McDermott exits Chapter 11 bankruptcy
Construction Dive
JULY 1, 2020
billion of debt and provides the energy contractor's management with 7.5% of newly issued equity. The reorganization eliminates $4.6
Construction Dive
JULY 1, 2020
billion of debt and provides the energy contractor's management with 7.5% of newly issued equity. The reorganization eliminates $4.6
Contractor Bookkeeping
FEBRUARY 5, 2014
At that, sadly, is during the bankruptcy proceedings or at the auction where their entire construction company is being sold for pennies on the dollar to pay off some of the mountain of debt they accumulated. Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. -.
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Buisness Facilities Contributed Content
APRIL 15, 2014
million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.
Buisness Facilities Contributed Content
MARCH 21, 2014
Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.
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