SECTIONS Search E-edition Customer Service Advertise Newsletters News News Local Crime Databases Education Election Politics Nation/World Special Reports North Carolina South Carolina Corrections Columnists Retro Charlotte Your Schools All Blogs & Columns Sports Sports Carolina Panthers Charlotte Hornets That's Racin' High Schools College Sports Charlotte Knights/MLB Other Sports Blogs & Columnists Inside the Panthers Inside the NBA Prep Insiders Scott Fowler Tom Sorensen All Blogs & Columns Politics Politics Elections The North Carolina Influencer Series RNC 2020 Business Business Banking Stocks Center Top Workplaces National Business What's in Store Development All Blogs & Columns Living Living Religion Food & Drink Health & Family Home & … [Read more...] about Fact check: A video mocks public financing of elections. The truth is more complicated.
Business financing options
Laura Benitez Bloomberg Published 10:53 PM EST Feb 8, 2019 Jaguar Land Rover, reeling from a $4 billion writedown, a slump in China sales and uncertainty around Brexit, said conditions aren’t right for it to borrow from the bond market and that it’s seeking alternative funding. The luxury automaker needs to raise $1 billion within 14 months to replace maturing bonds, while feeding an investment program for electric cars that’s burning through cash. To support its needs, JLR could increase a receivables facility or turn to other bank financing, with further options including leasing assets and tapping export credit, Treasurer Ben Birgbauer said in an interview. JLR’s owner Tata Motors Ltd. shocked investors Thursday when it revealed the extent of the problems its U.K. arm is having in China. Sales of Jaguar sports cars and Land Rover SUVs dropped 35 percent in the world’s biggest auto market in the nine months to Dec. 31, sending the unit to a 273 … [Read more...] about Jaguar owner to consider financing options
A UK Government-owned bank has invested £10.5 million in a fund aimed at growing Northern Ireland small businesses.The British Business Bank has announced the major commitment to the new £30m Growth Finance Fund, which will support loans from £500,000 up to £2m to growing businesses in the north over the next four years.As well as the investment from the British Business Bank, further capital is being provided by Invest Northern Ireland (£7.5m) and private investor, Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC) (£12m).The new fund is a successor to the Growth Loan Fund, set up in 2012, which committed £55m to more than 100 businesses and will be managed by Belfast-based WhiteRock Capital Partners.Companies seeking funding – the majority of which are expected to be operating in the manufacturing, engineering or tradable services sectors – must be based in Northern Ireland and be demonstrating existing … [Read more...] about British Business Bank announces £10.5m investment in Northern Ireland Growth Finance Fund
A management buyout might be the right exit strategy for your business - and a way to reward hard-working staff. Picture: Getty Images/iStockphoto Archant One of the key questions on business owners’ minds is: “What does the end-game look like for me?” There are several options, of course, which can include selling it or passing it to the next generation of the family.Another option is to give the opportunity to those who have helped them build it – and it is this that I want to cover.Management buyouts (MBOs) allow the management team of a company to acquire the business that they work in from the existing owner, usually with external financing support. The management team then employs its own expertise to grow the business, improve its operations and generate a return on its investment. Here are four stages to consider before embarking on that journey.Identify talent within the businessIn any management buyout, the quality of the management team is often the … [Read more...] about Matthew Peek of Barclays: Is a management buyout right for your business?
Conference seeks ways to boost Vietnam - Barcelona business connection A trade conference connecting firms of Vietnam and Spain’s Barcelona region was held in Hanoi on November 12. The event, jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and the Port of Barcelona, created a chance for businesses of the two sides to meet and seek cooperation. According to the VCCI, investors from Spain have paid increasing attention to Vietnam with their strengths in renewable energy, infrastructure, tourism, high technology, construction and architecture. Vietnam is Spain’s leading trade partner among the ASEAN countries. In the past 10 years, two-way trade increased 15 percent a year, hitting over 3 billion USD in 2017. The two sides aim to lift the figure to 5 billion USD by 2020. VCCI Vice Chairman Hoang Quang Phong said the countries’ achievements over the years are remarkable but still modest. Hence, Vietnam welcomes businesses from Barcelona to explore its … [Read more...] about BUSINESS NEWS IN BRIEF 14/11