Exercise 1
Customers not paying on time often leads to cashflow problems
Our state-of-the art machinery is our major asset
The interest rate on the loan was 12%
They could noy pay their debts and faced bankruptcy
Sorbat has gone into administration with debts of about 20 million dollar
The finance a company raised from issuing shares rather than taking our loans is known as equity capital.
The principal is the original amount of a loan not including any interest charged
A mortgage is a particular type of loan for the purchase of property
If a company defaults on loan, it means they miss an instalment
Money lent to start-up businesses is known as risk or venture capital
Exercise 2
Develop loyalty and trust
Maximise potential
Break down barriers
Stimulate communication
Inspire creativity
Build relationships
Reduce staff turnover
Exercise 3
Probable High likely
Possible Maybe, Perhaps
Unlikely Doubt whether
Impossible There is no chance of
Exercise 4
Efficient Effective
Pre-empt Take over in person of another
Liability Responsible for something
Embark Start up a business
Empathise Understand
Repairs Fixing
Dispute Discussion, argument