The Bigger The Property, The Easier It Is To Get The Money!
Posted on February 7, 2008 - Filed Under Business | Leave a Comment
That statement sounds hard to believe doesn’t it? The bigger the property, the easier it is to get the money for it. How could that be possible?
Having been investing in multi-family houses for over ten years now, I can tell you that it is actually easier to buy and own a hundred unit complex than it is to own a ten unit building.
There are several reasons why this is true. The first being the financing, lenders are not paid a flat rate for lending on properties, lenders are usually paid based on a percentage of the loan amount. Let’s say they earn a profit of 2% of the loan amount.
Read More..>>Invoice Factoring For Subcontractors
Posted on February 4, 2008 - Filed Under Finance | Leave a Comment
If you own a subcontracting business your general contractor normally will pay invoices in 30 to 60 days. This creates a lack of liquidity because your cash flow is on hold for that period of time. This may prevent growth and create difficulties regarding making timely payments to suppliers and your staff. Factoring invoices is a way to accelerate cash flow from invoices by selling them at a discount to a commercial finance company.
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