Australian Mercantile Collections

Footy league under fire as Gather Round kicks off

The Hills Football League allegedly owes nearly $70,000 to a local council which has called in debt collectors just days before Gather Round is due to start. AFL: Gerard and Robbo chat to Adelaide Crows coach Matthew Nicks regarding the team’s poor start to the season. At a meeting late last month, the Mount Barker […]

Essential Utilities (NYSE:WTRG) Use Of Debt Could Be Considered Risky

David Iben put it well when he said, ‘Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.’ It’s only natural to consider a company’s balance sheet when you examine how risky it is, since debt is often involved when a business collapses. We can see […]

Government agencies given guidance on how to collect debt with decency

Having to inform someone that they owe the government money can’t be an easy task for a public servant. Photo: File. Telling someone they owe the government money can be a difficult part of certain jobs in the public sector. While some public servants might relish the opportunity to wield a bit of power over […]

Quest Resource Holding Corporation Extends Debt Maturities Enhancing Financial Flexibility

Garnered Support from Existing Lenders Reflects Board’s Ongoing Commitment to Position Quest For Long-Term Success THE COLONY, Texas, April 01, 2024–(BUSINESS WIRE)–Quest Resource Holding Corporation (NASDAQ: QRHC) (“Quest” or the “Company”), a national leader in environmental waste and recycling services, today announced that it has extended the maturity dates for its existing credit facilities held […]

Debt Collection Agencies to work under stricter rules from April 1

Debt collection agencies need to stick to much more stringent rules from April that are meant to ensure that there are fewer debt issues, according to the Inspection of Justice and Safety. For example, a new law will ban debt collection agencies from putting people under pressure. The agencies are also required to register in […]

Best easy business loans of 2024

Key takeaways Some business loans are easier to apply and get approved for than others, and we rounded up seven of those options here Online lenders generally trump big banks when it comes to easy approval business loans These easy business loans aren’t business owners’ only financing option — and they might cost more The […]

Here’s Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, ‘The possibility of permanent loss is the risk I worry about… and every practical investor I know worries about.’ So it seems the smart money knows that debt – which is usually involved in bankruptcies – is a very […]

We Think SiteMinder (ASX:SDR) Can Easily Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and […]