Tag Archives: Bank of America Corp.

Strong historical cash flows. A banker will first look at your income statement and bottom line, add back a few things that are fairly essential to the cash flow analysis, such as depreciation, which is a non-cash expense. They’ll use the business’ interest expense to come up with just a rudimentary cash flow number. “That’s important because bankers just want to have an idea of your capacity to repay their loan,” says Dillon. “So, the basic equation in a bankers mind is, ‘this is how much it’s going to cost for them to repay my loan.’”

In the News: BofA Settles Claims for $335 Million; Actor Graham Brown Dies and More

A few noteworthy headlines around the Web

See what’s going on in the world with today’s compilation of news around the Web

By Sade K. Muhammad

Posted: December 21, 2011 Tags: , , , , , , , , , ,
(Image: Thinkstock)

In the News: BofA to Begin $5 Monthly Fee; Hip-Hop Pioneer Sylvia Robinson Dies and More

A few noteworthy headlines around the Web

See what’s going on in the world with today’s compilation of news around the Web

By Janel Martinez

Posted: September 29, 2011 Tags: , , , , , , ,

Cutting Edge: Bank of America Ends Overdraft Fees

Customers may find relief in new policy nixing the extra charges

Bank of America customers say sayonara to overdraft fees.

By Renita Burns

Posted: March 11, 2010 Tags: , , , , , , , ,

Dow Changes on the Horizon

Index adds financial and energy companies

Beginning Feb. 19, 2008, The Dow Jones Industrial Average will open with two new component…

By Marcia Wade Talbert

Posted: February 15, 2008 Tags: , , , ,