Six Words to Describe Business Financing

This report was produced in a direct effort to provide more understandable insights about some of the most critical business finance issues effecting commercial borrowers. Our approach in this report is to describe current commercial loan circumstances in six words. We have adopted a similar model in other commercial finance reports such as “seven words to describe commercial property loans”. The “simpler is better” perspective reflects the belief that after hearing an almost endless number of reports about commercial lending difficulties, what small business owners might really need is a more concise explanation about these problems and the resulting impact on their business financing options.

Before proceeding, it is important to emphasize that small business finance options are often more complicated than anticipated by many business borrowers. We are definitely not attempting to characterize business loans and working capital financing as either straightforward or simple. In fact, quite the opposite is the case. The unfortunate reality that most business financing processes have always been excessively complicated and that meaningful improvements are not on the way is one of our ongoing observations. We nevertheless feel that it is critical for each small business owner to have an absolute and total understanding of the entire commercial finance process in the face of the prevailing commercial lending complexity. To help in providing more understandable insights about commercial loans and business banking problems, this particular report is one of several thorough efforts on our part.

Our first example of six words describing business financing options is “banks are saying no more often”. For any small business owner still unaware of this harsh reality and who might doubt this observation, a series of candid conversations with other business borrowers will probably remove all doubts. The failure of banks to provide an adequate level of business loans on a widespread basis is the primary point to remember. It is important for small businesses to realize that they are not alone when they hear their bank say no to routine requests for commercial financing.

“Commercial property values have decreased dramatically” is a second observation. There are very few exceptions. The biggest business financing impact is likely to occur with commercial refinancing situations. Many banks are aggressively recalling existing commercial real estate loans and this literally forces a borrower to seek business refinancing even if a business owner has no interest in refinancing their commercial mortgage. With decreasing commercial real estate values, business refinancing will be a challenge for most small businesses.

“Lines of credit are disappearing fast” is another six-word description of commercial financing. Even the most successful businesses need a reliable source of working capital financing, so this situation is especially serious if a business cannot replace bank financing when it suddenly disappears. Even if a business still has an adequate line of credit, it is important to realize that on a widespread basis banks are reducing and eliminating business credit lines with almost no advance notice.

As our final observation in this report, “business financing is in intensive care”. Extreme measures such as firing their banker and finding alternative commercial funding sources will need to be anticipated by small business owners in many cases. Bankers have not been sufficiently candid about commercial lending problems in the past, and nobody should expect that they will publicly announce that they are in any kind of financial trouble. On the contrary, a prevailing outlook from most banks is they are lending normally to small businesses. When dealing with any commercial lender, commercial borrowers will need a healthy amount of skepticism.

As we noted, this article is one of several efforts to help small business owners survive an extremely challenging commercial lending environment. This report was intentionally designed to produce a concise overview of several complex small business finance issues by describing commercial loan difficulties in six words. A better understanding of practical business financing options for commercial borrowers should also be realized by reviewing related reports such as “six words describing working capital management” and “seven words to describe merchant cash advances”.

Finance Interview Questions For Investment Banking Sector – How to Prepare For the Big Day?

When you are appearing before an interview board, be it for investment banking or finance or for some other subject, you have to prepare yourself fully in order to crack the exam. In the investment banking and finance sector, there are several posts and designations for which you can apply such as banking finance controller, banking finance investment executive and banking finance auditor.

The type of questions you might be asked by the interview board will now depend on the kind of position you are applying for. You ought to prepare answering specific questions in front of the mirror before you appear for your big interview.

This will give you that much needed confidence and polish that will help you beat competition and get an edge over other candidates who are vying for that lucrative job.

If you are applying for the banking finance auditor post, then you might face the following issues. You will first be asked about your level of experience in this field. Then you will be asked about the degree of responsibility you had to take while holding your last position. Then the interview board will ask you about the results of the auditing reports done by you.

You will have to describe a few of your successful achievements to the interview board. You will also be asked to describe your responsibilities regarding the submission of audit reports for state or federal authorities in full details perhaps.

Those who are appearing for the banking finance investment executive post will face the following volley of questions. You will be asked to recount your experience regarding financial institutions and inter relating investments.

