The Factoring Loan

• 29Feb

  Help please this is Reallly HArd?

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  khash k asked:
  
  
  Finding the Right College
  Introduction
  For many students, college is right around the corner. Going to college takes a great deal of research, thought, and money. This web quest is going to help you get started in this exciting journey.

  The Task
  Research UCLA, Florida State, Penn State University, and a college of your choice. Compare and contrast the cost of each college. Choose one of the colleges and research a major. Research the potential jobs and salaries of that major. Discover the numbers behind financing your college education.

  The Process
  Copy and paste the chart below to answer questions #1-10. The first three blocks must be filled in for each college (up to and including Yearly Total). The rest of the blocks are to be filled in only under the college of your choice.
  Research the tuition costs and room and board costs of the four colleges. Copy and paste the chart below and fill in the appropriate numbers.

  Calculate the yearly cost of each college.

  Select the college that you feel will meet your academic and financial needs.

  Research and select a major at your chosen college. Be sure to research the required number of years needed to earn your desired degree.

  Calculate your total college cost based upon your college and number of years required.

  Use the loan calculator on the given link to determine your monthly payment (assume you need to repay the total cost after scholarship) if you pay off your student loan in
  10 years
  20 years
  Scroll down on the loan payment page to find the suggested salary needed to repay a loan of this size for (a) and (b).

  Research and find at least one scholarship that meets your talents.

  Calculate the total savings of your college costs if you were to receive that scholarship for every year you are enrolled.

  Calculate the monthly savings of your 10 year and 20 year loan payment if you were to receive the scholarship.

  Research three careers and the corresponding salaries that you could pursue with your degree. Include this information in the Conclusion section of the web quest. Consider if you will be able to afford your loan payment. How will this affect your college intentions?
  Conclusion

  Write a paragraph describing your possible college intentions and costs for this decision based upon your research. Analyze all of your findings from #1-10 in the process. You should also address any other cost factors or savings that make your situation unique and supports your choice of colleges or post-high school education.

  Bibliography

  Include a Bibliography with any additional hyperlinks you used in researching this decision.

  Suggested Links

  Pennsylvania State University
  Florida State University
  UCLA
  Loan payment calculator
  Scholarship sites

  http://apps.collegeboard.com/cbsearch_ss/welcome.jsp

  http://www.college-scholarships.com/

  Careers and Salaries

  http://www.careerbuilder.com/

  http://www.careerexplorer.net/descriptions.asp

  College PSU FSU UCA Your choice
  Yearly tuition and fees
  Room and board
  Yearly total
  Annual scholarship
  Number of years required
  Total college cost without scholarship
  10 years monthly payment with scholarship
  Monthly savings for 10 year loan payment with scholarship
  Suggested salary to repay 10 year loan
  20 years monthly payment with scholarship
  Monthly savings for 20 year loan payment with scholarship
  Suggested salary to repay 20 year loan
  
  For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

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  Tags: College Costs, Salaries, Scholarship Research

• 29Feb

  What type of small business earns the most money?

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  lightz_up asked:
  
  
  By “small business”, I’m referring to a small, privately-owned/self-employed business. For example, a computer business, a doctor’s office, lawyer’s office, car repair, etc. This also includes online businesses.
  
  Pro-BargainHunter has over 125 different products and Services you Business Needs…Here are the HOT Categories Factoring Loan * International Receivables Factoring * Order Finance * Office Equipment Leasing * Merchant Card Services * Account Collection Services * Warehouse Mortgage * Business LOC * Account Insurance

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  Tags: Computer Doctor, Office Car, Self Employed Business

• 29Feb

  Collecting Debts While Obeying the Law

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  Kiran Seo asked:
  
  
   
  
  If that fails to solve the problem, there are professional bill collectors you can hire to take over the process.
  
  Be aware, however, that federal and state laws govern the steps that third-party collectors can take.
  
  The U.S. Fair Debt Collection Practices Act deals specifically with what debt collectors can and cannot do to try and get your money back.
  
  It is legal for a collector to contact a debtor in person, by mail, telephone, telegram or fax.
  
  Collectors can contact a debtor at home, but they must identify themselves and the reason for their call. They cannot call a debtor during odd hours (generally late at night or early in the morning) or when they are at work. Collectors can call a debt dodger´s relatives and friends to inquire about a debtor´s whereabouts, but collectors cannot bother relatives or friends to pay the money owed by the debtor.
  
  If you or your company is being pursued for unpaid bills, you may stop a collector from contacting you simply by asking them to stop or by writing a letter to the collection agency telling them to stop. Collectors are forbidden from contacting you again except to say there will be no further contact or that the creditor intends to take some specific action against you (such as filing a lawsuit).
  
  A few other rules of the collection game:
  
  · If the debtor is being represented by an attorney, all calls and letters to the debtor must go to the attorney. No postcards are allowed.
  
  · The days of the leg-breaking collector are over. Those making collection calls cannot use violence or a threat of violence, and they may not use profane or obscene language.
  
  · No collector can make a list of debtors for publication or for advertisement to coerce payment. Collectors also cannot represent themselves or the creditor as a court or government entity.
  
