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Financial Empowerment

Covenants


Covenants are certain provisions within a legal document or financing agreement that detail what a company agrees to do or not do. Within lending documents, companies may agree to maintain a minimum net worth or not incur additional debt without approval of the lender. Within equity finance agreements, companies may agree to produce and distribute financial statements on a monthly basis to investors, present certain decisions to a board of directors for approval or agree to spend the company’s money for approved purposes.

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SBIR Government Grants Reg. D and Accredited Investor Criteria
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