With the ever growing number of players in the business field, disputes are bound to emerge. Such differences emanate from relationships between an entity and other stakeholders in their field. Litigation is more often than not used as a solution platform for disgruntled parties. Engaging a commercial lawyer could be helpful in minimizing disturbances in your business operations, while pursuing a favorable outcome. A Commercial litigation lawyer addresses the following areas of dispute within the normal operations of a company.
Commercial institutions and governments may sometimes take too long to pay for services you offered them. Invoices may have a repayment period of between 30-90 days, meaning that a business may run low on cash that it requires to run efficiently. Companies may require funds to keep up with payroll, maintain a steady growth, cover their debts, maintain production, or make upgrades in the company. Accounts receivable financing is, therefore, an alternative financing method that provides short-term working capital through the sale of the businesses invoices to a third party financing company (factor) for a discount.
Credit counselling services are useful in that they can help a Canadian resident to get back on his or her feet. Debt counselling services is another name that people may refer to when they talk about the same suite of services. This suite of services provides the client with education on how he or she can handle debt. It contains tips on credit reports, scores, information on how to negotiate with creditors, and some steps that the debtor can take to ensure that he or she does not fall into a destitute position again. The following are four times when you may need credit counselling: