Monthly Archives: September 2016

Reinventing Your Business Funding With Asset Based Lending Companies

Asset based lending companies have come a long way baby! Seriously though, business funding has dramatically changed in Canada – it was always a challenge – 2008 Global implosion happened, and guess what, business financing is more challenging than ever. Every Canadian business owner and financial manager for companies of all size and industry knows that.

We’re all heard that when the going gets tough the tough get … well you know what we mean. So business financing via asset based lending was slowly becoming more popular in Canada (It’s huge in the United States) and has become, can we say ‘ ultra popular’ in our current time.

Asset based lending as new as it is in Canada certainly can’t really be called ‘ innovative ‘- it simply focuses on, guess what ‘ assets ‘! It is essentially a great financing solution for companies that are normal, distressed, leveraged, experiencing high growth, etc.

The problem we have with the term asset based lending or asset based finance is simply that it is a bit of a catch all when it comes to being used or explained to business owners. We define this type of business funding as revolving lines of credit based on asset quality, receivable discounting, inventory and trade financing, which sometimes can actually include purchase orders or contracts.

The reality is that this type of financing can be customized to every industry for companies of all size, although typically we tell clients that the facility works best on transactions of 250k+.

Asset based lending companies can help you manage and grow your business, with the focus on ‘ grow’,

The biggest mis understanding around asset based lending is that typically it is not done via a bank; it is managed through private independent finance firms that are very experienced in asset valuation and funding. Their experience allows them to take a look at your financeable assets and maximize what is known as an ongoing ‘ borrowing base’ for those assets. Typically we are talking about receivables, inventory, equipment, and as we noted, in some cases purchase orders and contracts.

The benefits of working with asset based lending companies are that it is a fast, innovative method of financing your company that is not focused around the requirements that a Canadian chartered bank would typically impose. We can honestly tell clients we have never seen an asset based line of credit not deliver on significantly more financing that the customer would have ever achieved with a bank revolver.

So what’s the bottom line – simply that by investigating this method of business funding you potentially have the ability to enhance your overall business financing for growth and success. Speak to a trusted, credible and experienced business financing advisor who can put you on track to better business financing! That’s a good thing.

Stan Prokop is founder 7 Park Avenue Financial ; Originating financing for Canadian companies,specializing: working capital, cash flow, and asset based financing , the 6 year old firm has completed in excess of 45 Million $ of financing for companies . For info / free consultation on Canadian business financing / contact details see:
http://www.7parkavenuefinancial.com/asset_based_lending_companies_business_funding.html

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Finding The Perfect Home (Platinum Mortgage Company Home Buyer’s GuideTM Book 6)

Finding The Perfect Home (Platinum Mortgage Company Home Buyer’s GuideTM Book 6)

Finding The Perfect Home (Platinum Mortgage Company Home Buyer's GuideTM Book 6)

Introduction

For many years, Platinum Mortgage Company has been in business to help people obtain the American Dream of owning their own home. In addition, we pride ourselves in our ability to help our clients make sound financial decisions regarding their mortgage and investment needs. Buying a home is one of the largest investments we make in our lifetime, which will one day become a future asset. Most people don’t know where to begin, as the process can seem daunting for peo

Price:

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Start up Business Loans ? Granted for a Long Term

In order to establish an enterprise of his own, the borrower approaches the bank or other pecuniary organization for money. The fiscal aid granted for such a need falls under the category of startup business loans.

The businessman who approaches the lender for monetary assistance must have a good standing in the pecuniary market. The business to be carried out by him must be one that is legal as per the law. He is granted an amount which ranges from £5000 – £500,000. He is granted a long repayment period. The lender offers a long term to repay the credit as business is faced with upswings and down swings. The maximum period of repayment is 25 years.

Start up business loans are approved for a long term period. They are accessible as both secured and unsecured advances. If the industrialist opts for a secured advance he is required to place considerable security against the finance secured. The interest rate charged is low as there is some collateral placed. If the borrower fails to repay the credit, the lender sells the security and recovers the money. The fiscal aid granted to him is greater as compared to other advances.

