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.
Liability
A liability Is a financial obligation or debt that an individual or business owes to another party (ie. bank or other financial institution).
Liabilities can be short term or long term and come in various forms including mortgages, personal loans, credit cards, buy now pay later etc.
Each type of liability comes with its own terms and conditions, including the amount borrowed, the interest rate, repayment period etc.
Assets are the items your you own that can provide future economic benefit. Liabilities are considered debts.
Personal assets include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate.
Liabilities are the debts the individual may have, which includes personal loans, credit cards, student loans, unpaid taxes, and mortgages.
Learn MoreThere are mainly four types of liabilities in a business; current liabilities, non-current liabilities, contingent liabilities & capital.
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