Brian Kahn Inc

Lenders of money are not all ‘money lenders’

Taxpayers’ actions need to back up what they claim to be. In many groups of companies, intra-group loans make sense as a way of funding the operations of the group.If the funds are sourced from outside the group by a borrower entity and then on-lent to other companies within the same group as the borrower, […]

Beware the catch all indebtedness

Man goes to bank to borrow R1 000 000.00. Bank agrees, but says it wants security. Okay says the man; what do you want? Bank says; mortgage bond over property. Man agrees. Bank says we will instruct our attorney to prepare the documents. Man says that’s cool. Man gets phone call from attorney to come […]