CWB Financial Group (CWB)(TSX: CWB) today completed its previously announced acquisition of the Canadian Commercial and Vendor
Finance assets of ECN Capital Corp. (ECN).
GM could sell the non-auto
financing assets of GMAC in a pinch, which is presently a very valuable franchise that you don't possess.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan
assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to
finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier
financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The
finance minister
of Saudi Arabia has sought to reassure investors that the kingdom is a secure place to invest following a crackdown on corruption in the country that saw individuals imprisoned and
assets handed over to the government.
Asset Finance requires
assets of course and invoice discounting or invoice factoring depends on the business providing products or services on credit, which excludes much
of our high street.
We don't want to fan debt -
financed appreciation in the price
of a major
asset because when the escalation reverses, it can trigger a self - feeding spiral
of debt defaults.
(See this list
of factors who belong to their main trade group, the Commercial
Finance Association, whose members include all sorts
of asset - based lenders.)
Remember though, if you default on a secured loan then the
assets or
asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out
of business, so there is some element
of risk to consider with
asset - based
financing.
«Bitcoin just shows you how much demand for money laundering there is in the world,» Fink, the head
of the largest
asset management firm in the world, said at an Institute
of International
Finance meeting.
European Commission Vice President Valdis Dombrovskis, pictured above, said at a February roundtable in Brussels that digital
assets «present risks relating to money laundering and the
financing of illicit activities.»
When the light turns yellow, Phunware turns to a working capital line
of credit,
asset - backed loans, bridge
financing, or equity funding.
Much rests on that model: trillions in auto sales, a massive global workforce, vast
assets in the form
of factories, an enormous network
of marketers and dealerships, billions in yearly advertising, a legacy automotive media, and above all, the
financing that makes buying and leasing individual cars and trucks possible.
In addition to the difficulty that many potential business owners face in accessing capital, aboriginal people have unique challenges to securing
financing including legislation prohibiting the use
of on - reserve
assets as collateral, lack
of local financial institutions to work with, and lack
of access to angel investment or venture capital.
The government will «take all measures to eliminate the use
of these crypto -
assets in
financing illegitimate activities or as part
of the payment system,» India's
finance minister told lawmakers in New Delhi in February, according to a transcript by The Hindu newspaper.
«The banks have no interest in
financing small business unless they are 100 % secured on company
assets, personal insurance and guarantees,» said a Bank
of Montreal client based in Saint - Laurent, Quebec.
Percentage
of the 2001 Inc 500 that raised additional
financing from Bank lines
of credit: 80 % Commercial loans: 52 % Personal
assets: 45 % Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofit
assets: 45 %
Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofit
Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal
assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofit
assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofits: 3 %
Moshe Milevsky, a
finance professor at Schulich and one
of Canada's best - known home - ownership skeptics, has long argued that for young people with limited means and unrealized career potential, stowing most
of their wealth in a single illiquid
asset is foolhardy.
While cryptocurrencies are currently too small an
asset class to pose systemic risks to the financial system, that may change as the space continues its rapid evolution, Mark Carney, chairman
of the Financial Stability Board, said in a letter to G - 20
finance leaders published Sunday.
Prime Minister Tony Abbott flew into Perth today to announce $ 500 million
of extra Commonwealth funding for WA roads, while his
finance minister Mathias Cormann kept up pressure on the state government to reciprocate by privatising more state - owned
assets.
A weekend selloff cryptocurrencies subsided, with Bitcoin rallying from a six - week low before Group
of 20
finance ministers and central bank governors discuss digital
assets in Buenos Aires.
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Atlas Iron has launched an extensive review
of its operations,
finances and possible
asset sale opportunities in response to steep falls in the iron ore price.
The No. 1 U.S. mortgage
financing company swung back from a net loss
of $ 6.53 billion in the fourth quarter due to a $ 9.9 billion writedown
of its deferred tax
assets tied to the sweeping federal tax...
Though still a tiny component
of the global financial system — Islamic
finance accounts for roughly 0.5 %
of the world's financial
assets, representing some US$ 850 billion — its proponents claim it's the fastest - growing sector
of that system.
The 504 CDC Program is designed to provide growing businesses with long - range, fixed - rate
financing (up to $ 1 million for qualified applicants) for major expansion expenditures in the realm
of fixed -
asset projects.
Marc was the founding principal
of Chicago
Asset Funding LLC, a AAA - rated structured -
finance investment firm that in 2009 was one
of the market's largest investors in junior collateralized loan obligations.
