980 Search Results
980 Search Results
https://www.sofi.com/learn/content/insolvency-vs-bankruptcy/
While both insolvency and bankruptcy describe a situation where a person or company is unable to pay their debts, bankruptcy is a legal declaration – it’s what can happen if insolvency doesn’t get resolved. Keep reading for a closer look at bankruptcy vs insolvency, how each situation can happen to a person or small business, […]
https://www.sofi.com/learn/content/mezzanine-financing/
Mezzanine financing is a unique business financing product that allows the lender to convert unpaid debt into equity should the business default on payments. These loans are often layered on top of conventional loans in a typical capital structure, hence how they got their name. Mezzanine financing allows business owners to borrow a larger amount […]
https://www.sofi.com/learn/content/traditional-income-statement/
One of the most common types of financial statements used by businesses is the income statement. Also known as a profit and loss statement, an income statement shows a company’s income and expenditures and whether that company is making a profit or loss for a given period. There is more than one type of income […]
https://www.sofi.com/learn/content/indiana-small-business-grants/
Indiana has about 530,000 small business owners who can apply for small business grants. Submitting an application and competing for Indiana small business grants can help you grow your small- or medium-sized enterprise in the Hoosier State. Indiana’s economy has a gross domestic product of $494.8 billion as of 2023. That’s the 19th largest GDP […]
https://www.sofi.com/learn/content/new-york-small-business-grants/
Small businesses make up a substantial portion of the New York State economy. According to New York’s 2023 Annual Report on the State of Small Business, a full 98% of New York businesses have fewer than 100 employees, and just over 92% of that total have fewer than 25 employees. To support small and medium-size […]
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