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Arif Bhalwani, CEO of Third Eye Capital, on the ‘Golden Age’ of the Private Credit Market

The Startup Magazine

TEC is one of Canada’s largest and most experienced private credit firms, specializing in providing asset-based capital solutions to companies that are underserved or overlooked by traditional sources of financing, primarily banks. The company was facing significant cash flow issues and was on the brink of bankruptcy.

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How to Wisely Utilize Debt for Business Expansion

The Startup Magazine

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. However, they often come with variable interest rates and may require periodic creditworthiness reviews. It enables businesses to stay competitive by acquiring the latest technology and machinery without draining their cash reserves.

Finance 120
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Effective Cost-Saving Rules for Manufacturers

The Startup Magazine

Due to COVID-19 pandemic, many companies found themselves on thin ice. Due to lockdowns, layoffs and other measures forced by the virus, some manufacturers had to pronounce bankruptcy and completely stop their business actions. Invest in efficient technology. Focus on ROI. Reduce energy consumption.

Cost 158
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7 Ways to Improve the Financial Management of Your Business

The Startup Magazine

Managing finances is one of the most important aspects of running a successful business. But, with the evolving technology and plenty of lease accounting software solutions in the market, you don’t have to worry about human error in your lease accounting journal entries. 4. Monitor finances. 3. Focus on planning.

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Curadebt Review – Should You Use Them?

The Startup Magazine

Before using the services of any company, it is always good to look at the consumer reviews. Reviews are especially important when looking to engage the services of a debt management company. That’s why even for a company of high repute like Curadebt, it’s worth checking out the negative reviews. Their website is very basic.

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Why Startups Are Ready For A Reboot

YoungUpstarts

Much of this success is due to the flexibility of startups and their ability to adapt. Companies that have managed to do this have a distinct advantage over those dependent on financing from external sources. Many startups are already tech-based, and the tech they use can help them connect with consumers and make sales online.

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Why You Should Background Check Your Business Partner

YoungUpstarts

It’s imperative to perform a due diligence check before entering into any business relationship — especially for an entrepreneur. For example, according to ADP’s 2009 hiring index , 46 percent of résumés reviewed showed discrepancies. Now, don’t get me wrong: Most people don’t lie on their résumés.