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#Diseño #u


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El Centro de Tesis, Documentos, Publicaciones y Recursos Educativos más amplio de la Red.


Tous nos modèles de cuisines italiennes haut de gamme et luxueuses, modele de cuisine en u.

#Modele #de #cuisine #en #u


Découvrez les best sellers

de nos collections de cuisines

L’alliance du design et de la qualité

Nous avons sélectionné les collections cuisine de la célèbre marque Snaidero, véritable référence dans le monde de la cuisine.

Depuis plus de 70 ans, Snaidero est animé par la passion du design sans compromis pour la qualité.

Vous trouverez sur ce site et dans notre magasin de cuisine var, quelques-unes des meilleures ventes de la marque.

Nous pourrons vous présenter à notre showroom l’ensemble des modèles de la marque.

Téléchargez notre catalogue CUISINE

Retrouvez tous nos modèles

de cuisine en détail

Le spécialiste de l’aménagement intérieur

Découvrez nos autres univers

La Maison des Archis, votre solution aménagement intérieur à Six-Fours

L’esprit de notre collection cuisine

Vous avez un projet de construction de cuisine ? Ou peut-être avez-vous juste envie de changement et vous offrir une cuisine à la fois plus pratique et plus esthétique ?

Cuisine ouverte, semi-ouverte ou fermée, avec îlot ou unités murales, cuisine en L ou en U. quel type de cuisine est fait pour vous ?

La Maison des Archis vous propose une large gamme de modèles personnalisables dans des collections qui mêlent esprit fonctionnel, innovant et design.

Optez pour une cuisine moderne et contemporaine de la marque-phare Snaidero :

Les cuisines haut de gamme mais abordables Snaidero se veulent avant tout créatives.

Depuis sa naissance, il y a 70 ans, la prestigieuse marque fait appel aux plus grands designers pour créer des cuisines inédites avec une esthétique d’avant-garde.

Snaidero, cest aussi un engagement fort dans la recherche technologique et dans la préservation de l’environnement. Depuis 2006, la firme italienne privilégie les matériaux renouvelables et utilise des produits à faible impact environnemental tels que des peintures à leau, du vernis écologique ou encore du bois certifiés FSC.

Toujours avec une longueur davance sur son époque, le style Snaidero se distingue grâce à ses projets de cuisine conceptuels et recherchés. La marque accorde une attention particulière à toujours viser le bon goût, sans jamais faire limpasse sur la fonctionnalité et tout en laissant toujours une large marge de personnalisation à ces modèles. Les éléments composants les cuisines Snaidero sont souvent disponibles en plusieurs dimensions, couleurs et finitions.

Notre catalogue de cuisines Snaidero comprend 8 modèles inédits, de classiques à ultra-design, que nous vous proposons de découvrir en détail. Chaque modèle correspond à une recherche conceptuelle linscrivant dans une identité design unique et riche de sens.

Conçus pour habiller sur-mesure les espaces de ceux qui aiment des solutions personnalisées et flexibles, les cuisines Snaidero sauront répondre à toutes vos attentes. Nos architectes sont à votre disposition pour écouter toutes vos exigences.

Nos articles sur le sujet de la cuisine italienne

La Maison des Archis vous propose de découvrir des sujets d’actualité, des études de cas et des articles pour mieux vous projeter dans votre projet d’aménagement de cuisine.


HSBC Bank Middle East Limited, car loans 4 u.#Car #loans #4 #u


HSBC Car Loans

Car loans 4 u

Have us call you

With great deals all around, it’s the best time to buy your car. With low interest rates from 2.49% p.a. 2 and more benefits on HSBC Car Loans, you can get behind the wheel with ease.

  • Apply for a Car Loan online and get a call back from our Dedicated Sales Specialists 3
  • No mandatory salary transfer to HSBC is required
  • Loan amounts up to AED 918,000 depending on your eligibility
  • Competitive motor insurance rate for saloons and four-wheel drive
  • Dedicated Sales Specialists at your service
  • Available for all types of saloon, four-wheel drive vehicles and motorcycles
  • Account opening required

Eligible retail customers who avail auto loans on electric or hybrid cars from approved auto dealerships will be eligible for 50% discount on the applicable arrangement fee and up to 0.25% discount on the applicable interest rate 4 .

Up to AED 918,000

From 2.49% p.a. 2

From 12 to 60 months

Car Loan Calculator

The HSBC Car Loan calculator is the easiest way to check your eligibility and monthly instalments. In just a few simple steps and based on the information provided, you can arrive at an approximate loan amount with options on monthly instalments for various repayment periods

Find out how much you are eligible for

Fees Charges

Documents

Employed individuals buying new/used vehicles from authorised dealers:

  • Valid Emirates ID
  • Valid passport copy (valid UAE visa for expatriates)
  • Valid UAE driving licence copy
  • Copy of the last three months’ salary or income transfer bank statements (a longer period may be required if cheque returns are identified)
  • Proof of income salary certificate/salary transfer letter if salary is not assigned to HSBC Bank or other banks under narration salary
  • Repayment mechanism standing instruction plus an undated security cheque from salary-assigned account
  • HSBC Bank Middle East Limited application form and agreement fully completed in block letters and signed in the presence of a Sales Specialist

Self-employed individuals buying new/used vehicles from authorised dealers:

  • Valid Emirates ID
  • Valid passport copy (valid UAE visa for expatriates)
  • Valid UAE driving licence copy
  • Copy of the last six months’ personal and business bank statements
  • Audited financials for the last two years
  • Repayment mechanism standing instruction plus an undated security cheque from main operating account
  • HSBC Bank Middle East Limited application form and agreement fully completed in block letters and signed in the presence of a Sales Specialist
  • Valid documents in support of business/partnership, ie trade licence copy, memorandum/articles of association, passport copies of owners/partners and additional documents can be requested based on individual requirements.

