Business Brainwaves with Renate Jute

Financial distress

May 21, 2021 Renate Jute Season 1 Episode 23
Business Brainwaves with Renate Jute
Financial distress
Show Notes

Financial distress is a term commonly used in corporate finance that describes any situation where an individual’s or company’s financial condition leaves them struggling to pay their bills, especially loan payments due to creditors. Severe, prolonged financial distress may eventually lead to bankruptcy.

In this episode I talk about financial distress for businesses and individuals.

For more information on how to deal with personal or business debt connect with me on https://linktr.ee/nobleprosperity,  or subscribe to our mailing list on https://www.nobleprosperity.co.za/blog/

Special thanks to Corporate Finance Institute for some of the content.