Sentences with phrase «payment of business debts»

But as a sole proprietor, you would be held personally liable if your company faced litigation or creditors demanded payment of business debts.

Not exact matches

To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million in subordinated debt financing from the Business Development Bank of Canada and Quebec's Fonds de solidarité FTQ, with flexible five - year payment terms (the latter a reward for years of solid financial management).

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.

Starting your business debt - free removes the burden of having to make monthly payments as you launch your business, allowing you to be profitable sooner.

In that case, your capital outlay could create a burden (in leasing fees, debt payments, or depletion of precious cash) great enough to sink the business.

Your debt - service coverage ratio, also known as the debt coverage ratio, is the ratio of cash a business has available for servicing its debt, which includes making payments on principal, interest and leases.

This is different than a loan because your business doesn't acquire additional debt, there are no periodic payments, and the investor is willing to wait until a future date to capture some kind of return on their investment.

Loan or Debt Crowdfunding: Also known as peer - to - peer lending, individuals provide capital to businesses or individuals in exchange for interest payments and return of principal over a defined time period, similar to a mortgage or a car loan.

If you operate a small business in the United States or any of its territories, have some capital of your own to invest in your business, and are current with all debt payments to the U.S. government (including your income taxes), you may be eligible for an SBA loan — unless your business falls into one of the ineligible businesses identified by the SBA:

If you have a history of being late on your debt payments or defaulting on loans altogether, then the odds of you getting a small business loan become that much more unlikely.

It offers insight into two different types of funding options: traditional SBA loans, which require monthly interest payments, and 401 (k) business financing, a debt - free option that involves only minimal monthly maintenance fees, so you can see how each technique affects the business's bottom line.

Depending upon the nature of the loan, periodic payments will be either daily or weekly, allowing the small business owner to spread the burden of debt service throughout the month, rather than requiring one larger payment at the end of the month.

The company needs to sell a significantly higher number of cars to generate the cash to finance its business and meet debt payments.

Equity investment is usually required to fund the startup losses of a business as there is no track record of or any certainty that business will generate cash flow to fund debt and interest payments.

What if there was a way to invest in the small business of your dreams without having to take on debt or make monthly payments?

For those who choose debt financing, remember that you may start repaying a loan in as little as 30 days, so you'll probably have to pay out - of - pocket before your business revenue can cover the monthly payment.

Other Uses of Funds In view of the near impossibility of replicating the debt cancellations of prior millennia in the modern context, we have re-interpreted the prior objective of seeking to sustain a property - owning democracy in terms of equity participation by the State to enable any (young) person to afford the down - payment for a home, to finance a start - up business, and to benefit (if academically gifted) from tertiary education.

Aside from running into trouble qualifying for a loan, if you can't make your payments on time, you'll pay any number of fees — and potentially dig your business into a hole of debt.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

In the example above, net operating income has to cover ALL of your business expenses, not just the monthly payments on your debt.

These are problems of inclusive economic growth to address unemployment, decline in the agriculture sector, rising cost of living, collapsing businesses, the energy crisis («dumsor») unsustainable debt, poor infrastructure, rising interest rates exchange rate depreciation, rising fiscal and balance of payments deficits, and corruption.»

According to John Musso of the Association of School Business Officials International, advance refund bonds «are a cost - effective way for districts to refinance high - interest debt at lower - interest rates, potentially saving hundreds of thousands of taxpayers» dollars in lower debt payments.

Business debt consolidation allows the debts of your company to be joined into one sum than 20 payments.

Benefits of SBA loans include lower down payments and longer repayment terms than conventional bank loans, enabling small businesses to keep their cash flow for operational expenses and spend less on debt repayment.

This payment plan is great for businesses that got behind in the first year or two of operations but now have enough revenue to cover payments on their tax debt.

In this situation, the business will repay a certain portion of the tax debt in equal monthly installment payments.

If the IRS allows your business to enter into an installment agreement, your business will be given a certain number of equal monthly payments to pay the tax debt in full.

Trying to make the payments on these loans could hinder your performance on other loans or responsibilities that you have, thus putting you further into debt instead of helping you improve your business.