Eligibility

You can apply if:

  • You are a UAE national or expatriate resident aged between 21 and 65 years
  • You earn a minimum monthly salary of AED 7,500 per month

Offer valid from 6 November to 31 December 2017 (both days inclusive).

The Auto Loan must be submitted by 31 st December 2017 and it needs to be approved by 15 th January 2018 to be eligible for the offer.

1 A minimum auto loan amount of AED 100,000 is required to be eligible for the AED 1,000 cash back offer. Offer amount will only be given on successful drawdown.

2 Flat rate which is equivalent to the reducing balance rate of 4.60% p.a.

3 Our Vehicle Loan team is available from Sunday to Thursday, 9:00am to 4:30pm. If your form is submitted outside of these times, we will aim to call you back on next working day

4 This discount will be applied on the “flat interest rate”.

The benefits and features set out above are current as at the date they appear in this document. However, they may be subject to change at any time at our discretion. We will try to notify existing customers of any changes that may impact them either in advance of the change or shortly afterwards.



Loans 4 you – affordable loans borrow wisely, car loans 4 u.#Car #loans #4 #u


Loans 4 You – affordable loans for you?

Applying for a loan takes just a few moments, but remember that paying it off can take a lifetime! So make sure that you borrow responsibly and don’t borrow more than you can afford to pay back. If you already have debts, getting a further loan to tide you over, while it may seem a quick fix it may not be the best thing for your overall finances. It might be time to seek the services of a debt adviser. There are plenty of services who provide advice for free and who do not offer you services that you need to pay for.

Peer to Peer Loans – Cheaper loans for you?

With High Street banks getting squeezed out of the loan market, peer to peer lending is predicted to double with more and more people using Zopa, Ratesetter and the like. In an unprecedented move the government is backing some of these businesses with capital to help them expand a provide a viable and reasonably priced alternative to both High Street banks and Pay Day loan companies.

Get the best possible loans for you – avoid Payday Loans!

When you are looking for a loan should always shop around and make sure you get the best possible deal. Make sure you read the small print carefully and that you ensure that you understand the consequences if you don’t make loan payments on time. Remember your home may be at risk if you fail to pay a loan secured on it and beware of penalty charges that may be incurred if you are late making payments on unsecured loans.

Make sure that you also include any administration or application or setup fees when calculating how much you will need to repay. Mortgages may also include house valuation fees and early redemption fees.

Car loans 4 u

About Loans4You.org

This website does not offer loans and does not broker loans. We are not associated with the business trading under the name of Loans 4 U. We encourage people to take care when taking out any kind of loan from any provider.

Our advice is – don’t take out a loan until you have thoroughly researched that it is best for you.

If you are in financial difficulties you should not take out additional loans to cover your debts. Rather you should get debt advice from an adviser who is registered with the OFT. There are many charities that specialise in FREE debt advice, and you should avail yourself of their services.

Like many websites, we generate an income by placing advertisements on our site – please see our privacy policy. The majority of advertising on this site is provided by Google. We do not control the adverts that they place.



Loans 4 you – affordable loans borrow wisely, car loans 4 u.#Car #loans #4 #u


Loans 4 You – affordable loans for you?

Applying for a loan takes just a few moments, but remember that paying it off can take a lifetime! So make sure that you borrow responsibly and don’t borrow more than you can afford to pay back. If you already have debts, getting a further loan to tide you over, while it may seem a quick fix it may not be the best thing for your overall finances. It might be time to seek the services of a debt adviser. There are plenty of services who provide advice for free and who do not offer you services that you need to pay for.

Peer to Peer Loans – Cheaper loans for you?

With High Street banks getting squeezed out of the loan market, peer to peer lending is predicted to double with more and more people using Zopa, Ratesetter and the like. In an unprecedented move the government is backing some of these businesses with capital to help them expand a provide a viable and reasonably priced alternative to both High Street banks and Pay Day loan companies.

Get the best possible loans for you – avoid Payday Loans!

When you are looking for a loan should always shop around and make sure you get the best possible deal. Make sure you read the small print carefully and that you ensure that you understand the consequences if you don’t make loan payments on time. Remember your home may be at risk if you fail to pay a loan secured on it and beware of penalty charges that may be incurred if you are late making payments on unsecured loans.

Make sure that you also include any administration or application or setup fees when calculating how much you will need to repay. Mortgages may also include house valuation fees and early redemption fees.

Car loans 4 u

About Loans4You.org

This website does not offer loans and does not broker loans. We are not associated with the business trading under the name of Loans 4 U. We encourage people to take care when taking out any kind of loan from any provider.

Our advice is – don’t take out a loan until you have thoroughly researched that it is best for you.

If you are in financial difficulties you should not take out additional loans to cover your debts. Rather you should get debt advice from an adviser who is registered with the OFT. There are many charities that specialise in FREE debt advice, and you should avail yourself of their services.

Like many websites, we generate an income by placing advertisements on our site – please see our privacy policy. The majority of advertising on this site is provided by Google. We do not control the adverts that they place.



