Yerra Treasury
Yerra & Co.'s Global Treasury team is responsible for managing the company's financial assets and liabilities, including the management of cash and debt. We do this across borders and currencies.
The team is responsible for maintaining the following metrics:
Cash
Debt
Credit Card
We apply and use credit cards with 0% APY intro rates allowing us to delay our payments. We then pay off the credit card before the intro rate ends. This is a great way of managing cash flow and delaying payments.
We use the excess cash to invest in treasuries or CDs.
Lines of Credit
Loans
Promissory Notes
We issue promissory notes to friends and family. Promissory notes are a way for you to provide Yerra&Co. a loan that we repay through a fixed repayment term. The terms of the notes currently are as follows:
| Terms | Description |
|---|---|
| $5000 max investment | At any time I only accept up to $5000 from a single person. |
| 8% APY | Current APY. |
| 1 year term | The terms of the loan are for 1 year. |
| Monthly repayments | Every month a portion of the principal and interest are paid. |