Jigsaw007 asked:
Business Loans?
Can I get a business loans to buy investment properties?
Business Loans?
Can I get a business loans to buy investment properties?
Archive for April, 2009
Business Loans?
Thursday, April 30th, 2009How can I get a business start up loan on bad credit?
Tuesday, April 28th, 2009
Pat H asked:
Im 20 years old. Tired of working 60 hrs a week for a company who couldnt care less about me. I want to be free of this, and start my own ethical business. I am a great computer technition. I want to open a computer repair shop, but i have bad personal credit, due to a few missed payments. What do you recommend for me to do, to get a business loan with my type of situation.
Im 20 years old. Tired of working 60 hrs a week for a company who couldnt care less about me. I want to be free of this, and start my own ethical business. I am a great computer technition. I want to open a computer repair shop, but i have bad personal credit, due to a few missed payments. What do you recommend for me to do, to get a business loan with my type of situation.
when is it best to use factoring to solve a quadratic equation?
Tuesday, April 28th, 2009
skyrunner asked:
when is it best to use factoring to solve a quadratic equation?
when is it best to use factoring to solve a quadratic equation?
Commercial Real Estate Loans and the Challenge Lenders Face
Monday, April 27th, 2009
Aidan Kellsey asked:
Banks took a blow with the recent sub-prime home loan fiasco. The money financed for commercial lenders are what they are focusing on now. Experts have said that in the wake of the fiasco that len to the mortgage defaults that resulted in foreclosures to homeowners and sent banks affected, commercial lending is relatively safe at this juncture.
It seems like the market is at a downward spiral with real estate properties dipping. This is the perfect time for commercial lenders, though, as optimistic lenders provide fresh capital to fund commercial lending.
Whether you need capital to renovate, consolidate debt, or buy supplies, your needs will be fulfilled by the companies feeling bullish about the market. The National Commercial Funding, or NCF, is one such company.
Commercial Loans and Its Numerous Kinds
Commercial loans immediately provide investors with the needed capital, regardless if they are making more room for expansion or starting a business. Various lenders have different solutions to fit any investor’s needs.
Investors looking to expand can gain from commercial real estate loans that are designed to provide for the different requirements of business investments, no matter what scale. Various loans suit various businesses, and investors will be matched with the best ones.
For investors seeking possible expansion areas, the convenience of having everything to check out in one company is an added benefit. Lenders like NCF are prepared to walk you through the process, providing you the guidance you need. These are the different commercial real estate loans available all over the country:
* Hotel Loans
* Motel Loans
* Mobile Home Park Loans
* Multi-Family Apartment Loans
* Restaurant Loans
* Office Building Loans
* Self-storage Loans
* Industrial Loans
* Warehouse Loans
* Small Business Administration Loans
* Mezzanine Financing
* Other Commercial Loans
Contributing to the economy and assisting you in making your business develop are the intentions of non-traditional lenders. That’s why they require less paperwork and less processing time when refinancing your commercial real estate property.
Direct Lenders
There are lenders, both big and small, who can loan millions of dollars in capital direct from their own funds. They’re known as direct lenders. You should prefer direct lenders who can fund your investment, so picking the right commercial financing company is essential.
Offering considerably reasonable rates and open to negotiate terms are direct commercial lenders. Loan processing is always quick and simple with the help of NCF commercial loan professionals who will walk you through the process. Indeed, commercial real estate loans are still up to the challenge.
Banks took a blow with the recent sub-prime home loan fiasco. The money financed for commercial lenders are what they are focusing on now. Experts have said that in the wake of the fiasco that len to the mortgage defaults that resulted in foreclosures to homeowners and sent banks affected, commercial lending is relatively safe at this juncture.
It seems like the market is at a downward spiral with real estate properties dipping. This is the perfect time for commercial lenders, though, as optimistic lenders provide fresh capital to fund commercial lending.
Whether you need capital to renovate, consolidate debt, or buy supplies, your needs will be fulfilled by the companies feeling bullish about the market. The National Commercial Funding, or NCF, is one such company.
Commercial Loans and Its Numerous Kinds
Commercial loans immediately provide investors with the needed capital, regardless if they are making more room for expansion or starting a business. Various lenders have different solutions to fit any investor’s needs.