Car Loans 4 U – Your Options #fha #home #loan


#car loans 4 u
#

Car Loans 4 U Your Options

If you are having bad credit, are unemployed or generally do not qualify for the typical bank loans for automobiles, then you are probably going to have a bad time. However, the good news is that this will happen only when you are ignorant of the different options available for car loans 4 U. There are a number of places where you will be able to get a great car loan without bothering about the extensive paperwork of the banks and the delay in getting your vehicle. Doesn’t that sound like a cool idea to get car loans 4 U. Certainly. Let us have a look at all the options that are available to you.

Home Equity Loan

This is one of the smartest ways in which you will be able to finance your car, regardless of your credit status. The interest rates of the home equity loan are quite less. You will be able to find a really great financing opportunity in this case. The best thing about these loans is that they are tax deductible under the mortgage interest. Therefore, you will not only getting a great financing opportunity, but also be a le to mitigate your expenses to the best possible extent. You don’t even have to think about the higher rates of interest of the bad credit car loan companies. Just go ahead and find the best way to get a home equity loan for yourself.

Buy Here Pay Here Car Dealerships

If you do not own a house or do not stand eligible for this kind of loan because of any reason, then you can get car loans 4 u from the Buy Here Pay Here car dealerships. They will be providing you an excellent opportunity to get an old car with the minimum hassles. Some of these dealerships will be providing sub-prime car loans 4 U. However, most of them believe in in-house financing. The rates of interest are really very high when it comes to such dealerships. However, it is all because of the risk involved. You just go and select a car, make a down payment and take the car home. You must always try to get in-housing car loans 4 U in order to get the best rates. In this case no third parties are involved and it helps in lowering down the interest rates. One more thing needs to be understood here. Instead of monthly bank transfers or checks, you will have to make weekly payments in cash. No other means of payment are accepted here.



The U. S. Small Business Administration #montel #williams #loan


#loan application form
#

Disaster Loan Applications

If you are in a declared disaster area and have suffered any disaster related damage you may be eligible for federal disaster assistance. Homeowners and Renters must register with the Federal Emergency Management Agency to obtain a FEMA Registration ID Number by calling 1-800-621-3362. You can apply for a disaster loan online.

SBA Disaster Home Loan Application (paper forms)

SBA Form 413 Personal Financial Statement . Download, print form and complete or complete version online and print.

IRS Form 4506-T . Download, Print form and complete or complete version online and print. Please see instructions.

SBA Form 2202 Schedule of Liabilities . Print form and complete. This is a suggested format for the Schedule of Liabilities. The information contained in this schedule is a supplement to your balance sheet and should balance to the liabilities presented on that form. If you need assistance please see instructions.

SBA Form 2202 Schedule of Liabilities instructions . Follow examples 1 through 8 for requested information. You may use your own form if you prefer. Any format is acceptable as long as it includes the information included in the instructions.

All required documents listed in Filing Requirements must be returned. All forms requiring signature must be signed and dated. Incomplete applications will not be accepted.

U.S. Small Business Administration

Processing and Disbursement Center

14925 Kingsport Rd.

Ft. Worth, TX 76155-2243



The U. S. Small Business Administration #monthly #mortgage #calculator


#online loans
#

Advantage Loans

SBA guarantees three types of 7(a) business loans known as Advantage Loans. These are the Small/Rural Lender Advantage Loan . the Community Advantage Loan and the Small Loan Advantage .

The loan provided to the business is the equivalent of a Basic 7(a) Loan—not revolving—allowing the proceeds to be used for regular purposes. What differentiates a Basic 7(a) Advantage Loan from a Basic 7(a) loan is which lenders can get a guarantee. Another difference is the amount of underwriting some lenders must conduct before providing a guarantee. The principal difference is tied to the lender who provides the loan, rather than the structure and purpose of the loan. The Advantage Programs allows selected lenders to obtain 7(a) guarantees on loans they propose to provide to eligible and creditworthy small businesses that meet all the requirements of a Basic 7(a) Loan through an alternative application process.

All the Special Purpose Loan Programs listed above have certain requirements (such as what collateral must be obtained and how the repayment structure of principal and interest) that the SBA imposes on the lender and/or that the lender must impose on the borrower.

These programs also impose certain requirements on the lender for underwriting and closing the loan.



U. S. Department of Education Loan Payment #installment #loans #online


#department of education student loans
#

U.S. Department of Education Loan Payment

Currently, a number of American students are taking out both loans federal and private loans in order to cover the cost of their education. Notably, federal loans have many further categories and are disbursed by the U.S. Department of Education. Of course, students should understand the U.S. Department of Education loan payment procedures in detail even before applying for the loan so that they can plan accordingly.

Know Your Loan Servicer

After the U.S. Department of Education loan payment is made to students, each student is assigned to a loan servicer who is responsible for collecting payment from the students once the repayment time starts. If you do not know who your loan servicer is, then you may contact the National Student Loan Data System (NSLDS). where you can find out information about your loans and loan servicers after you provide your FSA ID. You can also learn about your U.S. Department of Education loan payment deadlines and repayment plan.

Choose the Right Repayment Plan

When you are exploring options for your U.S. Department of Education student loan payment plan, make sure that it is realistic and practical. Repayment time spans and total amounts you have to pay vary with each plan.



U. S. Business Funding Solutions. #car #loan #calculator


#business funding
#

Welcome to USBusinessFundingSolutions.com

To earn funding for you or your business, get the assistance you need from coaches who care.

We have found our niche when it comes to business funding education and grant one-on-one coaching.

If you want to become a successful business owner who has a special ability to envision and commit to lofty funding goals for your business, let us take you to the top of the funding pyramid and show you how to become one of the millions of Americans who will receive special funding this year for their business, their education, a new home, real estate investments or any other worth while venture.

