In business accounting, notes receivable are promissory notes that represent an asset. These promissory notes are either short-term or long-term and should be recorded on the balance sheet differently ...

Even if your business doesn't center around banking, it may involve a loan occasionally. Suppose you're a metal company, and a customer wants to buy tungsten now and pay later. You sell $5,000 worth ...

Adam Barone is an award-winning journalist and the proprietor of ContentOven.com. He has 5+ years of experience as a content strategist/editor. Suzanne is a content marketer, writer, and fact-checker.

For early-stage companies in particular, these contracts can prove key to raising new capital. You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to ...

Cash might be considered king, but it isn’t realistic to pay cash for every purchase in your life, such as buying a home or paying for a large renovation project. When buying a house, you may want to ...