Remove Debt Remove Maine Remove Negotiation
article thumbnail

Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Hovnanian Homes , he offered buyers the opportunity to reserve their desired home site for 30 days or more (the length of time could be negotiated or determined by the builder) with a small refundable deposit. If the market did roll over, he might have to lay people off, but would not be stuck with land debt.

article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

They may call your contracting company for future work or they may decide to shop the competition and use the information they find to negotiate for a lower price. Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do Pawn Shops Take Steel-Toe Boots?

Work Gearz

Debt cycle. This will put you in a vicious debt cycle. A pawnbroker will be ready to negotiate with you only if you bring them something of extremely high value like a pair of limited edition designer footwear. There is simply an agreement between you and the pawnbroker in most places. Not much value. No fee is charged.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.

Income 108
article thumbnail

SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

Buisness Facilities Contributed Content

Main Street Disaster Relief: This program provides guarantees of up to $500,000 for commercial lines of credit to businesses that need access to cash to improve their damaged property while awaiting insurance proceeds. The planning processes and expertise of the New York Works Task Force will be embedded into the Bank’s functions.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee. EMPLOYEE TRAINING PROGRAMS.

Income 75
article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Main Street Loan Program: Today’s economy makes it difficult for emerging businesses or businesses in rural areas to get financing. The Dakota CDC Main Street Loan Program was created to fill this financing void. The IDB has been assigned a rating of “A+” by Standard & Poors Rating Group.