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Subbies left unpaid by developer Empire Property Concepts

Construction Enquirer

An update from administrator Opus Restructuring Llp has revealed the scale of debts left by the failure of the firm in April. Empire Property Concepts Ltd changed its name to MCIOD Limited days before Metro Bank called in the administrators.

Banking 100
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Elements Europe wins Digbeth 550 rental flats

Construction Enquirer

Offsite modular specialist Elements Europe has been confirmed as the main delivery partner a central Birmingham 550-flats build-to-rent scheme. Acting as both the main contractor and offsite manufacturer, Elements Europe will deliver a full turnkey package for the Digbeth scheme known as Smith’s Garden.

Debt 64
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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. Main Image.

Leases 178
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Do Pawn Shops Take Steel-Toe Boots?

Work Gearz

Normally people who require some immediate money but cannot go to a bank or other financial institutions to apply for a loan, opt for taking a loan from a pawnbroker. Debt cycle. This will put you in a vicious debt cycle. The pawnbroker will review the item first before deciding on a loan amount. Not much value.

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As Economy Heats Up Your Bookkeeper May Leave For Bigger Better Deal

Contractor Bookkeeping

The main characters are Fred and his lovely supportive wife Wilma. External Accounting - The part that provides information to process Payroll and fill out Monthly and Quarterly Tax forms and the Annual Tax Return and to fill out Bank Loan Applications. After A Few Months - The bank started bouncing Fred''s checks.

Deals 48
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Pity the fool - The Business Facilities Blog - Economic Development.

Business Facilities

The flaw, he explained, was that the banking giants had failed to regulate themselves, causing the intellectual edifice of the modern risk-management paradigm to collapse. So Alan Greenspan is shocked, shocked, that unregulated banks might get so greedy that they would act irresponsibly. << Back to the BF Blog main page.

Debt 40
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What Is Building Valuation | Purposes of Building Valuation | Building Valuation Methods

CivilJungle

Before giving a loan the banks usually take a mortgage. In case the person is unable to pay the debt, the property is seized by the bank, and the loan amount is recovered. Depth of the plot means the distance from the main road. The main purpose of valuation of the building is to know the selling price of the structure.

Income 52