common business practice to get a bank advance against guaranteed future income
If for example you had a manufacturing business and received a huge order... but you don't have the money for the materials, extra staff etc. required to fulfil it... you can use that order to get finance (against the guaranteed income from that order).
NC are debt-free, own the stadium and were guaranteed income from the PL so should have been able to get a short-term advance on that income from a financier.
Posted By: Larry Hagman on May 13th 2016 at 13:31:00
Message Thread
- Imagine if the world really was as simple as Larrald thinks it is though. (General Chat) - Arizona Bay, May 13, 12:13:04
- common business practice to get a bank advance against guaranteed future income (General Chat) - Larry Hagman, May 13, 13:31:00
- the 3-yr ST was, in effect, a short-term advance (n/m) (General Chat) - Henclrikus, May 13, 13:35:17
- NC put season tickets on sale in January so also like a financial advance to the club (n/m) (General Chat) - Larry Hagman, May 13, 13:45:37
- a hang-over from the March transfer-window (General Chat) - Henclrikus, May 13, 13:57:25
- NC put season tickets on sale in January so also like a financial advance to the club (n/m) (General Chat) - Larry Hagman, May 13, 13:45:37
- the 3-yr ST was, in effect, a short-term advance (n/m) (General Chat) - Henclrikus, May 13, 13:35:17
- He is a 180 degree barometer in that just about everything he (General Chat) - Pixelman, May 13, 13:05:53
- It can be quite simple though... (General Chat) - Steve in Holland, May 13, 12:56:45
- but there are two sides to it (General Chat) - Henclrikus, May 13, 13:02:55
- well of course (General Chat) - mr carra, May 13, 13:26:15
- in a similar vein (General Chat) - Henclrikus, May 13, 13:31:13
- Or Naismith and holt weren't very good at making their dives realistic enough (General Chat) - essexcanaryOTBC, May 13, 14:00:57
- neither are Tom Daley (n/m) (General Chat) - Henclrikus, May 13, 14:02:12
- or c) difference in Prem & Champ refereeing (General Chat) - mr carra, May 13, 13:36:54
- sorry, don't buy that (General Chat) - Henclrikus, May 13, 13:56:31
- Or Naismith and holt weren't very good at making their dives realistic enough (General Chat) - essexcanaryOTBC, May 13, 14:00:57
- in a similar vein (General Chat) - Henclrikus, May 13, 13:31:13
- But the very slight difference is, CamJam did score a fair goal (General Chat) - harry boulders, May 13, 13:17:09
- All of those are spot on apart from the Newcastle one (General Chat) - Common Sense Police, May 13, 13:10:52
- completely forgot about the handball (General Chat) - Henclrikus, May 13, 13:33:33
- well of course (General Chat) - mr carra, May 13, 13:26:15
- but there are two sides to it (General Chat) - Henclrikus, May 13, 13:02:55
- TBF, he is not the only one (General Chat) - Henclrikus, May 13, 12:17:28
- I remember the Man In Front turning round and asking 'Why don't we play more like (General Chat) - Bravo win or die, May 13, 12:34:58
- Why doesn't he just support Barcelona instead? (n/m) (General Chat) - essexcanaryOTBC, May 13, 13:54:53
- he would, but they don't defend like Atletico (n/m) (General Chat) - Henclrikus, May 13, 13:59:20
- Why doesn't he just support Barcelona instead? (n/m) (General Chat) - essexcanaryOTBC, May 13, 13:54:53
- TRU DAT (n/m) (General Chat) - Arizona Bay, May 13, 12:22:25
- I remember the Man In Front turning round and asking 'Why don't we play more like (General Chat) - Bravo win or die, May 13, 12:34:58
- Has he explained how Howson won POTS whilst also being our weakest squad player? (n/m) (General Chat) - essexcanaryOTBC, May 13, 12:13:55
- common business practice to get a bank advance against guaranteed future income (General Chat) - Larry Hagman, May 13, 13:31:00
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