Tag: bank guarantee

For those who have just won the Lotto – or in a more likely scenario – are exceptionally good at saving - choosing to buy a home in cash can have its advantages. However, this option also means forgoing tax benefits, and tying up a substantial amount of hard cash in a fixed asset for a long period of time.

COVID-19 has made it infinitely more difficult for most companies to do business. Apart from the financial challenges created by the widespread lockdowns, the requirement for social distancing and remote working, relationships has made it very difficult for prospective parties in a business transaction to comprehensively assess the companies they intend doing business with, including the vital requirement to check on their creditworthiness.