Investors looking to expand can gain from commercial real estate loans that are designed to provide for the different requirements of business investments, no matter what scale. Various loans suit various businesses, and investors will be matched with the best ones.
For investors seeking possible expansion areas, the convenience of having everything to check out in one company is an added benefit. Lenders like NCF are prepared to walk you through the process, providing you the guidance you need. These are the different commercial real estate loans available all over the country:
* Hotel Loans
* Motel Loans
* Mobile Home Park Loans
* Multi-Family Apartment Loans
* Restaurant Loans
* Office Building Loans
* Self-storage Loans
* Industrial Loans
* Warehouse Loans
* Small Business Administration Loans
* Mezzanine Financing
* Other Commercial Loans
Contributing to the economy and assisting you in making your business develop are the intentions of non-traditional lenders. That’s why they require less paperwork and less processing time when refinancing your commercial real estate property.
Direct Lenders
There are lenders, both big and small, who can loan millions of dollars in capital direct from their own funds. They’re known as direct lenders. You should prefer direct lenders who can fund your investment, so picking the right commercial financing company is essential.
Offering considerably reasonable rates and open to negotiate terms are direct commercial lenders. Loan processing is always quick and simple with the help of NCF commercial loan professionals who will walk you through the process. Indeed, commercial real estate loans are still up to the challenge.
can one broker small business loans to banks like a mortgage broker do with home loans?
Tuesday, April 21st, 2009
peter asked:
I am a mortgage broker and want find out how I can fund small business loans too. can I broker them to banks?
Need Capital for your project? We can help!
I am a mortgage broker and want find out how I can fund small business loans too. can I broker them to banks?
Need Capital for your project? We can help!
Asset Based Lending as a Financial Tool
Friday, April 17th, 2009
Kent Harlan asked:
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 lose access to unsecured financing, especially if they’ve shown recent losses.
A few bad quarterly results doesn’t necessarily mean that a company is in bad shape. But stringent bank underwriting parameters can cause existing loans to be called and prevent the firm from qualifying for new financing. A company facing such a scenario can use asset based lending (ABL) arrangements as bridge loans to pay off banks and provide liquidity until bank financing is achievable.
What is asset based lending?
An asset-based loan is secured by a company’s accounts receivable, inventory, equipment, and/or real estate, whereby the lender takes a first priority security interest in those assets financed. Asset-based loans are an alternative to traditional bank lending because they serve borrowers with risk characteristics typically outside a bank’s comfort level. These assets typically have an easily determined value. The financing can take the form of loans to revolving credit lines to equipment leases and can range from $100,000 to $1 billion, depending on needs and circumstances.
How can ABL be a beneficial financing option?
Acquisitions
To grow a business, a company may look to acquire a strategic partner or even a competitor. Asset-based financing is often an efficient means to obtain funding for business acquisitions.
Turnaround Financing
Turnaround financing is often used by under-performing businesses that are not achieving their full potential. In some cases, it is used for businesses that are either insolvent or on their way to becoming insolvent. Asset-based lenders are accustomed to the bankruptcy process and asset-based financing is ideal for turnarounds because of its flexibility.
Capital Expenditures
Capital expenditure is the money spent to acquire and/or upgrade physical assets such as buildings and machinery. Capital expenditure is also commonly referred to as capital spending or capital expense.
Debtor-in-Possession (DIP) Financing
Debtor-in-possession (DIP) refers to a company that has filed for protection under Chapter XI of the Federal Bankruptcy Code and has been permitted by the bankruptcy court to continue its operations to effect a formal reorganization. A DIP company can still obtain loans–but only with bankruptcy court approval. DIP financing, which is new debt obtained by a firm during the Chapter XI bankruptcy process, allows the company to continue to operate during a reorganization process. Asset-based lenders also provide exit financing or confirmation financing to companies coming out of bankruptcy.
Growth
Typically, as a company grows so does its need for financing. Also, as a company’s collateral grows, its assets can strengthen its ability to borrow. An experienced and creative asset-based lender can assemble a credit facility that can scale to grow with a company.
