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Posted by on Feb 14, 2014 in Blog, Finance & Money | 0 comments

Perks Of Selling Receivables

Many companies will find that having more liquid capital can be beneficial to their company as they will have the capability of being able to invest in more opportunities that may allow the company to expand. Some companies may find that they may be in dire need of immediate funding that can allow them to take part in time-limited projects.

One of the easiest ways of finding the funding needed will be to sell receivables in Toronto. When looking to sell receivables, it is generally best to consider taking a look at the offers that are being made, and the percentage of the receivables that will be paid out by the buyers. Since each buyer has a different policy, comparing prices can help many company owners find the best deals possible.

The funds that are received from selling the receivables can help many company owners invest in numerous opportunities or pay off employees, and other expenses without incurring any debt. Keep in mind that the interest rates and late fees from the debts may actually end up costing more than what would be lost if the receivables were sold early.

Selling receivables can also allow company owners to be relieved of the headache of having to collect from stubborn or unreliable debtors.

If you think that selling receivables might be a good idea for your business, you could start the process by talking to JD Factors.

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Posted by on Feb 14, 2014 in Blog, Finance & Money | 0 comments

Needed To Finance My Very First House

My wife and I had been shopping around for a home for quite some time. We were living in an apartment and were tired of throwing away our money on rent each month. The interest rates at the time were very low, and it felt like a good time to take that big step of buying our very first home. After looking at dozens of houses we finally found one which we liked, so we placed an offer on it. Much to our surprise the sellers accepted the offer right away, which meant we needed to start shopping for mortgages in Prince George through companies like Commonwealth Financial.

We started by going down to our local bank, as we knew they did mortgages as well. The loan officer that we met was very helpful, as they sat down with us and walked us through the entire process of what we could expect for getting our mortgage. Thankfully we were pre-approved the very same day, and decided to move forward with getting our mortgage through them. We were told we were buying a house well within our means, so it should not be a problem at all with having our first mortgage approved by the underwriters.

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Posted by on Feb 13, 2014 in Blog, Finance & Money | 0 comments

How A Debt Consolidation Agency Can Benefit You

If you have too many debts to manage, you can feel stressed out every moment of your life. Trying to get your normal everyday bills paid as well as past debits and credit cards can take over your life. An easy way to get it all under control is through an YK debt consolidation company. Here are a few ways they can benefit you.

They work on paying the accounts for you. Using a debt consolidation company means, you send them one payment a month. They handle the rest. They arrange with your creditors to come up with a debt management plan. You may receive lower interest rates, lower fees, and even a lower balance.

You can have a constant plan in your life. One of the benefits of working with a debt consolidation company is there are no surprises. You send in one monthly payment and don’t worry about your bills being late. So, there are no increased interest charges or late fees tacked to your accounts. You can get out of debt faster because those payments remain consistent. When one balance is paid off, that payment gets applied to other debts.

Remember, debt consolidation may not be right for everyone. It’s meant for those with unsecured debts such as personal loans, have collection accounts, or credit card debt.

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Posted by on Feb 13, 2014 in Blog, Finance & Money | 0 comments

Reasons Why It’s Always Wroth It To Get Multiple Insurance Quotes

If you recently bought a new car, need to find ways to save money, or are dissatisfied with your current auto insurance carrier, getting multiple insurance quotes is always advised. It can help you save money and from wasting time with a carrier you didn’t want from the start. Here are 3 reasons why it’s always worth it to get multiple Cambridge insurance quotes.

One insurance agency may raise an interesting fact you can bring to another

So, once you have entered your information for quotes, representatives will start to contact you. During your discussions, they may introduce a new fact to you and you can inquire about it with another carrier.

Each insurance agency has various discounts available you can compare

Not every insurance agency offers the same discounts. Their rates vary as well as their discount percentage. So if pricing is a firm decision maker for you, find about each discount you are eligible for and make your decision from there.

Your credit score determines your rates

More people are aware now that their credit score is one of the deciding factors of their premiums for car insurance. However, since there are three major bureaus, you never know which will be used or how heavily that score weighs against you. Find out your credit score for each and what bureau they use to score you. Learn more about your insurance options at Cambridge Insurance Brokers (Preston) Ltd.

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Posted by on Feb 13, 2014 in Blog, Finance & Money | 0 comments

Obtaining A Reduction In Your Car Insurance In Toronto

With the renewal of your auto insurance looming, now is the time to see if it is possible to lock in a lower premium. One approach is to sit down with your agent and go over the particulars of the policy. You may find that it is possible to reduce the cost of the car insurance in Toronto through a company like Chris Mellor Insurance Brokers Ltd with very little effort.

While going over the terms of the insurance contract, consider how your own circumstances have changed over the years. Perhaps you now work at home rather than driving to and from work five days a week. This means you are on the road less often and the chances of being involved in an accident are lower. Your provider may take this fact into account and determine that you can maintain the same benefits for a lower monthly rate.

Don’t overlook the possibility of increasing your deductibles as a way to lock in lower premiums. Provided that you can keep enough cash in an interest bearing account to cover those deductibles, you will still be in a position to cover the damage resulting from any type of traffic accident. In the interim, you pay less for your coverage and earn interest on the funds earmarked for those deductibles.

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