Be prepared to face the question regarding your previous experiences in different types of investment operations in your previous company. You might also be grilled about the relationship between this position you are seeking and your investment experience.

All these items will be written in your CV, but the interview board will expect you to elucidate in full details on your portfolios and management of investment funds and other such stuff pertaining to your experience range.

And now for the questions that you might face if you appear for interview for the post of banking finance controller. The 1st question you will face will be centered on your finance management experience and skills. You will also be grilled about your track record regarding the taking of sound financial decisions that increased the company’s revenue earnings and profitability. This pertains to your previous job.

You will also be asked to elucidate upon your responsibilities, duties and corporate interface regarding internal accounting management, cost accounting management and executive management.

Online Finance and Banking Training

Finance and banking are two of the leading forces behind the economy. Both categories are applicable to business, corporate jobs, and personal usage. With money being a driving force in the world people have the option of gaining specialized training in these areas.

First, let’s look at the definitions for each field of study to gain a better understanding of where an online class will head as a student progresses through the coursework. Finance is the commercial activity that provides funds and capital. It is the branch of economics that studies the management of money and assets.

Banking is the business of keeping money for savings and checking accounts that enable the bank to exchange or issue loans, credit, and more. An individual transacts business with the bank via depositing, withdrawing, or requesting a loan. In essence a bank is a financial institution licensed by the government.

Length and pricing will vary depending on the course load, school, and degree desired. Certain schools have a wide range of courses priced at $159 a class. A student can take classes one at a time like above or obtain a degree based on a curriculum given online. A student has the option of finding a school to gain a master’s degree in banking and financial services. Some programs at this level may consist of 12 courses for a total of 48 credit hours. Class structure would have the student taking two, seven-week courses online per semester. The length of this type of program will take an average of two years to complete.

Students have the option of completing a degree program online that encompasses finance and banking or gaining a degree in finance and banking separately. Different online schools offer programs starting with an associate’s degree to a doctorate in finance and banking. The right fit will depend on previous schooling and the career goals an individual has.

Gaining a Bachelor of Science in Business Administration for Finance can be an option for an individual who has strong career goals in the business field. Learning as a student will give the capability to research, solve, diagnose, and evaluate business troubles in a team environment.

Graduating with a Bachelor of Business Administration for banking enables a graduate for a wide range of managerial jobs in business, government, and non-profit organizations. Skills acquired are practical and professional. These skills prepare a student to understand all phases of business, which include decision making and problem solving.

Commercial Bank Consulting to Improve Small Business Loans

The process of dealing with business lenders has become more difficult for small businesses, and commercial bank consulting appears to be an effective method for realizing working capital and business loan success. Locating a qualified business financing expert is a primary step in choosing a commercial bank consultant. While this task is almost certain to be difficult, it must be pursued until a business owner is satisfied with their choice.

Even though this report refers to commercial bank consultants, this does not mean that the small business finance expert selected for this role should only be familiar with banks. To the contrary, in the current commercial lending environment it is absolutely essential to include non-bank sources in the overall evaluation of practical commercial loan options. But from a practical point of view, a suitable business bank consultant must also be capable of distinguishing between the good banks and bad banks.

Certainly many observers will question whether there are really any banks which can be viewed as good banks. In the end all that is really needed is just one bank that meets specific business requirements. An important part of commercial bank consulting is to identify one (or more) candidates qualifying as a good bank if a small business is currently using what is deemed to be a bad bank and still needs an ongoing commercial banking relationship in some form. In a dose of reality, only a few good banks can consistently pass the test for final consideration when a new business bank is selected based upon specialized and unique small business finance criteria.

This report is encouraging that small business owners be prepared to take aggressive steps when searching for effective commercial mortgage loan and working capital management options. Commercial borrowers should benefit whether the business bank consultant is called upon to serve as a commercial finance expert providing a second opinion or as a commercial loan umpire to make a final call before completing any new financial agreements.

Alternative Financing You May Not Have Heard Of

Need capital to keep your business going or to implement new growth initiatives? Well, just run down to your local bank. Wait… banks are still not lending to small businesses.

