Wednesday, April 29, 2009

Invoice Factoring: Hot To Finance Growth without Debt or Banks

There are few bigger challenges for business owners and managers than waiting 30 to 60 days to get paid by their customers. Although large businesses can usually afford it, smaller businesses can't afford the wait. As a matter of fact, waiting to get paid on their invoices can create cash flow problems that affect the owners ability to meet payroll or pay the company's bills. This problem can be more frustrating if the business has a number of orders that it cannot fulfill because its cash is tied up in unpaid invoices.

How can invoice factoring help you?

Invoice Factoring, also known as accounts receivable factoring, is a financial tool that allows small business owners to capitalize on the power of their slow paying invoices. It allows you to turn your invoices into immediate cash, enabling you to fund your business operations. Although it is not a well-known fact, invoices from strong credit worthy commercial clients are excellent collateral, especially for factoring companies. Although most banks won't take invoices - factoring companies are more than willing to provide you with financing based on them. This makes it an ideal financing vehicle for small and mid size businesses, as well as knowledge-based companies and employee intensive firms.

How does invoice factoring work?

As opposed to most banks that lend you money against hard collateral, invoice factoring companies buy your invoices outright. The factoring company buys your invoices and provides you with funds immediately, while they wait to get paid by your customers. Factoring is best described with an example:

1. Let's say that you sell services to Company A and Company B. As soon as you provide the services, you invoice them.

2. At the same time, you send copies of the invoices to the factoring company, who buys them and provides you with an advance payment for them.

3. The factoring company waits to get paid by your customers. Once paid, any remaining funds are remitted to your company.

The invoice factoring process can be repeated every time you invoice, providing you with a flexible line of financing that grows with your business.

How much will an invoice factor advance my business?

Factoring transactions are commonly done as a two-installment sale. The first installment is called the advance and is paid to you as soon as you submit the invoices. Advances can range anywhere from 60% on the low end up to 90% of the gross value of the invoices. The average advance is about 75%.

The remaining installment, called the rebate, is remitted to you once the invoice is paid. Factoring fees are deducted from the rebate.

The cost of invoice factoring

The cost of a factoring transaction is determined by three criteria. First, the credit worthiness of your customers. Second, the length of time that your invoices take to get paid. Lastly, the monthly factored volume.

Your cost, actually called a discount, can be as low as 1.5% or as high as 12% per transaction depending on how you fit the previous criteria.

How can I determine if invoice factoring will help me?

Generally speaking, invoice factoring will help you if you have a business that has reasonable profit margins or is growing quickly. Mid size companies with 20% or more profit margins or large companies with 15% profit margins can usually do well with accounts receivable factoring.

About the author:

Invoice Factoring Group and its small business invoice factoring subsidiary can provide you with factoring quotes at no cost to you. Marco Terry, its president, can be reached at 866-730-1922.

Written by: Marco Terry

Insurance,Fuel And Personal Finance Following the World Catstrophe

Following the increase in UK terrorist activities and the catastrophe that has hit New Orleans, it seems we are all going to have to foot the bill. The total cost of the catastrophe is currently predicted to top $25 billion (£13.6bn), however many analysts predict that the full costs could rise much higher even doubling to $50bn (£27.2bn), although with attempts to reduce the flood waters expected to take several months, it will be some time before a clear picture emerges.

Here in the UK, the effects of the disaster in the US are already starting to be felt through higher costs at the petrol pumps, as European reserves of oil which have been set aside for disaster protection are redirected to America to help their recovery efforts. Oil prices have already been rising in recent months hitting record levels as traders have pushed the price up on fears of supply problems from the Middle East as terrorism worries have grown. Last week the wholesale price of petrol charged by suppliers rose again due to hurricane Katrina and retailers say that more increases are on the way, making the £1 a litre that is being experienced in some areas inevitable across the country. Royal Dutch Shell and BP have already announced that they are set to raise prices still further in the wake of hurricane Katrina. While US motorists have to cope with fuel prices now at a record $3 a gallon, the research group Catalist has found that the average price of a litre of unleaded petrol in the UK was now 92.3p.

Ray Hollaway of the Petrol Retailers Association said, "In the coming week we are going to see increases of 3p or 4p a litre. That's unavoidable because of what happened in the US...We have to accept that the days of 80p a litre are behind us."

In addition to the actual cost of supplying fuel in the UK, the costs to consumers is further being exacerbated by the governments refusal to reduce taxation levels, and as the oil companies are to spend millions of pounds ahead of all previous expectations, upgrading UK pumps and station forecourts, to technically enable them to charge higher prices as prices spiral beyond the £1 a litre mark.

Analysts are worried that the increases in fuel prices will lead to inflation rises and decreased public spending, as suppliers transport costs increase, and experience has shown that petrol price hikes do not lead to a significant reduction in public fuel demands, but rather it leads to consumers cutting back their spending in other areas causing a slowdown in the economy.

The insurance costs of recent events have caused huge additional expenses to the insurance companies. The impact of Katrina on companies operating onshore and offshore in the Gulf of Mexico has meant that insurers such as Lloyds may be hit fairly hard, with the bill for the Lloyd's market being tentatively placed at around £1bn to £2bn. Lloyds stated that the, "terror attacks in London have had a big human cost, but our analysis suggests that the economic costs may be quite low." Despite Lloyds' claims that the effect of the London bombings has cost them relatively little financially, in light of expected future attacks and calls for terrorist activity exclusions to be scrapped, it seems likely that premium increases will be gradually introduced.

Since Katrina, and the Asian tsunami which struck at Christmas, many insurers are becoming worried about the rising costs of the increasing number of serious weather related incidences. As a consequence of the insurance payouts for the devastation and carnage wrought in Asia and by hurricane Katrina, many analysts believe it is inevitable that businesses will also face huge rises in premiums down the line. The Association of British Insurers (ABI) issued a recent report stating that, "in the UK, climate change could increase the annual costs of flooding by almost 15-fold by the 2080s under the high emissions scenario, leading to potential total losses from river, coastal and urban flooding of more than $40bn (£22bn)."

The ABI (> ) also released research findings indicating that less than 50% of small UK firms have a plan in place to ensure that their business could survive should they be hit by an emergency or disaster, and only 50% of UK households possess any life insurance with 25% of mortgage holders actually have insufficient life insurance to cover their debt therefore placing their home at risk.

With UK personal debt over £1 trillion, decreasing levels of investment through products such as individual savings accounts (ISAs), it is perhaps understandable that many see insurance protection policies as being one of the first expenses that can be put off until money is more plentiful, however it is at these times when finances are tight that these financial products are most important.

The growth of financial services such as UK based Moneynet (> ),, and combined with the proliferation of financial information provided by the likes of Which?, the Financial Times and the BBC, has helped to increase competition between insurance providers and assisted in keeping prices down. However the current outlook seems to be that prices are going to rise, but by how much is unknown until the full effect of recent events is calculated. The only thing that is certain is that it no longer matters where the disaster happens, in the end the UK consumer will eventually have to pay.
About the Author

Richard lives in Edinburgh, occasionally writing for the personal finance blog Cashzilla (> ), and likes the surrealist means of expression. Fish.

Written by: R.Green

Instant Loans Cash=Keeps Finance in Order till The Next Finance Replenishment

There is a tendency among people to keep their resources in a form that is not easily cash convertible. The arrangement holds good till the individual is faced with an exigency involving cash. This is the time when the individual is led into a tight spot; with little hope from ones own personal resources because they will take time to be converted into a liquid state. Instant loans in cash form will be the need of the time.

Instant loan for cash is also useful for individuals who have already finished their monthly paycheque and need an immediate cash replenishment to meet several expenses that demand an instant fulfillment.

So what is an instant loan for cash? Isn't this the question that is bothering your mind? If yes, then the following article will be very informative for you.

Instant cash loan is a loan, with the loan provider and the borrower forming the two parties to the loan contract. With this, the similarity of instant loans cash ends with the regular loans.

Most of the regular loans are taken in order to avail of larger resources. Secured loans, for instance put thousands of pounds in the hands of the borrower. Similar is the case with car loans, education loans and bridging loans. Instant loans cash on the other hand are taken for comparatively smaller amounts. Instant loans cash are more similar to payday loans where the amount drawn is to be used for regular small expenses.

It is also because of the minor amount involved that the fast loan in the UK is approved immediately and without much hassles. The instantaneous approval is what gives instant loan cash a distinct status. Borrowers are promised the fast loan in the UK within 24 hours. This means that they can expect a credit to their bank account by the next day of application. This is the method by which the proceeds of instant loan cash are received. It also forms a part of the eligibility criteria expressly stated by the loan providers. Other qualifying criteria for instant loan cash includes:

* The loan borrower must be employed. * Remuneration received from the employment must be deposited directly into a bank account of the borrower.

