Author Archives: Kevin Dehaven

Apply for small business loan online -A small business loan you can afford

A business plan for obtaining a loan is often designed to assess the viability of the business. The purpose of the company is to obtain cash credit without recourse to the credit institution. Starting a business today with no concrete ideas about the future and confidence in the company’s viability is quite risky. Intuition for a good business idea can be misleading. A good idea can only remain a good idea unless all the risks and factors that can affect the business and its existence have been considered. Decisions about starting a business, continuing or closing an existing business are very serious decisions. They are based on serious discussions and accurate calculations.

So what are these estimates? Estimates of the costs you may incur when setting up a business, the cost of manufacturing or providing services, and other expenses that may be large enough to reach the amount you need to realize that a credit to a company will be one of the best options. A business plan for getting a loan is one of the most important documents to consider when starting a business, as well as for evaluating your existing business and your ability to survive in today’s changing era.

A small business loan you can afford

Oak Park Financial – offers its customers a small business loan on favorable terms. Our credit is particularly suitable for all companies, which may find it difficult and time-consuming to obtain loans from banks and other credit institutions. Sooner or later, not only small and medium-sized businesses but also large companies, face a situation where there is an urgent need for credit for the company or additional funds for a specific purpose. Often the need for additional funds is urgent, and in this case, our credit is a quick solution in such situations. Applying for a loan requires you to complete an application that will only take you a few minutes, at any convenient time and place.

A business loan from us is an opportunity to get a loan for the development and growth of your business with a tailor-made solution for your business.

Business loan after business plan development

Business loan after business plan development

Any or lender investor evaluates the solvency of a particular company to determine the future of the business. It does this for both new and existing companies. No one will want to invest their money and money in a risky project or business whose future prospects are questionable. When there is uncertainty about the future of a company and a particular product, it is always possible to ascertain their effectiveness by seeing realistic estimates. Therefore, a business plan for obtaining a loan is set up so that credit institutions and non-bank lenders can be assured of the effectiveness and viability of the money invested. 

Business plan for getting a loan and its importance nowadays

Any business or business is successful and can thrive if it can adapt to today’s changing human requirements and technological advances. As everything changes and evolves rapidly, especially in technology, companies must be able to adapt to these changes. Without thinking about strategies and business, it can be difficult to predict not only the future but also whether the business idea itself is worth realizing.

Starting a business or starting a business without a business plan is like getting in the dark and hoping to find a way out. Therefore, a business plan for getting a loan is a good way to put your business idea on paper. This is only because it is necessary, for example, to get a cash loan, but also to evaluate other factors and risks. Detailed financial forecasts, as well as competitor analysis and risk assessment, are important indicators for the company. Let’s not forget that the process of drawing up a business plan not only for newcomers but also for companies that have existed for several years, allows them to reflect on and evaluate various aspects that are important to the company, perhaps even to find opportunities and solutions to improve their business.

Not only does the business plan include financial calculations and a description of how much cash credit is required, but also the purpose for which it is intended to be used and the benefits of such credit. The lender requesting a business plan wants to see specific things in it, and the information in the business plan will influence the lender’s response. All the information included affects both the availability of credit to companies and the terms and conditions on which credit is offered. In this respect, Good Finance, a non-bank financing company, is developing the best solutions because it understands that companies and their areas of activity are different.

Will credit be the best choice for the company?

Credit to companies is often a necessity for raising funds, for example, to purchase equipment or to increase working capital. Will the company be approved for a loan application? How do I improve my company’s access to credit? Credit to a company is basically a cash loan that can be obtained if the loan application is completed and approved by the bank. The application that needs to be completed is necessary for the lender to evaluate the particular company and consult the details of the application.

Let’s imagine ourselves instead of a lender. Would you evaluate a loan applicant? Would you give credit to anyone who wants it? The answer will probably not be positive, because it is important for you to know who you are giving the money to. You will want to evaluate every loan applicant to understand that the loan will be repaid. Does the company need money? What will the money be used for? All these issues are very important. Anyone who thinks instead of a lender understands the importance of carefully assessing applications and offering the best solution for a particular borrower.

Why do I need a Munter credit?

We all have dreams. Some want a new car, others put that business with which they have been dreaming for years and others continue to be trained to grow in their company and give a better life to their family. But for all that you need money and you don’t always have it.

Munter knows that, so he wants to be your best ally by helping you with a loan that will provide you with the money you need and that will help you fulfill your dreams.

But why should the credit you need be with Munter? The answer is because you will have in addition to the money you need, multiple benefits.

