by Lea Strickland | Jul 30, 2014 | Business Articles, Business Growth, Cash Management, Perspectives, Small Business, Start-up
Every day it seems we hear about the Enron, Worldcom, ImClone and other “big business” ethical violations. There is no denying the significant impact on millions of people and the financial markets. However, there is a business practice that I’ve...
by Lea Strickland | Jul 31, 2010 | Glossary
Alternative term for overdraft facility.
by Lea Strickland | Jul 30, 2010 | Glossary
An agreement enterred into by the founders, investors, management or others to make one liable for one’s own or a third party’s debts or obligations. A personal guarantee signifies that the lender (obligee) can lay claim to the guarantor’s assets in...