2013년 12월 4일 수요일

About 'lenders financial'|Student Lenders Not Immune to Crisis of Confidence in Financials







About 'lenders financial'|Student Lenders Not Immune to Crisis of Confidence in Financials








In               these               troubled               times,               it               can               be               very               helpful               to               create               your               Personal               Financial               Statement.

Having               a               record               of               your               assets               and               liabilities               raises               your               awareness               and               makes               it               easier               to               monitor               your               spending.

In               many               cases,               you               will               be               surprised               your               net               worth               is               as               great               as               it               is.

We               acquire               "things"               in               life               that               we               often               take               for               granted.

In               so               doing,               you               limit               your               capability               to               use               assets               to               create               greater/additional               assets.
               In               other               instances,               having               a               Personal               Financial               Statement               is               an               excellent               way               to               track               debt               and               increase               your               most               important               CREDIT               SCORE.
               "Your               financial               planning               asset               inventory               will               list               the               major               assets               that               you               have,               their               value,               and               what               income               (if               any)               they               generate.

While               personal               effects               such               as               clothes,               electrical               appliances               and               furniture               will               be               listed               --               or               at               least               lumped               together               and               reflected               under               a               "personal               effects"               entry               --               the               emphasis               of               such               a               list               is               on               your               investments,               that               is,               assets               that               you               hold               with               a               view               to               their               likely               appreciation               in               value               stocks,               bonds,               CDs,               or               rental               real               estate)".

From               the               CCH               website               of               Wolters               Kluwer.

www.finance.cch.com/tools/downloads/perfinanstatement.rtf
               In               recent               comments               by               Donald               Trump               while               promoting               his               new               book,               "Think               Like               a               Champion:               An               Informal               Education               In               Business               and               Life",               he               recommends               this               as               the               best               time               to               buy               real               estate.

If               that               is               of               interest               to               you,               it's               time               to               get               a               grip               on               your               finances.
               It's               not               as               intimidating               as               you               might               think.

There               are               numerous               websites               offering               downloadable               forms               to               guide               you.
               Once               completed,               you               will               be               very               proud               of               yourself               when               you               visit               with               a               lender               or               a               bank               to               seek               a               loan.

A               completed               financial               statement               presented               to               a               lender               indicates               a               certain               sophistication.

Once               a               lender               has               you               in               front               of               them,               getting               an               application               as               quickly               as               possible               is               their               goal.

Presented               with               a               current               Financial               Statement               they               can               easily               transfer               the               information               to               their               forms.
               If               you               eventually               become               a               repeat               investor,               it               makes               doing               business               so               much               easier               to               have               all               your               updated               information               handy.

I               find               the               ritual               of               updating               my               personal               Financial               Statement               on               an               annual               basis,               (generally               around               the               first               of               year               as               that               is               the               time               you               receive               annual               statements               from               lenders,               brokers               and               other               institutions               pertinent               to               your               personal               finances);               give               me               a               new               awareness               each               year               that               often               impacts               my               long               and               short-term               goals.
               Lastly,               a               Personal               Financial               Statement               is               necessary               when               creating               your               will               or               trust               agreements               and               becomes               a               critical               tool               in               your               Estate               Planning.
               Visiting               some               or               all               of               these               websites               will               offer               guidance               in               organizing               and               preparing               your               Personal               Financial               Statement.
               www.sba.gov/sbaforms/sba413.pdf
               www.Quicken.Intuit.com
               www.score.org/downloads/Personal%20Financial%20statement1.xls
               www.njeda.com/pust/pfs.pdf.www.inc.com/tools/2000/20/14081.html






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      ...a different procedure and may request more or less of the above documentation, please discuss any financial questions or concerns with your lender. ~ by RealtorKJ on February 8, 2011.
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    11. Lenders Financial - Blog Homepage Results

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    2013년 12월 3일 화요일

    About 'business financing loan'|Canadian Business Loan Financing – Pain or Pleasure Mastering Finance Success With Equipment Lease Companies







    About 'business financing loan'|Canadian Business Loan Financing – Pain or Pleasure Mastering Finance Success With Equipment Lease Companies








    Navigate!