She joined the company in 1997 and has held a number
of executive positions including CFO
of Prudential Annuities, VP
of Finance (Individual Life Insurance), and Managing Director &
Asset Treasurer, Capital Markets and Corporate
Finance.
Under this program, the SBA guarantees loans for up to $ 1.25 million for a combination
of fixed -
asset financing and working capital needs (though the working capital portion
of the guarantee is limited to $ 750,000).
A collapse
of the deal would demonstrate the difficulties Chinese companies now face in
financing and purchasing high - profile U.S.
assets.
After 18 months
of negotiations, during which each side saw the climate get bleaker still, Chromalloy at last sold Foster the works through a deal for
assets,
financing essentially 100 %
of the business by advancing working capital.
«The government does not recognize cryptocurrency as legal tender or coin and will take all measures to eliminate the use
of these crypto -
assets in
financing illegitimate activities or as part
of the payment system,» Arun Jaitley told lawmakers in New Delhi, according to a transcript by The Hindu newspaper.
The bank sought to fill the gap with a $ 200,000 SBA loan, something Wald wanted to avoid at all costs, recalling the consequences
of the $ 30,000 SBA loan he'd received in 1996 (and since paid off): NetForce had trouble securing the kind
of financing it needed because the SBA had taken a blanket lien on all the company's
assets.
Fixed
Asset Financing: The conference bill establishes a new SBA guaranty for the portion
of the 504 loan that's made by a commercial bank.
Integrity Funding is a specialty
finance company that participates in the structure, acquisition and sale
of financial instruments in the aviation, life and annuity
asset classes.
«Goodwill is one
of the riskiest
assets that can be
financed because it typically has no liquidation value,» an SBA spokesman explained last week.
Loan maturities are based on the ability to repay, the purpose
of the loan proceeds, and the life
of the
assets financed with the loan.
Does your business have some type
of asset (s) that can be
financed, such as invoices, accounts receivable, contracts or compelling intellectual property / patents?
Vladislav Reznik, now the deputy head
of the
finance committee in Russia's lower house
of parliament and a member
of the Putin - aligned United Russia Party, faces charges accusing him
of giving allies
of the criminal organization's alleged leader, Gennady Petrov, positions in the Russian government in exchange for a share
of the organization's
assets.
In the latest example
of Toronto's burgeoning start - up community, last week video - based social networking platform Keek received $ 5.5 million in
financing from a consortium
of investors led by AlphaNorth
Asset Management and Plazacorp Ventures.
Centene intends to use the net proceeds
of the offering to
finance a portion
of the cash consideration payable in connection with Centene's previously announced acquisition
of the
assets of Fidelis Care and to pay related fees and expenses.
Basic factors you should consider include the amount
of your existing savings, whether you have
assets that could be sold for cash, whether friends or family members might offer you
financing or loans, and whether your spouse or other family members» salaries could be enough to support your family while you launch a business full time.
For a legitimate business, it's generally a wise decision to keep the
finances of your entity separate from your personal
assets, according to Horwitz.
There are some basic decisions you must make like will you offer seller
financing; will you sell the entire business entity or just
assets; will you keep any
assets; will the buyer likely retain or replace staff; will you maintain a minority stake
of the ownership; will you be expected to put in a year
of transition time after the business is sold.
«I define a bubble as something where
assets have prices that can not be justified with any reasonable assumption,» says Jay Ritter, a professor
of finance at the University
of Florida's Warrington College
of Business Administration who studies valuation and IPOs.
The $ 5.2 billion
financing deal put together by Icahn was shown to a mix
of U.S. and foreign banks,
asset managers, hedge funds and collateralized loan obligation (CLO) managers.
Given the shift in the economy from
asset - based businesses to service - based businesses, the majority
of small business transactions now originate from such goodwill
financing.
Not only will Sokoni provide a marketplace for buyers and sellers, it will enhance the speed and efficiency
of asset sales and capital raises by using technology to facilitate the work
of those looking to
finance African infrastructure
assets, as well as potential donors and global capital providers interested in investing in Africa.
With your
finances top
of mind and your
assets on the table, there's no time like the present to get it done.
In an ideal world, there would be no need for a business to use their
assets to raise
finance but as a means
of weathering a financial storm, the option can often prove absolutely invaluable.
Stock in structured -
finance firm Coventree lost more than half its value Tuesday after it said various Coventree - sponsored trusts could not fund maturities
of Canadian
asset - backed commercial paper due to what it called a «market disruption.»