How conditions or covenants in business finance can impact you…
Does your current asset loan or business finance contain conditions or covenants? Here’s what you need to know about them.
It’s important to look beyond the interest rate of any business finance arrangement that you are entering into because often that low-interest rate loan, which you have been enticed by, may contain conditions or covenants that you have to abide by and comply with. While there is nothing wrong with conditions or covenants being imposed by a lender, borrowers need to be comfortable that they can comply with these and that there are no adverse implications on the business or any party involved.
Poll: 🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Aucklanders, our weekly rubbish collections are staying after councillors voted to scrap a proposed trial of fortnightly pick-ups.
We want to hear from you: would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Keen for the details? Read up about the scrapped collection trial here.
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82.4% Same!
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17.6% Would have liked to try something different
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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