Are you looking to apply for a business loan? You’re not alone. A recent survey established that about 34 percent of entrepreneurs take out a bank loan to finance their small businesses. There are a lot more who turn to credit unions and other alternative lenders for business support. However, getting approved for a business loan isn’t a walk in the park, especially if … [Read more...]

There are many things to think about when planning to sell your home and buy another one. One of the first things to consider when determining your budget is the cost of selling a house, but of course, you'll also want to determine how much house you can afford and part of that includes the interest rate you'll pay. Obviously, the lower the better as the lower your … [Read more...]

When people posit that human beings are insatiable and that we’ll always experience needs, they are actually stating the obvious. The needs will always be there and they are easily identifiable. But the major problem is how to meet them. For example, when I was about to take a vacation where I’d be visiting many football stadiums in different countries of Europe, I decided … [Read more...]

For most of us, mortgage payments are the most important financial commitments we face. These are, after all, the very payments which ensure we have a roof over our heads. Down the line, a successful mortgage repayment plan even means we have something of worth to pass onto future generations. The trouble is that, as most of us know, life doesn’t always go according to … [Read more...]

Consumers spend about 10% of their income on debt — not including mortgage loans. That's a large chunk of change, especially if the debt is high interest. Many people are one financial emergency away from being unable to pay monthly payments on their debt. Are you having trouble repaying loan installments? Once you miss the first payment, you could end up in a dangerous … [Read more...]

Purchasing a house is a huge investment. For many, it will be the biggest investment of their entire lives. During the home-buying process, there are a lot of hidden fees that could blow the budget, especially if you’ve never been through the process before. When it comes to home buying, every penny saved counts. Using a mortgage broker is one of the main things you can … [Read more...]

Bridging loans are uniquely flexible and accessible short-term financial products. Designed to bridge finite gaps in the borrower’s cash flow, bridging finance can be used for almost any legal application where time is a factor. Given the inherent delays and complications when applying for more traditional loans and mortgages, it’s easy to see why bridging finance is growing … [Read more...]

Whether you are an owner of a small company or a shareholder in a larger company, sometimes the decision will need to be made on whether to borrow money or not in order to grow the business. You will find that the majority of companies have a debt of some sort. This is not something that is negative but something that helps grow the business if the money is taken for the … [Read more...]

There’s no denying that loans can be an amazing thing when it comes to helping us financially with any aspect of our lives. Whether that’s getting something new, such as remodeling our home or going on holiday, or something like paying a bill or repairing your car, loans are incredibly helpful. However, paying back a loan, regardless of how big or small it is, is easier said … [Read more...]

Securing a small business loan might not be easy especially if you lack a positive credit history, business management experience, and the collateral of equal or higher value to the required financial assistance. However, if you become more proactive, you are likely to get lenders out there who do not necessarily require the aforementioned qualifications for you to get a … [Read more...]