The show takes a deep dive into SPVs, with Shaz explaining what the term means, our options when it comes to moving money and transferring wealth, and why companies opt to use this measure.

KEY TAKEAWAYS

• A special purpose vehicle, also called a special purpose entity (SPE), is a subsidiary created by a parent company to isolate financial risk.
• The legal status as a separate company makes its obligations secure even if the parent company goes bankrupt.
• The operations of the SPV are limited to the acquisition and financing of specific assets. The separate company structure serves as a method of isolating the risks of these activities.

BEST MOMENTS

'The first thing s bank manager would ask for is security'

'Whether we charge interest or not, it doesn't matter'

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ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

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