SAO PAULO—Mexican unicorn Clara has secured $90 million in fresh debt funding led by U.S. debt provider Accial Capital, the company said on Monday, as it looks to boost its expansion in Latin America. The funds will help Clara, which offers corporate credit cards and expense management solutions, increase its footprint in Brazil, where it…
Mexican Unicorn Clara Bags $90 Million in Debt Financing Amid Expansion
How Elon Musk Managed to Convince Banks for Financing Proposed Twitter Deal?
Elon Musk disclosed in a filing on April 21 that he has received commitments for $46.5 million in debt financing to buy Twitter, Inc.. The announcement came a week after he launched his hostile takeover bid, and the social media platform reacted with the adoption of a poison pill. In a week’s time, how did…
Elon Musk Faces Legal Challenge Over Claim That His Tesla Financing Tweet Was True
Tesla Inc. CEO Elon Musk may soon be heading for a courtroom battle with company shareholders who claim that they have lost billions of dollars because of Musk’s 2018 tweet on taking Tesla private. A ruling in favor of the shareholders would allow them to focus at trial solely on connecting Musk’s allegedly false statement…
There Are Other Ways
Dear Dave, I really don’t have any established credit, because I’ve never taken out a loan or had a credit card. What will happen when I’m ready to get a mortgage loan and buy a home? Jillian Dear Jillian, There are basically two ways to be in a position to get a home loan. One…
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