEBT CAPACITY FOR A COMPANY
  • Feds Raising Rates | Debt Recovery Resources
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