It will be important to discuss with the loan provider chosen up to what time will the fast loan be approved and sanctioned. Though applications for instant loans cash are available 24 hours through an online website, applications made up to a certain time period may only be considered during a day. If you know what is the time till which applications are considered for approval during a day, you can easily time your application.

Another distinct feature of instant loans cash is that the repayment term is small. Like in a short-term loan, one needs to repay the instant loans cash in a very small period. This may be a week, a month or a maximum of six months till which borrowers are given extension in repayment terms. This may however, differ with lenders. Some lenders are ready to increase the term of repayment when the borrower is facing certain exigencies. A shorter repayment term will be viewed as advantageous by some people who feel that paying off the fast loan UK early will be better than bearing the burden for several years.

The downside to instant loans cash is the high rate of interest that it carries. Whatever you thought to gain from a shorter term of repayment is eroded through the high rate of interest. Being a short-term loan, the higher rate of interest is no rarity. It is expected. The best method to keep the interest cost in check will be to repay it as soon as possible. If managed well, instant loans cash can help one tread through temporary periods of financial shortage as no other methods can.

Andrew baker has done his masters in finance from CPIT.He is engaged in providing free,professional,and independent advice to the residents of the UK.He works for the Secured loan web site loans fiesta for any type of loans in uk,secured loans,unsecured loans,debt consolidation loans please visit
About the Author

Andrew baker has done his masters in finance from CPIT.He is engaged in providing free,professional,and independent advice to the residents of the UK.He works for the Secured loan web site loans fiesta for any type of loans in uk,secured loans,unsecured loans,debt consolidation loans please visit

Written by: Andrew Baker

Tuesday, April 28, 2009

How You Can Use Rehab,Refinance and Cash Out as a Long Term Wealth Building Real Estate Investing Strategy

Today we are discussing a somewhat advanced strategy for you to use after you have been in the creative real estate investing business for a while. I call this "Rehab, Refinance, and Cash Out". This strategy can lead to true long term wealth and financial independence. This works very well in a buyers market like Memphis where prices have been quite flat for some time. You need to use this to augment your wholesaling for immediate income and retailing for bigger short term profits. Rehab, Refinance and Cash Out is a long term wealth building strategy and will be something you will be glad you did as it is a long term buy and hold strategy, and those are the strategies that lead to true wealth accumulation and financial independence. Let me explain how this works. You find a good middle to low end 3 bedroom home that you are able to buy from an out of state owner or other motivated seller that needs a little work and you buy at 60% of after repaired value. You buy the house using a hard money lender like and do your fix up and have a property management firm manage the property and put a renter in the house. The hard money lender will typically loan you up to 65% of the after repaired value to purchase the house which you use to buy the house and then repair it. Now that the home is repaired you obtain an investor friendly mortgage and cash out by refinancing at 80-90% of after repaired retail value and you should be doing this with properties where this strategy gives you back at least $10,000 at the refinance that you can use in your business any way you need. Do not use this money to live on, use it solely to grow your real estate business. Once you have done this strategy on 10 homes you should be able to keep finding better and better deals because you can close quickly as you have cash in hand to make things happen. More cash equals better deals and more opportunities.

By the time you repeat this strategy 20 times you should have at least $200,000 cash plus about $200,000 equity and 20 homes giving you at least $2000 per month positive cash flow whether you decide to work this month or not since you have a property management company handling things for you. With average annual rent increases, within five years that $2,000 a month should grow to $4,000 a month. In 30 years you should have $2 to 3 million plus in paid off real estate. It's a good solid long term strategy to add to your immediate selling from wholesaling, retailing and lease options that the extra $200,000 in cash will help grow tremendously.

The rent minus the management fees and all loan and other costs must leave you with positive cash flow or this strategy should be avoided. If you cannot cash out on the property I don't recommend holding it long term as you want to be able to use your best mortgages to cash out.

You can purchase using if your Equifax credit score is above 550(which is bad credit) or you have a co-borrower who has an Equifax score over 550. A good investor friendly mortgage company will give you good rates if you are at 660 middle score or above and the very best rates if your middle score is 720 or above. Your first 10 investor mortgages in your name and 10 in your spouses name are the easiest to qualify and get the best deals. After those you really need a good investor mortgage company to work with. Take the time to find the real investor friendly mortgage companies that can help you get loans for 100 properties and not just the first ten and let them have the easy ones and the tougher ones. I do recommend having more than one good lender available though, but stick to the ones that specialize in investor loans. Find out from other investors who the most investor friendly mortgage companies are to use to refinance the repaired home.

I do not advocate becoming a landlord as I do not believe this is a valuable usage of your time and energy. I highly recommend asking around and finding a good property management company that will charge you 10% or less to start out with and gradually lower that % as you add more and more properties.

I feel this is an advanced strategy as you won't see any cash in your pocket from this strategy for 4-6 months after you find the deal which is a long time to work and not see any pay. If you are wholesaling and making consistent money each month then it shouldn't matter. This strategy will magnify the profits you make in your investing business in ways you might not have imagined. This strategy is a natural progression from wholesaling as you are already helping others find these kinds of deals, now you will be able to get the cash out typical of probably 2 wholesale deals, just paid slower, and at the same time building a nice future nest egg.

About the author:

David Neese is a real estate investing author who offers a free course for real estate investors delivered by email, audio and teleseminar which you can get for free at: You can find more information about David at

Written by: David Neese

How To Use Freight Bill Factoring to Finance Your Trucking Company

There are few businesses that are as cash flow intensive as a trucking company. The list of ongoing expenses can be endless and can easily overwhelm small and medium size trucking companies. There are fuel expenses, truck repairs, rentals and salaries. Although most trucking companies are very profitable, few can afford to wait the usual 30 to 60 days it takes to get paid for their freight bills.

Unless the trucking company has a significant cash cushion in the bank, waiting 30 to 60 days to get paid can cause serious problems. It can jeopardize existing operations and furthermore, it can prevent you from growing your business. The only way to get out of the cash flow rut is to find a way to capitalize on your slow paying invoices. The best tool to do this for a trucking company is called freight bill factoring.

Freight bill factoring enables the trucking company to get paid for their freight bills within a day of invoicing, eliminating the usual 30 to 60 day wait. With a factoring agreement in place, you can stabilize your company's cash flow and eliminate the stress of not knowing when you'll be paid. Since freight bill factoring eliminates the worries of waiting for your payment, you will be free to focus on what you do best: running your business.

Who qualifies for freight bill factoring?

Most small and mid size trucking and transportation companies should qualify for factoring. There are two main requirements to qualify. First, your company must do business with reputable clients or freight brokers. Second, your company must be free of tax problems. If you meet these two criteria, more often than not you will qualify. Most factoring companies are comfortable working with new businesses, so you should be able to qualify even if your company is a start up. Best of all, you can get a financing agreement in place within a few days.

What services does a factoring company provide?

The main benefit of working with a freight bill factor is that this will provide you with advanced funds on your freight bills. That means you can get paid very quickly after invoicing. However, most factors will also provide you with collections and credit protection as part of their services. This enables you to focus your energies and your staff on growing your company rather than on expensive and time consuming back office work.

Factoring for growth

Although many truck operators initially obtain factoring financing to avert the problems of dealing with slow payers, eventually most owners realize that factoring can help them grow their business. It eliminates their biggest worry by ensuring that invoices get paid immediately, freeing up cash and enabling the owner to grow the business.

Copyright (c) 2006 - Commercial Capital LLC - All rights reserved. This article may be reprinted provided it is not modified and all links are kept intact

About the author:

About Invoice Factoring Group

Invoice Factoring Group ( can provide you with a free trucking company / freight bill factoring quote. Marco Terry, its president, can be reached at (866) 730 1922.

Written by: Invoice Factoring Group

How To Select the Best Factoring Finance Company for Your Business

What is factoring?

Factoring is an innovative method of business financing that allows clients to get an accelerated payment on their slow paying invoices. Traditionally, when a company offers its services to another business, they need to wait between thirty to sixty days to get paid. Although companies that have a large cash cushion in the bank can absorb the cost of waiting to be paid, small and medium sized businesses cannot. This can jeopardize a company’s ability to meet existing payment obligations, or worse, prevent it from capitalizing on new opportunities.

This is where factoring can be a very helpful tool. A factor can provide a company with an advance payment on its accounts receivable. The factor then waits to be paid by the clients’ customers, while the client gets use of the funds immediately. The transaction is structured as the sale of a financial right, rather than as a loan. Because of this, the factor focuses more on the strength of the customer paying the receivable rather than on the financial strength of the client. This makes factoring the ideal financial tool for new, small and emerging businesses.

Keys features when looking for a factor

Selecting the right factor for your company can be a very complex task. Given the importance of the factoring relationship to your company’s ability to succeed and grow, it is critical that you do the proper due diligence when selecting a factoring partner. Here is a list of some of the criteria that are important when selecting a factoring financing company:

· Factors’ Comfort Zone:
Almost every factor will advertise that they can work with an account that requires as little as $10,000 per month and as high as a few million dollars per month. Although that may be true in principle, the reality is that managing a small volume account is very different from managing a multi-million dollar account. Most factors tend to develop a comfort zone or “preferred specialty” when it comes to client size. When selecting a factor, always ask about the size of their typical client. Ideally, the size of your business should not be significantly below or above that figure.