If you are serious enough about funding your new or existing business or other worthwhile endeavor and have the willingness to put in the time and effort necessary to achieve your funding goals, we have the right people in place waiting to guide you every step of the way.

If you have the strength to persevere through a few bumps in the road along the way, and you aren’t fussy about where the money comes from: U. S. federal or local government, non-profit organizations, foundations, private donors, sponsors, government contracts, loans, angel investors, and/or venture capitalists, then U. S. Funding Solutions has a wealth of knowledge on how to tap into these sources for your business and other funding needs.

If you are teachable and have the ability to accept coaching and advice from professional funding coaches who inspire and train people just like you and who are qualified to coach people in all 50 states, let our team of coaches start working with you today. They are in touch with funding opportunities on a daily basis, and are they are constantly researching new grants opportunities for their clients as they become available.

If you are truly serious about increasing your odds of receiving a grant, you do so when you work with a professional grant coach who will give you the knowledge, strategies, and tools that you need to pursue your lofty personal and financial goals.



The U. S. Small Business Administration #bank #loan


#collateral loans
#

Collateral

Collateral is an additional form of security which can be used to assure a lender that you have a second source of loan repayment. Assets such as equipment, buildings, accounts receivable, and (in some cases) inventory are considered possible sources of repayment if they can be sold by the bank for cash. Collateral can consist of assets that are usable in the business as well as personal assets that remain outside the business. This collateral table [link to collateral table in Understanding the Basics/Collateral) shows how different forms of collateral are valued by a typical lender and SBA.

You can assume that all assets financed with borrowed funds will be used as collateral for the loan. Depending on how much equity was contributed by you toward the acquisition of these assets, the lender may require other business assets as collateral.

Certified appraisals are required for loans greater than $250,000 secured by commercial real estate. The SBA may require professional appraisals of both business and personal assets, plus any necessary survey and/or feasibility study. When real estate is being used as collateral, banks and other regulated lenders are required by law to obtain third-party valuation on transactions of $50,000 or more.

Your Home or Personal Assets May Be Considered as Collateral

Owner-occupied residences generally become collateral when:

The lender requires the residence as collateral

The equity in the residence is substantial and other credit factors / sources of collateral are weak

Such collateral is necessary to assure that the principal(s) remain committed to the success of the venture for which the loan is being made

You operate the business out of the residence or other buildings located on the same parcel of land

To the extent that worthwhile assets are available, adequate collateral is required as security on all SBA loans. However, the SBA will generally not decline a loan when inadequacy of collateral is the only unfavorable factor.

For all SBA loans, personal guaranties are required from every owner of 20 percent or more of the business, as well as from other individuals who hold key management positions. Whether a guaranty will be secured by personal assets or not is based on the value of the assets already pledged and the value of the assets personally owned compared to the amount borrowed.



The U. S. Small Business Administration #loans #compare


#apply for a loan
#

Business Loan Application Checklist

SBA is not the only source for small-business loans. State and local economic-development agencies – and numerous nonprofit organizations – provide low-interest loans to small business owners who may not qualify for traditional commercial loans.

When it comes to applying for these loans, the good news is that most of these other lenders require the same kinds of information. Of course, each loan program has specific forms you need to fill out. But for the most part, you’ll need to submit the same types of documentation. So it’s a good idea to gather what you’ll need before you even start the application process.

Loan Application Form

Forms vary by program and lending institution, but they all ask for the same information. You should be prepared to answer the following questions. It’s a good idea to have this information prepared before you fill out the application:

Why are you applying for this loan?

Who are the members of your management team?

Either as part of the loan application or as a separate document, you will likely need to provide some personal background information, including previous addresses, names used, criminal record, educational background, etc.

Resumes

Some lenders require evidence of management or business experience, particularly for loans that can be used to start a new business.

Business Plan

All loan programs require a sound business plan to be submitted with the loan application. The business plan should include a complete set of projected financial statements, including profit and loss, cash flow and balance sheet.

Here are some resources for preparing your business plan:

Personal Credit Report

Your lender will obtain your personal credit report as part of the application process. However, you should obtain a credit report from all three major consumer credit rating agencies before submitting a loan application to the lender. Inaccuracies and blemishes on your credit report can hurt your chances of getting a loan approved. It’s critical you try to clear these up before beginning the application process.

Business Credit Report

If you are already in business, you should be prepared to submit a credit report for your business. As with the personal credit report, it is important to review your business’ credit report before beginning the application process.

Income Tax Returns

Most loan programs require applicants to submit personal and business income tax returns for the previous three years.

Financial Statements

Many loan programs require owners with more than a 20 percent stake in your business to submit signed personal financial statements.

You may also be required to provide projected financial statements either as part of, or separate from your business plan. It is a good idea to have these prepared and ready in case a program for which you are applying requires these documents to be submitted individuall.

The following forms may be used to prepare your projected financial statements:

Balance Sheet

Cash Flow

Bank Statements

Many loan programs require one year of personal and business bank statements to be submitted as part of a loan package.

Accounts Receivable and Accounts Payable

Most loan programs require details of a business’s most current financial position. Before you begin the loan application process, make sure you have accounts receivable and accounts payable.

Collateral

Collateral requirements vary greatly. Some loan programs do not require collateral. Loans involving higher risk factors for default require substantial collateral. Strong business plans and financial statements can help you avoid putting up collateral. In any case, it is a good idea to prepare a collateral document that describes cost/value of personal or business property that will be used to secure a loan.

Legal Documents

Depending on a loan’s specific requirements, your lender may require you to submit one or more legal documents. Make sure you have the following items in order, if applicable:



The U. S. Small Business Administration #loans #till #payday


#small cash loans
#

SBA Loans

If you’re planning to start a business or expand an existing business, you might need financing help. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan.

