Revolving credit: not just for the Fortune 500
Article Abstract:
The revolving credit arrangement is provided by financial institutions to firms seeking an infusion of low-interest funds from the commercial finance market. The advantages available to companies that enter into revolving credit accords are that revolving credit enhances the cash flow position of the firm and can help keep interest expenses down. The status of accounts receivable collections may become a problem for the banks providing the revolving loans. After the status of the accounts receivable data is verified, the collateral balance may be decided by examination of the aging accounts. The standard agreement will require that all of the proceeds from the selling of inventory be listed first on the outstanding line credit and then on the firm's cash account.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1986
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The Professional Counselor: How Valuable Is FDIC Insurance on Your Money Market Investment?
Article Abstract:
The Professional Counselor compares money market investments offered by banks and insured for $100,000 per account with non-bank money market funds, which yield higher interest. While the latter are not insured by the Federal Deposit Insurance Corporation (FDIC), the article advises investors to recognize their advantages and safe investment record. Other topics examined include: landlord responsibility in theft, corporate mortgage investment, the marriage income tax deduction, leasing and related parties and a simpler inventory tool.
Publication Name: The Professional Report
Subject: Business, general
ISSN: 0890-9288
Year: 1984
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