🪙 Solvency certificate
A solvency certificate is a document that is required by law in order to prove that a company is able to pay its debts. The certificate is issued by a company's accountant and must be renewed every year.
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Solvency Certificate (Borrower to Lender)
Publisher
¶¶Òõ¶ÌÊÓƵJurisdiction
England and WalesAssociated business activities
Provide solvency certificate
A solvency certificate is a document that proves a company is unable to pay its debts. It may be used to convince creditors to accept a lower amount than what is owed, or to persuade them to refrain from taking legal action against the company.
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