To start the process, you should visit a local bank or lending institution that participates in SBA programs. SBA loan applications are structured to meet SBA requirements, so that the loan is eligible for an SBA guarantee. This guarantee represents the portion of the loan that SBA will repay to the lender if you default on your loan payments.

The SBA Loan Application Checklist provides a listing of forms and documents you and your lender will need to create a loan package to submit to SBA.

The following are direct links to information about commonly requested SBA programs:

Starting and Expanding Businesses

Gives 7(a) loans to eligible borrowers for starting, acquiring and expanding a small business. This type of loan is the most basic and the most used within SBA’s business loan programs. Borrowers must apply through a participating lender institution.

Provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.

Offers very small loans to start-up, newly established or growing small business concerns. SBA makes funds available to nonprofit community based lenders which, in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

Disaster Loans

Provide financial assistance to victims of disasters or to individuals in a declared disaster area. You may be eligible for this type of loan even if you don’t own a business.

Assist small businesses, small agricultural cooperatives and nonprofit organizations as they recover from economic losses resulting from physical disaster or an agricultural production disaster.

Export Assistance Loans

Provide exporters and lenders with a streamlined method of obtaining financing for loans and lines of credit up to $500,000. Lenders use their own credit decision process and loan documentation; exporters get access to their funds faster. SBA provides an expedited eligibility review with a response in less than 24 hours.

Offers loans targeted at businesses that are able to generate export sales but need additional working capital to support these opportunities.

Gives term loans that are designed for businesses that plan to start/continue exporting or those that that have been adversely affected by competition from imports. The proceeds of the loan must enable the borrower to be in a better position to compete.

Veteran and Military Community Loans

Offers funds to eligible small businesses to meet ordinary and necessary operating expenses that could have been met, but are unable to meet, because an essential employee was “called-up” to active duty in their role as a military reservist.

Special Purpose Loans

Help small businesses meet their short-term and cyclical working-capital needs through the SBA umbrella program called CAPLines.

Provides financing to eligible small businesses for the planning, design or installation of a pollution control facility.

CAIP is a program established to assist U.S. companies that are doing business in areas of the country that have been negatively affected by the North American Free Trade Agreement ( NAFTA ). To be eligible, a business must reside in a county noted as being negatively affected by NAFTA, based on job losses and the unemployment rate of the county.



Maryland – Sources ALSO! U, u of maryland online.#U #of #maryland #online


#

u of maryland online

See also the Maryland General Assembly web site.

  • Laws of Maryland (Md. Laws)

  • Annotated Code of Maryland (Md. Code)

    N ote The code is not available at any official web site (except for the legislature s on-line version, which is hardly usable; it is linked under Additional Resources below), but a version provided by LexisNexis is available.

    Maryland Rules of Procedure and Practice

  • Rules of Practice Judicial Rules

    Maryland Administrative Law Sources

    Maryland Ordinances and Home-Rule Charters

    Maryland Law-Related Periodicals

    Other Maryland Commentary

    Maryland Law-Related Topical Web Sites

    Maryland Court Information

    Maryland Forms

  • Court Forms
  • U.S. District Court Forms Forms are linked along with other resources in an undifferentiated list.

  • Business Entity Forms [Paracorp, Inc. (Cal.)] Convenient interface to view and print in-blank official state forms (in PDF files) for filing by business entities. A JavaScript-enabled browser is required.
  • Other Maryland Resources

    ¶ Workers Compensation Agency Contact and Staff Contact Information [Robert W. McDowell / North Carolina Industrial Commission]

    Legal Research and Assistance

  • Bankruptcy Law and Procedures for Maryland Residents [Calicchia & Kinast LLP (Ohio)] This web site, presented by a Cleveland bankruptcy law firm, covers basic information about the bankruptcy process, describes debt consolidation and credit counseling as alternatives to bankruptcy, lists the property that an individual is allowed to keep (with citations to governing provisions of Maryland law), and gives information about the bankruptcy courts and how to contact bankruptcy attorneys in Maryland.

  • Low-Cost Legal Aid See also the web site for LawHelp.org and the web site for SelfHelpSupport.org.
    1. Legal Aid Bureau The Legal Aid Bureau has been providing free civil legal services in Maryland for low-income people, children and the elderly since 1911.
    2. Maryland Legal Help for the Poor [Am. Bar Ass n] Contact information for statewide and local legal-aid programs, from the ABA s Directory of Pro Bono Programs. The ABA also provides a page of links to pro bono programs web sites.
    3. Maryland Volunteer Lawyers Service This service matches experienced lawyers with low-income individuals who need legal help on personal matters in civil cases (not criminal cases). There is no charge for legal services for individuals who meet income-eligibility requirements.
    4. Peoples Law Library of Maryland [Maryland State Law Library] This is a legal information and self-help website maintained by the Maryland State Law Library, a court-related agency of the Maryland Judiciary, and supported by Maryland s non-profit legal services providers. This site provides provides information on Maryland and Federal law affecting low- and moderate-income Marylanders and their families. The public can find help using this site at outreach centers and law libraries throughout the state. The site includes a page titled How Do I Evaluate My Situation.
    5. WomensLaw.org Sources of Legal Help [WomensLaw.org (N.Y.)] Sources of legal help (not limited to legal help for women) include statewide domestic-violence resources, local domestic-violence resources listed by city or town, free or low-cost legal services, and lawyer referral services.
  • “The essence of legal research in two words . . . see ALSO!” Copyright x 1995 by LawSource, Inc. All rights reserved. Copying and use are restricted. See the copyright notice, statement of purpose, and DISCLAIMER on the Welcome to ALSO! page. Citation formats generally follow The Bluebook: A Uniform System of Citation (17th ed., Harvard L. Rev. Ass’n 2000). For a practical discussion based on the current edition of that guide, see Martin, Introduction to Basic Legal Citation (2013). See also a Wikipedia article. Revised 15 October 2013

    U of maryland online



    The U. S. Small Business Administration #house #loan


    #green loans
    #

    Environmental Grants Loans

    Use the links below to help find financial resources to pay for energy efficient upgrades to your facilities, to finance your business’s innovative environmental products and technologies and to support your environmentally friendly business.

