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How to Bank On Yourself and Get Back the Interest You Pay to Lease or Finance Business Equipment (Page 1 of 3)
What if there was a simple way to bank on yourself and become your OWN source of financing for the business equipment you buy or lease?
You’d make the same profits that banks and leasing companies are now making on you!
Now what if I told you that, by financing things yourself, rather than through an outside lender, you could ALSO get back the ENTIRE cost of the vehicles, equipment, machinery, electronics and buildings you buy or lease for your business?
Impossible, you say?
Oh, but it’s not! In fact, over the last five years, I’ve gotten the last three cars I use for my business for free. PLUS I’ve put all the interest charges I previously paid to finance and leasing companies for cars into my OWN pocket, instead!
It’s not magic although it may seem like it is and it’s easier to do than you might think. What I’m about to reveal to you has (until now!) been a well-kept secret I stumbled on, working since 1990 as a consultant to financial advisors.
Let me show you the power of this strategy which almost any business owner or professional can use to turn the flow of money in your business and personal life from cash OUT to cash IN. I’ll use the cars (or trucks) you buy or lease for your business as an example
Let’s say you were to buy a new $25,000 car every 4 years from age 40-80 (10 cars total). To keep it simple, I’m not factoring in inflation or any trade-ins.
If you finance those 10 cars through a bank or car dealer, it will cost you $289,920, assuming a 7.5% interest rate. If you lease those cars, your cost will be $199,680.
And if you paid cash for the cars, your cost would be $250,000.
However, if you could bank on yourself and finance those 10 cars yourself, at the end of 40 years, you’d have $461,139 in your account! That means the difference between financing the cars through a bank, which would leave you $289,920 in the hole, and financing them yourself, the way I’m about to show you, which would leave you UP $461,139
is $751,059!
And, when you bank on yourself, instead of paying cash, you’d STILL come out $711,139 ahead! ($461,139 + $250,000 = $711,139)
Put another way, you have a choice: You can have the cars AND the money
or just the cars. Which would YOU rather have? (And this strategy can be used to get back the cost of ANY major purchase business or personal not just cars!)
Do you have any idea what financial strategy or vehicle will let you do this?
Well, it’s not a savings or money market account or CD. And it’s not an investment account or retirement plan or IRA. None of them will work, for a number of reasons.
You can accomplish this by using a specially-designed type of life insurance policy. Now please DON’T stop reading if the words “life insurance” turn you off, because this is NOT the kind of life insurance most people know about!
To be able to bank on yourself, instead of lining the pockets of an outside lender, you must use a policy that has been specifically designed to turn a traditional life insurance policy upside down by going for MAXIMUM cash accumulation, while minimizing the death benefit.
Payday Loans-Experience easier loan application and approval
Nowadays, you can see that every second person fall in shortage of finance as the income is stable and expenses kept on rising. If you are also going through the similar phase and need quick and hassle free loan assistance, payday loans are here to support you. It is one of the ultimate and trouble free monetary aid for the people who want to get rid of their small financial dilemma without any delay and cumbersome loan procedures.
In order to get the payday loans, you do need to go through from stringent qualification criteria, just few eligibility criteria is required to be followed such as:
1. The applicant must be a domicile of UK.
2. He must hold a checking account under his name
3. It should not be more than 3 months old.
4. He should be in regular employment
5. He must earn at least £1000 per month.
When you stay from payday to payday and fall in financial gaps, this loan can be the perfect source of finance for you in emergency situations. The loan amount that can be available to the borrowers can be up to £1500. The repayment is easy and flexible that is varied from 14 to 31 days. Meet out your cash crunches such as unpredicted car repairs, furnace replacement, hospital bills, small vacations and so forth.
Getting anxious about holding bad credits are the bygone days as now lenders accept the application of all borrowers despite of any credit status. Payday advance loans do not follow any credit verification process at all. Thus, if you are tagged with bad factors, it is not a big problem and you can easily access the required money with easiness.
Moreover, if you are reluctant to place any collateral as a security against the loan amount, you can take a breath of relief. Payday loans do not ask for any collateral at all as it is short term loan support for you. No faxing and no paper work make the application of loan really easy and fast.
Fill out an online application form and submit it. Internet makes the things easier and faster for everyone. So, do not move out from your home or office and waste your valuable time. Lender verifies the details and the money will transfer in your bank account in hardly few hours. Do not lose hope if you went out of cash, this is the reliable fiscal scheme.