by Joe Driscoll | Nov 22, 2009 | Finance
Back not too many years ago it was referred to as “bootstrap financing” or simply getting a loan to buy a business. Now referred to by the acronym LBO, the leveraged buyout has become one of the most exciting and popular investment vehicles of the decade....
by Joe Driscoll | Nov 22, 2009 | Finance
Small and growing businesses are invariably undercapitalized and will need to borrow funds at sometime. Debt financing creates financial leverage for the business owner that can be rewarding as the business prospers. Financial leverage is the borrowing of funds and...