A line of credit is a common form of financing for businesses. Offered by most banks or lending institutions, it usually requires no collateral to gain approval, unless the applicant’s credit score does not meet necessary criteria. As such, a line of credit is an asset to help a business meet short term needs such [...]
A primary offering, also called a primary distribution, is made the first time a company offers its stocks or securities for sale to investors, who can be employees of the firm or public traders. The funds obtained from the offering are made immediately available for the company’s use, to be reinvested into its structure or [...]
Factoring an account receivable is when an account receivable that was originally held by one company and has since been sold to a separate company that will attempt to collect on the account. An account receivable is debt a business is owed for a service it has previously rendered to another entity, or a product [...]
An intangible asset is an asset that is not a physical object. Some examples of intangible assets are copyrights, trademarks, brand names, patents, goodwill, and business methodologies. Tangible assets, on the other hand, would include things like land, buildings, equipment, goods, or even employees. An intangible asset can have actual market value, and be transferable [...]
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