    Grants.gov

    Search grants.gov by category to see grant applications related to energy, environmental topics, natural resources, transportation, science and technology, agriculture and disaster prevention and relief. The Partnership for Sustainable Communities grants site can also help you identify relevant grants on grants.gov.

    Department of Energy Grants and Loans

    The Department of Energy provides many funding opportunities. including:

    Environmental Protection Agency Grants

    The Environmental Protection Agency (EPA) has several grant programs, many of which are listed on this site. In addition, links to several specific programs are provided below:

    National Science Foundation (NSF) Grants

    Small Business Innovation Grants

    A few federal programs provide grants to small firms engaged in scientific research and development (R D). The federal government’s SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) programs award a specific percentage of federal R D funds to qualified small businesses. SBIR/STTR programs encourage small firms to undertake scientific research that helps meet federal R D objectives, and have high potential for commercialization if successful.

    The following federal agencies award SBIR/STTR grants:



    You can soon get unlimited data on AT – T U-verse #u #verse #internet #usage, #post #keywords


    #

    You can soon get unlimited data on AT T U-verse — but it comes with a big catch

    AT T is rolling out some big changes for its home Internet subscribers, with potential implications for broadband users everywhere.

    Starting in May, AT T’s U-verse customers will be able to use more data on their fixed, residential connections before hitting their data caps, the company said Tuesday. Depending on a customer’s purchased speed tier, the new established caps range from 300 GB a month to as much as 1 TB a month. In general, faster plans will benefit from larger monthly allotments.

    Going over your cap is going to hurt your wallet — just like using too much data on your cellphone. Blow past the limit, and you’ll be charged another $10 that month. That gives you another 50 GB to use, but exhaust that too and you’ll be hit again with a second $10 overage fee, and so on. (AT T says that on average, its residential Internet subscribers use 100 GB of data per month, while based on their current usage habits, roughly 4 percent of customers today would run afoul of the new caps.)

    There are two main ways you can escape the caps: Either pay an extra $30 a month for an “unlimited” plan, or make sure you’re paying for a double-play consisting of U-verse Internet service and one of AT T’s two television services, DirecTV or U-verse TV.

    This gets us to AT T’s underlying strategy: Drive more customers to its pay-TV products as the company tries to execute a shift to digital and mobile video (and beyond that, to targeted advertising).

    “AT T’s announcement is another sign of the ways in which it intends to leverage its DirecTV asset to cross-sell services,” said Jackdaw Research analyst Jan Dawson.

    We’ve seen a similar story play out with AT T’s cellular plans. In January, the company said it was bringing back its famous unlimited data plans that let customers consume as much mobile data in a month as they wanted — so long as they also agreed to buy DirecTV or U-verse TV.

    AT T operates other programs that hint at its long-term strategy, as well. One experiment offers consumers a discount on home Internet service if they agree to hand over their Web browsing history and other usage information, which AT T uses to provide you with relevant advertising.

    The future of that program may be in question as federal regulators seek to determine how to apply new privacy rules to Internet providers. But setting that aside, AT T is a case study in how a traditional telephone company is trying to adapt to a video- and data-driven world. And the company’s announcement on data caps is one more piece of that puzzle.

    “We offer a variety of free online tools at att.com/InternetUsage to help you manage your data usage,” AT T said in a release. “Also starting May 23, you’ll be able to check your current usage online anytime you want.”



    U. S. Department of Education: Making Repayment Easy #interest #only #loan #calculator


    #department of education loan consolidation
    #

    U.S. Department of Education Consolidation: Making Repayment Easy

    Not only is college education not cheap, but it has become even more expensive in recent times. Taking out a federal or private loan for the sake of a college education is an expensive and important decision, especially because the majority of students spend a major part of their lives after college paying off their loans. In most cases, students take out more than one loan and pay for them separately. Each loan has its own interest rate, which be very draining for a fresh-out-of-college individual, which is why it is always good to consider the option of U.S. Department of Education Consolidation. Consolidation simplifies loan repayment by integrating numerous payments into one amount and by significantly lowering interest rates and extending the repayment period to almost 30 years. However, remember that federal loans can only be consolidated with their own kind; private loans cannot be consolidated with federal loans.

    Pros and Cons of Consolidation

    Here are a few things to take into account if you are considering consolidating all of your college loans:

    • Consolidation could result in the borrower losing any special benefits that he/she might receive from the lender. Most original loans lose their interest rate discounts, principal rebates, or loan cancellation benefits upon consolidation.
    • Once your federal loans have been pooled into a Direct Consolidation Loan, they cannot be deferred. Therefore, take the time to carefully study the pros and cons of consolidation before choosing it as an option.
    • Students contemplating consolidating their loans cannot do so with a PLUS loan. The parent or guardian who took out the loan must be the one to repay it.

