Factoring Receivables For Better Cash Flow
In the financial world, factoring receivables refers to a process where a business sells its debts to a third party. The third party pays the business for the value of the invoices, minus a percentage. They then pursue the debtor for the funds. This transaction is made possible because debts are listed as an asset on a company’s balance sheet.
Tips in Purchasing Your Own Property in an AuctionPurchasing any property can be a dream come true for an individual who has been working hard. But still, you can be on a tight budget since you also have other priorities in life. Read on for more details.
Things to Consider When Applying for Government GrantsThere are various ways in which you can get access to government grants. One of them is by forming a group and registering with the relevant authorities. From here you will be directed on the procedures you need to follow and all the requirements.
Overview of Government GrantsA government grant is a financial award disbursed by the Government toward the funding of a particular project or for specific resourceful purposes. These grants can be given to education institutions, research institutions, medical institutions, individuals or a group of people with the same interests. Government grants have a great difference from loans.
Where Will You Position Your Money?Positioning your money in the next 1 to 5 years in the proper investment vehicles is going to be critical if you want to be on the right side of the next great wealth transfer. Never has there been a time in history with such a great opportunity that we have in front of us today. This wealth transfer will be of one of such great magnitude that it will far exceed the wealth transfer during the Great Depression.
Banking on an Angel?In a recent banking survey most clients responded that bank lending is still their preferred method of finance. However, equity investment now ranks more highly than has historically been the case. If the proposition stacks up and each party is agreeable to its terms, private investment from the likes of a business angel is a useful source of finance particularly for amounts of between 25K-750K but is usually still used in conjunction with bank debt. So what exactly are business angels? When do they get involved? Is this the sort of investing you/ your clients should be looking at?
Banked Vs Unbanked Children: Whose Future Are We Banking On?Managing money is a skill that does not occur naturally for most of us adults, much less our children. The problem with this reality is that our children represent our future as a nation. Given this, when are we as a nation going to start teaching financial literacy to our children?
