Overseas Tax Holiday For Tech Giants May Come With A Catch

Even so, one worry is that the overseas tax holiday for tech firms may not turn out as the bonanza its made out to be. That depends on whether legislation puts conditions on how money could be spent and creates enforcement mechanisms.

Rather than see the money go toward company stock buybacks or acquisitions, Trump and Congress could steer money toward job creation and capital spending, says a UBS analyst.

If the (Trump administration) wants to really drive inward investments within the US there might have to be some sort of mandated use of cash, maybe to spend it on (capital expenditures). As yet, we do not know, UBS analyst Geoff Robinson said in a report.

Theres reason...

Payix names finance & accounting leader

Zarate has worked in corporate financial roles for 10 years, including as controller for Innovate Auto Finance. Prior to working for Innovate, she also held positions with Alcon Laboratories and Marketing Management.

“We are very excited to add Priscilla to the Payix leadership team. She brings tremendous experience and financial discipline to the organization, which will be of great help to us as we develop our client base and grow our business,” Chestnut said.

Bank Muscat offers Ramadan Sayyarati auto finance option

Guaranteeing the fastest turnaround, the feature-rich Sayyarati finance can be obtained within the shortest possible time at low interest rates starting from 3.5 per cent, equivalent to the 1.91 per cent flat rate. The Sayyarati package includes financing for up to eight years for new and used vehicles, the lowest monthly payment option, on-the-spot approvals and option for motor insurance funding with the lowest monthly payment in the market.

Customers are not required to furnish post-dated cheques, making Sayyarati the easy, convenient and completely hassle-free way to own a new car. Notably, Sayyarati finance can be obtained from all Bank Muscat branches spread across Oman.

Facilitating...

Record audience as IAFN conference reveals future of auto finance

Technology is driving fundamental changes in the auto finance market, disrupting the supply chain and transforming the ways in which the industry operates, delegates at the annual International Auto Finance Network conference heard on Tuesday.

Car debt adds horns to UK’s Brexit vulnerability

LONDON (Reuters Breakingviews) – Britain’s credit boom is a cause for concern. Not for the obvious reasons: rates are low and the banking sector is sturdy. The issue lies with another big UK industry – cars.

Auto finance is driving up the stock of non-mortgage debt, which includes credit cards and personal loans and hit 197 billion pounds at end-March. That’s close to the 2008 financial crisis peak, and household debt as a proportion of disposable income is rising. Since 2014, car finance has consistently been the biggest driver of annual consumer credit growth, which is now running at more than 10 percent.

Overcoming Business Loan and Commercial Mortgage Finance Problems

One of the most difficult business loan scenarios occurs when a commercial borrower is rejected for either a commercial mortgage or commercial loan. There are five specific reasons that account for a healthy majority of business finance rejections. These common business financing application problems are particularly applicable to commercial real estate investment property financing.

Commercial borrowers are likely to be confused when their commercial loan application is turned down and will probably be unsure as to why it happened and what to do next. For each of the five major reasons that a bank might decline a commercial mortgage, a practical strategy is provided for converting...

UK rates, banking sector steady but runaway auto finance is a major concern

Britains credit boom is a cause for concern. Not for the obvious reasons – rates are low and the banking sector is sturdy. The issue lies with another big UK industry: cars.

Auto finance is driving up the stock of non-mortgage debt, which includes credit cards and personal loans and hit 197 billion pounds ($253.78 billion) at end-March. Thats close to the 2008 financial crisis peak, and household debt as a proportion of disposable income is rising. Since 2014, car finance has consistently been the biggest driver of annual consumer credit growth, which is now running at more than 10 percent.

Unlike 2008, lenders are not likely to be hugely exposed. The Bank of England says...

MBC funds: Providing an immediate access to your business financing.

People run business to earn benefits and to make all its resources to the full use. However, people due to increasing competition today, takes risks calculated for their business objectives. Here, money also plays an important role. Risk and crisis are an integral part of any business and the more apt you are at managing business crisis better is your chance to prosper. However to survive and recover from a crisis is the most important element required by any entrepreneur. Nature of the business is in two categories. They are new or seasoned business. Obviously the business finance depends on this nature. Whatever may be the type, the fact is there are profits earned and these profits are helpful...

Working Capital Financing & Asset Based Lenders

Information on working capital financing and asset based lenders in Canada. These solutions solve cash flow challenges faced by Canadian small and medium enterprises in their search for business credit.

Asset based lenders could well be providing your competitors with all the working capital and cash flow solutions you need. The acronym for this type of financing is ABL; simply speaking its daily cash flow provide against your current, and sometimes not so current assets.

Put simply, this facility allows you to margin your receivables, inventory and, should you choose, fixed assets and real estate. You are probably saying to yourself that you could arrange financing on your own those...

Business Financing In Canada . Know Your Options for Funding And Finance , Loans and Monetization

Sources of business financing. What we really mean is do you as a business owner of manager really understand the type of funding your company might need, and moreover what alternative to loans and finance exist.

Capital has always been a challenge for Canadian business, more so in the SME sector. While larger corporations have Chartered banks, advisors, and access to capital pools both public and private the ‘ little guy ‘ in the small and medium enterprise sector struggles to search for capital.