Remove loan-documents
article thumbnail

14 Small Business Loan Documents You’ll Need

Small Biz Trends

If you’re like most small business owners, the thought of taking out a loan to grow your business is daunting. Loan documents are key when small business owners are seeking financing. But what documents do you need for your loan application, and where do you start? So what are loan documents?

article thumbnail

Asda’s Issa brothers borrow £7m more from EG Group to cover private jets

Retail Gazette

Asda’s billionaire owners the Issa brothers borrowed an additional £7m from their petrol stations empire last year to pay for their private jets, new documents have found. An EG Group spokesman told The Telegraph: “EG Group provided loans to the Clear Sky companies at a commercial rate of interest to service external third-party debt.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tailored Brands Seeks $75 Million Loan to Keep Afloat

Retail TouchPoints

Tailored Brands is seeking a $75 million emergency loan from Silver Point Capital , its largest equity holder and one of its existing lenders, to avoid another bankruptcy, according to Blo o mberg. The retailer, which operates under banners including Men’s Wearhouse and Jos.

Planning 261
article thumbnail

Christmas Tree Shops Could Liquidate if No Buyer Materializes

Retail TouchPoints

Christmas Tree Shops is planning to liquidate and close all of its stores if it can’t find a buyer, according to court documents. At the time, it had a $45 million loan, including about $20 million in fresh capital, to help it get through the process.

Shopping 220
article thumbnail

Court Approves David’s Bridal Paying Creditors $8.9 Million

Retail TouchPoints

million to its creditors after filing for Chapter 11 on April 16, according to documents filed in bankruptcy court. million the retailer owes its trade creditors, according to another document. million cash on hand and loans totaling up to $85 million from existing lenders to help keep it afloat as it goes through the sales process.

Returns 256
article thumbnail

What are the Small Business Loan Requirements?

Small Biz Trends

Small business loans are a popular source of financing for small business owners, but securing one can be challenging. Understanding the requirements for a small business loan can help increase the chances of approval. This article explains how to get a small business loan and the different types of loan requirements.

Finance 98
article thumbnail

Asda owners add £1.5bn of liabilities to fund EG Group petrol station deal

Retail Gazette

According to The Financial Times , new documents accompanying a new bond sale show the deal was achieved by creating other forms of liabilities that do not count towards its £4.84bn debt load.