Recapitalization
Recapitalization is the process of fundamentally revising a company’s capital structure. A company might recapitalize due to bankruptcy or replacing debt securities with equity in order to reduce the company’s ongoing interest obligation. A leveraged recapitalization typically achieves just the opposite–by taking on a material amount of debt, the company increases its ongoing interest obligation but is able to pay its shareholders a special dividend.
Refinancing/Restructuring
When a company enters or exits a growth stage, refinancing or restructured financing may be key to creating a capital structure that better meets the needs of the company. This type of financing is often used for market expansion, completing an acquisition, restructuring operations, or following a successful corporate turnaround.
Buyout
A buyout is the purchase of a controlling percentage of a company’s stock. In a leveraged buyout (LBO), the acquiring company uses the minimum amount of equity to purchase the target company. The target company’s assets are used as collateral for debt, and its cash flow is used to retire debt accrued by the buyer to acquire the company. A management buyout (MBO) is an LBO led by the existing management of a company.
What are the advantages to ABL?
* Tends to feature fewer covenants than other types of financing and those it does include tend to be more flexible. Cash flow loans, by contrast, often have four or five covenants including total leverage, fixed charge coverage, and minimum net worth.
* If a company is growing, the receivables and inventory it uses to secure the asset based loan is likely growing as well. Thus, the company has a greater collateral base and can borrow funds to fuel its growth.
* ABL instills discipline. Since the loans are based upon accounts receivable and inventory, the company is motivated to improve collections and complete the production cycle in a timely manner.
* As mentioned earlier, ABL imposes less stringent covenants compared to cash flow loans. These type of loans also provide better security to the lenders, which in turn allows them to grant more time to the borrowers to turn their company around in difficult times.
What are the disadvantages of ABL?
* Since the level of funding is contingent upon the asset values on the balance sheet, there may not be sufficient liquidity. Only asset rich companies would likely benefit, while many service companies would not.
* Such a requirement can be difficult for the company.
* Asset based lending tends to be more expensive than other types of financing, often three to five percentage points above traditional bank financing.
* ABL runs counter to the thinking of a lot of CFOs who believe it is dangerous to tie short term assets to long term financing.
Although asset based lending is now a common financing tool, it is not for everyone. It makes sense to explore all types of financing before deciding if asset based lending is the right choice. The CFO must review the state of the company’s credit, analyze the firm’s asset structure, and its current debt load. Asset based lending can provide the liquidity needed for the company to grow until less expensive bank financing is available.
Small businesses seeking information on how Hudson Commercial Capital can help during this financial crisis can call 1.212.564-0031 or can visit
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 lose access to unsecured financing, especially if they’ve shown recent losses.
A few bad quarterly results doesn’t necessarily mean that a company is in bad shape. But stringent bank underwriting parameters can cause existing loans to be called and prevent the firm from qualifying for new financing. A company facing such a scenario can use asset based lending (ABL) arrangements as bridge loans to pay off banks and provide liquidity until bank financing is achievable.
What is asset based lending?
An asset-based loan is secured by a company’s accounts receivable, inventory, equipment, and/or real estate, whereby the lender takes a first priority security interest in those assets financed. Asset-based loans are an alternative to traditional bank lending because they serve borrowers with risk characteristics typically outside a bank’s comfort level. These assets typically have an easily determined value. The financing can take the form of loans to revolving credit lines to equipment leases and can range from $100,000 to $1 billion, depending on needs and circumstances.
How can ABL be a beneficial financing option?
Acquisitions
To grow a business, a company may look to acquire a strategic partner or even a competitor. Asset-based financing is often an efficient means to obtain funding for business acquisitions.
Turnaround Financing
Turnaround financing is often used by under-performing businesses that are not achieving their full potential. In some cases, it is used for businesses that are either insolvent or on their way to becoming insolvent. Asset-based lenders are accustomed to the bankruptcy process and asset-based financing is ideal for turnarounds because of its flexibility.
Capital Expenditures
Capital expenditure is the money spent to acquire and/or upgrade physical assets such as buildings and machinery. Capital expenditure is also commonly referred to as capital spending or capital expense.
