What are Some Business Fraud Examples?
The news regularly has examples of corporate fraud – Wirecard defrauded the public by €1.9B, Matel defrauded of $3M by hackers, Fiat Chrysler salespeople orchestrated $8.7M in wire...
Posts by: Pete Kos, Author at CFOShare
What is Asset-Based Lending?
In the lending industry, an asset-based loan (ABL) or line of credit is secured by certain types of collateral. These types of loans are frequently used by small...
What Happens if You Default on a Business Loan?
Most small businesses will, at some point, take out a business loan to help finance their growth. Especially during times of economic uncertainty, you may have trouble keeping...
Understanding Bank Workouts- What Does This Mean for Me?
My bank recently told me they were transferring my loan account to their “Special Assets” group. My friend told me that this means I am in “work out”,...
What the new PPP funding means for your business
If you missed out on a PPP loan before funds ran out, here’s what you need to do now In March, Congress passed the CARES Act, which provided...