by Gaurav Mehrotra | Jul 21, 2021 | Banking, Business Development, CEO / Owner, News, Podcast, SJCC
Executive Summary Debt, at least in the American construction business, is helpful when it comes to growth. Here’s a couple reasons why. What is debt? When money is borrowed and then must be paid back, that money which must be paid back is called debt. On your...
by Gaurav Mehrotra | Jul 11, 2017 | Banking, Home, News, SJCC, White Paper
Executive Summary: What are banking covenants? Banking covenants are conditions put upon a borrower by the bank. Although they can be general in nature, they often are quantitative. Some typical covenants are listed here. What sort of loan? In the construction...