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Construction Bad Debt What To Do About It

Contractor Bookkeeping

Some cab drivers in New York City have said 2% of their passengers will attempt not to pay for the ride. You can offer financing by getting a merchant account setup at a bank and/or credit union that will offer to loan your construction client''s money for small projects. Answer #2 - The Two Percent Rule.

Debt 49
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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

Buisness Facilities Contributed Content

The Christie Administration will dedicate more than half of this funding for low-to-moderate-income households, in accordance with HUD guidelines. billion allocated to New York. The programs will be offered outside New York City (NYC will administer similar programs to meet the same needs its own CDBG-DR allocation of $1.7

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New York Incentives and Workforce Development Guide

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Community Development Financial Institutions (CDFI): Provides micro-loans to businesses who often do not qualify for bank loans, as well as one-on-one counseling and business development assistance to facilitate credit-readiness. Typical financing structure: 50% Bank Loan. 40% JDA Loan. 10% Borrower Equity. national average.