First of all you will have a credit in real conditions according to your needs and your ability to pay. With custom fees and no hidden fees. From Munter we want you to get the most benefit and so you can achieve all the goals you set.

 

But there are more advantages

Facilities

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To make your life easier, you can get your credit electronically. Even in less than 24 hours. You will not have to travel or make long lines to deliver your stationery, since a person in charge will pick you up at your work when it comes best.

 

Taking care of your financial health

 

Monthly interest rates range from 3.25% to 5% depending on your profile. The deadlines to pay your credit are 24, 48 and 60 months. What we are looking for is that you get the money you need, but you can also meet your monthly fee. That will create a good credit record that will allow you in the future to opt for more and better financing conditions.

 

Trust

Taking care of your financial health

We are a solid company that trusts its customers. For that reason, we give you a credit without surety. We believe in your responsibility so you will not need anyone to back your credit.

 

Speed

We have the ability to transfer the total amount of funds requested to your bank account in less than 48 hours after credit approval.

 

Comfort

Comfort

The facilities will not end once you have approved your credit. In order to pay your fee each month you will have an extensive network of payment points: Supermarkets, pharmacies, banks and even different applications will facilitate this process.

 

Payments to capital

If your economic situation improves you have the possibility of canceling your credit early. You can make payments to capital without penalties whenever you want.

Don’t you understand the new Civil Code? Mouthwash for business executives – Business Loans

The new Civil Code has made a big difference in the life of companies. The Good Finance Law Firm reports on changes in the responsibilities of corporate executives on our blog.

One of the most important things to know is that there are two responsibilities of senior executives: towards the company and third parties. It is important to emphasize that it is only in the latter case (ie vis-à-vis third parties) that the legal regulation of the liability of senior officials changes significantly in the New Civil Code.

Let’s look at the regulation of two cases in the New Civil Code:

I. RESPONSIBILITIES OF THE CORPORATE OFFICERS TO THE COMPANY

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3:24. § [Responsibility of the Chief Executive]

The senior official is liable to the legal person for any damage caused to the legal person (the company) in the course of its management activities in accordance with the rules of liability for breach of contract.

Leaders can make dozens of decisions a day. In most cases, they do not have the opportunity to consider every decision 100%, to read every contract. Therefore, it is almost inevitable that they make a mistake. And if that happens, it is up to the owner to claim compensation for the damage (unless the driver, according to a rule to be described below) excuses himself).

There are as many types of damage caused by senior executives as there are different types of companies, so here are just a few examples:

· The Executive will not make / modify the lease with due diligence.
· The Chief Executive does not take into account the fact that he / she cannot enter into a contract with a non-association municipality under the EU grant agreement.
· The executive officer signs a contract that obliges the company to pay unreasonably high penalties.
· In the carrier, an employee who has an accident due to an inadequate tire is claiming damages.

II. RESPONSIBILITIES OF LEADING OFFICERS TO THIRD PARTIES

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6: 541st § [Liability for Damage to the Executive Officer]

If the senior official of the legal person causes damage to a third party in connection with this legal relationship, the senior official shall be jointly and severally liable with the legal person against the injured party.

Among the damage caused to third parties, the New Civil Code is first. mention should be made of a completely new provision which makes it possible for the injured party to pursue a claim directly against the chief executive officer not only with the company. This means that, in the event of a judgment of the court, the damages awarded will be recoverable from all the private property of either the company or the executive.

3: 118th § [Liability of the Chief Executive to Third Persons] If the company is dissolved without legal successor, creditors may assert claims against the chief executive officers of the company for non-contractual liability up to the amount of their outstanding claims, if the chief executive officer after its establishment, it did not take into account the interests of its creditors.

The rules on third-party liability should therefore also apply where, in the event of a situation of insolvency, the principal fails to take into account the interests of creditors. This regulation was also included in the current Civil Code, so it does not bring any novelty (perhaps the former rigidity, which prescribes the “primacy” of the interests of creditors).

Here are some examples of third-party damage caused by senior executives:

· Injury to third parties in the event of a traffic accident.
· Any non-contractual damage caused to a non-contract customer, supplier, customer, employee (eg snow on a potential customer’s car at the site).

III. EXEMPTION FROM LIABILITY

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The good news is that there is an exemption, but the bad news is that the exemption can only be applied to a slightly narrower scope of damages (significantly narrower than under the old Civil Code).
A manager can only be legally exempt if he proves that

· Outside the scope of its control, and
Due to circumstances unforeseeable at the time of the conclusion of the contract, and
· It was not expected that the circumstance would be avoided or damage remedied.

