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Showing posts with the label banks

The Fundamentals of Equipment Financing- How and where to get it.

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  Following prolonged economic recovery, fabrication businesses continue to grow. With older equipment being replaced and new equipment purchased for expansions, shop owners have an ever-growing spectrum of financing options available to them. Within the last decades, banks have implemented and equipment finance divisions, and new specialty finance companies have emerged. Even machine tool vendors increasingly are offering financing options. It is a buyer’s market for fabricating businesses as all of these entities compete for equipment financing business. We appreciate the advancement in technology and know how, you need to wait only a few days to learn whether or not you are approved for financing. The time frame can take longer, depending on size and complexity of the transaction, but in most instances news about financing is quickly received. Sources of Equipment Financing To ensure that you secured a lender who fits your desire, The need to understand source of financing your ...

Funding Sources for Microfinance Banks

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  Funding Sources for Microfinance Banks Funding sources for microfinance banks are regulated and the need to adhere to regulatory provisions cannot be over emphasized. WHAT IS MICROFINANCE Microfinance refers to the  financial services provided to low-income individuals or groups who are typically excluded from traditional banking Most microfinance institutions focus on offering credit in the form of small working capital loans, sometimes called microloans or microcredit. Sources from funding sources for ease of understanding. #A  Shareholders’ funds (Paid-up share capital and reserves) :  This is the owners’ equity. The funds put together by the owners verified and approved by CENTRAL BANKS. It usually comes at no cost to the business. #B Deposits/Savings of customers:  As operation progresses, the business is expected to generate cashflow through the sale of products and services designed for customers. Here, products can be designed to attract savings, depos...

Myths and Truths About Financing with Havelet Finance Limited

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  Myths and Truths About Financing with Havelet Finance Limited As financing becomes increasing difficult to obtain from local bank/ domestic finance companies, potential borrowers are looking outside of the shores of their localities to secure loans. Havelet Finance Limited is one particularly appealing destination to acquire financing, but there are still a number of myths and misconceptions surrounding the idea of financing with Havelet Finance Limited.  Get to know the truth, and debunk common myths, in order to find the best financing deals possible whether for your business, your education or your new home. Havelet Finance Limited offers financing only for Corporations: False This is one of the most common myths, but it is absolutely untrue. Although many corporations from around the world choose to secure financing from Havelet Finance Limited for a variety of reasons, individuals can also take advantage of the affordable rates of lending. If you require a loan to ...