Debtor-in-Possession (DIP) Financing
Debtor-in-possession (DIP) refers to a company that has filed for protection under Chapter XI of the Federal Bankruptcy Code and has been permitted by the bankruptcy court to continue its operations to effect a formal reorganization. A DIP company can still obtain loans–but only with bankruptcy court approval. DIP financing, which is new debt obtained by a firm during the Chapter XI bankruptcy process, allows the company to continue to operate during a reorganization process. Asset-based lenders also provide exit financing or confirmation financing to companies coming out of bankruptcy.
Growth
Typically, as a company grows so does its need for financing. Also, as a company’s collateral grows, its assets can strengthen its ability to borrow. An experienced and creative asset-based lender can assemble a credit facility that can scale to grow with a company.
Recapitalization
Recapitalization is the process of fundamentally revising a company’s capital structure. A company might recapitalize due to bankruptcy or replacing debt securities with equity in order to reduce the company’s ongoing interest obligation. A leveraged recapitalization typically achieves just the opposite–by taking on a material amount of debt, the company increases its ongoing interest obligation but is able to pay its shareholders a special dividend.
Refinancing/Restructuring
When a company enters or exits a growth stage, refinancing or restructured financing may be key to creating a capital structure that better meets the needs of the company. This type of financing is often used for market expansion, completing an acquisition, restructuring operations, or following a successful corporate turnaround.
Buyout
A buyout is the purchase of a controlling percentage of a company’s stock. In a leveraged buyout (LBO), the acquiring company uses the minimum amount of equity to purchase the target company. The target company’s assets are used as collateral for debt, and its cash flow is used to retire debt accrued by the buyer to acquire the company. A management buyout (MBO) is an LBO led by the existing management of a company.
What are the advantages to ABL?
* Tends to feature fewer covenants than other types of financing and those it does include tend to be more flexible. Cash flow loans, by contrast, often have four or five covenants including total leverage, fixed charge coverage, and minimum net worth.
* If a company is growing, the receivables and inventory it uses to secure the asset based loan is likely growing as well. Thus, the company has a greater collateral base and can borrow funds to fuel its growth.
* ABL instills discipline. Since the loans are based upon accounts receivable and inventory, the company is motivated to improve collections and complete the production cycle in a timely manner.
* As mentioned earlier, ABL imposes less stringent covenants compared to cash flow loans. These type of loans also provide better security to the lenders, which in turn allows them to grant more time to the borrowers to turn their company around in difficult times.
What are the disadvantages of ABL?
* Since the level of funding is contingent upon the asset values on the balance sheet, there may not be sufficient liquidity. Only asset rich companies would likely benefit, while many service companies would not.
* Such a requirement can be difficult for the company.
* Asset based lending tends to be more expensive than other types of financing, often three to five percentage points above traditional bank financing.
* ABL runs counter to the thinking of a lot of CFOs who believe it is dangerous to tie short term assets to long term financing.
Although asset based lending is now a common financing tool, it is not for everyone. It makes sense to explore all types of financing before deciding if asset based lending is the right choice. The CFO must review the state of the company’s credit, analyze the firm’s asset structure, and its current debt load. Asset based lending can provide the liquidity needed for the company to grow until less expensive bank financing is available.
Small businesses seeking information on how Hudson Commercial Capital can help during this financial crisis can call 1.212.564-0031 or can visit
Asset Based Lending In the Capital Markets
Wednesday, April 15th, 2009
Kris Koonar asked:
An Asset based loan is when a borrower avails of a loan against a borrowing base that is the assets that the borrower might possess at the time of the loan. A borrower might require an asset based loan to expand his/her business or to fund new acquisitions or mergers, or for a turnaround of his company or to stave away impending bankruptcy or even for the purchase of new plant and machinery.
The term borrowing base implies all the assets of the business or company including real estate, existing plant and machinery, inventory and even the receivables of the company, i.e. material sold on credit, but payments not yet received, or even purchase orders or letters of credit from overseas clients. Asset based lenders can show more flexibility, while approving loans, since they have the borrower’s assets as collateral in case of any problem in recovering the loan amount and can also be flexible in the mode of repayment.
Borrowers should compare the cost of availing an asset-based loan with a traditional loan and also measure it against the benefits offered by availing the loan. But, whereas traditional lenders would advance loans against only fixed assets as collateral, asset based lending companies, not only advance loans against fixed assets, but also against receivables and they could also take future profits into account, which traditional lenders would not consider. Also, in a traditional loan, a borrower might just get a fixed amount, whereas in an asset based loan, the amount might vary as per the borrowers’ current and future standing.
