How Is A Business Loan Different From A Mortgage?

Posted on: 2 February 2023

Are you starting a business or expanding your current one, and you are in need of some cash to do so? If you are only familiar with borrowing money based on your previous mortgage, it will help to know the main differences between these two types of loans.  Business Loans Are For Business Expenses  The main way to look at a business loan is that you will be using the money strictly for business purposes.
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5 Reasons The Timing Of Your Mortgage Pre-Approval Matters

Posted on: 4 January 2023

Buying a home is a stressful process for most people, so anything that can make it easier is welcome. One of the best tools you can get while home shopping is a mortgage loan pre-approval. But when you get that pre-approval is key to its success. Here are a few reasons why timing is so important.  1. Pre Approvals Expire. The pre-approval doesn't last forever. Many may be valid for up to several months, but some expire as early as a month later.
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Three Home Equity Loan Myths Owners Should Overlook

Posted on: 2 November 2022

A home equity loan offers a way for homeowners to gain access to the equity they have earned in their home. This equity can then be used to do anything from pay off debts to home renovations. While these loans and their parameters are rather straightforward, there is a great deal of misinformation involving them. If you are on the fence about getting a home equity loan, make sure you can identify what information is not accurate.
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How PO Financing Helps Cash Flow

Posted on: 21 September 2022

Purchase order (PO) financing is a common practice among businesses, but do you know what it is? If not, you might want to learn about it if your business invoices its customers. When you invoice customers, they have time to pay their bills. It might be 30 days or longer, and you must wait that amount of time to receive the money for the goods you sold. Your customers might love this, and you might see an increase in sales.
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