Tag Archives: Debt

Mezzanine Debt Explained

When looking for ways to fund the goings on of an ASC or urgent care center, an owner operator must adopt a businessman’s mindset. In other words, he or she must look at the center as a small or large business.

Dallas, Texas, August 11, 2014 – When looking for ways to fund the goings on of an ASC or urgent care center, an owner operator must adopt a businessman’s mindset. In other words, he or she must look at the center as a small or large business.

Whether an owner is looking to buy out a partner or expand the center in some way, extra capital can be a hard thing to come by, especially if the amount is substantial.

Seeking out a loan from a bank in the form of asset backed financing is own common option. However, in an article published by The Ambulatory M&A Advisor, a type of financing called “mezzanine” financing is explained.

According to Rodger Davis, Partner at Northcreek Mezzanine in Cincinnati, mezzanine debt financing is, “subordinated to a senior lender. It has a second priority lean on the assets of the business. Hence the word ‘mezzanine,’ because it sits between senior debt and equity.”

The article, which can be read in full here, goes into further detail about differences in equity and collateral between mezzanine and asset backed bank financing. Robert Stewart, General Partner at Spring Capital Partners, L.P., also offers insights and comments in the article.

The Ambulatory M&A Advisor is an online publication that covers the most up-to-date trends and topics surrounding ambulatory care center deal making, including information on investment banking in the ambulatory care realm.

To read this article and others like it, visit the publication at www.ambulatoryadvisor.com.

Contact:
Blayne Rush, MHP, MBA
Ambulatory Alliances, LLC
18181 Midway Rd Ste 200
Dallas, Texas 75287
469-385-7792
publisher@AmbulatoryAdvisor.com
http://www.ambulatoryadvisor.com

Pensioners Suffering As The Money Runs Out, Says Debt Solutions Company Trust Deed Scotland

A new report reveals that pensioners across the UK are being left penniless as their money disappears every week in a whirlwind of bills, says Debt Solutions Company, Trust Deed Scotland.

An income of £207.15 per week is typical for most pensioned couples, but a report by Standard Life shows it goes straight back out the door as £207.24 is spent on food, fuel, housing and transport.

The report highlights rising inflation as the reason why the average pensioner has difficulties making ends and are being hit hard – many are having issues even affording a new pair of shoes, a holiday or a present for a grandchild.

While the Consumer Price Index remained the same in September at 4.5%, the Retail Price Index was hovering at 5.2% and threatening to rise again. Pensioner have a fixed income that doesn’t change from month to month, and that combined with inflation and large energy rises from utilities companies means turn some have turned towards credit cards to make ends meet.

A spokesperson for Scottish Debt Solutions Company, Trust Deed Scotland, said:
“According to Age UK, British pensioners are the fourth poorest in Europe, with the worst off set to lose up to 22% of their household income because of cuts to local authority services and changes to the tax and benefits system. This report highlights the dire position our parents and grandparents are in. At a time when they should be relaxing after a lifetime of working, they are pinching pennies and worrying about what the future will hold for them.”

The day before Standard Life published its report, the Institute of Fiscal Studies issued a warning about how ‘real’ inflation was hitting pensioners much harder than younger age groups.

“The Insolvency Service reported the fastest rising group of people claiming insolvency is pensioners,” said the spokesperson. “They are six times more likely to go bankrupt or take out a debt solution such as a Scottish Trust Deed or Debt Arrangement Schemethan they were just a decade ago. The number of people entering retirement with unpaid debts has increased, and when combined with increased life expectancy, the recession and limited options to increase income when you retire, it adds up to a lot of older people in real trouble”.

According to the Consumer Credit Counseling Service the average unsecured debt of newly retired pensioners is £21,370 and few have any savings at all. Once all the bills have been covered, there’s just £85 left at the end of the month.

“There are numerous reasons why pensioners are entering retirement in debt,” said the spokesperson. “Previous good house values led to many people remortgaging for home improvements or to loan to children or grand children for house deposits. There’s also the issue of divorce, where one partner will often buy the other out of their share of the property by extending their mortgage. And then some people are marrying and having families much later in life or having second families in their fifties.”

“For many life as a retiree in today’s world is just as expensive as it was when they were working, but now they have less income to live on.”

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Control Your Finances and Get out of Debt with Debts4us

November 25, 2010 – If you are struggling to control your finances in this difficult economic climate and needing help to get life back on track, speak to the professionals at debts4us.

debts4us aim to help not hinder people in debt; with consultants’ nationwide offering services to anyone in the UK.

Based in Longridge, Lancashire, the specialist team of debt counsellors understand the stress of being in debt and will listen to what you have to say, helping you manage your moneys with a structured recovery action plan tailored to your individual circumstances.

They are all experts in the field of helping people get out of trouble and can potentially help save you thousands of pounds.

Specialising in commercial funding, loans and re-mortgages, debt solutions, repossession advice and bankruptcy advice; they work with your creditors looking to freeze interest on your loans as well as reducing further charges.

They can help clear your debts in no time if you and your personal circumstances qualify for the bespoke bankruptcy programmes, to ensure that people in debt come out of it fast.

Licensed under the Consumer Credit Act 1974 as debt counsellors and debt adjusters; rest assure they comply with strict confidentiality.

Speak to one of the dedicated members of staff today, who can arrange a free consultation that can be done in the comfort of your own home.

Debts4us will evaluate your needs and explain all the options available to you and the courses of action you can take. All the advice is impartial and works in the benefits of you and your personal debt.

So control your finances and become debt free with Debts4us – dedicated to helping people in debt.

Visit online at www.debts4us.co.uk or Freephone 24 hours a day 0800 231 6040, or apply online now.

Alternatively, email info@debts4us.co.uk.