So, if borrowers have limited fixed assets, but show great future potential and have a healthy receivable report in their hand, then asset based lenders would be willing to advance bigger loans to them. Borrowers with huge orders from credit worthy clients or borrowers facing liquidity problems due to seasonal sales could also benefit from asset based lending. Borrowers have to submit regular details of the current status, not only of their property, but also of their receivables to their lenders as per their requirement.
However, the credit crunch especially in the US market has now put some strain on the traditional lending institutions, such as banks, since the inter bank liquidity crunch has now spread from the US to the UK and also to other European countries. With banks tightening their lending norms and the prices of real estate sliding southwards, this could turn out to be an advantage for asset based lenders, who could see more borrowers at their doorsteps. The problem is that the fixed assets, which are to be attached as collateral, are reducing in their market value on a day-to-day basis and this could affect both the lenders and the borrowers.
However, if the borrowers’ receivables are healthy and if his business shows future potential, then an asset based loan is a better option to the now strictly monitored traditional loan. So, for medium to large corporations requiring capital for mergers or acquisitions, or even restructuring during these tough times, asset based lending groups can provide customized solutions, as per the corporations needs.
So, whatever the sector, asset based lending companies can tailor make a suitable loan to suit any corporation or companies or businesses and these tough times may see them veer away more from the strict rules of lending banks to a more flexible asset based lender.
Need Capital for your project? We can help!
An Asset based loan is when a borrower avails of a loan against a borrowing base that is the assets that the borrower might possess at the time of the loan. A borrower might require an asset based loan to expand his/her business or to fund new acquisitions or mergers, or for a turnaround of his company or to stave away impending bankruptcy or even for the purchase of new plant and machinery.
The term borrowing base implies all the assets of the business or company including real estate, existing plant and machinery, inventory and even the receivables of the company, i.e. material sold on credit, but payments not yet received, or even purchase orders or letters of credit from overseas clients. Asset based lenders can show more flexibility, while approving loans, since they have the borrower’s assets as collateral in case of any problem in recovering the loan amount and can also be flexible in the mode of repayment.
Borrowers should compare the cost of availing an asset-based loan with a traditional loan and also measure it against the benefits offered by availing the loan. But, whereas traditional lenders would advance loans against only fixed assets as collateral, asset based lending companies, not only advance loans against fixed assets, but also against receivables and they could also take future profits into account, which traditional lenders would not consider. Also, in a traditional loan, a borrower might just get a fixed amount, whereas in an asset based loan, the amount might vary as per the borrowers’ current and future standing.
So, if borrowers have limited fixed assets, but show great future potential and have a healthy receivable report in their hand, then asset based lenders would be willing to advance bigger loans to them. Borrowers with huge orders from credit worthy clients or borrowers facing liquidity problems due to seasonal sales could also benefit from asset based lending. Borrowers have to submit regular details of the current status, not only of their property, but also of their receivables to their lenders as per their requirement.
However, the credit crunch especially in the US market has now put some strain on the traditional lending institutions, such as banks, since the inter bank liquidity crunch has now spread from the US to the UK and also to other European countries. With banks tightening their lending norms and the prices of real estate sliding southwards, this could turn out to be an advantage for asset based lenders, who could see more borrowers at their doorsteps. The problem is that the fixed assets, which are to be attached as collateral, are reducing in their market value on a day-to-day basis and this could affect both the lenders and the borrowers.
However, if the borrowers’ receivables are healthy and if his business shows future potential, then an asset based loan is a better option to the now strictly monitored traditional loan. So, for medium to large corporations requiring capital for mergers or acquisitions, or even restructuring during these tough times, asset based lending groups can provide customized solutions, as per the corporations needs.
So, whatever the sector, asset based lending companies can tailor make a suitable loan to suit any corporation or companies or businesses and these tough times may see them veer away more from the strict rules of lending banks to a more flexible asset based lender.
Need Capital for your project? We can help!
Give your Cash Flow a Helping Hand With Invoice Discounting or Factoring!