    Eligibility Criteria for Direct Consolidation

    If you want to consolidate the loans you received from the U.S. Department of Education, here is what you need to remember:

    • If you have defaulted on a loan, then you need to first make satisfactory repayment arrangements on that particular loan or agree to repay the new Direct Consolidation Loan under the Income-Contingent or Income-Based Repayment Plan.
    • Loans which are already consolidated cannot be included in an additional Direct Loan or FFEL program consolidation.


    Nasdaq Stock Market, Stock Quotes – Stock Exchange News, u s agencies car insurance quotes.#U #s #agencies #car #insurance #quotes


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    Stock Market News & Analysis

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    • Mid-Day ETF Update: ETFs, Stocks Extend Gains As August Jobs Report09/01/2017
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    • China to allow imports from more Brazil meatpackers -Brazil minister09/01/2017
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    LyricsMode – Lyrics, explanations and meanings for more than 800, 000 songs #u #of #m #fight #song


    #

    Some lyrics are missing at the end: “It’s like you’ve been away until another day Another perfect day” I think the song is essentially about walking the earth as an immortal, either as a ghost or a vampire (hence the lyr ic “beyond the sun” and “an outcast all alone”). The chasm between you and mankind is death/the void. Over the thousand years of “living” you grow numb to seeing the suffering in the world to the point that you stop caring. The first line of missing lyrics could be a comment on how you can see your loved ones but they can’t see you or can acknowledge your presence, so it feels as if they’ve been away and you’ll see them the next day-since they’re sleeping. Since the title of the song ends with a question mark, “Another Perfect Day?”, I think the l missing lyrics at the end are sarcastic because you’re really miserable. Read more

    Owl City Fireflies

    great great great great great great great great great great great great great great great great great great great great great great great great great great great great great great great great great great great great gre at great great great great great great great great great great great great great great great great Read more

    Hedgehoppers Anonymous It s Good News Week

    Dude, I think your date is about right. I recall this song being the intro to TW3 (That Was The Week That Was), which was a news parody well before Saturday Night Live or even Laugh-In. I was 13 at the time and my parent s let me watch nothing even remotely controversial, but turned away when I sat, cross-legged, in front of the old black-and-white, while this was on. (No idea why or why not) David Frost was on TW3 along with some other notables my feeble old brain has forgotten. Read more

    Garth Brooks The Dance

    This song pretty much means to me exactly what it says. I met this girl at work, nothing even close to what I would usually be attracted to. We started talking for only a few mins a day for months, then she disappeared. 5 months later, she came back to work. I ran into her as I was running to catch a bus to visit my mom in Wisconsin. She asked me if I remember her, I said “of course!”. Asked if she was back, she said “yes” and because I was running late I just told her “see you on monday”. She looked confused as I ran away. On Monday I invited her for lunch. We had lunch on Thursday, right there and then I told her how I felt about her. She immediatly after lunch asked me out for Friday. We did. We would have lunch a couple of times a week. In January I asked her out on an official date. She agreed. I surprised her with a cruise dinner in Lake Michigan. In that night we had THE DANCE. On that night I knew she would become the love of my life. Six months later last year. It ended with her leaving me. Since that night I’ve never seen her again and a year later exactly yesterday I bumped into this song for no reason what so ever, I just turned my pc on and there it was. Every word of this song describes our story and how I still feel about her. I wouldn’t change that moment, that DANCE for all the riches in the world. I would gladly go through all this pain all over again just to have THE DANCE again! Love you Kim! Read more

    Lord Of The Rings Pippin s Song

    I think the first line “home is behind, the world ahead” id talking aboutvhaving to leave their homeband ho on the quest and pippin also sang it because he knew that the men the king sent out would die and few would retu. And the “all shall fade is refering to elves leaving. Read more

    Bethany Joy Lenz Halo

    I have NEVER understood the meaning of this song. What “trouble” did Uncle Sonny get into? and why was he killed off” I just don’t know or understand this video or lyrics. I would like any kind replies that anyone who kn ows what this song means and is about could help me with. thank you very much Have a very safe and Happy 4th of July Read more

    MYMP The Closer I Get To You

    The closer I get to this person the more I feel that he is important and has a special part in my heart, as time passes by you’ll get the clearer answers to so many questions you had in your mind. Could it be being toget her as both of you being so much closer and closer, that could be lead being together. Read more

    Justin Bieber Baby

    Justin Bieber is like so. Wrong. He goes from girl after girl after girl after girl and he doesn’t have any manners. I seen enough videos to know that he’s full of bullsh*t. I mean his songs are okay, but he in person is just, like I said before, wrong. Read more

    George Gershwin How Long Has This Been Going On?

    An alternate verse included is some recordings: “Neath the stars, at bazaars often I’ve had to caress men. Five or ten dollars then I’d collect from all those yes-men. Don’t be sad, I must add that they meant no more tha n chess men. Darling, can’t you see, twas for charity. Though these lips have made slips, it was never really serious. Who’d have thought I’d be brought to a state that’s so delirious?” Read more



    The U. S. Small Business Administration #classic #car #loans


    #military loan
    #

    Military Reservists Economic Injury Loans

    The Military Reservist Economic Injury Disaster Loan (MREIDL) provides funds to help an eligible small business meet its ordinary and necessary operating expenses that it could have met, but is unable to, because an essential employee was called-up to active duty in his or her role as a military reservist.

    Loan Amounts and Use

    The maximum MREIDL loan amount is $2 million. The amount of each loan is limited to the actual economic injury as calculated by SBA. The amount is also limited by business interruption insurance and whether the business and/or its owners have sufficient funds to operate. If a business is a major source of employment, SBA has authority to waive the $2 million statutory limit.

