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Divestiture Definition: What Is Divestiture in Business?

Fundera

Growing a small business is rarely a straight path toward success. There are plenty of unavoidable twists, turns, and backtracking that takes place—and in most cases, these events end up being for the best even if they don’t feel like they’re beneficial in the moment. Selling a Business. Bankruptcy.

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5 Signs You Need to File for Bankruptcy

Fundera

If you suspect that your business might need to file for bankruptcy, read on to consider whether your situation fits all of the below criteria. Many banks and alternative lenders require personal guarantees in order to finance newer small businesses—particularly those who aren’t able to put up solid collateral for their financing.