Business and Finance

I was on my way home from the office
tonight and I caught an interview on the radio with Paul McCartney. Usually I’m not very in tune to these kinds of things but the title to his new album “Memory Almost Full” caught my attention. He went on to say, and I loosely quote…”When I talk to the business people in my life I always tell them…I’m an artist, I need a significant amount of empty space in my head to allow a song to find it’s way in there”. As a small business person I thought to myself “how convenient for you Paul!” A little jealous I suppose, I got to thinking about this feeling that there are no such conveniences in the small business world, and that perhaps, there should be. If we go beyond the point of “memory almost full”, or perhaps more appropriately to our technological advances, “virtual memory running low”, and lose site of the creative process could we be allowing the onslaught of technical information to “crash” our success?

What percentage of small business owners would say that they face exponentially greater demands for technical production today than they did two years ago? What percentage would have said the same thing two years before that? Even those of us (myself included) who have prided themselves on a neat and tidy worldview seem to be at a cross roads between a calm, happy lifestyle on one hand, and being consistently “frustrated” with the competition and complexity of a maturing on-line marketplace.

When it comes to the challenge of succeeding in the face of technical adversity and simultaneously successfully managing our private lives, how can we tell if we are on the right track? What can our frustrations tell us about the direction of our small business in relation to the general marketplace? Are we on information over-load or are we simply chargning down the path to success?

Continue reading ‘Memory Almost Full… Defeating Technology and Frustration!’ »

Unlike any finance company you have ever dealt with, the best ones try to see things other lenders do not, they look for a way to approve a loan instead of finding 10 reasons to decline one. No lender will approve someone while they are in forbearance (behind on your mortgage) or in foreclosure. The same banking rules that used to exist simply do not apply anymore just because someone does not pay on their Mortgage, Credit Cards or Car Loan does not mean they are not going to pay on ours. Lenders have simply lost the ability to lend due to previous loans that just simply didn’t make sense!

We specialize in helping with credit challenged consumers of any type, being we are actually the finance company that is going to be responsible for your loan. We pride ourselves on establishing a relationship with the consumer (YOU)as oppose to approving or denying you based on what your credit file holds.

Refinancing may be undertaken to reduce interest rate/interest costs (by refinancing at a lower rate), to extend the repayment time, to pay off other debt(s), to reduce one’s periodic payment obligations (sometimes by taking a longer-term loan), to reduce or alter risk (such as by refinancing from a variable-rate to a fixed-rate loan), and/or to raise cash for investment, consumption, or the payment of a dividend.

An auto refinance is a loan that pays off your existing auto loan, similar to a mortgage refinance, but with a much simpler and faster process. Your new lender pays off your old loan and the title to your vehicle is transferred to your new lender. Typically, consumers refinance to get a lower interest rate in order to reduce their interest costs, or to lower their monthly payments. Auto loan rates are at very low historical levels, so consumers are increasingly taking advantage of this by refinancing. If your goal is to reduce the amount you are paying in interest, you may want to consider an auto refinance loan with the same or reduced term as your existing loan. If your goal is a smaller payment, you may want to consider extending the term remaining on your existing loan, although this may increase the total interest paid over the life of your loans.

In the context of personal (as opposed to corporate) finance, refinancing a loan or a series of debts can assist in paying off high-interest debt such as credit card debt, with lower-interest debt such as that of a fixed-rate home mortgage. This can allow a lender to reduce borrowing costs by more closely aligning the cost of borrowing with the general creditworthiness and collateral security available from the borrower. For home mortgages, in the United States, there may be certain tax advantages available with refinancing.