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BUSINESS FINANCE
TIM R SAMPLES LEGL 2700 Email: [email protected] Twi3er: @5mrsamples
#LEGL2700
DEBT VERSUS EQUITY STAGES OF BUSINESS FINANCE EQUITY FINANCE DEBT FINANCE: LOANS, BONDS, AND MORE APPLICATION & PRACTICE
OVERVIEW: GOALS OF THE DAY BUSINESS FINANCE
STAGES OF BUSINESS FINANCE RAISING CAPITAL
ANGEL INVESTORS
VENTURE CAPITAL
PRIVATE DEBT AND EQUITY MARKETS
IPOS AND CAPITAL MARKETS
THE NATURE OF EQUITY BUSINESS FINANCE
EQUITY BASICS
SHARES, STOCK, PARTNERSHIP AND MEMBERSHIP INTERESTS
LEGAL RIGHTS AND RISKS
BANKRUPTCY / INSOLVENCY
THE NATURE OF DEBT BUSINESS FINANCE
DEBT BASICS
LOANS, BONDS, DEBENTURES, NOTES, BILLS, ETC.
LEGAL RIGHTS AND RISKS
BANKRUPTCY / INSOLVENCY
DEBT VERSUS EQUITY Credit Markets Capital Markets
Retain Ownership Sell ownership
Interest Payments versus DiluNng Equity Cost of Capital
Security / Collateral / Guarantees Covenants versus DuNes / VoNng
Term Cash Flow
Tax Industry ConsideraNons
& Business ConsideraNons
DEBT FINANCING: LOANS AND BONDS BUSINESS FINANCE
PRIORITY AND BANKRUPTCY BUSINESS FINANCE
SECURED CREDITORS PRIORITY OF LIENS
UNSECURED CREDITORS SENIOR OR SUBORDINATED
SHAREHOLDERS/EQUITY PREFERRED OR COMMON