For Working Capital
Shaw Capital Management and Financing offers asset based lending for companies that need to maximize their borrowing capacity using accounts receivable and inventory as collateral. Receivable based financing combined with inventory finance has become a useful tool for many undercapitalized businesses. Shaw Capital Management and Financing evaluate a client’s business assets as its primary focus to establish the borrowing base. The result is usually far greater borrowing power than can be achieved from a traditional cash flow banking approach due to our expertise in industry specialization.
Shaw Capital Management and Financing offer higher advance rates due to our experience in receivable valuation. In the event where the client already has a bank line of credit, an Inter-creditor agreement is made between the bank and Shaw Capital Management and Financing where the receivables are assigned to Shaw Capital Management and Financing and therefore allows the client to borrow at higher advance rates.
The personal details of millions of people have been stolen by cyber criminals, revealed software giant Sony this week. So how at risk are you and what’s the best way to protect yourself?
Sony “strongly recommend” several actions: If you use your PlayStation password as your password for other unrelated services or accounts, change them. When the PlayStation Network is fully restored (it is still down), change this password too.
Sony is also warning customers to be aware of criminals pretending to be from their bank or other companies and asking for sensitive information, attempting to trick people into handing over even more personal information. “We encourage you to be especially aware of email, telephone and postal mail scams that ask for personal and sensitive information,” says Sony.
To guard against credit card fraud, the company urges people to “remain vigilant” and keep an eye on their statements.
How has this happened?
Good question. This is a massive security breach and you would expect a company the size of Sony to have tough systems in place to prevent an event such as this happening. The company is still working on the problem, saying: “We are currently investigating to determine the cause of this outage and are working to restore and maintain the services.”
Sony is also using the PSN’s downtime to strengthen its security systems and network infrastructure so that this doesn’t happen again.
Why does computer hacking happen?
There appears to have been a shift away from hackers doing it for the thrill or the fame and towards doing it for profit. In many cases criminals will commit identity theft then either use the information themselves or sell it to others. It is estimated that every year in the UK alone, such fraud costs more than £2.7billion and affects more than 1.8 million people.
Criminals steal personal information then pretend to be you. According to identitytheft.org.uk, once a hacker has your information, they could apply for a credit card in your name, open a bank or building society account in your name, apply for other financial services in your name and run up debts (eg, use your credit/debit card details to make purchases) or obtain a loan in your name.
Come and experience the thrill of indoor wall climbing. Bring your group to the Boiler Room for a unique and rewarding adventure. If you have eight or more people and you schedule with us at least 48 hours ahead of time, you qualify for our specialgroup rates. We’ll provide you with the basic instruction you need to have a safe and rewarding group experience. The Boiler Room is a great place for group experiences. Whether it’s a birthday party, a youth group, a school group, your work colleagues, or just a bunch of friends, you’re sure to have a good time. Teamwork, communication, trust, strategy, problem solving, challenge and most of all… FUN. Climbing is a highly interactive and social activity that helps people of all ages build confidence in themselves and others in their group. If the participants in your group are age 14 or older, they’re eligible to take our Basic Safety Training Lesson. We’ll teach them how to tie the safety knots, how to manage the safety ropes (called “belaying”), and basic climbing technique. If the participants in your group are younger than 14, we ask that you bring at least one adult (or person over the age of 14) for every 4 climbers in your group. We’ll teach the adults proper safety and belaying technique: how to tie the knots and manage the safety ropes. There is no charge for those who are belaying only and not climbing, however, the number of belayers cannot exceed the number of paying climbers. Booking Your Group All first time visitors to the gym (climbers and belayers) under the age of 18 must have a Consent Form signed by their parent or legal guardian. You can download a copy of our Consent Form by clicking here. To book your group, phone the gym at 549-0520. If you get the answering machine, leave us your name and number and we’ll get back to you within 24 hours.