It is important that these three conditions must be met at the same time in order to be exempt from liability, which means that it is only in this circle that you can only save yourself.

It is also important that the new Civil Code. he does not speak about the responsibility of the chief executive officer, from which it can be concluded that the new regulation does not extend the liability rules applicable to executive officers to the chief executive officers. Their liability is governed by the rules of liability contained in their employment contract. However, it is worth noting that the jurisprudence of the courts may in the future impose stricter conditions in a given matter.

ARC. EXPECTED TRENDS

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The New Civil Code. The following trends are expected as a result of tightening:

· There will be an increase in the number of lawsuits in which the injured party sues (in addition to the company).
· There will also be an increase in the number of lawsuits in which the company will sue the outgoing senior executive for previous decisions.
· More and more senior executives will be asking the company to be exempt, that is, to exempt them from compensation for damage to the company. However, this solution does not provide full security for senior executives, as it must be liable for damage to third parties and if the company has been guilty of insolvency, out of its own assets.
· Many people will take advantage of trust management and will entrust specialized firms (or non-commercial individuals) with the management of their private assets. Such assets will no longer be the property of the executive officer, and therefore no claim for damages can be easily enforced.
· There will be a significant increase in the number of third party liability insurance. This solution compensates both the company and third parties for damage, and even covers the legal protection costs of senior officials from the outset of the proceedings, and reimburses the company for amounts paid by the company in place of its director. This also means that the company can pass on such risks to an insurer. Insurers have begun to increase price competition due to the increased demand in the market, so such a solution may be optimal from the smallest to the largest.

V. OUR OPINION ON MANAGEMENT OFFICERS ‘LIABILITY

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Liability for contractual damage has not changed significantly, while the issue of exoneration has become somewhat narrower, but the issue will be dominated by case law.

There is indeed increased liability for non-contractual damage, but this issue is not expected to be a common problem for executives.

In our opinion, the New Civil Code. The potential impact of the rules introduced by the Act on a particular executive officer or on a particular company must always be examined individually. It is only after a complex examination that a solution can be proposed that is acceptable to both the executive officer and the company.

It is of paramount importance that, if it has not been done so far, a written contract is drawn up between the chief executive officer and the company. It is a common mistake that the parties fail to do so. If you already have such a contract, we strongly recommend that you review it in order to comply with the New Civil Code in all respects. provisions. We also recommend starting negotiations on the so-called discharge statement (waiver), which may be in the form of a separate statement or an amendment to the contract between the parties.

In addition to the above, we believe that concluding executive liability insurance can be a significant mitigation for all senior executives and companies.

Forms of business financing – Business Loans

When it seems that you have achieved the most difficult thing: creating the foundations of a business and shaping your idea, the problem arises from where to seek financing for your business and what are the options available.

It is important to know the alternatives you have to finance a business and choose at any time the one that suits you.

Business financing through self-financing

Business financing through self-financing

This is the first method to go to obtain business financing. Scratching the pocket and getting our company self-financing is essential for the development and implementation of it. This method of financing usually works when the need for financing is not too great as we avoid decapitalizing.

Self-financing is usually combined with other methods of business financing, and also gives security and confidence that another or other people (or entities) lend their money to complement this type of business financing, or why not? to do it in the future since the first one who trusts your business is yourself.

Financing for businesses in acquaintances or relatives

Financing for businesses in acquaintances or relatives

Another method of business financing would be to go to people close to your environment who have available capital and are willing to lend you their money. There will be cases in which the return is with interest and others in which it is free, that is, at no cost.

Finance a business through crowdlending

Finance a business through crowdlending

Crowdlending platforms such as Good Finance, offer financing for businesses in exchange for an interest rate that will depend on the outcome of the study done on them. So far it might look like a bank, but nothing is further from reality. They are loans funded by private capital, that is, by people who are willing to lend you their money, and who in return receive an interest rate previously set for it. In this way, the SME gets a loan with special characteristics:

  • Without hiring additional products, only financing
  • Without consuming CIRBE
  • The loan can be repaid when the company wishes without cost
  • It is much faster and faster.
  • No study commission

As you can see, there are many differences that put the weight of the balance on the crowdlending side.

Search business financing through Business Angels

Search business financing through Business Angels

The financing of a business through the Business Angels is mainly in the growth phase of the company. It consists of a type of people, call them patrons, who are dedicated to looking for businesses with potential, and help them to take off and exploit all the potential they have, through the financing of the company.

Normally this type of business financing is offers in exchange for a shareholding. There are also financing events where these business angels come to listen to proposals where to invest and select those that they find attractive.

