Refinancing

Capital vs. Financing Many prospective entrepreneurs are misguided in pursuing capital investment without taking into account financing, which is a vital component that gives companies the ability to grow. Say you are in a product-driven business and you are looking for a million dollars for your initial cost of goods, your selling expenses, and all of your general administrative expenses (i.e., salaries, office space, telephones, utilities, etc.). For argument’s sake, let’s say your cost of goods allows you to make […]

Benefits of Refinancing Several benefits can be associated with refinancing a house. Although there are some situations where refinancing is not the right decision, there are several benefits that can be obtained from refinancing under favorable conditions. Some of these benefits include lower monthly payments, debt consolidation, and the ability to utilize the equity that is at home. Homeowners who are considering refinancing must consider each of these options with their current financial situation to determine whether they want to […]

Financing Basics The term financing is generally used to explain the acquisition of loans from banks or other financial institutions. Financing is usually given to business owners, both for use as beginners … Because of the high interest and high risk that comes with financing, small business owners are often forced to evaluate their situation from all angles before making a financing decision. This is because there are various types of loans available on the market, each for different purposes […]

Refinancing with Bad Credit Many years ago, it would have been difficult for those with bad credit to obtain a mortgage loan in the first place. However, today there are so many loan options available and so many ways for lenders to protect themselves that those with bad credit can not only find a suitable mortgage but can also find appealing re-financing options as well. Those with bad credit must carefully consider whether refinancing is ideal for them now, but […]

What Is Owner Financing? Owner financing is a common way to do a Real Estate Deal. A potential buyer finances the house through the person selling the home. This occurs when the buyer is unable to obtain funding through a bank. The seller will agree to seller financing if he or she is having difficulty selling the property. This happens when the buyer doesn’t qualify for a loan. The seller decides to become the bank and carries back the financing […]

What is Seller Financing? When the seller allows the buyer to make payments from time to time to purchase property, it is known as owner financing or seller financing. This personal financing by the seller can replace a bank loan or become a conventional mortgage addition. Amount of payment, interest rate, and other conditions agreed between buyer and seller. The amount financed by the seller will depend on the buyer’s down payment and whether there is a bank loan. Here’s […]

What is Sales Financing? Running a business is a complicated process and a process that is always full of unexpected financial difficulties. Continuous balancing measures are needed to ensure there is enough money in the cash to pay wages, rent, taxes, and other regular bills, as well as purchasing stocks and equipment. For all businesses, one of the key success factors involves ensuring quick release of funds to allow for further purchases or investment decisions. If the available tied funds […]

What Is Special Finance? The definition of Subprime or Special Finance (SFI) can vary significantly from dealership to dealership. Generally, Special Finance defined as the ability to obtain credit for customers who usually are unable to finance a vehicle through your conventional or primary lenders. Typically these customers have either a limited credit file or credit issues that make them undesirable to primary lenders. Let’s look briefly at the common problems. Credit Score: Many lenders use credit scores to define […]