But, banks may not be your only option.

For decades, there have been many financing programs, some backed by banks but most not, that focus on assets based lending or that focus on the strength of the business – not just the business owner (meaning YOUR credit doesn’t have to score in the stratosphere).

Assets based lending is essentially using the financial asset of a business to secure a loan or advance for working capital, general operating expenses or even capital purchases.

This type of financing is more focused on the business asset generated and how easily or safely the asset(s) can be converted into actual cash.

Accounts Receivable Financing: If your business generates customer invoices, there are finance companies out there that will purchase your receivables, advance your company up to 90% of the invoice amount, collect the money from your customers (saving you the time and hassle), and then refund the difference back to your company.

These companies do not lend based on your credit or your company’s balance sheet but focus mostly on your customers’ strength in payment.

Purchase Order Financing: Does your business have customer orders in hand but not the working capital to complete or fulfill those orders? There are financing companies that will provide capital advances based on these unfinished orders; termed Purchase Orders Financing.

These Purchase Order Financing companies will advance your business cash, based on the amount of the purchase order, to complete the job or order. This means having the needed capital to purchase inventory and supplies or even hire additional needed labor.

Whatever the need, purchase order financing is a great way to use or leverage already acquired business to get the capital your company needs to grow and succeed.

Business Cash Advance: Many businesses, just by their nature like service organizations or retail operation, do not generate business financial assets like the ones mentioned above. But, there are still ways that they can acquire needed working capital to grow their business or to meet immediate expense needs. If your business accepts credit cards as payment from your customers, there are financing companies that will advance your business capital against (and get this) your FUTURE credit card receipts.

Benefits include receiving needed working capital today that can be used for any business or personal need, leveraging your businesses ability to generate future income, low repayment requirements based on a small percentage of your future sales – small enough not to harm your business’s future cash flow needs and these financing companies are more interested in your future sales ability (the strength of your business) than your credit history.

The down side is that some of these products, while they try to be very competitive, can be a bit more expensive than traditional loan products. But, keep this in mind, if you have no other alternative and believe in what you and your business can do with the added capital, then the potential benefits far outweigh the expense.

In business, especially for start up businesses or companies that don’t yet comply with traditional loan underwriting, accessing cash for grow or expansion (or even to just meet current obligations) can be a daunting task. But, instead of being intimidated by this process, let that entrepreneurial spirit kick in. Get creative and find ways to make these sources of capital work for you (that is what running a business is all about).

Further, with our current credit crunch (banks just not lending) these types of financing alternatives may be your business’s only option going forward – regardless of its stage or time in business.

Financial Glossary – Do You Know What a Merchant Bank Is?

The merchant banks operate in the highly specialized field of finance. If the traditional commercial bank gathers deposits and loans, investment banks offer a range of services focused primarily on capital markets (underwriting bonds, shares and IPOs), and secondly, on the trading of securities (trading and brokerage).

Its functions are to assist institutional investors in managing the risk coverage for their portfolio companies and to assist clients with financial instruments in the governance of their assets.

Activities can be classified in five different areas:
1. Investment banking services in strictest sense.
2. Corporate finance
3. Structured finance
4. Merchant banking services in strictest sense
5. Risk management

1. Investment banking services in the strictest sense: these services are historically associated with the merchant bank. These services range from support provided to business customers in deciding on how to finance their activities, by issuing shares and debt securities up to the structuring of these services is generally in three phases: preliminary stage, advisory / arranging, distributing or selling of securities issued.

a) Preliminary stage – issue and promotion
This is the phase during which stock or debt is issued. It is triggered by the financial intermediary with a strong promotion activities at enterprises, Governments or financial institutions.
b) Advisory / arranging (consulting / organization)
These are Are the organization of economic activities (setting the pricing) and legal tax.
c) Distribution and selling (sale)
This phase include activities in which securities are classes in the portfolio.

