Finance

Are you selling products or services to the federal government? Every year, city, county, state and the federal government buy billions of dollars in goods and services from business of all types.

Although doing business with the government is good and financially rewarding, it can also be hard on your cash flow. Why? Government agencies take, on average, about 40 days to pay their invoices. In the meantime, you have to cover all your recurring expenses such as payroll, rent and supplier payments.

This is not a problem if you have 60 days worth of operating capital in your bank account. But what if you don’t? In that case, many business owners will try to get a business loan. Although that may help,business loans are tough to get and take a long time to set up. Also, business loans have set limits.
What business owners need, is a product that provides financing solely based on the business opportunity – on sales possibilities. This product exists and is named invoice factoring. There are many factoring companies that specialize in factoring government contractors and vendors.

Factoring accelerates your government payments, and enables you to get paid in days rather than months. It’s a form of financing where the factoring company advances you money against your government receivables. You get to use the funds immediately, while waiting to get paid. Once the government pays, the transaction is settled.

If you are reselling products to the government, you should also consider purchase order financing. In this case, the factoring company provides you with financing to pay your suppliers, enabling you to make the sale. Purchase order financing works well with invoice factoring and can also help you grow your company – exponentially.

So, if you own a business that sells to the government, be sure to look into factoring and purchase order financing.

Financial Theory (ECON 251) This lecture gives a brief history of the young field of financial theory, which began in business schools quite separate from ec. . .

Freedom Financial Management

Bad credit can affect many of the opportunities you have in your life, from your ability to purchase a home right down to your ability to rent movies. Today, Americans are finding themselves more in debt than ever, and many do not know how to go about fixing their financial reputations.

Most of the financial woes of Americans and bad credit can be attributed to credit card bills. Many American consumers and their families are being dragged into (or deeper into) financial holes because of their uncontrolled spending on their major credit cards. When it comes time for the credit card debt settlement, they find that they overextended their means and are not able to settle credit card debt. The research on this subject is astounding:

Studies have suggested that on average, an American household will have monthly due balance around $8,000, including both credit cards and student loans. The problem with this accumulated debt is the interest. As the debt sits whiteout getting paid off, the interest accrues and the per month payments go up. Soon enough, many consumers find themselves paying more to the interest on their debts than on any other household expense. Many suggest that the only escape from this financial purgatory is to look into options such as credit card and debt consolidation.

One way that people try to consolidate their debt is by applying for another credit card and then transferring the balance over to the new one, taking advantage of the often low beginner APR rates. This way is really not very effective, as all that ends up happening is a larger sum of money on a new card, resulting in even higher interest payments.

Another way is through consumer debt counseling, or debt consolidation. Those who choose debt consolidation need to realize that it will not make your debt disappear. It is only a tool that can be used to get an individual out of debt, and therefore its success will lie with the person who wields that tool.

There is no doubt that being in a financial hole leads to an incredible stress on the individual. Consolidating the debt will help to alleviate some of this stress, as the individual debtor will realize that a plan is in place to improve his or her life. Debt consolidation will mean that the monthly payments on an individual debt is lowered, and that in most cases interest rates are as well. As payments are made, the collection agencies will begin to call less, which will also help to reduce the stress.

It is very important to remember that although a plan is in place, it is up to the individual to follow through with it and control spending so that the debt is paid off. Debt consolidation programs can help by managing your debt in a way that does not seem impossible for you, and will also help with self-control issues by pointing out ways in which an individual can better manage his or her finances. The plan that is put in place is one that suits the needs of the individual. All creditors are paid out according to priority after all unsecured debt is consolidated, including medical bills, credit card debt, and personal loans. All of these loans are now paid out of one place. Many of these plans are sponsored by creditors themselves, as they feel that although they could make more money with the higher interest rates, there is the risk that they will receive nothing at all. For this reason, they would prefer to recoup the money over the long term than lose everything due to a money-grab.

In this Freedom Financial Network Video, freedom employees from many of our wonderful departments illuminate why they love working for the company. Potential. . .

Finance Information

Although you can search for car finance yourself, if you want the cheapest car finance then you are better going to a specialist website and allowing them to shop around on your behalf and find you the best deals with the cheapest rate of interest from any of the top UK lenders.

The specialist will be able to search the car finance marketplace so that you can be sure of getting the best deal and if needed then all specialist sites will offer free advice and information by way of articles and hints and tips so you are able to understand what it is you will be comparing. While the specialist will be able to bring together the best quotes it will be down to you to decide which loan is correct for your needs and whether it is the best deal. All quotes that are found should come with the key facts of the loan so that you can make an informed decision and it is essential that you read the small print before taking on the loan as this is where you will find the full cost of the loan and any additional fees such as early repayment.

In order for the specialist to be able to find you the cheapest car finance you first have to decide how much you need to borrow for the loan, if you can put up a substantial deposit against the car then you will have to borrow less and so you will save on the amount of interest you pay. The longer you take out the loan for will also boost up the cost of the loan with the interest although the monthly repayments will be less, if you can afford to pay a little more each month then you will save on the amount of interest you pay for the entire loan. With this in mind you have to decide which is best for your needs but above all make sure that you can afford the loan each month as the car is not yours but the lenders until you have paid the final repayment on the loan.

The interest rate that you will be expected to pay on the loan will depend on how good your credit rating is, if you have an excellent credit rating then you will get any of the best and lowest interest rates, however if your credit rating is low then you cannot expect to get the best interest rates. If your credit rating is particularly low then you might have to consider taking out a bad credit loan but whichever type of loan you choose to go for a specialist website will be able to search on your behalf for the cheapest car finance possible. Always remember when budgeting for your car loan to take into account that you will also have to pay for the running costs of your new car such as taxing and testing, insuring the car, paying for repairs and wear and tear, and fuel.