Author: Sam Rush

Almost every business needs to borrow capital at one point or another in order to get through a financial downturn or temporary cash flow problem. This is why commercial credit can be a very lucrative business that can help others get back on their feet at the same time. This type of business needn’t be as complicated to start as it may at first seem. With the right investors and the right technology, the set-up costs can be relatively low and the returns very rewarding. If you are thinking about setting up a financial loan business, here are 5 tips to get you started. Choose Your Clientele First of all, you will need to decide whether you will loan to businesses or individuals. The key difference between each of these are legal and licencing issues, as consumer loans are more heavily...

Sometimes, we fall on hard times, or we might just want to consolidate other credit card or loan payments into one with a smaller interest. Other times, we might find ourselves wishing that we could fund a class, pay off our wedding, or pay for a holiday. No matter what the use, finding a loan to fund your dreams doesn’t have to be difficult. Personal Loan Terms Personal loans are a great way to get funded and make consolidated payments on something that otherwise would have taken over your finances. These loans are typically in terms of one to five years, offer interest rates far lower than most credit cards with some being as low as 9.95 percent, and are easier to pay than several separate bills. These loans also have the benefit of fast approval turnaround with most approvals being gra...

You may or may not have heard the term “caveat loan”, which is a form of security that is commonly used for short term business loans, and basically, the loan is guaranteed by the caveat, which is a document that is lodged with the land office that states the property is being used as security for a loan. There are many benefits for those who wish to have a short term business loan by taking out a caveat loan, which could run from a few days to 3 years, depending on the borrower’s needs, and with online loan providers, applying for such a loan has never been easier. Low Interest Rates As a caveat loan is secured, interest rates are as low as 1.80% per month, and we should look to save money wherever possible, and with loan terms up to 36 months, a flexible repayment plan can be agreed. Wit...

Everyone who is aware of what a “business plan” is knows that it is basically a document which is used to explain designs and plans for any new start-up or to further expand a present business. This type of document has in its details all a business’s targets and strategies, and shows a blueprint of plans for all financing and marketing. Normally, it provides data about where a business wants to go and how to get there. A business plan is what is necessary when looking at an application for a business loan or investment capital. Investors and loan authorities will need to acknowledge precisely what any business owner is looking to accomplish and what the steps will be to meet their objectives. Guaranteed bad credit business loans for smaller businesses are also available fo...