Financing Articles

Business » Financing | By Shaun Parker @ Monday, 24th December 2007 @ 8:26 PM

When you are applying for a business bank account there is certain information that you must have with you when you first meet your account manager. You must give a representation of the type of business you are running and the business activities you will be undertaking. Also it is required to give information on where the funds came from to start your business, whether it be from yourself or a group of investors. This allows the bank to assess where your business is in terms of developm... more...

Business » Financing | By Zach Thompson @ Monday, 17th December 2007 @ 7:30 AM

Financing your business is one of the most important things you will need to do. Many new businesses fail because of poor financial management. It is critical to your business that you have a sound budget plan and keep good accounting records. When you accept payments online, it is also important to keep at least 2 payment processor options open for your customers and clients. The first thing you will need to do for your business is to establish a sound financial budget. Open a special b... more...

Business » Financing | By john mce @ Sunday, 16th December 2007 @ 6:19 AM

As with all ills, prevention is better than cure as they say, and commercial fraud is no exception. Like most crimes though, commercial fraud is viewed as something that happens to someone else. Unfortunately, the reality is it is often far closer to home than most people realise and, while ignorance may be bliss, it is also a sure fire way to leave your company wide open to abuse. Fortunately, there are plenty of telltale signs to look out for that should help to trigger thos... more...

Business » Financing | By Shaun Parker @ Friday, 7th December 2007 @ 1:35 PM

I had been running my first business for almost a year; things seemed to be going well although my bank account looked decidedly unhealthy. I was chuffed that that my business had made a year without going down the pan. It had not been easy; I was working all hours of the day, waking up at four in the morning to do the paperwork, usually concerned with my business account and correspondence from the bank's business advisor. Considering you have to beg and plead for the loan that the... more...

Business » Financing | By john mce @ Thursday, 6th December 2007 @ 1:22 AM

The invoice finance and asset-based lending (ABL) market has become increasingly competitive and therefore increasingly commoditised. With fierce competition among providers, facilities are arguably being sold on price as opposed to structure or quality of service. This is inevitable in a market that is becoming ever more saturated with providers, which at first glance appear to be offering broadly similar products. A quality broker will be able to provide prospective clients with clear ... more...

Business » Financing | By john mce @ Tuesday, 4th December 2007 @ 7:33 PM

When that factoring or invoice discounting offer letter hits your doormat or your e-mail account, it may seem that the answer to your cash flow worries has finally arrived. However, in a very competitive market, with more than 90 (very different) providers of receivables finance, it is more important than ever to look beyond the headline figures on your offer letter. First, before examining the detail of the offer letter, a golden rule. If you have only one offer on the table, get anoth... more...

Business » Financing | By john mce @ Wednesday, 14th November 2007 @ 10:05 PM

With 27 countries in the European Union and one of the world's largest trading zones on our doorstep, there's little wonder that more and more companies are turning to export as a means of boosting their business. Exporting however, isn't a step to be taken lightly and kick-starting an export initiative can be costly. The good news is that with thorough planning and the right finance partner, the rewards can be impressive. A fundamental challenge facing exporters i... more...

Business » Financing | By john mce @ Wednesday, 14th November 2007 @ 9:57 PM

Raising capital can be difficult even for those with a decent track record. This is no great surprise because many entrepreneurs are badly prepared when they go before potential backers. They simply haven't worked out their story. An outside investor will want to see and understand the facts and figures on costs, the market place and competition before he or she considers getting involved. Poor preparation isn't confined to one-man-band businesses. The one essential tool for f... more...

Business » Financing | By Sean Patrick @ Friday, 2nd November 2007 @ 6:32 PM

The internet is a great place to find the right lender for obtaining a loan. One can apply online by filling out a simple application and submitting it with just a few clicks of the mouse. Online loans, also known as e-loans, are just one more way to make your search for money to finance your purchase easy and convenient. Online loans offer the following advantages: 1)The greatest advantage of online loans is that you can apply for it from almost anywhere as long as you have a comp... more...

Business » Financing | By Obinna Heche @ Sunday, 28th October 2007 @ 7:42 PM

It is very common for entrepreneurs to have problems finding capital for their start up business. If you are one of those entrepreneurs who can not seem to find money to get your business going, do not lose hope. There is always a way to find some money to serve as start up capital for your business. Going To The Bank The best source for capital for your business is the bank. Explore the possibilities of getting a loan from one of the commercial banks near you. Although commercial ... more...

