Practical reading

Field notes for equipment credit

Guides on financial audit, borrower capacity, machinery evidence and transaction structure in equipment finance applications.

Field note

Why EBITDA is not the instalment

Debt service is paid in cash, after working-capital demands, tax, drawings and existing facilities—not from a presentation subtotal.

Field note

A quotation is evidence of a proposed transaction, not proof of fair value, ownership, suitability or delivery.

Field note

A long condition list is not the same as mitigation. Each requirement should address a named risk and have verifiable evidence.