· Monthly Minimums:
Most factors will only take clients that commit to transact a minimum financing volume every month. The advantage of committing to monthly minimums is that the factor will offer your company better terms. The main disadvantage is that if your factored volume drops, your company could be liable for making up the difference in fees. When selecting a factor, be sure to select one whose minimums are well below your expected minimums, or better yet, try and find a factor with no minimums.

· Recourse vs. Non Recourse:
Recourse is a term that defines the ability of a factor to re-sell the invoices back to a client if an invoice does not get paid within a given period of time. Most factors prefer to operate in recourse mode. However, there are a number of factors who offer non-recourse agreements. Under a non-recourse agreement, the factor will absorb the losses on an invoice if the account debtor becomes financially insolvent. In effect, non-recourse factors offer some protection against bad debt. Although you are generally better with a non-recourse factor, most recourse agreements work well enough.

· Contract Duration:
Typically, factoring contracts require a minimum term of one year or more. Whereas longer-term contracts enable a factor to offer you better pricing, they can also lock your company into a factoring arrangement that outlives its usefulness. Your best bet is to try and find a factor that will allow you to easily terminate a contract (giving reasonable notice) once the service has outlived its usefulness.

· Fee Structure:
Factoring fees vary significantly across the industry and are usually dependent on a) the financial strength of your customers b) your monthly volumes c) the duration of your contract and d) the payment cycle of your receivables. The fee (also known as “discount”) can be as high as 7% per month for small ticket deals (less than $30K per month) to as low as a couple of points for companies that wish to factor several hundred thousand of dollars.

· Level of Service:
A very important criterion when selecting a factoring company is choosing a company that will give you the appropriate level of service. The industry is very diverse, and there are many factors that charge very low fees and provide a very impersonal “mass approach” to service. Conversely, there are factors that provide a “high touch” level of service, for slightly higher rates. Most companies tend to choose the factor with the lowest rates (and usually lowest level of service) thinking that they will save money. In the long run, they end up regretting the decision. You are usually better off looking for a factor that offers a better service, even if it comes at a slight premium.

Should you work with a factoring broker?

One way to simplify the process of selecting a factor is to work with a factoring broker. A good broker will help you determine if factoring is the best solution for your company and will help you find the factor that is best suited to serve you. The broker will also help you position your company to a factor in the best possible way, maximizing the chances of getting the funding your company needs with the best possible terms. One of the most significant advantages of working with a factoring broker is that they will help you save time. As seen in the previous section, the process of evaluating a factoring company can be both tedious and time consuming. A broker can help you sidestep the issue since they will do all the work of finding the best factor for you. Lastly, most factoring brokers are compensated through a finders fee by the factoring company, so you will not have to pay them any fees for their service.

About Marco Terry and “Factoring Broker”

Factoring Broker is the a division of Commercial Capital LLC, a leading factor that specializes in providing working capital for small businesses. We are one of the few factoring brokerages who also owns a factoring company. This provides us with an edge when helping our clients as we have years of industry experience and know how to position clients so that a factor will view them in the best possible light. For more information, please visit our web site at or call us at (786) 206 4722.

Copyright Marco Terry -

Written by: Marco Terry

Monday, April 27, 2009

How To Refinance Your Home

Refinance Your Home - There are several reasons why you should consider
a refinance mortgage on your home loan. When you refinance your home, you can
cut your monthly mortgage payments. In addition, you can tap into your equity,
or your home value, in order to pay off other loans and credit cards. This in
turn helps you to deduct your mortgage interest from your taxes.

How to Refinance Your Home

Now that you know the benefits with home refinance, let us now go to the
steps. The first thing you need to consider when you refinance your home is the
current trend in interest rates. Most major Sunday newspapers feature this type
of information in their real estate section. Find out the current interest
rates from local dailies or online quotes. You can also contact a mortgage
broker and speak with a real person about your home refinance questions.

If this is not your first attempt at getting financing for your home,
then you probably known that there are actually several types of loans. The
second step therefore is to identify the type of mortgage you want - whether it
is fixed, adjustable, or a combination of the two. Remember that each type may
mean a different set of advantages and disadvantages for your home refinance

The third step is comparison shopping. Compare the new interest rates to
that of your current mortgage. To do this, find out what possible monthly
payments are being spoken of with your new loan.

You can use the amount you owe on the loan to calculate what the new
monthly payment would be by using a financial calculator or an online mortgage
calculator. You'll also need to know the new loan amount (current loan amount
plus closing costs, such as points, title and escrow fees - unless you plan to
pay for them out of your pocket - the new interest rate, and the number of
months of the new loan).

To find out how much you can save with your home refinance mortgage,
subtract your current monthly mortgage payment from the new monthly mortgage
payment. The remaining balance is your monthly savings.

After you get the figure for your savings, divide it into the total cost
of the loan, which includes points, title, and escrow fees. The resulting
figure is the number of months it will take for you to recoup your investment.

Then finally, determine how long you plan to stay in your home. If you
plan to live in your home longer than it will take to recoup your investment,
then to refinance your home is probably a good idea.

Tony Forster has a keen interest in living debt free having been "up to his ears" before realizing the need to take control. He has compiled an online financial article resource at

Written by: Tony

How To Obtain a Bad Credit Loan Or Refinance With Bad Credit

Many people believe that if they have a bad credit score, then they cannot get a home loan. However, this is not true, since bad credit home loans are readily available. If you have bad credit and you apply for a home loan, then more emphasis is placed on the down payment required on the bad credit home loan.

The down payments on the bad credit home loans usually range from 3% to 5%. If you do not have enough money to pay the down payment, then you can borrow it from a friend or a relative. However, before doing that, you must check with your bad credit home loan lending company, because some companies do not allow this. Once you finance your home, you should be able to get a second and a third mortgage, and then you can repay your friend or relative.

If you do not want to borrow money to pay the down payment of your bad credit home loan, then an alternative is to look for a down payment assistance program. These programs legalize down payments, which otherwise are usually illegal.

To easily convince the lenders to provide you with a bad credit home loan, you must try and improve your credit rating. To do this, you must make sure that you pay all your bills on time, and buy a major credit card, if you do not have one. Also, you must keep a check on your credit score and credit report.

In deciding whether or not to provide you a bad credit home loan, the lending companies focus on a number of factors such as loan-to-value ratio, monthly income, and debt-to-income ratio. However, there is always a scope of negotiation, and thus you should not hesitate in negotiating for more favorable terms on the bad credit home loan.

How to Do Bad Credit Refinance

You may have heard that people with bad credit can't get anything financed. Well that's a myth because there are many companies that will offer you refinancing and loans no matter what your credit rating looks like. Therefore how to do bad credit refinance is not a problem. But how can one tell if they have bad credit? The major indicators of whether or not you have bad credit are the following:

*If you have a FICO score of 620 or lower *In the past 12 months you have had two or more 30-day delinquencies *Or in the past 12 months, you have had a 60-day delinquency *If there has been a foreclosure or a charge off against you in the past 12 months *If you have filed for bankruptcy in the past 60 months or have been declared as bankrupt *If you're debt-to-income ratio is 50% higher (simply stated your income can't cover the debt expenses)

It's best to know your credit scores before you make a decision how to do bad credit refinance any other loan. The other areas to look for are the loan amount that you are seeking, credit reputation that you have (that is your credit score and your history), and the collateral that you willing to put up (roughly the amount that equal to your loan amount), and of course the ability that you can pay back the debt. Therefore lenders always prefer lower score borrowers than those with higher scores.

Look for lenders who process loans in-house rather than outsourcing for credit refinance. This saves time as well as money. Also, look for experienced loan counselors who can give you the best advice. Some companies will also offer you the facility to check for the status of your loan online 24/7. Shop around for rates and various terms and conditions. The longer you shop, the better chance you will have of finding your ideal refinance package.

With online Internet access you can easily shop and compare companies who are very competitive to earn your business. Today's consumer are now empowered because of the many websites that are availble to get a bad credit home loan or a bad credit refinance.

About the author:

Dean Shainin is a consultant specializing in home loans, strategies for loan financing, home equity loans, and consolidation loan information. To see a list of recommended loan companies, tools, resources, free quotes and information, visit this site: target=_blank>Bad Credit Refinance Home Loan

Written by: Dean Shainin

How To Find Low Mortgage Refinance Rates While Rates are Rising

2 years ago bargain mortgage rate shoppers are on a refinancing spree. While many homeowners seeking to reduce monthly payments and overall rates have secured unbelievably great deals, others have gotten the short end of the stick. Now that rates are rising the question is how can you refinance your home without getting burned?

