Paper, or commercial paper, is a very short-term loan issued to a company for financing short term liabilities. The main features of commercial paper are:Very short maturity, no more than 270 daysNo c...
If you desire to venture into real estate investing, specifically house flipping, then after repair value (ARV) is a concept you must understand. In this article, we will be discussing what an ARV is ...
A business development company (BDC) is a firm whose sole purpose is to invest in small and medium businesses, as well as distressed companies. It helps to develop and grow small and medium-sized busi...
The San Francisco-based bank, Wells Fargo has struggled to rebuild its reputation over the past few days after it blamed its lack of diversity on a shortage of Black talent.The bank’s chief executiv...
The White House on Friday increased its coronavirus stimulus offer to $1.8 trillion which was nearly double the initial offer the President made. However, the amount is still $400 billion less than th...
Europe’s largest bank by assets HSBC on Tuesday reported results for the third quarter of 2020. Although the bank beat estimates, it still reported a 36% year-on-year fall in its third-quarter pre-t...
Real Estate open listing: When the time comes to sell a home or investment property, the majority of owners will choose the traditional way of marketing their property which is through exclusive prope...
A Real Estate Investment Trust (REIT) is a security that trades like any asset on an exchange, similar to an ETF. A REIT pools the funds of investors and then invests it into ...
Securitization is a financial innovation that allows debt to be pooled together and for anyone to buy a claim on a portion of that debt.Securitization allows individual mortgages to be pooled to...
Black Friday shopping season is around, and shoppers are using their buying power to help black businesses. Black-owned businesses, especially the businesses ran by women have been the hardest hi...