2. Corporate finance: This is the stage for optimizing financial choices for client firms with a strong consultancy connotation which is an essential tool for corporate finance.
The processes which are the basis of corporate finance are:

1. Preliminaries;
2. Advice;
3. Raising actual funds or research funds necessary to complete the operation. Typically, these are syndicated loans in which the investment bank acts as the arranger. This is a feature which differentiates the investment banks from commercial ones;
4. Mergers and Acquisitions (M & As) of other companies;
5. Corporate restructuring, solving business difficulties.

3. Services in structured finance: are services for organizing operations based on cash flows from activities or investment projects defined in the management of client companies and often “cocooned” in specially incorporated companies (special purpose vehicles). Also included in this family of services are those for finding resources for implementing the programs:

a. project financing
b. securitization
c. leverage finance operations and leveraged buy-outs being among the most famous).

4. Merchant banking services: these services refer to the acquisition of holdings in the equity of non-financial companies. For example, the investment of funds of the same financial intermediary (the bank’s business model) or funds administered and managed by the financial intermediary.

5. Risk Management: This business area has two different, but related, branches.

a. The first refers to products and services for risk management (interest rate, foreign exchange, credit).
b. The second relates to research on models for measuring and managing market risk and credit risk.

Racing Awards, Medals and Customized Gear for Runners

Running, whether it be a 5k with the family, a 10k for an extra challenge, or a marathon for the elite runners, can be a very exciting and memorable experience. Running is a very personal sport to lots of people, as it can be great exercise and can make you look and feel very refreshed. Tons of awards are given out to winners at races each year. For people organizing these racing events, finding customized and personal running gear can be difficult, as well as finding unique prizes for running champions. When orchestrating a race, you want to have a memorable competition. Medals and unique prizes can help to make the race more exciting. Participants can keep prizes as souvenirs, and remember the experience better because of a keepsake.
The most important souvenir a competitor can take home is a winning medal. Those are worn with pride, and showed to family members and friends. They are often hung on walls, or shown off where they can be seen. Of course, medals need to be personalized, unique, and specific. You cannot award a running champion with a medal that doesn’t recognize what it’s for. It is often a perfect idea to find a company that will provide you with customized prizes for winners. Often, you can ask for customized medals that include the date, the name of the race, and the name of the company sponsoring and orchestrating the event. That way, when people proudly show their winning medal to others, the people who made the event happen will receive the credit and publicity they deserve.

In addition to medals, running apparel and gear can be a great way to make the race more memorable. Unlike medals, gear is commonly worn and would be used often. Passing out swag, such as customized shirts, jackets, hats, and bags can be a great way to add to the excitement of the race. Races with their own gear are viewed as more unique, as they have customized logos and attractive designs. Shirts can be given out to families, and jackets can be sold at the finish line. Hats can be passed out before the race to keep the sun out of the athlete’s eyes. And, of course, bags can be kept forever and used for multiple occasions. Having the name and date of your race on these items can help to increase publicity and help the runners remember what a successful and memorable race it was. Customizing these mementos can help to define a great race, and will definitely help a race to be more exciting and enjoyable.

Gamble on Line – Possess these Various Advantages for your own

There Really are assorted kinds of games and sports which can be found around the world and human beings possess significant interest within them. There’s simply no uncertainty at the simple fact this one among the absolute most essential explanations for why the games and sports really are all important to this public is on account to how those toss some type of troubles .

There Is just 1 particular certain form of video sport which likewise causes it to be into this set of their treasured games which people are able to playwith. And it’s also not any aside from betting. Betting fulfilling the exact same and is exactly about challenges. There are areas. But once again if it regards betting on line the huge benefits really are far a great deal greater than that which it’s possible to see right now.

Now you Must definitely make certain which you’re choosing the optimal/optimally internet web sites as a way to acquire through together using the practice of betting absolutely. And this is what’s going to offer a great deal of benefits to you.

A Variety of Benefits of gaming Internet:

After Would be the numerous benefits of betting on line that individuals have to be mindful of:

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Comfort Is decidedly among the greatest explanations. Here really is some thing which functions being a boon because you aren’t going to need to go everywhere whatsoever.

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This Is another benefit that is important you have to know of. The internet singapore casino has ever let exactly the exact same as properly. You may be certain you are surely becoming to engage in midnight or sunrise much.

