Call it leverage. Call it borrowing. Call it debt. All ways of saying that you got a loan to help your business grow (or, in 2020, to survive). This is not the free debt you get from delaying paying your bills, this is: go to the bank, ask for money, agree to pay...
Pick up any business newspaper today and someone will be opining on the interest rate yield curve. Is it going up, going down, reversing, inverting, or just resting quietly? You’re busy running a business that isn’t a bank, so what’s that all about? Why do you care?...
This note is for the personal tax planning of our clients and friends. With the passage of the new tax law, the interest expense you pay on any home equity line of credit (“HELOC”) is no longer deductible on your federal return. However you can carry up to...
Some say it’s downhill from here: “U.S. CFOs, on average, believe there is a 31% chance that the U.S. economy will be in recession by year-end 2016… That percentage is double the 16% who thought so just 10 months ago.” Source: Duke...
CFO Magazine reported recently that federal banking regulators last month published revised and final guidance for financial institutions that originate leveraged loans, as part of an effort to rein in aggressive underwriting of the instruments that underpin many...