The key to successfully locating low home mortgage rates is making use of online lending marketplaces. These marketplaces are like highly competitive auction houses. Lenders seek to win the users business by offering competitive rates, fees and incentives.

The fist step is finding out how much you can afford. This largely depends on your credit score. A helpful site called "How Stuff Works" at explains "Your credit score doesn't just affect whether or not you get a loan; it also affects how much that loan is going to cost you. As your credit score increases, your credit risk decreases. This means your interest rate decreases."

Mortgage Loan Search at provides articles tips and tools to help users see how to get around various loan fees and added costs as well as how to make several lenders compete for your business.

Personal finance resources aim to help the user understand the lending process from a consumers perspective. Once such site is RefinanceLoanRates at This site features articles such as:

Is Now A Good Time To Refinance?

StreamLine Home Refinance Programs

15 Reasons To Refinance Your Home

Advantages of Cash Out Refinancing

It is always best to read news, tips and guides to be better informed about the lending marketplace as well as how current housing and economic trends will impact your money. Consumers should consult their mortgage professional to find out if these programs will work best for them. Because rates are beginning to rise loan rate shoppers seeking low rates for refinancing or home buying should not delay preparing to lock-in rates at today's lows.
About the Author

Mark Askew is founder and editor of the Mortgage Loan Search Network at An extensive financing and refinancing resource with tips and guides for rate comparison, establishing and repairing credit, lowering interest rate charges and monthly paymets and finding bargain loan deal online.

Written by: Mark Askew

Saturday, April 25, 2009

How to Finance Your Dream car

Have you thought about getting a better car? Ever thought of driving your own sports car? Want to purchase the latest car model?

Why wait when you can do so now! Most people do not realise that they have capital locked up in their property which could be used for buying that special car of their dreams.

Release the capital tied up in your home with a home owner loan. The loan can be used for any purpose, and is available to anyone who owns their home. Home loans can be used for any purpose such as, new car, home improvements, pay of store card or credit card debt and debt consolidation.

Home owner loans are available for practically any reason. One of the most common types of home owner loans on offer are debt consolidation loans where the objective is to reduce monthly outgoings to a more manageable amount.

A UK Home Owner Loan is great if you want to raise a large amount; are having problems getting an unsecured loan; or have a poor credit history. Many lenders look more favourably on people who are home owners as this demonstrates a commitment to repay a large amount of money over a long period.

A UK Home Owner Loan is a cheap, low cost, loan secured on your UK home. It frees up the equity in your home for you to use on whatever you want.

You may freely reprint this information on your website provided the following caption remains intact.

“This information courtesy of Click here to see full range of loans.”

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available online secured loan via the website. To find a loan that best suits your needs visit

Written by: John Mussi

Friday, April 24, 2009

How To Finance Your Business When The Bank Says No

Do you own a growing business that needs financing? If you are like most business owners, whenever your business needs money you head over to the bank. Unfortunately, as most small business owners soon find out, most banks do not lend money to businesses unless they have significant collateral and a history of successful operations. This presents quite a challenge for business owners.

When banks are not an option, small business owners turn to what is known as the alternative financing funding market. Although the financing options discussed in this article fall under the alternative financing category, they are actually quite widely used and should be considered mainstream. Most major companies (including public companies) have used this alternative financing at one time or another during their growth history.

Most of the tools described in this article can only be used by businesses that are already in operation, and whose main requirement is working capital. Although startups can benefit from these tools, the companies will need to be in operation for a little while and have a growing list of clients.

General Invoice Factoring

Invoice factoring (also known as accounts receivable factoring) is ideal for business owners who cannot afford to wait 30 to 90 days to get paid by their clients. It allows a business to sell invoices from commercial customers to a financing company for immediate payment. The financing company buys the invoices at a discount and waits for the customer to pay.

The main advantage of factoring your invoices is that the financing company makes its decision using the credit of the payer, rather than yours. That means that if you own a small company that is doing business with a large credit worthy company, you are almost certain to have the transaction approved. Another advantage of factoring is that it does not have set limits like lines of credit. The level of financing is limited only by the amount you sell to credit worthy clients. General factors can work with most industries, although there are two main industry subspecialties - freight bill factoring and medical factoring.

Freight Bill Invoice Factoring

Trucking companies tend to be very cash hungry businesses. The owners need money to pay their drivers, pay gasoline and pay suppliers. However, most trucking companies also work with a high volume of freight invoices from credit worthy clients. That makes freight bill factoring an ideal solution for their cash flow issues. Just like in general factoring, the factoring company buys the freight invoices from the trucking company for immediate cash.. Furthermore, the risk for these types of transactions is lower than in general factoring. This means that trucking companies can qualify for preferential financing terms.

Medica l Factoring

Most medical industry businesses (doctor's offices, hospitals, medical testing centers and medical supply companies) make the bulk of their earnings by billing 3rd party insurance companies, Medicare and Medicaid. Unfortunately, insurance companies are notorious for paying their invoices in 30 to 90 days, creating cash flow problems at the medical office. Factor ing medical offices is a subspecialty of general factoring. Given the complexities of the insurance industry, it usually requires the participation of a factoring company with extensive industry experience.

Generally speaking, the medica l factoring company will provide you with financing based on your NET collectables rather then your gross collectables. They will also need to be part of the billing process, to ensure that they finance the right amounts. Due to its complexity, medical factoring is only accessible to medical businesses making at least $100,000 a month. However, if your business qualifies for it, you will find that it is a great tool to streamline your cash flow and grow.

Purchase Order Funding (a.k.a PO Financing)

Most distributors and import/export companies tend to be very cash hungry businesses, in part because of how the sales process works. Usually, the process starts when the distributor gets a purchase order (PO) from a client. They then purchase the items from their supplier, who then drop ships it to the end customer. This works well as long as the company has enough money to pay the suppliers and wait for their clients to pay for the product. However, sometimes a payment can take up to 60 or 90 days to arrive, creating a big cash flow challenge for the distributor. Other times, the company may become too successful and get a purchase order that is too big for them to finance. In these instances, the company should consider purchase order funding financing. With PO financing, a finance company handles your supplier payments and ensures that the goods are properly delivered. Once the client pays for the product, the transaction is settled and all parties are paid. PO funding is a product that truly allows you to grow your company - sometimes exponentially - while using someone else's money.

Copyright (C) 2006 - Commercial Capital LLC - All rights reserved. Article MAY be reproduced provided it is not modified and it is published with live links.

About the author:

About Invoice Factoring Group

Invoice Factoring Group can provide you with an accounts receivable factoring, PO funding financing,

How To Finance or Refinance for a Motorcycle Loan

If you want to get a loan for your motorcycle or refinance a current loan, follow our simple advice to get you back on the road. Never mind public opinion, obtaining a motorcycle loan can be a straightforward and easy process if you follow the correct procedure. The refinance company or motorcycle loan company can usually get back to you straight away to offer you their best interest rates. When you know what interest rates and repayments will be you can then calculate accordingly how much this will cost you. If you can afford this and think it is at a good rate then you have got another step underway. Check the terms and conditions to make sure there are no hidden costs or extra add ons. When you have found the best package to suit you, then you can send in your application online or over the phone. Even after the application is sent in, you do not have to commit to this. The company will make a customised package for you to work from. It is recommended to stay with you current company if the interest rates will not help you save money and reduce fees or penalties. Many people can usually obtain a secure interest rate if they refinance so it is always good to send applications in so you can compare different companies and find the best one for you.

Getting the best motorcycle loans rates

The number of months the loan is for, your credit report score, and the price you pay in total for the motorcycle are all factors that can determine the final rate of interest of your motorcycle loan. The company that may lend you the money will rank your credit history is the main criteria of your loan rate. The less you have to pay in interest rates the higher your credit score is. It is ideal to check your credit rating before you apply for a loan and make sure all information is correct or otherwise you may be paying a lot more than you should have to. The number of months you apply to pay of your loan could determine whether you pay more or less. The longer the months the more interest that will be paid. A motorcycle loan taken out for 6o months will have a lower monthly interest rate than a 36 months loan but the overall total for the 60 month loan will be larger. The price paid in total for your loan including dealer adds ons can also determine interest rates. When you research and know the value of your motorcycle you can stop yourself from overpaying the motorcycle loan payments. If you are buying a new motorcycle check the dealers invoice or price he paid for the motorcycle is before you head to the dealer. The best price is between the dealers price and the dealers invoice price. The dealer will always add money on so they can make a profit but it is far greater than the price they brought it for. Lowering the price of your motorcycle could mean lowering the repayments too. When purchasing a used motorcycle from a local dealer be aware that the dealer will price the motorcycle at the highest value and this may include the cost of the dealer having the motorcycle reconditioned. Try to find a compromise with the dealer on what is a reasonable price for a bike in your area. The dealer has an asking price is always far more than they may have paid for it, as they like to make a heavy profit. Look around and check out all motorcycle dealers to find a deal that is best for you. When a dealer offers you an option that may be not necessarily needed, take account that this will add to the total value of the motorcycle and increase the repayments and interest rate. Some options that you may be asked to take are sales promotion fund, paint sealant, freight expense, assembly charge and dealer advertising association holdbacks. Compare the best deals that may include these options for the best deal for you. Some options can be removed for an even better price on your motorcycle.
About the Author

Claire Calkin operates several websites featuring motorcycle loans and finance.

