The Main Distinction in between Debt and Equity Financing

Debt management can be a tricky issue, especially if you're not sure what to do in order to eliminate your debt.

Debt Management Companies

If you're drowning in debt, chances are you've considered utilizing the services of a debt management company.

Your best bet is to create your own plan for paying off your debt and avoid debt management companies altogether.

Credit Cards

Avoid getting any new credit cards and take care of the debt on the ones you have.

Start by paying your highest interest credit card off as early as you can - while you pay the minimum payments on the other.

Saving Money

The Truth About Debt Management After Divorce

The counterpart to equity capital is debt. Debt can take on many forms. This can include business lines of credit, business loans, and other debt instruments that have a required repayment period with a set interest rate. The benefit to using debt versus equity is that while venture capital firms will take a significant portion of your business – companies such as banks and finance companies will not.