{"id":110668,"date":"2023-05-08t11:58:10","date_gmt":"2023-05-08t15:58:10","guid":{"rendered":"\/\/www.g005e.com\/?p=110668"},"modified":"2024-08-27t17:02:29","modified_gmt":"2024-08-27t21:02:29","slug":"six-kinds-of-loan-covenants","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/05\/08\/six-kinds-of-loan-covenants\/","title":{"rendered":"six kinds of loan covenants"},"content":{"rendered":"
<\/a>what you need to avoid.<\/strong><\/p>\n by ed mendlowitz<\/i> negotiating the best loan terms, rates and conditions such as an annual cleanup and compensating balance amounts is done with the sharpest skills \u2026 not so much skill mining the loan covenants or restrictions.<\/p>\n more: <\/b>26 ways to wreck a financial projection<\/a> | how to prepare business plan financial projections<\/a> | the top 11 financial statement ratios<\/a> | eight ways to value a family-owned business<\/a> | are you ready for a co-owner to drop dead?<\/a> | simple controls can prevent fraud<\/a> loan covenants determine conditions the borrower must adhere to and when the bank has the right to call the loan, renegotiate the terms and rates, impose additional restrictions or controls, send in an auditor or assess extra charges or fees.
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