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Tag: bank

Bank Statement

See Also: 5 C’s of Credit (5 C’s of Banking) Bank Charge Bank Reconciliation Financial Position Line of Credit (Bank Line) Bank Statement Definition A bank statement, defined as the statement received from a bank after each month as a customer, is one of the most basic accounting statements to exist. Bank statements usually include the

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Bank Charge

See Also: Fixed Charge Coverage Ratio Analysis 5 C’s of Credit (5 C’s of Banking) SKU Categories of Banks Bank Charge Definition Bank charge, defined as the fees associated maintaining a bank account, exist in the personal as well as business world. These charges come from two factors. First, regular account maintenance is perhaps the

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Can Factoring Be Better Than A Bank Loan?

See Also: What is Factoring Receivables The Dreaded “F” word Accounting For Factored Receivables Journal Entries For Factored Receivables Working Capital Preparing a Loan Package Can Factoring Be Better Than A Bank Loan? What I have found is that normally a business owner who needs financing for the growth of their business start their financing

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Annual Percent Rate (APR)

See Also: Effective Rate of Interest Calculation Fixed Interest Rate vs Floating Interest Rate Interest Expense Carried Interests Annual Interest Rate Definition The Annual percentage rate (APR) of a loan is the yearly interest rate expressed as a simple percentage. A bank or lender quotes the rate or APR. The annual percent rate does not incorporate

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American Depositary Receipts (ADRs)

American Depositary Receipts (ADR) Definition American Depositary Receipts (ADR) are intermediaries so that investors can invest in foreign markets and exchanges. ADRs hold a claim on the foreign stocks held by banks within the United States. American Depositary Receipts (ADR) Explained Often times it is difficult for Americans to invest in foreign stocks. In light

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Working Capital from Real Estate

“Many companies own the land and buildings necessary to conduct the day-to-day operations of their business. Oftentimes this valuable asset is included in traditional bank financing packages as the cornerstone of the credit facility. As long as the business progresses as the bank deems appropriate, and all loan and debt service coverage covenants remain in

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FASB Chief to Propose Accounting Rule Change

In this blog, we look at how the FASB Chief to propose accounting rule change will impact your business. FASB Chief to Propose Accounting Rule Change The Chairman of FASB is set to propose that bank regulators be allowed to make adjustments to the financial statements of banks in order to determine whether those banks

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Bank Covenant Violations Sets Off Bank’s ‘Trip Wire’

The Houston Business Journal interviewed The Strategic CFO regarding bank covenant violations and what steps you should take to manage the process. Bank Covenant Violations Sets Off Bank’s ‘Trip Wire’ “Setting Off a bank’s ‘trip wire’ doesn’t have to be the end of road.” If you need to improve cash flow, then download the free 25

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FDIC Bank Failure Watch List: Leading or Lagging Indicator?

The FDIC produces the FDIC bank failure watch list every Friday at 7:00p.m. As of April 24th there were 29 failed banks in 2009. There were only 25 failed banks in 2008! If this trend holds true we should have 85 to 90 bank failures in 2009! A 350% increase in bank failures in 2009

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