The borrower has to fulfill the following eligibility criteria for approval of this credit:

The borrower should be a citizen of U.K
The borrower should be above 18 years of age.
The borrower should be employed with a reputed company.
The borrower should have regular income.
The borrower must have an active bank account.

 

Unsecured financial advances are arranged without insertion any guarantee against the credit. These advances are settled on good faith. Thus, it has a comparatively higher rate of interest. The lender is at a risk as he grants the finance without any certification.

The application procedure is very simple and quick. You need to fill an application form giving all the necessary details. You must make sure that the information you submit is genuine. A single form is to be filled.

John Michel is a distinguished author who has lended his expertise to a vast range of products and services centered around Business and Commercial loans.For more information related to start up business loans, small business loans, unsecured business loans please visit http://www.businessstartuploans.org.uk

Bad Credit Loans ? Solve Your Fiscal Problems

If you are in need of cash, you need to arrange for funds to meet your various expenses. In such a case, bad credit loans can be useful for you. These advances carry with it an extremely high rate of interest. The people who have poor financial status can apply for this facility. They help you solve your fiscal problems.

These advances are only given to people who have poor financial status to solve their financial crises. These people can reestablish their financial status by utilizing this finance scheme. In bad credit loans, lenders willing give advances to such individuals to improve their financial status. They can help them resolve their fiscal difficulties without hassles. The rate of interest charged for these finances is high and default in repayment can result in payment of high fine.

This finance scheme can be utilized for various purposes like for repairing your car, improvement in your house, payment of pending bills and so on. These finances are secured and unsecured. In the secured you are required to place collateral and in the unsecured form, you do not have to place security. The amount offered to you ranges from £200 to £25,000 and the repayment time is 1 to 25 years. To apply for this advance you can even apply online.

There are online lenders providing this scheme. You just have to search through various websites. You have to fill in the online form with the relevant details required. If he or she qualifies for the monetary facility, and the lenders are ready to grant this finance, then the amount is transferred to your checking bank account.

The eligibility conditions should to be fulfilled. The conditions are that you should be a citizen of UK, you should be above 18 years of age, you should have a regular source of income and you should have a bank account.

Michael Oliver is working as financial consultant for Loans for People with Bad Credit and providing its valuable advice to its customers. To find bad credit loans, loans for people with bad credit, payday loans for people with bad credit, unsecured loans for people with bad credit, student loans for people with bad credit and instant loans for people with bad credit. Visit at http://www.loansforpeoplewithbadcredit.net/

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Unsecured Joint Loans – Collateral Free Funds For Business Needs

A businessman can fall short of funds, even if he is running an enterprise on his own or even if he is running it in association with an acquaintance or a friend. If you fall in the second bracket, then for trouble free money, you can avail unsecured joint loans. By choosing this alternative, the borrower can get hold of collateral free funds for business needs. You can apply even if you own an asset or even if you dont.

One would gather risk free money. You are not required to get any of your assets such as car, house, stock papers and so on. Although, the money lenders do not require any kind security but to lower the risk factor for him self, he charges rate of interest slightly higher. The borrower should consider his monetary state before applying.

With unsecured joint loans, the borrower can obtain money that falls between the range of 1000 to 25000 and has to be returned the suitable settlement time duration of 1 to 10 years. Your monetary condition and repayment capacity is the base of the deal that you would get. Do anything with the sanctioned amount. You can buy items such as PCs, tools, accessories, can handle the salary and the wages, can change the dcor of the office, can buy or rent a place for a new office and so on.

The borrower can fill a no obligation and free of cost online application with his genuine personal details that would be given on the website of the money lenders. As and when the process of verification is over, you would get an approval. Within the least possible span, the sum would get transferred into your bank account. Leaving the faxing hassle avail this finance even if you have committed credit mistakes in the past.

Mark Tomkins had been associated with Unsecured Loan For Bad Credit for quite a long time. He is an expert in financial matters and writing useful articles. To get unsecured joint loans, unsecured loans for bad credit, long term loans for people with bad credit and loans for people on benefits.

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