Tag Archives: deals
How to apply for commercial loan funding
Clients seeking commercial finance loans need to remember that first impressions count and their initial standard of presentation and communication will indicate to a potential investor whether they have a serious proposal or are just “tyre kickers”, according to Ms Helen Bassett of commercialfundstogo.com
“Too often clients just visit a website, give it a quick glance over then fire off an email to the investment group asking broad questions, or requesting a loan without providing full details,” Ms Bassett said.
“Quite frankly, this is not good enough, particularly when the client is seeking upwards of $50 million for a commercial property project.
“Clients need to keep in mind that potential private investors are already successful business people they understand the commercial market and they have very sound investment judgment.”
Ms Bassett said clients should initially read the web details carefully, download any lending guidelines and read them carefully, then prepare the required information and forward it as requested.
The first step in making a commercial funding request usually requires the client to complete a project profile online and attach an executive summary. There will then be specific submission instructions, which vary according to the type of loan.
She said the main reason for this structured approach was to minimize the decision making process.
Once the initial information is received, it is assessed and matched with a specific private investor, then discussions are held with the client. The next step is to arrange a face-to-face with the investor so the client can present their proposal.
A decision is often made within a few days after this meeting, thus a client can expect to obtain finance in anything from 20 to 90 days of the initial approach, depending on the type of project and finance.
By having the requested information readily available, the client is not only helping to speed up the application process, but is demonstrating to the investor they are serious professionals who are truly committed to their project.
The real benefit of private commercial programs is that they are more flexible than conventional banks and personal or business credit are not primary factors.
It means deals which make sense get done without red tape, last minute hold outs and lender hoops to jump through. Typically, there are no property restrictions and conforming transactions are also highly competitive as investors are eager to fund solid deals.
Compare credit cards and live your life to fullest!
Laying your hands on the best credit card product is extremely important in today’s time. And when you badly need one, the best way to go about the process is by comparing them. But prospective buyers beware, one needs to scrutinise every aspect as such deals can be bit tricky for them.
Interestingly, as every one of us knows these credit card products come with the different incentives program, benefits and other advantageous schemes along with it. Thanks to cut-throat competition, dealers in credit card product domain are offering great varieties of cards and it is via their comparison that you get the best deal after going through its different terms & conditions. Buyers are advised to take a good look of many other things when they are in the middle of the buying process since, it is significant. It is good to do it as these credit card products are an integral part of society’s finance framework hence, comparing them gives you a better idea of what is the best bet for you. This practice is not only beneficial for the consumers but is also helpful to business people.
For a person who is into business and similar activities (speaking from a provider’s point of view), it is good to have an idea that what they stand to gain when consumers get to lay their hands on the best credit cards deals in the market. Buyers who like to go by their instincts contribute a lot to company’s revenue pool. It is for this same reason, more business will come and this will happen only when consumers will be exposed to best credit card deals. Readers, please bear in mind the fact that this way of buying is quite convenient and of course, non-controversial. This is pretty important approach as far as money goes and for this very reason, many customers will opt for them.
Incidentally, credit card users who don’t have stringent credit limits to honour, will be a beneficial asset for company since, they will be spending more. Of course, this whole cycle benefits the society as economy stays well-lubricated with liquidity courtesy, these credit card products.
All of us are interested in effecting smooth, disturbance-free financial transactions and credit cards are a medium to do so. Obviously, using these cards saves plenty of precious time. Hence, Compare Credit Cards is the best way to go about the situation.
Post recession, many credit card companies have come around and they all deal in different financial products and if one views them closely, he/she will be able to spot the difference between the standard of services offered to the clients. Hence, it is better if the client first compares credit card products and then goes to purchase it since, that will only lend a helping hand in managing his/her finances besides, giving a terrific boost to their self-sufficiency in terms of money.