Written by: Claire Calkin

How To Finance and build your Dream Home

If you have always dreamed of building and living in the home you've helped design, it's time to seriously consider putting your dream into action. In today's mortgage market, a specially designed loan for just such a homeowner, the construction to perm loan, includes the construction loan to build the house, and the permanent loan to purchase the home. Mortgage lenders used to offer this as a two part process, first financing the construction loan and building the house, then obtaining another mortgage to purchase the home. There were two closings, and two sets of closing costs with this type of loan. The construction-to-permanent loan allows for one application process, one closing, and one set of closing costs and is simpler, cost-effective, and less stressful for the applicant. Some construction to perm loans allow custom building of a home with an adjustable low payment during the construction process. For those who may have purchased a piece of land, or intend to buy a piece of land then build on it, this informational article will show you how to finance the custom built home before it's built. When choosing a lender and a builder, take the time to find viable partners in your custom building project who share your vision for your dream.

Lots for Building Custom Homes It is often best to select a finished lot. This means the lot is equipped with water and sewage systems, electricity, and road access. The lot should also be recognized as a single piece of land and have a boundary designation recorded with the county or city.

Finance Your Custom Built Home with a Mortgage Broker Breakwater Mortgage, in Virginia Beach and Williamsburg Virginia, is a Mortgage Broker. Mortgage Brokers have a wider variety of loan programs for consumers to select from. Visit a mortgage broker for the most competitive deals on a construction to perm loan. The lender will want to investigate if the land is appropriate for building by reviewing the land survey and building plans first. They will also check to see if the contractor is on the approved list of builders. If not, the selected builder will have to submit an application to become one.

Select the Builder of Choice for Your Custom Built Home Many of the larger name builders are already approved for many lenders. Ask the lender if your builder is approved. If not, most private builders and architects can easily apply through lenders. Each lender has different criteria for builders. If the homeowner is not satisfied with the builder they have selected, many loan programs allow them to fire the builder and begin with another approved builder. This gives the homebuyer power over their own destiny during the custom building and construction process.

Consumer Highlights for Construction to Perm Loans Construction to Perm Mortgages are written for primary and secondary homes. They are not allowed for investment property. Construction to Perm mortgages are not written for modular, pre-fabricated, or manufactured homes, either. One unit is allowed per mortgage. The construction term of the loan is from six months to 12 months, with exceptions up to 18 months on some products. Ask your mortgage loan officer about subordinate financing. There are also creative financing options available for homebuyers who want to put the minimum down and pay a low interest only payment while the house is being custom built.

Lender Requirements for Construction to Perm Financing Lenders require standard credit documentation and high credit scores for construction to perm financing. Lenders also request: 1. Final plans and specifications (needed to obtain appraisal) 2. Purchase contract for lot (or settlement statement if already purchased) 3. Property profile (a description of materials for custom building). 4. Line item cost breakdown from the builder 5. The builder's construction contract 6. A copy of the builder's license 7. The builder's statement or application (showing the company as approved or applying to be approved to build a home). In addition to these documents, it is essential that the homeowner obtain the necessary permits to build in the community.

Benefits of Construction to Perm Financing Construction to Perm loans are a single close loan, and the consumer obtains financing before construction. This gives the homeowner cash to pay the builder and complete the construction. Construction to Perm is a fully amortized loan. Nothing changes in the term - it's one mortgage. One of the greatest advantages to the homebuyer with this type of home financing is some lenders allow interest only payments while the home is under construction. This gives the homebuyer a low payment option in the beginning while living somewhere else. Once the home is occupied, the mortgage payments are changed to principal and interest payments.

Financial Suitability for Custom Built Homes High credit scores are important to lenders for construction to perm mortgages. Liquid assets are also carefully scrutinized. For homebuyers interested in construction to perm financing, the lender will look for adequate savings to pay for the mortgage during the construction period of the loan.

Down Payment Expect a 3-10% down payment to be required, depending upon the loan amount for the construction to perm financing. Smaller pieces of land or smaller loan amounts will require a lower down payment.

From the vantage point of the loan officer, construction to perm loans are a win-win situation. The homebuyer is purchasing a loan they feel comfortable with. They have a reasonable payment during construction, and business with the lender is concluded at the time the loan is made. This type of loan allows the person building their custom dream home to take control over their biggest asset during the most critical phase: construction. With financing in place, the borrower can make sure the final product is exactly what they want it to be.
About the Author

Sherry Guard worked at Beneficial Finance as a loan officer prior to joining the Breakwater Mortgage team. Sherry has an honest and straightforward business style. She believes in treating her clients with the integrity she would expect in any business transaction. E-mail Sherry at or visit

Dan Wood is a Managing Director and Sales Manager at Breakwater Mortgage. He has been a

Written by: Dan Wood and Sherry Guard

Tuesday, April 21, 2009

How To Finance A Small Business

Confused by how to finance a small business? One key to a successful business start-up and expansion is your ability to obtain and secure appropriate financing.

Raising capital is the most basic of all business activities. But as many new entrepreneurs quickly discover, raising capital may not be easy; in fact, it can be a complex and frustrating process. However, if you are informed and have planned effectively, raising money for your business will not be a painful experience.

This guide focuses on ways a small business can raise money.

There are several sources to consider when looking for financing. It is important to explore all of your options before making a decision.

Personal savings: The primary source of capital for most new businesses comes from savings and other forms of personal resources. While credit cards are often used to finance business needs, there may be better options available, even for very small loans.

Friends and relatives: Many entrepreneurs look to private sources such as friends and family when starting out in a business venture. Often, money is loaned interest free or at a low interest rate, which can be beneficial when getting started.

Banks: The most common source of funding, banks, will provide a loan if you can show that your business proposal is sound.

Venture capital firms: These firms help expanding companies grow in exchange for equity or partial ownership.

It is often said that small business people have a difficult time borrowing money. This is not necessarily true.

Banks make money by lending money. However, the inexperience of many small business owners in financial matters often prompts banks to deny loan requests.

Requesting a loan when you are not properly prepared sends a signal to your lender. That message is: "High Risk!"

To be successful in obtaining a loan, you must be prepared and organized. You must know exactly how much money you need, why you need it, and how you will pay it back. You must be able to convince your lender that you are a good credit risk.

You may freely reprint this article provided the author's biography remains intact:

About the Author

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the website.

Written by: John Mussi

How to Finance A New Extension for Your House

Want to improve the look of your property? Want to add value to your property?

The extension plans are ready but the finances are not.

Rather than waiting another year why not consider a Home Improvement Loan.

Make the dream become reality with a UK Home Improvement Loan.

Are you planning an extension to your home, a new kitchen, would you like to have double glazing, a new conservatory, patio, or a new heating system, or are you undertaking the general up keep of your home but finding it hard to pay for?

A Home improvement Loan could be the easiest and cheapest way to make improvements to your home.

A UK Home Improvement Loan is a low cost, low rate, cheap, low interest loan secured on your UK property. As the home owner, it frees you up to do whatever improvements you want on your property.

With a UK Home Improvement Loan you can borrow from £5,000 to £75,000 with low monthly repayments. The loan can be repaid over any term between 5 and 25 years, depending on your available income and the amount of equity in the property that is to provide the security for the loan. Home Improvement Loan rates are variable, depending on status. Your monthly repayments will depend on the amount borrowed and term.

A UK Home Improvement Loan can help you with:

An extension or loft conversion

A new kitchen

A new bathroom

A conservatory

Landscaping your garden

New furniture

You may freely reprint this information on your website provided the following caption remains intact.

“This information courtesy of Click here to see full range of loans.”

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available online secured loan via the website. To find a loan that best suits your needs visit

Written by: John Mussi

How To Finance a Business for Your Children

First, how not to go about it:

A cash loan is not the way to go.
Neither is signing as surety for a bank loan
A gift of the amount required? Again, not the best approach
But these are the three most common but wrong ways by which parents try to help their children get started in business.

So what is the best way?
For US residents and citizens, Internal Revenue Code 1244 provides the answer.
If you give your daughter $50,000 say to start a new venture, and the business goes belly up with the loss of the $50,000, there is no way that the IRS will allow you to claim this loss as a deduction.

Or suppose you loan her business $50,000. Again, if things do not work out, the business will keep paying you the interest until it runs out of cash, leaving you with a worthless note.

Tax-wise, you have a capital loss, which is deductible at the pitiful rate of only $3,000 per year against your ordinary income. Or you can use the loss to offset capital gains.

The same sad tax fate, a capital loss, results if you sign as surety and must pay Sue's $50,000 loan from the bank.

