Fri.Jul 26, 2024

article thumbnail

Judge Wiles Rules Mercon Coffee Plan Releases Are Prohibited Transfers Benefiting ‘Insiders’

Reorg Blog

Judge Michael E. Wiles issued a decision today denying releases granted under the Mercon Coffee debtors’ fourth amended plan of liquidation to a subset of officers and directors.

52
article thumbnail

Three people sentenced in $88M pirated business telephone license case

Due

Three people have been sentenced as part of an $88M pirated business telephone software license case. The three individuals involved in the case, Raymond Bradley “Brad” Pearce, Dusti O. Pearce, and Jason M. Hines, have all been given custodial sentences. The FBI Oklahoma City Field Office investigated the case. The Justice Department report also stated Senior Counsel Matthew A.

52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is the Minimum Credit Score for a Business Loan?

CreditStrong for Business

When you apply for a business loan, commercial lenders consider many different factors, including your business credit scores, credit history, financials, collateral, and more. But in many cases, your credit scores are the most important factor because they indicate how well you’ve managed your debts in the past. Before you apply for your next business loan, it’s important to know what lenders are looking for and how that can vary for different types of loans.

article thumbnail

Capitalizing on AI’s energy demand through infrastructure bonds

Due

AI constantly evolves, and new opportunities emerge as this technology advances. One such opportunity lies in the realm of artificial intelligence (AI). AI has been a buzzword in the tech industry for several years, but its implications extend far beyond technology. As AI continues to grow and develop, it is creating unique investment opportunities that savvy investors are capitalizing on.

Default 52
article thumbnail

What Are Tier 3 Business Credit Vendors?

CreditStrong for Business

Establishing business credit is a top priority for many small business owners, particularly if you want to expand your business over time. Tier 1 and tier 2 vendors can help you get started. But once your business has been around for a few years and established a positive repayment history, you may be ready for tier 3 vendors, which include banks, credit unions, and online lenders.

article thumbnail

Essential Financial Tips for a Comfortable Retirement

Due

Proven Strategies and Tips for Financial Stability in Your Golden Years Retirement is a significant life stage that requires careful financial planning to ensure comfort and security. According to the Federal Reserve , nearly 28% of Americans, up from 25% in the prior report, have no retirement savings. And among those with some savings, the amount saved is insufficient to maintain their lifestyle post-retirement.

More Trending

article thumbnail

What's the difference between accountants and bookkeepers? | Chaser

Chaser

Financial roles in business management are critical for ensuring accurate tracking, reporting, and analysis of financial data. These roles, ranging from daily transaction management to strategic financial planning, directly contribute to a business’s operational efficiency and long-term financial health. While you focus on steering your business forward, two key financial professionals—bookkeepers and accountants—ensure your financial operations run smoothly.

article thumbnail

Average Car Loan Interest Rate by Credit Score

CreditStrong for Business

Auto loan interest rates vary widely from 0% to much higher interest rates, such as 25% for subprime borrowers with very poor credit. One reason why the interest rates for car financing are important is that the price of vehicles being produced today is staggering. The average price for new cars in the U.S. recently surpassed $40,000, which also translates to pricier used cars, which then makes good car loan rates a priority.

article thumbnail

Optimizing BigCommerce Schedule Promotion for Sales Growth

Grit

According to a recent study by Statista, online retail sales worldwide are projected to reach 7.467 trillion dollars in 2026. As eCommerce continues to grow, businesses must adopt effective strategies to stand out. One powerful tool for boosting sales is the BigCommerce schedule promotion. This feature allows store owners to automate their sales campaigns, ensuring they run at the most optimal times.

article thumbnail

SVB Financial Group, FDIC-C Hone In on Systemic Risk Exception Authority at Center of $1.93B Silicon Valley Bank Deposit Dispute

Reorg Blog

The post SVB Financial Group, FDIC-C Hone In on Systemic Risk Exception Authority at Center of $1.93B Silicon Valley Bank Deposit Dispute appeared first on Reorg.

article thumbnail

Simplify transactions with Atom8’s BigCommerce Stripe Integration

Grit

Looking to streamline your online store’s payment process? Atom8’s BigCommerce Stripe integration offers a powerful solution for eCommerce businesses. This seamless connection between your BigCommerce platform and Stripe’s payment processing can simplify transactions, enhance security, and improve the overall customer experience. Let’s explore how this integration can benefit your online store and boost your bottom line.