The issue with the state loan, he said, is that even if it were obtained at this point, it would not solve a pressing cash flow problem
that has developed because the town has been unable to send out tax bills.
He just had a cash flow problem
where he couldn't, and still can't, sell his house in London," he said.
He warned that there would be great pressure on property prices if the cash flow problem
persisted in the new year and banks asked for high percentages.
However, if you think they will understand that it is merely a short-term cash flow problem
rather than massive debt, then they might be able to offer help.
As a team we wanted to put together something that addressed the seriousness of the cash flow problem
our clients were experiencing while maintaining herd health on the farm and in the feedlot," Castator explains.
Depending on how an accountant describes a cash flow problem
, it may be the first fracture in the business owner/accountant relationship.
Recent buyers of Hong Kong real estate are now suffering a cash flow problem
- ponying up interest payments much higher than their rental income.
Taxes that must be paid annually in interest that remains unpaid until a bond matures or is sold can produce a significant cash flow problem
for many individual investors.
Law Society chief executive Desmond Hudson has written to the major clearing banks warning them of the sudden cash flow problem
caused by the LSC payment delays, which has been caused by staff cuts at the LSC as well as closer a scrutiny of bills.
The Reveton Roadster is neither for shy, retiring types nor for those with a cash flow problem
but then again, it is a Lamborghini.
Sometimes, especially when a business is in financial difficulty or has a severe cash flow problem
, these withheld taxes collected by the employer do not get deposited and are used for some other purpose.
Wegad argued that Howard's damages arose from its failure to act on information it had as early as 1983 that theft was possibly the source of its cash flow problem
Mr Purcell said: "The cash flow problem
was caused by delayed sales invoices, the cost of representation at the Lindsay Tribunal and delayed reimbursement by the Department of Health and Children of expenditure on capital projects.