    The               Dictionary               defines               the               term               as               '               to               walk               or               find               ones               way               '.

    That's               what               we               are               going               to               do,               make               you               a               navigational               expert               on               the               '               SBL               ',               more               commonly               called               the               Canada               small               business               loan               .

    It's               also               called               '               the               government               loan               '               and               we               will               provide               some               clarity               around               why               that               is               and               is               not               necessarily               the               case!

    Let's               get               down               to               basics.

    Your               first               questions               probably               is               -               '               what               is               the               Canadian               government               doing               in               the               loan               and               Canadian               business               financing               area?!

    )               That's               a               valid               question               of               course.

    Industry               Canada               is               the               department               that               runs               the               program.

    The               program               has               been               around               for               many               years               and               is               designed               to               encourage               '               financial               institutions               'to               provide               small               business               loan               financing               that               they               otherwise               might               not               be               able               to               do.
                   So               who               are               these               financial               institutions?

    For               the               most               part               we're               talking               about               Canadian               chartered               banks,               although               some               business               oriented               credit               unions               also               underwrite               the               program.

    That               is               where               a               lot               of               the               confusion               around               the               program               exists               -               namely               that               while               the               government               sponsors               and               in               fact               created               the               program               it               is               administered               on               a               daily               basis               by               Canadian               banks.
                   Why               would               the               banks               participate               in               the               program?

    For               the               very               simple               reason               that               the               Canada               small               business               government               loan,               aka               '               SBL               '               has               Ottawa               picking               up               85%               of               the               tab               if               a               loan               defaults.
                   When               we               look               at               all               the               questions               clients               have               around               the               program               a               couple               common               themes               consistently               come               up               -               they               are               key               issues               such               as               '               How               much               can               we               get               "(that's               a               very               popular               one!)               as               well               as               '               how               does               it               work               and               what               do               I               need               to               do               to               apply               ?
                   Let's               address               the               dollars               in               the               SBL               program.

    The               magic               number               for               the               program               is               $               350,000.00,               but               if               you               use               it               specifically               for               real               estate               the               program               actually               can               be               up               to               $               500,000.00.
                   Would               any               company               or               entrepreneur               want               to               purchase               real               estate               under               the               program?

    That               may               or               may               not               be               an               attractive               option               -               for               example               under               the               current               terms               of               the               program               the               monthly               payment               would               be               in               the               7K               per               month               range               ,               so               that               would               have               to               be               weighed               against               other               options               .
                   So               who               uses               the               Canada               small               business               loan,               and               why               is               it               beneficial.

    The               reality               is               that               over               7               thousand               firms               used               the               SBL               government               loan               last               year               alone,               for               financings               approaching               1               Billion               dollars.

    Funds               for               the               program               are               geared               toward               two               asset               classes               -               equipment,               and               leaseholds.

    Your               ability               to               finance               leaseholds               under               the               program               is               one               of               the               best               features               of               the               program.

    as               this               asset               class               is               very               difficult               to               finance               otherwise               .
                   Most               popular               questions               #2               about               the               program               is               simply               '               how               does               it               work               -               where               do               we               apply               '.

    This               is               where               it               falls               apart               for               many               entrepreneurs.

    They               aren't               prepared,               spend               days,               weeks,               and               yes               months               stumbling               through               the               program,               and               are               frustrated               if               they               are               declined.

    They               are               simply               astounded               when               we               tell               them               a               simple               clean               proposal,               done               properly               can               get               the               financing               approved               in               48               hrs.
                   Not               sure               about               navigating               your               own               way               around               the               program               to               both               achieve               maximum               financing               and               of               course               approval?

    What               then.

    Simple,               speak               to               a               trusted,               credible               and               experienced               Canadian               business               financing               advisor               who               can               help               you               navigate               the               waters               of               financing               success               for               the               government               SBL               loan               program               in               Canada.






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    About 'sba loan wiki'|The REAL list of Obama’s accomplishments to date (with citations)







    About 'sba loan wiki'|The REAL list of Obama’s accomplishments to date (with citations)








    It's               not               as               bad               as               you               think.