Wednesday, April 15th, 2009
Peter Rufus asked:
When working on a separate set of payment terms to those of your customers, your services may not be paid for as long as up to 90 days. These terms don’t necessarily complement the way you are trying to run your business. You may need to make important purchases and expenditures, the kind that will help your business grow and improve. But without the finance from your customers you cannot afford to do so.
There are solutions available. One route is to look at increasing the overdraft of your business account. This gives you instant access to money you may need for immediate purchases. The overdraft charges may prove too costly however, causing you further financial worry.
Taking out a loan is another option, which provides you with money to cover those essential expenditures. This will cover you in the short term, but is not convenient on a month by month basis. Many businesses find their finances fluctuate monthly, and to be taking out regular loans would prove complicated in administration and repayment. This time consuming process would detract attention away from time and effort that could going into helping your business grow.
One option that may prove to be the most effective is invoice discounting. Invoice discounting is a model of borrowing that instantly releases the cash tied up in your sales ledger. You will pay a monthly fee to the invoice discounter and also pay interest on the net amount advanced. This is in addition to advances received or money repaid. With invoice discounting, as soon as an authorised invoice is issued by your company you can draw down up to the agreed percentage straight away, which frees up your cash flow and allows you to get on with growing you business. Once your customer pays the invoice reconciliation can take place. Invoice discounting enables you to retain control over your sales ledger, which means that also retain responsibility for chasing payments.
If you are looking for a cash flow solution that will free up more of your time from administration of your sales ledger, then the best solution may be factoring.
Much like invoice discounting, factoring involves delegating your accounts to a third party provider to free finance bound to your sales ledger. But, unlike invoice discounting, this form of credit management allows you to receive up to 90% of your invoices value, with the power to lower this amount as your finances fluctuate. Also, the provider is responsible for following up payments on your behalf which can save both administration and staff costs. Also, because this is a larger company than you, they can often get settlement of invoices quicker than you might on your own.
This model is increasingly popular for those who wish to put less time into administrative aspects and focus more on the growth and expansion of the company.
Martingales are a company able to offer cash flow and credit management solutions. To find out more about how Martingales can help your businesses cash flow, visit www.martingales.org.
Small businesses seeking information on how Hudson Commercial Capital can help during this financial crisis can call 1.212.564-0031 or can visit
When working on a separate set of payment terms to those of your customers, your services may not be paid for as long as up to 90 days. These terms don’t necessarily complement the way you are trying to run your business. You may need to make important purchases and expenditures, the kind that will help your business grow and improve. But without the finance from your customers you cannot afford to do so.
There are solutions available. One route is to look at increasing the overdraft of your business account. This gives you instant access to money you may need for immediate purchases. The overdraft charges may prove too costly however, causing you further financial worry.
Taking out a loan is another option, which provides you with money to cover those essential expenditures. This will cover you in the short term, but is not convenient on a month by month basis. Many businesses find their finances fluctuate monthly, and to be taking out regular loans would prove complicated in administration and repayment. This time consuming process would detract attention away from time and effort that could going into helping your business grow.
One option that may prove to be the most effective is invoice discounting. Invoice discounting is a model of borrowing that instantly releases the cash tied up in your sales ledger. You will pay a monthly fee to the invoice discounter and also pay interest on the net amount advanced. This is in addition to advances received or money repaid. With invoice discounting, as soon as an authorised invoice is issued by your company you can draw down up to the agreed percentage straight away, which frees up your cash flow and allows you to get on with growing you business. Once your customer pays the invoice reconciliation can take place. Invoice discounting enables you to retain control over your sales ledger, which means that also retain responsibility for chasing payments.
If you are looking for a cash flow solution that will free up more of your time from administration of your sales ledger, then the best solution may be factoring.
Much like invoice discounting, factoring involves delegating your accounts to a third party provider to free finance bound to your sales ledger. But, unlike invoice discounting, this form of credit management allows you to receive up to 90% of your invoices value, with the power to lower this amount as your finances fluctuate. Also, the provider is responsible for following up payments on your behalf which can save both administration and staff costs. Also, because this is a larger company than you, they can often get settlement of invoices quicker than you might on your own.
