7Gen claimed that this is the largest private EV debt financing in Canadian history. Montréal-based Seven Generation Capital (7Gen) has secured $48 million CAD in senior secured debt from Zenobē to scale its commercial electric vehicle (EV) platform across Canada. Founded in 2020, 7Gen helps businesses electrify their vehicle fleets, providing an EV-as-a-service platform…
OCONOMOWOC — Grasons, an estate sale and business liquidation service provider, has added a location serving Greater Waukesha County. The Lake Country franchise is owned and operated by Greg and Shelly Glaeser, a husband- and-wife team with experience in retail, business and marketing, according to a news release. “We are excited to bring Grasons’ trusted…
“It is unlikely to receive a viable going concern bid based on the proposed Six Store Model,” Adam Zalev, cofounder of Reflect Advisors LLC, HBC’s financial adviser, said in the document. “The exclusion of the six stores from the liquidation sale is negatively impacting (HBC’s) realization efforts.” Read the original article here
There are some important questions to ask yourself if you’re thinking about taking the bankruptcy route this May. Getty Images There’s no question that 2025 has been a tough year for many Americans financially. Between stubborn inflation, elevated interest rates and persistent debt burdens, a growing number of people are finding themselves at a financial…
The INDYCAR and NASCAR team Team Penske has announced a new partnership with Verizon and the Indianapolis Colts to support veteran debt relief in Indiana. The initiative includes a $4 million collaboration with Team Penske during the Month of May, including $1 million dollars in veteran debt relief already committed for 2025, plus an additional…
Andrea Pirlo had to block his son’s ban account in 2022, as the then teenager amassed gambling debts of €30k in illegal online scheme. Article continues below Article continues below Article continues below Ex-Italy international took decisive action Son forced to learn the hard way Avoid repetition of the same words & topics Read the…
Student loans can be a major source of financial strain, and when employees are anxious about money, their minds are somewhere other than work. How can benefit managers turn this into an opportunity to attract, retain and offer relief to talent? Maggie Ruvoldt, CHRO at LEARN Behavioral, an autism support organization, and Will Sealy, founder…
Your debt situation could be improved by exploring some relief options this May. Getty Images April was a rocky month for the economy, with stock market volatility hurting the savings of millions of Americans. If you’re one of those who saw their investments and savings decline in the month, and are already trying to cope…
Credit card debt forgiveness can provide the lifeline that cardholders need in today’s unique economic climate. Getty Images With the average credit card debt worth thousands of dollars now, the average credit card interest rate over 20% currently and compound interest charges making it more difficult to pay off what you owe, many Americans are…
Why AfDB warns Zimbabwe’s new law stands in way of debt relief The EastAfrican Read the original article here