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Investment Banking

January 11, 2019

Credit Culture – make it dynamic!.....

By Phil Marsden

While Commen.....

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© Copyright 2019 Commenda, Inc.

Historical Note: Commenda is the original form of commercial partnerships. It was first used in the eleventh century by Italian merchants when Europe was experiencing increased spice trade from the orient. Western merchants engaged in remote shipping ventures and, as a result, became aware of the business practices and commercial legal codes of Byzantium and the Islamic states. While they were familiar with the commercial laws of Rome, as reflected in the Justinian Code, Western merchants borrowed the commenda, as reflected in Islamic law and combined it with the Roman societies to create the forms of commercial trade agreements that we enjoy today. For those early global merchants the Commenda was the FIRST and most enduring partnership for financing growing companies.

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6300 Powers Ferry Road - Suite 600-231 Atlanta, GA 30339

6300 Powers Ferry Road – Suite 600-231 – Atlanta, GA 30339 ~(800) 359-9121

All securities transactions conducted through an appropriately registered person associated with Commenda Securities, LLC,
a wholly-owned subsidiary of Commenda Capital, LLC – www.sipc.com | www.finra.org, Broker Check Link: http://brokercheck.finra.org.