Direct Lender Installment Loans for Bad Credit
It's true, it is possible to obtain an auto loan even if you have an inadequate credit rating. Have you heard about installation financing? In this article, you will learn why individuals pick this method of obtaining credit and why even those with a bad credit report ranking can still get these direct lender installment loans.
Planning to Buy a Car This New Year? Keep These 5 Things in Mind
New Year, new ride? Set a budget, compare options, explore car loans, and secure comprehensive insurance for a smooth start with your dream car!
Ways to Finance a Home-Based Business
Before starting a home-based business or a small startup, you must have sufficient capital on hand to purchase anything essential you need to start offering your products or services to the consumers. Things like physical office location, necessary equipment, business website, and other office supplies are the basic business overheads that a business needs to pay on a regular basis in order to streamline business processes and operations. Home-based businesses usually have fewer financing choices because most don’t have enough to qualify for a loan from the bank. Fortunately, there is a variety of small business financing options out there that small startups and home-based businesses can assume to meet…
Which Entrepreneurs Need to Fill Out an ITIN Application?
Many entrepreneurs aspire to start a small business in a country outside of their own. However, to start a business in the United States, you typically need a social security number (SSN) to get started. An individual taxpayer identification number (ITIN) is an alternative to an SSN for foreign entrepreneurs who may not meet the requirements to get an SSN. An ITIN will allow you to file income tax returns, start a business in the US, and apply for small business financing. You can learn more about ITIN in this Camino Financial post. Let’s take a look at who needs to fill out an ITIN application and how it can…
Lifetime Mortgage: What Is It and How It Benefits You
When you want to get into a mortgage, you might think it’s the end of the line for your finances. This isn’t necessarily the case. In fact, mortgages can offer you a lot of renewed options to jumpstart your way into financial independence again – you just need to be able to know what kind of mortgage you should be getting for your benefit. One of the many good mortgage options you can try is a lifetime mortgage. While the idea can sound daunting at first, it can actually pave the way to a lot of benefits when you use it properly. What Is a Lifetime Mortgage? It may be…
New U.S. Regulation Could Curb Payday Loan Profits
The Consumer Financial Protection Bureau (CFPB) is expected to roll out a new rule in the coming days that would curb payday lending. The rule will put a dent in a $6 billion industry, which offers high-interest, short-term loans. Other regulatory agencies have already completed a final review of the regulation, according to Reuters. Payday lenders argue that the CFPB’s rule may wipe out more than half of the industry, and cause their customers to turn to illegal loan sharks for financial help. States are currently in charge of payday loan regulations. “We are likely, on our part, to take the appropriate actions that we can to see this rule…
Financial Tips For The Discerning Small Business Owner
It's quite amazing that seven years on from the financial crisis, access to credit is tough for small businesses. It tells you that we're probably not out of the woods yet and that there is likely to be more hardship to come. Small businesses need to do all they can to prepare for tomorrow's risks today. And that means seriously looking at whether your finances are as good as they could be.
How to Write a Business Plan that Secures Funding
Simply having a great business idea is not enough, one needs strong capital support from investors in order to make their idea a reality. The best way to acquire funds is to lay out a good business plan as financiers require a solid plan to evaluate an investment opportunity. Through a business plan, you can communicate your new business idea’s potential to investors in a logical and convincing manner. Writing an effective business plan may seem like a tedious task but it is critical in helping potential investors assess the business risks before investing in the company. When working towards building a workable business plan, ensure that it clearly and…
Sharks Tanked: Alternatives As Tech Startup Funding Declines
We’ve all heard of frugal individuals tightening their belts, but venture capitalists cut off circulation to their legs in 2012. Nationwide spending on startups dropped 10 percent in 2012, and the number of total deals dropped 6 percent, according to the quarterly Moneytree Report based on data supplied by Thompson Reuters. North Texas saw one of the most dramatic declines as venture funding dropped 79 percent and total deals fell 18 percent from 2011. The anti-climactic IPO of Facebook was one of the primary culprits in venture capitalists shying away from tech startups. But there is still plenty of money to be had out there and here we provide some…