Business » Financing | By Sean Patrick @ Thursday, 11th October 2007 @ 7:36 AM

Everyone has heard about refinancing their mortgage, as it is very common amongst people these days. What you may not heard, but you may not have thought about refinancing your car loan when interest rates drop. Refinancing an auto loan can be a good idea for several reasons, and it is easier than refinancing a mortgage. Refinancing could save thousands of dollars over the life of the loan, even if you received a decent rate. Anyone who didn't get a car loan below 3% APR should co... more...

Business » Financing | By Leslie Hardy @ Tuesday, 9th October 2007 @ 9:18 PM

The handling of the liquidity crisis at Northern Rock by the UK authorities has become a major embarrassment for the government and Gordon Brown in particular. The new Prime Minister has always stressed his achievements as Chancellor of the Exchequer during the period 1997 to 2007, while he was waiting in the wings for Tony Blair to retire. Yet within several days, his reputation for prudent economic management has been undermined. The problems at Northern Rock, and other financial instit... more...

Business » Financing | By Christine Harrell @ Tuesday, 9th October 2007 @ 8:13 PM

Equipment costs are a huge business expense, whether you are purchasing the equipment to start your business or upgrading your machines to the latest technology. With so many businesses running on thin profit margins, equipment financing decisions can make or break a company. Seasoned business owners know that leasing equipment is a much more profitable choice than purchase for many reasons. Financial advantages of equipment leasing: Financing new equipment usually means ta... more...

Business » Financing | By Amy Nutt @ Monday, 8th October 2007 @ 2:16 PM

For a variety of reasons, from conservation to price, it's more important than ever to think about your car's fuel consumption. With the current concerns about fuel shortages and rising prices, you probably think more about the amount and expense of fuel you put into your vehicle than you used to. Because of this, many gas or petrol stations have made efforts to introduce quality fuel or gas card programs. Consumers are more aware that ever of gas prices, and every little bit of mone... more...

Business » Financing | By Obinna Heche @ Monday, 8th October 2007 @ 2:13 PM

Many small businesses will visit banks hoping to receive a loan to get their business off the ground and of those only a few will walk out with a check. Most financial institutions are over cautious when it comes to lending money to new businesses due to the historically high failure rate of new businesses. Its no real secret that in order to get a business loan from most banks, you have to be able to show that you really do not need their loan. While bank may be interested in financing b... more...

Business » Financing | By Bob Carper @ Monday, 3rd September 2007 @ 4:29 AM

Balloon loans are loans that are set up for one term, but are calculated over another term. For example, you as the borrower might take out a five-year balloon loan. However, it is calculated over 15 years. This means the monthly payments are going to be very low. At the end of the five-year term, however, the borrower has to pay off the final balance in one large "balloon" payment. If you are looking for a loan that allows you to borrow a large amount of money over a short am... more...

Business » Financing | By Devlin Gilliland @ Tuesday, 28th August 2007 @ 2:56 PM

And according to financial gurus, there are at least a billion credit cards in active circulation throughout the United States alone. Credit has been an economic cornerstone for some time now. Surveys show that the average American household is estimated to have at least twelve credit cards, including charge cards. While you may tend to think that one credit card is pretty much the same as the next, there are in actual fact distinct characteristics for each different credit card type. It... more...

Business » Financing | By Devlin Gilliland @ Tuesday, 28th August 2007 @ 2:55 PM

If you are looking for a great card from a trusted credit card company, and you have good credit, Chase Platinum Card may be the card for you. Chase has bee a leader in credit card services for many years and that is because of the services they provide to their customers. By owning a Chase Platinum Card, the cardholder has the protection of zero liability for unauthorized purchases made to their account. This is valuable if the card is ever lost or stolen. Along with zero liability, Cha... more...

Business » Financing | By Devlin Gilliland @ Tuesday, 28th August 2007 @ 2:54 PM

Most people want more from their credit card then just a good percentage rate, and at the same time do not like the hassles that come from specialty cards. They just want a good card that also offers valuable benefits to them as customers. Using the Chase Platinum Card is a great card for people looking for those things in their credit card. It does not have all the extras of a specialty card, but what it does offer is good rates and more importantly great benefits. These benefits give the card... more...

Business » Financing | By Wolfgang Jaegel @ Thursday, 23rd August 2007 @ 5:44 PM

The prime object of setting up of an offshore company is to get maximum benefit from the economic opportunity of the company in which you are going to start your business. An offshore company, alternatively known as non resident company, offshore shelf company, or international company, is a company that does not carry out its business operations in its own country but in another country. There are many reasons why people prefer to set up their businesses overseas, tax benefits and privac... more...