In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
There are mainly four types of liabilities in a business; current liabilities, non-current liabilities, contingent liabilities & capital.
Current Liabilities Include:
- Accounts payable
- Sales taxes payable
- Payroll taxes payable
- Income taxes payable
- Interest payable
- Bank account overdrafts
- Accrued expenses
- Customer deposits
Non-Current Liabilities Include:
- Bonds payable.
- Long-term notes payable.
- Deferred tax liabilities.
- Mortgage payable.
- Capital leases.