Tax-wise, a gift to your daughter is even worse. The $50,000 is hers. As a result, the tax loss is hers, not yours. Under the circumstances, chances are that Sue has little or no income, and the loss is almost totally wasted.

Note too that a loan or a bank surety is often questioned by the IRS. Why? The IRS contends that the $50,000 was a gift because you never intended to try to collect in the first place. You had no reasonable expectation of being repaid is the way the IRS puts it.

But now let's look at IRS Section 1244 - the right way.

Section 1244 allows you to claim an immediate deduction for a loss on stock in a small business corporation. Your loss is fully deductible against ordinary income, rather than a limited capital loss.

And you can claim a maximum Section 1244 loss of $100,000 (joint return) in a single year or $50,000 on a single return
The maximum amount you can claim as a Section 1244 loss in a single year is $100,000 on a joint return or $50,000 on a single return.

So instead of a gift, a loan or a bank surety, you and your daughter set up a corporation for her new business. You get $50,000 of stock in the corporation that qualifies for Section 1244 treatment. Your daughter, who runs the business, draws a salary
If the business succeeds, your daughter can gradually buy back your stock (or, better yet, you can gift it to her) over time. Any profit you make on the buyback will be a low-taxed capital gain.
If the business fails, your loss will be fully deductible under Section 1244 (up to the $100,000/$50,000 limits).
Here's another nice thing about Section 1244: The tax benefits are easy to get. The beneficial tax treatment is automatic and no written plan is necessary.

A final point: Section 1244 is the way to go not only for your kids, but also for your spouse who might want to start a new business. And the same strategy applies if you want to venture into something new while keeping your present business.

SEO Solutions and one-way link publicity services provided by Link Acquire.

David C Skul - CEO

and Relativity, Inc. can provide global market exposure and solutions.

About the author:


Written by: David C. Skul

How To Finance Business

How to finance a business is one of the main concerns that every new business person has to resolve. There are two main ways of financing a business, equity financing and debt financing.

The majority of start-up or small businesses use limited equity financing. As with debt financing, additional equity often comes from non-professional investors such as friends, relatives or colleagues.

However, the most common source of professional equity funding comes from venture capitalists. These are institutional risk takers and may be groups of wealthy individuals or major financial institutions. Most specialise in one or a few closely related industries.

Venture capitalists are often seen as deep-pocketed financial benefactors looking for start-ups in which to invest their money, but they most often prefer three-to-five-year old companies with the potential to become major regional or national concerns which will return higher-than-average profits. Venture capitalists may scrutinise thousands of potential investments each year but only invest in a few.

Different venture capitalists have different approaches to management of the business in which they invest. They generally prefer to influence a business passively, but will react when a business does not perform as expected and may insist on changes in management or strategy. Relinquishing some of the decision-making and some of the potential for profits are the main disadvantages of equity financing.

Banks are one of the most common sources of debt financing. There are many other sources for debt financing including: savings, loans and commercial finance companies. It is also possible to ask for funding from family members, friends or colleagues, especially when the capital requirement is small.

Traditionally, banks have been the major source of small business funding. Their principal role has been as a short-term lender offering demand loans, seasonal lines of credit, and single-purpose loans for machinery and equipment. Banks generally have been reluctant to offer long-term loans to small firms.

In addition to equity considerations, lenders commonly require the borrower's personal guarantees in case of default. This ensures that the borrower has a sufficient personal interest at stake to give paramount attention to the business. For most borrowers this is a necessary evil.

You may freely reprint this article provided the author's biography remains intact:

About the Author

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the website.

Written by: John Mussi

Saturday, April 18, 2009

How To Clean Up Your Personal Finance

Are you one of those people who doesn’t open their bank or credit card statements? Do you take out store cards on the spur of the moment? Have you been with the same bank simply because it is less hassle than changing?

If you have answered yes to any of the above questions, fear not confused consumer, help is at hand, with some assistance from a few internet tools.

* Internet tool number one:

** The consumer champion site for personal finance information

Websites such as, and have proved extremely popular with consumers. is more geared towards the US market, whilst focuses on the UK market. Both have an extremely diverse selection of information from investment and high risk options to personal finance and low risk options. There are extensive discussion boards, newsletter subscriptions, finance calculators and competitions. These sites not only answer your questions, they make you want to ask more., and are community based sites and function on consumers exchanging information between themselves, whether that’s about passing on recommendations or expressing concerns. The article “Ten Reasons To Fear The Future” by Cliff D’Arcy” on is a particularly good introduction to the financial aspects of modern life.

Martin Lewis has almost become a household name in the UK through his website Moneysavingexpert. The outspoken journalist and presenter offers a comprehensive resource on a range of personal finance topics. If you can put up with the cheesey photos of Mr Lewis and his catalogue poses, you will undoubtedly find this site extremely helpful.

* Internet tool number two:

** The price comparison site for personal finance information

Kelkoo, and (US) are now commonly exploited by consumers to ensure they are getting the best deal on their purchases. However, it is probably fair to say that more people shop around for clothes and music, than they do for their personal finance products, which is worrying as these cost significantly more.

* Internet tool number three:

** Online banking and account aggregation tools

The internet can be a scary thing and there is still much scaremongering about online security. However your details are often as secure online, as they are offline and providing you choose and hide your password effectively – there should not be a problem with people accessing your confidential information. Choose a password of eight characters or more, preferably replacing some letters with numbers, such “1nternet” or “passw0rd”.

Set yourself up with online accounts and you can proactively manage your finances yourself, without waiting for statements through the post or call centre agents to take your query. You can also save yourself bank charges by transferring funds yourself over the internet. Some banks charge large amounts for transferring funds when you can do it for no additional cost at all.

Personal finance doesn’t have to be about debt and the efficient co-ordination of funds may save you hundreds of pounds in the long-term.


The Motley Fool UK

Personal Finance Information


About Rachel

Rachel would be really interested to get feedback on whether anyone actually reads this section. Rachel has written about living in straw huts, having the ‘Best Hits of 1987’ in her music collection, eating Green and Blacks chocolate and the fact that on her left foot - her second toe is bigger than her big toe. If someone feels like rescuing Rachel from obscurity, she would be grateful for an e-mail out of here.

Rachel also writes for the personal finance blog Cashzilla – A mighty personalfinanosaurus lives here - rargh

Don’t spam it though or she’ll eat you.

Contact details

Rachel Lane

Cashzilla personal finance blog

Written by: cashzilla

How To Choose The Right Havanese For You

The sweet, playful expression of the Havanese has caught your eye. You are hooked by their fluffy fur and affection. You excitedly scope the classifieds and internet for a Havanese breeder. You can't wait to bring home a new puppy today!

Slow down. Take a moment and breath. Don't be too quick with your decision. It is optimal to find a Havanese that has the personality, physicality, and connection that is top notch. Therefore, it is beneficial to take the following factors into account before selecting your specific Havanese.

While purchasing a new dog can be emotional, do not let your emotions outweigh your practical side. You will have your dog for their entire life which can be close to 20 years with a Havanese. Therefore, you want to make sure that you find the Havanese that is going to fit in with your family and enjoy its new home. You must think about your dog's needs as well as your own.

Set a goal to make an informed decision when choosing your Havanese. The following are some of the issues you need to take into account when you are faced with several different sweet Havanese puppies to choose from.

The issues you should consider when searching for a Havanese include:

* finding a high quality breeder This is probably one of the most if not the most important considerations to make before you choose your Havanese Puppy. Choosing the wrong breeder may mean you either buy a puppy that is not Pure Havanese, or one which may not be as healthy as you would like and end up costing you enormous in Vet bills.

* male versus female This, for many remains a personal decision. Whether you prefer a Male or Female Havanese puppy is up to you and what you are looking for in a puppy.

* age of the Havanese There are many owners who for some reason or another no longer want their Havanese and give them up. This means there are many older Havanese dogs that are waiting for a new owner. You have a choice when you buy your Havanese. You can either choose to buy a puppy or rescue an older dog.

* temperament/personality When you visit each Puppy you are trying to choose between, you will certainly notice that they each have their own personality. You will need to have an idea as to what temperament or personality you are looking for in your new puppy.

* health of the Havanese To save you expensive Vet bills and possibly heartache, it is important that the Havanese you choose is as healthy as can be. This also goes back to making sure you choose the right Havanese breeder.

These are practical issues that must be evaluated so as to avoid any troubling situations or unmet expectations in the future.

About the author:

Fiona Kelly is a passionate Havanese owner that has uncovered exactly how to have the perfect, happy, healthy and best behaved Havanese. If you're interested in the Havanese then you must visit her web site at e.html The Author grants you permission to re-print or re-publish this article so long as it remains unchanged and all links remain present and active.

Written by: Fiona Kelly

How Small Businesses Can Outperform Well-Financed Corporation

Online, Big Corporations spends huge amount of money on, site building, online survey, advertising, search engine optimization, etc., to attract traffic. But they cannot reach all online surfers, they cannot give them one-on-one customer support.