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Coloring Pages Growing Horizons Of Kids

Children are amazing. They know whatever they are taught. If You wish to enhance the horizon of one’s children, and it’s time to get them participated together with coloring pages. Yes, even they all are on line pages that offer many different ways to bring the hidden talent in your kids. These coloring pages comprises of exceptional lessons that are conveyed at a manner that is fundamental to enable kids to grasp.

Coloring Pages – Benefitting Childrem

Worrying concerning the cost in Association? Chill, as they truly have been available at no price tag. Furthermore, you need to stay away from the stress of shopping for exceptionally costly gadgets that are educational. Everything you will need to have is your distribution for your own printer. It can open the pathway for both kiddies to take high benefits in association with internet colouring pages.

You must be wondering why children Have to Be included in coloring. The main reason is that coloring an image will absolutely control the entire attention of one’s kid. They is going to be in a favorable position to concentrate regarding completing their work followed closely by presenting the most useful finished merchandise.

Parents Can Be Getting Brief Repite

Additionally, Mom and Dad Will Have the Ability to Acquire short respite as your Children will probably undoubtedly be coloring pages which is really a funny exercise. On the web coloring pages have been well known to give children several of the best educational gains entirely. They is going to soon be memorizing numbers along side titles of veggies as well as creatures.

More vulnerability to coloring, simple will probably be learning methodology. Kiddies will secure a chance to fortify the coordination between eye and hand . Since they’ll be learning to color lines, abilities will grow in a ultimate manner. Psychologists state that coloring offers an insight into emotions of children in an imaginative way.

Which exactly are you thinking? Involve your kids with coloring Pages in the earliest.

Types of Wood Siding Available for Homeowners

When building your home, even the smallest decision could make a world of difference in what it ultimately looks like. This is also true when undertaking an exterior redesign project. Siding, among other key characteristics, is one of those big decisions that could entirely alter your home’s exterior appeal based on your decision.
Although plastic siding has become a popular option in recent years due to pricing, traditional wood siding remains the preference for many homeowners. This is because wood siding offers customers numerous benefits over their plastic counterparts. Benefits include:

• Wood siding is eco-friendlier than plastic

• Wood is more aesthetically appealing

• Many types of wood are naturally resistant to mold, mildew, and rot, which allows the home owner less maintenance

• Wood lasts longer

• …And much more

One of the main benefits is that wood naturally takes to paint, stains, and other decorative options incredibly well. Plastic, on the other hand, often must be crafted in the customer’s color choice – meaning that options are limited. Once decided upon a type of wood siding, however, you can then choose any type of finish. Whether you want to paint your home the colors of the rainbow, or opt for a natural dark wood stain, anything is possible. Below we look at four of the most commonly used types of siding available: board and batten siding, bevel, tongue and groove, and lap siding. Each has their own aesthetic appeal so that there is something for every person’s unique tastes.

Board and Batten Siding

Board and batten siding is a vertical design created by using two different sized boards. The wider boards are set beneath, while the narrower boards are placed atop the joins. These narrower boards are called ‘battens.’ There are no set widths, so homeowners can choose their preference. The most commonly used measurements, however, are 1 inch by 3 inch battens placed over 1 inch by 10 inch boards.

Bevel Siding

Bevel siding is the most commonly used siding. Installed horizontally, boards are cut at an angle so that one side is thicker than the others. This creates a shingle effect, or the appearance that the boards are overlapping one another. Tongue and Groove Siding Tongue and groove siding is incredibly versatile. Available in both rough and smooth board finishes, it is fitted together tightly to give a sleek appearance. It can be installed in any direction, which does not only include horizontal and vertical, but also diagonal.

Lap Siding

Lap Siding is also known as Channel siding. This siding is very versatile, with installation capabilities for any direction (like the above tongue and groove siding). This unique siding features boards which partially overlap one another, and the ultimate results are a rustic appearance like those of a hunting cabin. If you’re interested in learning even more about wood siding -including less commonly used types available – you can contact your local siding specialist or construction expert. They will be able to give you more detailed information, including a price estimate for your area.