Loans Articles

Business » Financing » Loans | By Court Tuttle @ Thursday, 11th October 2007 @ 5:47 PM

Many people find it very difficult to start a new business or company. This is true in some cases, but obedience to a few simple rules will help make potential business owners more confidant and successful. Despite the potential lack of business experience, however, people can overcome initial obstacles and therefore gain valuable experience in starting a business without the troubles and roadblocks that most first time business owners encounter. Here are a few steps in creating a pro... more...

Business » Financing » Loans | By Sean Patrick @ Tuesday, 9th October 2007 @ 7:43 PM

Car loans offer lenders a big ticket item with limited risk. While a lender's risks their entire investment on an unsecured personal loan, a car loan represents less risk since the lender can take possession of the car if the loan is defaulted. Divorce often leads to bankruptcy and will impact on a consumer's credit score long after they have recovered financially. Specialized lenders have recognized that a poor credit score may not reflect on a consumer ability to make payment... more...

Business » Financing » Loans | By Marc Lindsay @ Thursday, 4th October 2007 @ 2:51 PM

Most parents would want the best for their children especially when they're start off at college for the first time. So if you're a financially smart parent you would have started saving for you child's college fund when they hit the age of 5. However not everyone is as lucky enough to put aside enough money or even think about college at such a young age. Never the less it's never too late to send your children to college even if you can't afford it. You might h... more...

Business » Financing » Loans | By Kent Harlan @ Tuesday, 31st July 2007 @ 5:03 PM

There was a time when banks and conventional lending institutions cornered the market on providing financial services for small businesses. Those days are long gone, as new choices such as equipment leasing, accounts receivable factoring, and asset based lending have provided a massive amount of available capital. A good financial broker can help a business sift through the many alternative funding sources to capitalize on the best funding solutions. In other words, business owners shouldn'... more...

Business » Financing » Loans | By Kent Harlan @ Tuesday, 31st July 2007 @ 2:12 PM

Factoring medical receivables has become a popular means of acquiring capital. It wasn't too many years ago when the hot trend in the physician world was the purchase of medical practices by hospitals. The theory was that not only would the hospitals benefit by an influx of referrals, the physicians would not have the headache of managing their practice and therefore earn more and work less. Unfortunately, this rosy scenario has not always worked out and, as a result, many doctors a... more...

Business » Financing » Loans | By Kent Harlan @ Tuesday, 31st July 2007 @ 2:11 PM

Tightening cash flows coupled with the likelihood of increased capital spending are a cause for concern among healthcare system executives. In fact, the problem could become a crisis over time unless non-traditional strategies are employed, In a recent report by the Healthcare Financial Management Association entitled "Financing the Future", some startling conclusions were reached regarding current capital spending: * The deteriorating financial condition of hospitals are maki... more...

Business » Financing » Loans | By Kent Harlan @ Tuesday, 31st July 2007 @ 1:19 PM

Regardless of business size or stage of development, every commercial enterprise is dependent on sufficient and adequate cash flow in order to grow and prosper and purchase order funding can be a part of the solution. Whether maintaining existing operations or attempting to expand, it can't happen without sufficient cash flow, either internally generated or supplied externally. Purchase order funding provides a readily available source for internal financing - immediate access to cap... more...

Business » Financing » Loans | By Kent Harlan @ Saturday, 28th July 2007 @ 8:58 AM

Invoice factoring can be utilized when you've refused a job or an order because your business didn't have enough capital to purchase the supplies or hire the extra staff. You build a good reputation, have good workers and then when you finally get a nice big contract, you have to turn it down because all your money is tied up in accounts receivables. You know the bills will be paid, but they aren't due quite yet so you are the one who suffers because of cash flow problems. ... more...

Business » Financing » Loans | By Kent Harlan @ Wednesday, 25th July 2007 @ 4:49 PM

If a company is either in a high-growth mode or is experiencing serious cash flow issues and is not able to establish a working line of credit with a bank, why wouldn't they turn to invoice factoring? There are three main concerns and objections that many decision makers have that can be overcome with educating the customer about the product. Concern #1: Cost The reality is that the cost of factoring is expensive compared to other types of financing (typically bank loans or li... more...

Business » Financing » Loans | By Kent Harlan @ Tuesday, 24th July 2007 @ 8:25 PM

If you are considering using accounts receivable factoring as a financing tool, you should carefully consider the type of billing arrangement you have with your customers. Invoice factoring relies on important considerations concerning your business model that could make it easier to get funding. When you initially set up your agreement with the customer, you should specifically outline the work to create deliverables or milestones that allow you to invoice. By setting these milestones,... more...