Terms, defined.For purposes of the Credit Services Organization Act: (1) Buyer shall mean an individual who is solicited to purchase or who purchases the services of a credit services organization; (2) Consumer reporting agency shall have the meaning assigned by the Fair Credit Reporting Act, 15 U.S.C. 1681a (f); (3) Credit services organization shall mean a person who, with respect to the extension of credit by others and in return for the payment of money or other valuable consideration, provides or represents that the person can or will provide any of the following services: (a) Improving a buyer's credit record, history, or rating; (b) Obtaining an extension of credit for a buyer; or (c) Providing advice or assistance to a buyer with regard to subdivision (a) or (b) of this subdivision; (4) Extension of credit shall mean the right to defer payment of debt or to incur debt and defer its payment offered or granted primarily for personal, family, or household purposes; and (5) Person shall include individual, corporation, company, association, partnership, limited liability company, and other business entity.

Online submission of business debts for collection from delinquent Commercial, Consumer and Healthcare and Public Sector accounts, plus online payment - by - check feature for debtors.

Some of the best uses of loan money our officers have come across are payment of debts, investing in education and business.

If you use personal debt to fund your business, make sure to set a rigorous schedule of making payments from the business to you, so you can make your monthly payment to your lender.

A business owner or owners make a payment plan in conjunction with a creditor's committee, appointed by a U.S. Trustee, to pay off unsecured debt over a period of time.

Doctor's offices and hospitals need to pay their bills just like any other business, and they might be willing to forgive part of your medical debt in exchange for a larger one - time payment.

Many consumers still find themselves being charged late fees or having their missed payments and outstanding balances reported to the credit bureaus, even after a debt settlement company has promised to take care of business.

Similarly, if a business's debt service coverage ratio is 0.8, this means that the business can only cover 80 % of its yearly loan payments.

If a business's debt service coverage ratio is 1.5, this means a business's cash flow can cover 150 % of its yearly loan payments.

If the business wanted to take out an additional loan with total annual payments of $ 30,000, then its total debt service would increase to $ 100,000 ($ 30,000 + $ 70,000) and its debt service coverage ratio would decrease to 1.00 ($ 100,000 ÷ $ 100,000).

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Missing a payment on one of your business debts can knock as much as 100 points off your personal score, making it harder to get new credit in the future.

Business debt accumulates just like personal debt and if your business doesn't produce as much income as needed to meet your monthly payments, then you may incur in personal debt too either because you are a guarantor of the company's debt or because you take a loan yourself to fund your bBusiness debt accumulates just like personal debt and if your business doesn't produce as much income as needed to meet your monthly payments, then you may incur in personal debt too either because you are a guarantor of the company's debt or because you take a loan yourself to fund your bbusiness doesn't produce as much income as needed to meet your monthly payments, then you may incur in personal debt too either because you are a guarantor of the company's debt or because you take a loan yourself to fund your businessbusiness.

We have seen many uses for the money including payment of debts, investing in business and education.

I owe $ 35,000 in unsecured debt, I had started a business in the entertainment Industry, I front loaded the business in the amount of $ 100,000 and also had to pay a $ 55,000 Levy, my wife and I have been making minimum payments and have not missed a monthly payment but have been late 3 - times.

In our experience people often use a home equity loan in payment of school fees, business investing, home renovation and as payment of debts.

Debt payment, education, home renovation, and business investing are some of the most common uses for this money but car payments and vacation payments are also popular.

Some businesses may also choose to file Chapter 11 bankruptcy to allow for the restructuring of their debt payments, to provide additional time to repay their financial obligations, and to keep their business running.

The States have observed several companies that attempt to divide each stage of the debt settlement business process — marketing and solicitation, contract origination and closing, payment collection, maintenance of consumer accounts, and actual debt negotiation — among different companies.

My payments are over $ 900 per month (twice as much as my house payment) and I can't find a job that will even come close to what I currently earn as an automotive tech... This debt also means that I can't even consider getting any kind of small business loan, or saving any substantial amount of money living paycheck to paycheck just to stay current on my payments.

In fact, they'll save hundreds of dollars each month on their debt payment and be able to put more money at work to grow their business.

These debts arise from the use of personal credit to fund business operations as well as from a failure to submit tax installment payments, often to finance operations when cash flow runs short.