This is where you come in.

Without spending a fraction of Big Corporation's huge expenses, you can beat them flat, and have a better, profitable online business.

Listed below are the do-able steps you are to follow. Remember, all the steps become a child play when you apply the right tools.

(1.)Develop A Valuable Product Or Service: This could be your own creation or someone else's. Your product must be in hot demand, what people are looking for, and what they are willing to pay for. This is the foundation of your business. It determines whether you succeed or not.

(2.)Develop Your Own Site In The Niche That You Know And Love: You need a professional website that tells the world what you are offering. Even though you can hire a professional to do this, to enhance your credibility, it could be very expensive.

With multi-functional tools like SiteBuildIt! you can do site building, site hosting, site marketing all together at a minimal cost, without HTML, programming skills or any extra software.

The products/services offered on your site must be in the area that you know, your hobby, your life or work experience.

(3.)Fill Your Site With High-Value Content: Online surfers are looking for information on various issues bordering them, and they don't usually know who or what they are looking for.

How glad and relieved they are when they find a site providing exactly what they want, or more. They don't care whether the site is built by a Big Corporation or an internet dummy they go for the info and products on the site.

Do a lot of research on the products/services you are offering and your target market and bring out high-value content that overdelivers to your site visitors.

(4.)Use Your Content To Attract Your Own Niche-Targeted Traffic: This is what Big Corporation don't do, and is what you can do with the right tools. Your content should be search-engine friendly. Most surfers look for information from search engines, let it be your own that they find by working towards making your site's pages included in the top 10-20 results.

You can use your content together with any other simple, easy to use business building tool to get search engine optimization, free targeted traffic from around the world, through search engines.

(5.)Use Your Content To Presell Your Targeted Visitors: You need to develop trust and cofidence with your visitors by writing your site content with their best interest in mind, not just writing sales letters.

They must see you as a solution provider, a business consultant, a helper not a salesman. This is the art of preselling, it works far better than filling your site with flashing banners.

(6.)Convert Your Presold Traffic Into Sales Or Contract: Create an "open-to-buy" mindset and smoothly introduces your visitors to your monetizations offers. Let them know that your products/services is the solution to their problems.

They are more inclined to buy from you now because they have come to trust you as a friend offering them a valuable gift.

You may need "Make your Content Presell" a book by Ken Envoy to help sharpen your skills in the art of e-persuasion.

(7.)Diversify Your Revenue Plan: (ex., Google Adsense, Affiliate income, Referrer/finder arrangement, other models, etc.), all related to your site's theme-based content.

The process is simple, information first income generation second.
About the Author

TopeNelson Ola is a Business Building and Marketing Expert. His website located at reveals the tools and processes for unequal online business success and making multiple streams of income. You can also download free ebooks on Netwriting, Trafficking,etc.

How Online Surveys Finance My First Website

Online surveys alone financed my first web site. Getting paid to take these online surveys is a win-win situation. Large companies want your opinion on their products and services and they are willing to pay you for it. These online surveys give them good insight into their target market, people like you, so they win. You win by getting paid for your time.

It all started about 5 months ago when I had finally decided I wanted to start my own online business. I have a full time job, a stay at home wife, and a 15 month old baby boy. I had no extra money, as you can imagine, and didn't want to risk my hard earned salary without knowing if this venture would work. With no idea on how to go about starting an online business and with no startup capital, I did what all web surfers do; I surfed, and I surfed, and I surfed.

During the course of my research I ran across some ads for taking online surveys and getting paid for it. I was skeptical at first, but when I researched the companies that offered online surveys I found a few that were for real. So I signed up with 3 of the sites.

Once you sign up you fill out some easy questionnaires about yourself so the survey company can match you with one of their clients looking for your demographic profile (e.g. age, sex, where you live, what you do, etc...). Easy enough, still free, I filled out my profiles and that was it, they let me know that they would contact me when a survey that fit my profile was available.

Without skipping a beat I went back to my research. It was becoming more and more evident that I would need to learn a lot more before starting my own Internet business. I decided that for any business venture you should be as prepared as possible. And I still had no extra money to even give it a try. I was still in my hunting and gathering phase.

Then one night while surfing the net, I got an email telling me that a $10 survey was waiting for me. Great! I logged into my account at the survey site and clicked the link to start the survey. It took me about 20 minutes. This particular survey company pays directly to your PayPal account (it took a couple weeks to see the money, but I did see it.)

I was hooked. Over the next several months I received more surveys. There are times when you don't qualify for a survey. This could even happen a couple times in a row. Don't worry they will keep sending them and you will qualify for a lot of them.

About 4 weeks ago I decided I knew enough about web sites, web site hosting, web site promotion, newsletters, and most of the basics of starting my own site. So I logged into my PayPal and found $32 (all from surveys), and logged into my other 2 survey sites, $20 dollars in one account and $45 in the other. I had my startup money!

Taking these surveys enabled me to start my own business online using only the money I made online. No out of pocket money was needed to set up my site, get my domain name and start a hosting plan. In reality this is more than enough money to start a website backed business. I used only my PayPal money to set up my web site, and not all of it. Yesterday, I deposited $40 of survey money into my checking account and then transferred it to my PayPal account. I now have a little war chest for financing my online business.

Online survey companies (the real ones) don't charge you to join, don't spam you when you do (I only get invitations from them, nothing else), and pay you when your done. It can take up to 4 weeks to get paid (sometimes less sometimes more). For me this was not a problem since I was not yet knowledgeable enough to start my web site.

I still spend most of my time surfing and learning but I also understand the concept and dangers of procrastination. I did take my time getting started based solely on financial reasons, now that I have the money to get started that is exactly what I am doing, getting started!

I want you all to know that making money online is a reality. Surveys will make you money, I still take them as soon as they hit my inbox, but you will not be able to quit your day job. If you don't give up and hang in there you can start your own web business without touching any offline money. If you don't want to start a business then buy yourself or someone a gift with the money you earn. It truly is easy money!

About the author:

Jason Glicken - Editor - The Affiliate Journal

Copyright 2005 - All Rights Reserved.

Create start up capital completing FREE surveys online.

www.theaffiliatejournal .com

Better to be a doer than a dreamer...

Written by: Jason Glicken

How Banks Can Help You Improve Your Personal Finance.

If any institution is known for managing finance, it is banks. This is why many people seek advice about personal finances from professionals at their local bank. Banks can provide you with personalized finance solutions. They can help you better manage your finances.

Talking to a bank advisor can often help you find out what financial solutions are available and how can these solutions can work to your benefit.

In order to boost your confidence in your personal finances and your future, you need to understand your goals and needs. When you thought throughwhat you really want your personal finances to look like, you can go seek help from your bank.

Even if you have a concrete plan that includes all your wants and needs, but only a vague idea about what your financial future looks like, you should still drop in for help. They are there to guide you in your quest for personal financial liberation. They are there to help you--and you should utilize their services: that's what they are there for.

They are not the enemy. They are committed to helping people who seekhelp in financial matters.

Look at your current personal finance situation. Are you happy with it? Have you tried everything to better it on your own, to no avail?

If you have honestly tried it all, maybe its time you entered your bank and had a chat with them. They are there to aid you with almost all the issues surrounding your personal finance: How to pay less interest on a loan; how to save; and how to ensure that your mortgage rates don't increase.

And that's just a fraction of what they can offer you. Stop in your bank today, get advice, and start your journey on an alternative, better planned financial path.
About the Author

Affordable Web Designs -
Home Equity FAQs -

Written by: Sarah Thomas

Friday, April 17, 2009

Home Mortgage and Refinance

"While seeking home mortgages and refinances it is important to shop wisely to get the best deal possible. While most organizations offer a similar array of products, it is the service that makes the difference. On time service, immediate response systems to queries and strong support from an excellent panel of sharp minds is what makes the services of a little more special.

The decision to take a mortgage is one of the most important financial decisions one makes in his or her lifetime. This is because, this decision impacts your future financial life. Here are a few pointers that go into making the right mix. Click here for home mortgages and refinances.

The Right Product In the initial years, there were limited options in home mortgage, but not anymore. Now there are various mortgage products in the market and a range of mortgage providers. The popular options include fixed rate mortgages, adjustable rate mortgages, jumbo loans and balloon mortgages.

The Right Providers Many organizations provide such loans today. One can opt to take home mortgages and refinances from banks, finance companies, credit unions and local lenders to name a few. Good rapport with organizations and good credit history can go a long way in getting lower interest rates for the loan.

Online Support With the evolution of the Internet, it has become much easier to compare companies, loan options and use smart tools to analyse loan feasibilities. A few of the online tools that one must explore include the loan advisor that allows users to answer three quick questions and give the right type of loan to suit individual needs. The monthly principal and interest payment calculator is yet another tool that allows users to calculate monthly interest and principal payment and figure the impact of pre-paying the mortgage.