  · Collectors cannot misrepresent the debt or misrepresent themselves as an attorney
  
   
  
  
  
  Are you Bargain Shopping for your business? Pro-Bargain Hunter is the chosen source for hassle-free, unbiased best deals. Whether you are looking for Commercial Financing, Credit Card Processing Services Web Services, Telecommunications Products or Construction Equipment Pro-Bargain Hunter has it covered. Hot Categories: Invoice Factoring * Purchase Order Finance * Equipment Leasing Commercial Mortgage * Credit Card Processing Services * Professional Collection Services

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  Tags: Act Deals, Collection Practices Act, Filing A Lawsuit

• 29Feb

  Commercial Mortgages – Using your Assets as Collateral

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  Wildfire Marketing Group asked:

  When you apply for a commercial mortgage, your chosen lender will require you to use the assets of the company as collateral on the loan. Lending money can be a risky business and even more so in certain industries. A responsible lender will therefore make some checks about the individual business before offering to lend the money you may have applied for.

  One of these checks may be to analyse the value of the business and in particular, the value of the assets of the business as it will be they that the lender will enforce a sale of should the organisation default on the mortgage repayments. The assets can take many forms, but here we take a look at a few of the more common ones:

  - Property – commercial mortgages can be acquired using either commercial property as security or by using residential/privately owned property, namely that owned by the directors or principles of the business. The lender will look at the LTV (loan to value) of the property in question together with the repayment history on the property.

  - Plant and equipment – can play a very important role in making an application for a commercial mortgage. The working life of the plant and equipment in question, will determine their suitability for being used as collateral for a loan. For instance, a shipping company may be able to use the ships they already own, together with any plant and equipment they own and use to maintain the ships as collateral on a loan to purchase another ship. Items that have a much shorter working life are less valuable in terms of securing a loan for obvious reasons although collectively, you may be able to use them as part of the general inventory of the organisation. Such short term assets are likely to be of zero value long before any loan that you may look to secure on them has been repaid.

  - Revenue – regular income may also be welcomed by a potential lender as collateral on a commercial mortgage. Weekly, monthly, quarterly and even annual revenues are likely to be used to repay the mortgage in the first place. The lender will analyse whether the growth of these revenues, at least in part, demonstrates a lower risk than a business where revenues are static or even falling.

  What Do I Need To Do To Apply?

  Enquiring about commercial mortgages is comparatively easy these days. There are many online brokers to go to. Simply complete the online form which may only take a few seconds and you may then receive a call from a commercial loan consultant who will guide you through the process, the vast majority of which may well be handled by the broker on your behalf.

  In addition to completing, signing and returning a written credit agreement, you will almost certainly be required to provide supporting documentation. This may include things like:

  - Financial projections

  - A business plan

  - Loan type, amount required, purpose and any projected profits you think you will generate as a result of the mortgage

  - Company incorporation certificate

  - Bank account information

  - Credit references

  - Company accounts (likely to be three years)

  Dependent on the information you supply, you may find that you could have access to the funds in a matter of a couple of weeks.

  Your broker may be able to help you with a whole host of questions you may have, so always ask if you need help. It’s likely to be a big decision to go for a commercial mortgage but businesses do this every day and become more successful because of the opportunity to expand and improve their range and quality of services to their customers.

  Wade Henderson – very Professional – 15 yrs in the Business Finance Field – reputation for getting the deal done. IMMFinancial.com factoring services accounts receivable collections small business factoring factoring service cash flow financing receivables financing freight factoring medical factoring debt factoring factoring bank

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  Tags: Collateral, Commercial Mortgages, Risky Business

• 28Feb

  Top 10 Reasons to Accept Credit Cards at your Business

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  JV asked:
  
  
  Are you considering accepting credit cards at your business? Still not totally convinced? Here are our top 10 reasons why you should start accepting credit cards!
  
  1. Expand your options! Don’t box yourself in! Give your customers the option of credit cards and YOU will benefit.
  
  2. Larger purchases. People don’t just walk around with bags of cash. Credit cards enable customers to purchase more than they usually would. That means you will receive larger purchases.
  
  3. Enhanced advertising. Customers always look for indication that a business accepts credit cards. Enhance your advertising and they will be more likely to shop with you.
  
  4. No more bank trips. Or getting caught up in paperwork, or even dealing with bounced checks.
  
  5. Competitive edge. Don’t be dwarfed by the competition—keep your competitive edge! Customers will pay less attention to slight price
  
  differences and will be drawn to your business.
  
  6. Impulse buying. Draw them in with your sales. Credit cards allow customers to purchased unplanned items creating impulse buying.
  
  7. Repeat customers. Don’t settle for one-time purchases. Statistics show that customers who use credit cards tend to return to businesses more frequently.
  
  8. Increase sales. Don’t be left counting pennies. Credit card customers tend to spend up to 3 times more than customers who only carry cash. Every year BILLIONS of dollars are spent using credit cards!
  
  9. Cost benefit. Enjoy the cost benefits of using credit card processing and fly with it instead! Save money with automated journals and calculations.
  
  10. Improve cash flow. Improve your cash flow! With all of these benefits, your cash flow is certain to improve giving your more options to grow your business!
  
  
  
  Are you Bargain Shopping for your business? Pro-Bargain Hunter is the chosen source for hassle-free, unbiased best deals. Whether you are looking for Commercial Financing, Credit Card Processing Services Web Services, Telecommunications Products or Construction Equipment Pro-Bargain Hunter has it covered. Hot Categories: Invoice Factoring * Purchase Order Finance * Equipment Leasing Commercial Mortgage * Credit Card Processing Services * Professional Collection Services

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  Tags: checks, Fly, Using Credit Cards

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