    No               really,               we're               serious.

    We're               talking               about               business               finance               options               in               Canada               -               all               the               way               thru               from               start               up               to               corporate               credit               commercial               loan               facilities.

    It's               not               uncommon               for               clients               to               know               what               or               how               much               they               need               for               their               Canadian               business               financing               needs.

    What               their               challenge               usually               concerns               knows               what               their               financing               choices               are,               what               the               various               benefits               are,               and               most               importantly,               how               to               go               about               securing               that               financing.

    Let's               review!
                   When               you               think               about               it               we               are               talking               essentially               about               sources               of               funds               -               and               that               comes               from               either               borrowing               facilities               of               personal               or               corporate               equity.

    We're               not               going               to               focus               too               much               today               on               personal               resources               -               typically               those               are               collateral               home               mortgages,               credit               cards,               and               the               proverbial               friends               and               family.

    We'll               let               you               address               those               yourselves               -               instead               let's               focus               on               corporate               borrowing,               whether               you               are               a               start               up               or               an               established               business.
                   So               what               are               the               key               essentials               in               corporate               credit               facilities?

    They               are               supplier               credit               (most               business               owners               don't               unfortunately               consider               that               as               a               source               of               financing,               but               it               is,               working               capital               financing,               and               loans               form               banks               and               the               government.

    (The               Canadian               SBL               loan               program               goes               to               350k               and               we               firmly               believe               its               one               of               the               best               facilities               available               to               small               and               medium               sizes               business               in               Canada).
                   When               you               think               about               it               no               one               financing               solution               will               rarely               cover               off               everything               you               need.

    In               reality               it's               a               combination               of               borrowing               structures               that               will               allow               you               achieve               all               the               working               or               long               term               corporate               credit               and               capital               you               need.

    For               example,               the               majority               of               equipment               in               Canada               is               finance               via               equipment               leasing               and               financing               -               which               in               the               2011               environment               enjoys               a               very               robust               popularity.
                   However,               lease               equipment               financing               is               long               term               capital,               matched               against               the               useful               life               of               the               asset               -               in               many               cases               you               are               instead               looking               for               operating               capital,               the               ever               required               '               cash               flow               '               that               is               the               life               blood               of               your               company               .

    That               capital               is               sourced               via               a               bank               operating               line               of               credit,               a               working               capital               facility               via               a               non               bank               lender,               or               a               major               asset               based               lending               facility               that               comprises               receivables,               inventory               and               fixed               assets.
                   One               of               the               most               popular               and               growing               methods               of               financing               today               is               termed               '               factoring               'Ëœ.

    Other               names               it               goes               by               are               receivable               finance,               invoice               discounting,               and               our               favorite               C               I               D,               which               stands               for               confidential               invoice               discounting.

    This               type               of               financing               gives               you               all               the               working               capital               and               cash               flow               you               need,               hence               its               popularity,               but               is               more               expensive               than               traditional               corporate               credit               facilities               via               a               bank.

    It's               a               very               misunderstood               form               of               finance;               essentially               it's               the               sale               of               your               receivables               as               you               generate               revenue.
                   Our               afore               mentioned               C               I               D               facility               is               a               factoring               or               invoice               discounting               facility               that               doesn't               force               you               to               tell               your               customers               that               you               are               financing               your               firm               thru               this               type               of               arrangement               .
                   In               summary,               the               type               of               capital               and               the               amount               of               business               finance               you               require               depends               on               which               stage               or               cycle               your               business               is               in               ,               either               start               up               or               advanced               and               mature               .
                   You               can               best               understand               the               type               of               financing               you               need               by               ensuring               you               have               a               solid               handle               of               your               operating               expenses               and               capital               costs               requirements.

    Cash               flow               projections               and               a               list               of               potential               other               collateral               are               always               helpful...

    allowing               you               to               feel               confident               that               you               can               appro0ach               external               financing               successful.
                   Consider               speaking               to               a               trusted,               credible               and               experienced               Canadian               business               financing               advisor               on               funding               you               need               today               and               for               the               future.






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