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Thirdly, off-balance sheet financing can be used to improve a company’s financial ratios, such as debt-to-equity ratio, by reducing the amount of debt on the balance sheet. However, this financial engineering does not come without its own set of complexities and risks. Special Purpose Vehicles (SPVs) are a pivotal element in the financial and legal...
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Electronic bank-to-bank transfers in the US go through ach return the ACH network. While the system is reliable, there are instances where a payment is returned and the merchant receives an ACH return code. In this post, we take a closer look at these codes, and offer a rundown of some of the most common...
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