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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- Grant quick cash with attractive features
Introduction:
Payday loans are one of the famous loan schemes which provide the quick cash with instantcy. These are specialized in providing short term cash without the hassle of faxations which usually requires lots of time and effort. It is a quick cash advance without going through from the hassle of getting the loan from the bank. You can use the internet application option with comfort and ease of applying it within being in your home of office. The trouble of preparing extensive paperwork and documents is the traditional philosophy. With the increase of modern high tech advancement, you can get the loan within your bank account with the help of some of the electronic transactions. The short term loan will get you out of the financial crunch if you are going through.
Features:
The very advantage which you can get while getting the loan money is that you can apply it with online facility getting ease and comfort. It just requires filling a simple form with requisite information to get fast loan approval. You can apply for no credit check loans without any credit checking facility. The borrowers having bad credit status can also apply for these loans. You can get the loan without any documents preparation and extensive paperwork which can take very less time. You do not have to waste your time in collecting the documents. No credit check same day loans referred as cash advances which are extremely short term with easiness. This is the fastest way to a reliable source of money. Cash advance is really the most appropriate solution in case of urgent need of money. The loans money can be used for any of the purpose whether for personal use for professional use. These loans are designed to help you in your emergencies that can not wait till your next payday. These loans are unsecured loans which do not require any security to get the loan. You can get the loan amount in the range from £100 to £1500 and pay back the loan money within 14-21 days. You can get the loan approval from the lender through an email within few hours and get the cash within your bank without any discomfort of visiting to the lender.
Requirements:
You have to get eligible from the certain required terms and conditions:
1. The applicant should be permanent citizen of UK and should be having permanent residential address staying there for at least past 12 months. 2. He should be having lively bank account for certain electronic transactions which should not be more than six months old. 3. He should be regular employed earning a viable source of income working within the same organization from the past six months. 4. The borrower should be having at least 18 years of age to get eligible to get approval of loan amount with ease.
Summary:
Payday loans can act as a great tool of assistance in your bad times which helps providing you good financial assistance. The loan application had grown in popularity with financial assistance at time when you are in need of external financial helps and are unable to get from anywhere. It will get you the required amount of cash with ease and in hassle free way. It is the fastest way to borrow short term loans without pledging any collateral against the loan money as a security.