Knowing Corporate FinanceCorporate Finance is anything that refers to the financial dealings of a corporation. It is a general term that applies to methods, procedures and operations of finances of the company. Corporate Finance is also called Corporation Finance. A corporation has a financial division department that is tasked in managing corporate finance. Through this business function, the company may be able to evaluate different business...more
If you're looking to sell in the near future, you may need to consider redecorating your home to make it more interesting to potential buyers. The only problem is that it's not always easy or feasible to finance projects such as home improvements.But have you considered the option of remortgaging your home and borrowing additional funds against the property? This is a great way to release the equity and use it to invest in your home, make it more...more
Historically low interest rates have many people tempted to repeatedly refinance their mortgage. Before you turn into an interest rate-chasing junkie, lets talk about when refinancing makes sense and when it can cost too much. First, keep in mind that refinancing merely restructures your existing debt; it doesnt make it go away. When thinking of refinancing, be clear about your goalAre you looking for a short-term solution, such as:1) Getting out of an adjustable-rate mortgage (ARM) or an interest-only loan.2) Removing your soon to be ex spouse from the mortgage loan because of divorce.3) Tapping into your homes equity for cash.Know your total cost. Unless you are forced into refinancing to fulfill your divorce settlement agreement, repeatedly refinancing just to score the latest low interest rate might not be worth the extra cost. Hefty closing costs manifest themselves in unexpected places and forms. They can be disguised in origination points, a higher interest rate or a higher loan amount. And, if your loan amount exceeds 80 percent of your homes appraised value, then there are other expenses, such as private mortgage insurance.Consider how many months of lower payments it will...more
The news regarding confusion if bridging finance is a curse or a blessing unfolds a new perspective for the borrowers. It is stated that the old news, which believed bridging, finance to be a curse has been reinstated as many professional advisors understand the benefits of bridging finance. This product is getting its recognition and is understood...more
Profit? From a money losing strategy? Before you question our sanity consider this ! Everyday thousands of firms in Canada are selling their receivables at a loss, they know it, and they still have chosen to tap into one of business financing Canada's best working capital and cash flow strategies, despite the cost and apparent loss!We're talking...more
Every penny counts in today's economy, whether you're struggling to make the rent on a lower salary than you're used to or whether you're still marching forward through these rough economic times. Everywhere you look you'll see articles or reports on how to save money, rebuild credit, or just put groceries on the table. There's one basic principal that can help you tremendously, however, and it applies to those dealing with financial difficulties just as much as it does to those who are still doing fine financially. That principal is basic money management, and if you lack it then you'll never be able to keep your head above water.1) Basic money management. Design a budget that fits your needs. It can take time to plan out your budget, but it's an investment in time and energy you can't afford not to make. Make a list of all your expenses and bills.Compare that list to your income after taxes.This will give you an idea of how much money you have left over each month to spend or save. Doing so may also give you an idea of bills you can eliminate and luxuries you can afford to do without, two excellent ways to save money.2) Take a look at your credit report. Be sure to review your...more
Its a natural habit of all of us that we want to spend our entire salary for the day to day expenses and try to save some of them for any emergency. Several times, it happens that we save money but often it also comes in front of us that we are...more
Entrepreneurs searching for their ' antidote ' to the question ' how to finance a franchise ' in Canada seek to unlock the secrets of banks and franchising companies in Canada. We think we have earned the right (via experience) to have learned and...more
We're the first to admit ' change ' is one of the most difficult things to cope with sometime, both in our personal lives and in business. Hindsight becomes a great friend, and that's why we use this analogy in talking today about ABL financing in...more
Financial tussles are a common thing in the house of a salaried class person, if in case his monthly earnings are small in amount. He faces the problem of shortage of cash in hand at the time when any urgency raises its head. At such times, instant...more
There are times when it is hard to wait in anticipation for an expected flow of cash. It is frustrating when you are waiting for cash from a sale of certain asset, and the time is ticking away till you purchase a new asset. This is when bridging...more
If you want to purchase your own property without going through the whole annoying process that generally comes with obtaining the accounts that you need from a conventional lending institution, then it is sensible to get funds from property vendor...more