How To Save As A Parent – Expense Reduction Tips

Previously, we’ve given you a few tips on how to get pregnant financially, but of course the task does not end with the arrival of the baby: it becomes a daily challenge from there.

However, it is important to realize that – although you may feel this way many times – this is not an impossible mission. Having the right amount of financial awareness and some practical saving tips will all help you win the fight of the week. Put on the gloves, we’ll help!

Saving tips for families with small children

If you are just starting out in family planning, so if your child (ren) has a day to day, read the following tips. As a final result, you will be able to book a balanced weekday and feel positive about your wallet.

The key to all of this is conscious preparation

Let’s start at the beginning! It is very important that when you and your partner decide to have a child, you should be careful about saving money even during this period. Not only to equip your nursery with all the good things on earth, but also to take the time to chart your often unknowing financial habits. The basis of all this is awareness, because what you have no insight into, you cannot improve.

Observe your daily routine: Do you often leave the lights on unnecessarily? Do you tend to accumulate food, buy more than you really need? Consider how you can reallocate some of your saved money, for example, to savings or other major expenses. It’s a good idea to keep a record of your income, your expenses in the much-mentioned “checkered” booklet, and even better, you choose an application that can help you record financial transactions. Make sure that money is not a taboo subject of relationship for common goals.

The joys of recycling

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Have you long been planning to cook your next day’s lunch instead of hobby cooking? If so, it’s time to get started, as you can save a lot of money on homemade meals that you can freeze: even baby food (make sure you use it within two months). The same is true in other cases: if, for example, sewing a button or patching a torn shirt, or sewing, knitting or crocheting baby clothes do not cause a problem, then plan this as you can save thousands of dollars.

You can even save on cleaning products by making your own from environmentally friendly materials (vinegar, lemon, baking soda, etc.). Vinegar, for example, has excellent efficacy, and you can use it for toilet cleaning, and children are no harm in poisonous evaporation than other cleaning products. Most importantly, think about your daily life step by step with this kind of saving attitude!

Make recycling a part of your daily life, because it can save you a lot of money! Use canned flowers as flower pots and get other useful ideas from the internet. This way, you can minimize the doomed things you do and even protect the environment. For example, manually renovating your bored clothes or other household items will definitely reduce your expenses. Inject your creativity and ingenuity!

Use a loyalty card, collect coupons!

Life costs money, it would be a pity to deny it. However, you can organize your spending wisely. Use a loyalty card, collect points and coupons (don’t forget to redeem them!) And of course count: often when you order from the net, you can come out riding a lot better, and even more comfortable.

If you do not require home delivery but ask for delivery to pick-up points, you can save a lot on costs. This is true even if you buy from small farmers in the market instead of supermarkets, in addition to supporting domestic producers and eating healthy seasonal fruits and vegetables.

How to fix our finances

Starting a year is always a great opportunity to start with a clean sheet. We will also get a new chance in finance in January 2018 to live more economically and orderly.

 

Can we handle our earnings?

It is a telling fact that those with the lowest incomes are the easiest to waste their money. Those who are not used to prudent management of large amounts, for example, if they win the lottery, can spend an almost unpredictable amount of money in a short period of time. According to relevant studies, most winners run out of money in 7 years .

Thus, wealth, however powerful, must be guarded, and even if we are well off financially, we must make every effort purposefully.

And if we are not financially sound yet, financial discipline is even more important.

It is worth setting goals for yourself, even writing them down on small notes so that they are always in front of your eyes.

 

Let’s be in the picture

How much money do we have for what? We need to be aware of the constant monthly costs, and the ‘moving’ costs are best recorded to see why we ran out of money.

 

Let us have goals

Let’s set goals that make sense and set our money aside for another bank account. These may just be important to us, so stick to them despite the ‘good advice’. If traveling around the world is more important to us than second homes, let’s gather for it. If someone has dreams, he won’t waste his money.

It’s okay to put money aside for family purposes. Investing in real estate is an expense that returns more than you invested.

 

Yes, I have money, but I’m not the bank

When someone already has a better hay financially, generosity-paying friends appear around him. Many expect us to have coffee for a thicker wallet when we get together, but there are those who consider the loan natural.

Let no friend or relative give you a loan for no good reason, because it is easy for us to stick our money on the stick. Even the malevolence of the other party is not required to wipe it off.

 

Let’s cancel our debt

Let

The first thing we need to do is to lose our credit. It is worthwhile to “withdraw” from the bank loans by prepayment, final repayment. Debt settlement loans are a great way to permanently clear your debt.

Always pay our bills on time – if we always put off doing that, we should be thinking about providing a living for our service companies.