The sale leaseback transaction in Canada. It's back. Let's examine the resurgence of this unique financing transaction via a lease finance company or other financial firm.Canadian business owners and financial managers, as owners of certain asset classes, have the ability to enter into a sale lease back scenario. It couldn't be more basic - you sell the asset to a buyer, typical a finance firm and that firm immediately becomes the lender or...more
Understanding finances and taxes is not everyones forte as most of us are unable to get the gist of figures and complexities that come along without knocking... Many a time, financial assistance has to be sought from professionals who have the required training and experience in managing money for third party in the form of insurance, investments and mortgage. Further, they also help you in securing comfortable loans and easily managing money as...more
If youve experienced the shock of car finance being rejected, youll want to ensure that you put all of the jigsaw pieces in place well in advance of another application! Car finance application outcomes can be predictable if you know exactly what the lenders are looking for. Today we give you 7 essential preparation tips to ensure your car finance application goes through without a hitch! 1.Check Your Credit FileIf there are any unpaid defaults on your credit file, fix them up well before you apply for a car loan. 2.Downgrade Your Credit Card LimitIf your credit card limit is $10,000 (even though your running balance is always zero), lenders count this as a $10,000 debt. This is fair enough, considering it could be at any time! Lowering your limit can help you find success with car finance.3.Pay Down DebtsHigher debt levels will count against you more than a lack of savings in your car finance application, mostly because debts grow at a much faster rate than savings do. If you have savings, you should either use them to pay down debts, or ... see below! 4.Save a DepositCars depreciate fairly quickly, and as such there remains a possibility for the lender that if you default on the...more
The salaried people of Canada, like their counterparts all over the world, are to pass through, sometimes, financial crisis, in the middle of the calendar month, because their paycheck is exhausted within two to three weeks and the next payday is far away. Demands that arise during this period cannot always be ignored or left unattended. Sometimes,...more
Getting a brand new car is definitely a big step. They say that after a house, a vehicle is the second most costly investment you will make. It is important to have knowledge of how to secure a car finance solution to make the process simpler. Most loan companies offering car finance solutions use three Cs to judge your application. Understanding...more
What is Debtor Finance?In simplest terms, a debtor financier is anyone who transacts business for someone else. Debtor Finance or Receivables finance (also known as factoring, cash flow finance or invoice discounting) has been a major component of business capital raising since the 1700s. Since then it has survived economic booms, recessions, and depressions. Nowadays, businesses often have misconceptions about, or overlook completely, how they can benefit from Debtor Finance. One of these misunderstandings is that only a financially weak company would factor their book debts. While that occasionally happens, Debtor Finance is more often than not done by companies who are focused on growth. These are the businesses that need improved cash flow so that they can receive discounts from suppliers, prepare their inventory for peak seasons, upgrade equipment, and produce and sell more goods or services.Traditionally, a debtor who takes a long time to pay an invoice causes the business to lose money due to financing, staff, and overdraft. Debtor Finance can be a solution to this issue. Customers can use Debtor Finance on their accounts receivable in order to avoid incurring debt. When...more
Tired of waiting? Cant afford to wait?Are you waiting 30, 60 even 90 days to get paid by your clients? Here at Cashflow Advantage we can provide Invoice Finance within 24 hours! Playing the waiting game, particularly in todays environment, can be...more
A person always tries to be prepared for any kind of emergency if ever it comes as he keeps saving money from whatever amount he earns every month. We cannot be certain about the actual amount that would be required at that very hour so a person who...more
Days are over when only people with good financial history are able to apply for funds, now people with worse ratings can also apply for finances which are specially meant for them and can avail funds and erase their problems relating to the money...more
How could you envision building finance division with no computer? You've got multiple duplications of digits to process on including company finances and expenses, fiscal reports and income statements. You have several correspondence and circular to...more
Australian Finance has been serving for more than last 25 years. They help a normal person to achieve their goals and dreams. Well, before taking a loan you need to remember some important things such as interest rate on the loan and the time you...more
Need a car but don't know where to get finance from? Then do a search online where you can find quality service and have extensive access to a large choice of finance companies, as well as finance rates much lower than any bank can offer.Every...more