Finance Archive

Obtaining a Signature Loan: What’s In It For You?

A signature loan is a type of unsecured personal loan that only has the borrower's promise to pay and signature as collateral. The borrower usually pays a fixed monthly amount for a fixed period or term. You will need a good to excellent credit score coupled with a stable source of income to get approved [&hellip

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How to Deal with Late-Paying Clients

As a small business owner, dealing with late invoices could be and awkward and messy. It could likewise result in a cash flow issue for your business. So how could you encourage timely payments and temporarily resolve a cash flow issue? Here’s how: Consider Invoice Factoring Suppose your customer promised to pay by the end [&hellip

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Top Reasons For Damage or Loss to the Cargo

Keep in mind that when you load cargo onto a ship, it is floating steadily and uprightly in the water. Once the ship starts navigating the sea, it faces outside forces that lead to six forms of motion. These motions are dangerous, particularly for ships that need cargo securing and lashing it on the open [&hellip

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Dispelling the 3 Most Common Misconceptions About Refinancing

The mortgage industry is constantly evolving. As time pass by, borrowers experience changes and modernization in the process to make things simple and easy to understand. However, even with its continuous improvements, there are still people who get easily lost with this type of transaction. This is especially true once the term “refinance” appear. Most [&hellip

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3 Tips in Preparing for the Tax Season

Preparing for the tax season can be a daunting task for both self-employed professionals and small and medium-sized enterprises. If you have a trucking company, solutions specialist Equinox Business Solutions suggests these tax preparation tips for truck drivers. Plan according and get a head start Tax season is not something that comes to you as a surprise. [&hellip

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How Can a Mortgage Broker Help You?

A broker is an individual who acts as the intermediary between the borrower and the lender. The lender provides the funding and the broker only facilitates the meeting between the borrowers and the lenders. In a way, the broker makes it easy for the borrower to access the best mortgage offers and deals on the [&hellip

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Protecting Your Friendship While Doing Business

When starting a business, many choose to work with friends. There is nothing wrong with that. Some of the biggest businesses are founded by best friends. Take Larry Page and Sergey Brin, the founders of Google, for example. Ben Cohen and Jerry Greenfield, who are childhood friends, started Ben and Jerry’s Ice Cream. These businesses [&hellip

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Reverse Mortgage: Understanding How It Works

In the past, reports of predatory lending in the reverse mortgage industry tarnished the image of the FHA-insured loan. Common victims are unsuspecting seniors. Today, reputable lenders such as Primary Residential Mortgage, Inc. request borrowers to get acquainted with the risks of reverse mortgage programs first before committing to a loan. How a Reverse Mortgage Works The [&hellip

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Get Your Business Started with an SBA Loan

You’ve always wanted to start a business and be the boss. You don’t have to rush off early in the morning to go to the office. The problem is you don’t have any enough capital to get your business off the ground. There are ways to find funding for your capital. According to Wasatch Peaks Credit [&hellip

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Applying for an FHA 203K Loan: How-To Guide for Owners of Fixer-Uppers

Many people get inspired to buy homes that need serious work, thanks to lifestyle and reality television shows. If a house is considered uninhabitable, lenders usually don’t hand out loans to borrowers. The FHA 203K loan program is set up by the federal government to help buyers repair an old and/or damaged home. For instance, it is [&hellip

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