This model is increasingly popular for those who wish to put less time into administrative aspects and focus more on the growth and expansion of the company.
Martingales are a company able to offer cash flow and credit management solutions. To find out more about how Martingales can help your businesses cash flow, visit www.martingales.org.
Small businesses seeking information on how Hudson Commercial Capital can help during this financial crisis can call 1.212.564-0031 or can visit
What is the most important factor in getting a business loan?
Wednesday, April 15th, 2009
princessin_bluejeans asked:
I am in the process of writing out my business plan for a start up company, of course I have very little capital and am considering a business loan. What would you say is the most important factor in getting a small business loan of say $15,000. I have no previous financial statements for the business, and I will be putting in $2500 of my own money.
I am in the process of writing out my business plan for a start up company, of course I have very little capital and am considering a business loan. What would you say is the most important factor in getting a small business loan of say $15,000. I have no previous financial statements for the business, and I will be putting in $2500 of my own money.
Hard money loan is asset based loan
Monday, April 13th, 2009
Krish Martin asked:
Gold Quest Group www.GoldQuestGroup.net is a hard money lender located in Houston, Texas.
A hard money loan is a type of asset-based loan financing in which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution. Hard money is similar to a bridge loan which usually has similar criteria for lending as well as cost to the borrowers. The primary difference is that a bridge loan often refers to a commercial property or investment property that may be in transition and does not yet qualify for traditional financing.
Many hard money mortgages are made by private investors, generally in their local areas. Usually the credit score of the borrower is not important, as the loan is secured by the value of the collateral property. Typically, the maximum loan to value (LTV) ratio is 65-70%. That is, if the property is worth $100,000, the lender would advance $65,000-70,000 against it. This low LTV provides added security for the lender, in case the borrower does not pay and they have to foreclose on the property.
Home Equity Loan - Equity is defined as the monetary value of a property or business beyond any amounts owed on it in mortgages, claims, liens, etc. In simpler terms, home equity is how much house you have earned.
Equity is the difference between what your house is worth and what you owe on it. For example, if your house is worth $120,000 and you owe $100,000, your equity is $20,000. You can get a home equity loan, depending on your credit rating and a number of other factors, for the $20,000 that you have built up in equity.
Construction Loan - This type of loan is temporary and used for construction of buildings and homes. A construction loan also gives the contractor small amounts of money over the construction period. It is not till the job is completely finished when a permanent loan is used to pay off the rest of the construction.
To find out if a Hard Money Loan or a Bridge Loan or other Real Estate or Commercial Loan offered by Gold Quest Group is right for you, contact us at (713) 621-6466 or online at www.GoldQuestGroup.net
Gold Quest Group www.GoldQuestGroup.net is a hard money lender located in Houston, Texas.
A hard money loan is a type of asset-based loan financing in which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution. Hard money is similar to a bridge loan which usually has similar criteria for lending as well as cost to the borrowers. The primary difference is that a bridge loan often refers to a commercial property or investment property that may be in transition and does not yet qualify for traditional financing.
Many hard money mortgages are made by private investors, generally in their local areas. Usually the credit score of the borrower is not important, as the loan is secured by the value of the collateral property. Typically, the maximum loan to value (LTV) ratio is 65-70%. That is, if the property is worth $100,000, the lender would advance $65,000-70,000 against it. This low LTV provides added security for the lender, in case the borrower does not pay and they have to foreclose on the property.
Home Equity Loan - Equity is defined as the monetary value of a property or business beyond any amounts owed on it in mortgages, claims, liens, etc. In simpler terms, home equity is how much house you have earned.
Equity is the difference between what your house is worth and what you owe on it. For example, if your house is worth $120,000 and you owe $100,000, your equity is $20,000. You can get a home equity loan, depending on your credit rating and a number of other factors, for the $20,000 that you have built up in equity.
Construction Loan - This type of loan is temporary and used for construction of buildings and homes. A construction loan also gives the contractor small amounts of money over the construction period. It is not till the job is completely finished when a permanent loan is used to pay off the rest of the construction.
To find out if a Hard Money Loan or a Bridge Loan or other Real Estate or Commercial Loan offered by Gold Quest Group is right for you, contact us at (713) 621-6466 or online at www.GoldQuestGroup.net