Business » Financing » Loans | By Kent Harlan @ Tuesday, 24th July 2007 @ 1:56 PM

Freight bill factoring can be utilized in the following all too common scenario. You suddenly find that your business is in a cash squeeze. You started your small trucking company with five units and a lot of industry experience. Things started out well, with revenues per mile on an upward trend, and an addition of two units the first year. But the expense pressure of higher fuel costs, driver settlements, permits, insurance, and repairs have begun taking its toll. Add to the mix some uncollecta... more...

Business » Financing » Loans | By Kent Harlan @ Tuesday, 24th July 2007 @ 12:48 PM

Accounts receivable factoring may not be the world's oldest profession, but not far from it. This financial practice can be traced back to the Roman Empire. Invoice factoring was the dominant form of finance in the American colonies before the Revolution (mainly textile firms). Over the past few decades, consolidation has created two distinct types of factoring companies. Large, institutional-owned factors and several small,independent factoring firms dominate the industry. WHAT IS F... more...

Business » Financing » Loans | By Kent Harlan @ Wednesday, 18th July 2007 @ 6:04 PM

Many Chief Financial Officers and other finance executives view asset based loans as a financing outlet of last resort. While that may sometimes be the case, such a view is a one-dimensional perspective. But as companies confront a tight credit market coupled with lower than expected results, many CFO's are viewing asset based lending as a viable option in the financing tool kit. Even successful companies with strong banking relationships can quickly fall out of favor with lenders and lo... more...

Business » Financing » Loans | By Mac Genner @ Friday, 13th July 2007 @ 3:10 PM

Annual Percentage Rate (APR) is a standard calculation used by lenders. The APR, which stands for "annual percentage rate", is a good idea badly executed that is as likely to mislead consumers as help them. Sometimes this rate (APR) of a loan needs to be calculated to compare different alternatives. All lenders are required under the Consumer Credit Protection Act to disclose the effective APR as well as the total finance charge in dollars. This helps the consumer figure out the impa... more...

Business » Financing » Loans | By Obinna Heche @ Thursday, 5th July 2007 @ 6:26 PM

Banks are usually very difficult to impress especially when you are asking them for a small business loans. To get a business loan from the bank, you will need to show the bank that your business is doing well and that you are capable of paying for the loans at the given period of time. If your business have been around for a couple of years, your chances of getting a loan from the bank is high. However, to make sure that you get what you need from the bank, you must come up with a good business... more...

Business » Financing » Loans | By Bob Carper @ Wednesday, 6th June 2007 @ 10:58 AM

Every year there are millions of Americans who find themselves in a pre foreclosure situation. The nightmare of losing one's home is appalling. The place where the family has experienced the happiest of moments is getting taken away. What was once the place where laughter rang out has become a vail of tears. Each month there are more than a million homeowners who receive threatening letters from their home loan companies. They are in the pre foreclosure stage. They have gotten ... more...

Business » Financing » Loans | By Mayoor Patel @ Tuesday, 5th June 2007 @ 1:15 AM

Before deciding which bank to consider for your business loan remember that what you are looking for is not just a one time loan. You want to establish yourself with on particular bank so that you can go where with all your needs. Due to this you may find that it is no always merely the business loan interest rate that you need to look at but everything the bank can offer you. A business needs a reliable bank that can help not just with the immediate requirements but with the long term. That inc... more...

Business » Financing » Loans | By Mayoor Patel @ Tuesday, 5th June 2007 @ 1:15 AM

There are worries among financial advisors that those consumers who are trying to use the new credit cards that offer a 0 credit card interest rate are being deceived. Many consumers have looked on this type of credit card as a license to owe money without paying high interest rates. But that is simply not the case. There are clauses in the agreements for those who make these deals that should be read. They say that if you miss a payment then the offer becomes null and void and the excessively h... more...

Business » Financing » Loans | By Dwayne Garrett @ Monday, 4th June 2007 @ 11:46 PM

The world of entrepreneurship, once evolved among the masculine and the brave has now become a common place among both men and women. We have seen the tides change and its already far too long since we last heard that this thing is for men and another thing is for women. There no longer is a separation of opportunities, all of us are already playing on the same terrain. The sad thought though is that there are too few funding resources and help groups for women entrepreneurs. Good ... more...

Business » Financing » Loans | By Dwayne Garrett @ Wednesday, 30th May 2007 @ 7:10 PM

In this article we are going to go over what Local Grants are and how they can help your business. You can also find grant money available for small businesses to access and use at a more local level. You will want to see if your city or nearby cities has or have an Economic Development Council. These councils offer a wealth of help for new local businesses. They all vary a bit, but likely here is where you can find out what the business climate and the demographics are for the town in wh... more...