The Right Services Choose an organization that provides turnkey services and will assist you through the entire process, from deciding on the right product, loan application to approval and after sale support. They will help you decide how large a loan you will qualify for, compare loan options, repayment options and answer your queries regarding the loan. offers the extra advantage of providing top of the line products and excellent tools and services. Once you contact us, our team representative gets in touch with you through mail, telephone or in person to help you through the process of gauging your requirements and understanding your needs for the loan. Call us toll-free at 888-744-EASE (3273) Monday Through Friday: 9 am to 9 pm (EST).

About the Author

I write articles for're a full-service mortgage company that specializes in providing residential loans--for borrowers with all types of credit histories.

Written by: mortgageease

How And Why TO Refinance Your Mortgage

Refinancing your mortgage can be a great way to reduce monthly payments, lock in a better interest rate, and gain additional time for repayment, but it should not be entered into lightly. Refinancing at the wrong time or for the wrong reason can actually result in you having a higher payment or a lower interest rate.

If you're interested in refinancing your mortgage but aren't sure whether or not the time is right to do so, here are some simple suggestions to help you decide.

You'll also find some basic information on the refinancing process as well as things to look for to help you determine if the time is right to apply for a refinance loan.

What is refinancing?

If you're not sure exactly what refinancing is, it is simply the act of getting a second loan to pay off the original... leaving you with the new payment schedule and the new interest rates. Refinancing often lowers your monthly payment, because the new loan is taken out on a smaller amount than the original mortgage loan.

In addition to a potential significant reduction in your monthly payment and interest rates, refinancing can buy you more time to pay off your mortgage if you're quickly approaching a balloon payment that you can't quite afford or simply would like to extend your loan.

How do you refinance?

In order to refinance a mortgage loan, you have to find a lender to issue the refinancing loan. The loan application is very similar to most other applications, except that the subject of the loan is the balance of the original mortgage and that the collateral is the equity that you have in the house or other real estate that the mortgage was taken out to purchase.

In most cases the bank or other lender that you take out the refinance loan through will handle all of the transfers and payment of the mortgage, though there may be some instances where you have to handle it yourself depending upon the specific lender that you use.

When should you refinance?

The best time to refinance a mortgage is after a significant portion of the mortgage has been repaid and sufficient equity has built up. Since the equity is most likely what will secure the refinance loan, it's important to have enough to cover the loan amount.

You should also take care to apply for your refinance loan at a time when interest rates are lower than when you took out the mortgage, if possible, so that the lower interest rate acts as an additional bonus to refinancing.

In most cases, you'll end up with a lower monthly payment as well, but this will largely depend upon the term that you agree on for the refinance loan and the amount remaining on the original mortgage.

Signs that the time is right to refinance

A variety of signs can indicate that the time is right to refinance your loan. Begin watching the news or reading finance journals to determine what national interest rates are set at, and if they are likely to increase or decrease in the near future.

Depending upon the loan market, you may also notice lenders offering special rates or promotions for a limited time... investigate the offers to make sure that they're legitimate, and consider whether or not they will better suit your needs than waiting for rates to change.

When the market is slow, a variety of good opportunities develop in order to stimulate borrowing... don't let a good deal pass you by because you're unsure.

You may freely reprint this article provided the following author's biography (including the live URL link) remains intact:
About the Author

John Mussi is the founder of Direct Online Loans who help homeowners find the best available loans via the website.

Written by: John Mussi

Home Refinance-Why You Want tio Refinance your Mortgage?

You may want to refinance your home for several reasons. The biggest reason that people refinance their homes is to save money.

If you qualify for a lower rate you could lock in that lower mortgage rate and stretch out the payments so that every month you are paying less to live in your home than before. Once you decide to refinance your home, you will undoubtedly be confronted with a variety of choices as to what sort of new loan you can get.

One tactic people use is to shop the rate around to several banks to see what the best deal is for them. Refinancing your mortgage can certainly free up a lot of capital but you have to be careful. Some unscrupulous lenders may advertise a lower rate, but once you work out the math the lender may have added so many points and fees to your refinancing that you are actually paying more than some of the other advertised rates.

When you refinance your mortgage, you may be able to substantially reduce your monthly payments, especially when we are in a low interest rate environment like we are today. You may have bought your home in times of relatively high mortgage rates and therefore are locked into higher payments than you should be. These days, mortgage rates have been hovering around 6% and lower for a while. If you want to refinance your home and cut your monthly payment, now may be the best time to do it. Mortgage rates rarely stay the same for long time periods

Refinancing Your Home to Free Up Money for Other Purposes Many people who are deeply in credit card debt or who have recently filed for bankruptcy may want to refinance their homes in order to free up some of their home equity and pay off their other debts. This can be a good strategy if the other debts are high interest rate debts. It's not too hard to figure out that paying off debts that are charging you 20% per year with debt that is only costing you 6% a year might be a good deal.

People who refinance their homes often come out better than before, but as usual it pays to shop around. Find the best deal your can for your mortgage and your may be able to have a lot of spare money every month.
About the Author

Richard Martin is a contributing writer at has Vioxx and injury lawyer articles. This article may not be altered and links must be kept live.

Written by: Richard Martin

Monday, April 13, 2009

Home Refinance Closing Cost- Things You Should Know

Home refinancing closing costs should be consider before signing a contract. You can actually lose money on closing costs if you aren't careful. Shopping lenders can help you find lower fees, but you may find other financing options have lower costs.

Length Of Time To Recoup Costs

While the general rule of thumb is to keep a loan for two years to recoup closing costs, it isn't a hard fast rule. For one, if you only have five years left on your loan, then refinancing won't save you money since you have already paid most of the loan's interest. There are also other reasons for refinancing, such as reducing terms or improve caps on an ARM.

To know if you can save money by refinancing, take the time to do a little math. Add up your current mortgage's interest costs for the rest of the term. Compare this with the cost of refinancing and the new loan's interest cost. If you can see a savings, then refinance for those better rates.

Lenders Charge Different Fees

Most people are surprised to find that lenders charge different fees. While the standard is a couple of thousands, points can also increase costs. Since rates and fees vary so widely between packages, a better number to compare is the APR, which gives the true cost of the loan.

Online research can yield thousands of dollars in savings. Within a few minutes you can receive several quotes from a mortgage broker. You can also request quotes from individual lenders' sites too.

Variety Of Refinancing Options

There are several ways to refinance your mortgage. You can choose an ARM, fixed-rate, or hybrid. You can also reduce your loan term or increase yearly payments to lower interest costs. Each option has pros and cons, and should be considered with your unique budget.

Another option to access your equity is to use a line of credit or home equity loan. These two options don't have the closing costs of a traditional mortgage, but they don't lower the rate on your principal.

Before refinancing, make sure that you will save money by researching both loans and lenders.

About the author:

Carrie Reeder offers advice about Mortgage Refinance Loans Online. View our Recommended Lowest Rate Mtg Refinance Lenders Online.

Written by: Carrie Reeder

Home Mortgages and Refinances

While seeking home mortgages and refinances it is important to shop wisely to get the best deal possible. While most organizations offer a similar array of products, it is the service that makes the difference. On time service, immediate response systems to queries and strong support from an excellent panel of sharp minds is what makes the services of a little more special.

The decision to take a mortgage is one of the most important financial decisions one makes in his or her lifetime. This is because, this decision impacts your future financial life. Here are a few pointers that go into making the right mix. Click here for home mortgages and refinances.

The Right Product In the initial years, there were limited options in home mortgage, but not anymore. Now there are various mortgage products in the market and a range of mortgage providers. The popular options include fixed rate mortgages, adjustable rate mortgages, jumbo loans and balloon mortgages.

The Right Providers Many organizations provide such loans today. One can opt to take home mortgages and refinances from banks, finance companies, credit unions and local lenders to name a few. Good rapport with organizations and good credit history can go a long way in getting lower interest rates for the loan.

Online Support With the evolution of the Internet, it has become much easier to compare companies, loan options and use smart tools to analyse loan feasibilities. A few of the online tools that one must explore include the loan advisor that allows users to answer three quick questions and give the right type of loan to suit individual needs. The monthly principal and interest payment calculator is yet another tool that allows users to calculate monthly interest and principal payment and figure the impact of pre-paying the mortgage.

The Right Services Choose an organization that provides turnkey services and will assist you through the entire process, from deciding on the right product, loan application to approval and after sale support. They will help you decide how large a loan you will qualify for, compare loan options, repayment options and answer your queries regarding the loan. offers the extra advantage of providing top of the line products and excellent tools and services. Once you contact us, our team representative gets in touch with you through mail, telephone or in person to help you through the process of gauging your requirements and understanding your needs for the loan. Call us toll-free at 888-744-EASE (3273) Monday Through Friday: 9 am to 9 pm (EST).

About the Author

I write articles for're a full-service mortgage company that specializes in providing residential loans--for borrowers with all types of credit histories.

Written by: mortgageease