    The purpose of MREIDL loans is not to cover lost income or lost profits. MREIDL funds cannot be used in lieu of regular commercial debt, to refinance long-term debt, or to expand the business.

    Eligibility and Terms

    Businesses with the financial capacity to fund their own recovery are not eligible for MREIDL assistance.  Federal law requires SBA to determine whether a business has credit available elsewhere — that is, if credit in an amount needed to accomplish full recovery is available from non-government sources without creating an undue financial hardship.

    The filing period for MREIDL assistance begins on the date the essential employee receives a notice of expected call-up and ends one year after the essential employee is discharged or released from active duty.

    Collateral is required for all MREIDL loans more than $50,000. SBA accepts real estate as collateral when it is available. SBA will not decline a loan for lack of collateral, but will require the borrower to pledge collateral that is available.

    The MREIDL interest rate is 4 percent and has loan repayment terms up to 30 years. SBA determines the term of each loan in accordance with the borrower’s ability to repay.

    How to Apply

    You can apply online for an SBA MREIDL. You must submit the completed loan application and a signed and dated IRS Form 4506-T  giving permission for the IRS to provide SBA your tax return information.



    The U. S. Small Business Administration #mortgage #loan


    #apply for a loan
    #

    Business Loan Application Checklist

    SBA is not the only source for small-business loans. State and local economic-development agencies – and numerous nonprofit organizations – provide low-interest loans to small business owners who may not qualify for traditional commercial loans.

    When it comes to applying for these loans, the good news is that most of these other lenders require the same kinds of information. Of course, each loan program has specific forms you need to fill out. But for the most part, you’ll need to submit the same types of documentation. So it’s a good idea to gather what you’ll need before you even start the application process.

    Loan Application Form

    Forms vary by program and lending institution, but they all ask for the same information. You should be prepared to answer the following questions. It’s a good idea to have this information prepared before you fill out the application:

    Why are you applying for this loan?

    Who are the members of your management team?

    Either as part of the loan application or as a separate document, you will likely need to provide some personal background information, including previous addresses, names used, criminal record, educational background, etc.

    Resumes

    Some lenders require evidence of management or business experience, particularly for loans that can be used to start a new business.

    Business Plan

    All loan programs require a sound business plan to be submitted with the loan application. The business plan should include a complete set of projected financial statements, including profit and loss, cash flow and balance sheet.

    Here are some resources for preparing your business plan:

    Personal Credit Report

    Your lender will obtain your personal credit report as part of the application process. However, you should obtain a credit report from all three major consumer credit rating agencies before submitting a loan application to the lender. Inaccuracies and blemishes on your credit report can hurt your chances of getting a loan approved. It’s critical you try to clear these up before beginning the application process.

    Business Credit Report

    If you are already in business, you should be prepared to submit a credit report for your business. As with the personal credit report, it is important to review your business’ credit report before beginning the application process.

    Income Tax Returns

    Most loan programs require applicants to submit personal and business income tax returns for the previous three years.

    Financial Statements

    Many loan programs require owners with more than a 20 percent stake in your business to submit signed personal financial statements.

    You may also be required to provide projected financial statements either as part of, or separate from your business plan. It is a good idea to have these prepared and ready in case a program for which you are applying requires these documents to be submitted individuall.

    The following forms may be used to prepare your projected financial statements:

    Balance Sheet

    Cash Flow

    Bank Statements

    Many loan programs require one year of personal and business bank statements to be submitted as part of a loan package.

    Accounts Receivable and Accounts Payable

    Most loan programs require details of a business’s most current financial position. Before you begin the loan application process, make sure you have accounts receivable and accounts payable.

    Collateral

    Collateral requirements vary greatly. Some loan programs do not require collateral. Loans involving higher risk factors for default require substantial collateral. Strong business plans and financial statements can help you avoid putting up collateral. In any case, it is a good idea to prepare a collateral document that describes cost/value of personal or business property that will be used to secure a loan.

    Legal Documents

    Depending on a loan’s specific requirements, your lender may require you to submit one or more legal documents. Make sure you have the following items in order, if applicable:



    The U. S. Small Business Administration #used #auto #loan #rates


    #online loans
    #

    Advantage Loans

    SBA guarantees three types of 7(a) business loans known as Advantage Loans. These are the Small/Rural Lender Advantage Loan . the Community Advantage Loan and the Small Loan Advantage .

    The loan provided to the business is the equivalent of a Basic 7(a) Loan—not revolving—allowing the proceeds to be used for regular purposes. What differentiates a Basic 7(a) Advantage Loan from a Basic 7(a) loan is which lenders can get a guarantee. Another difference is the amount of underwriting some lenders must conduct before providing a guarantee. The principal difference is tied to the lender who provides the loan, rather than the structure and purpose of the loan. The Advantage Programs allows selected lenders to obtain 7(a) guarantees on loans they propose to provide to eligible and creditworthy small businesses that meet all the requirements of a Basic 7(a) Loan through an alternative application process.

    All the Special Purpose Loan Programs listed above have certain requirements (such as what collateral must be obtained and how the repayment structure of principal and interest) that the SBA imposes on the lender and/or that the lender must impose on the borrower.

    These programs also impose certain requirements on the lender for underwriting and closing the loan.



    Mills v. Midwest Title Loans, U. S. Supreme Court Declines to Protect B. #loans #for #people #with #bad #credit


    #midwest title loans
    #

    Related

    AARP asked the Supreme Court to reverse a decision that impedes state efforts to protect their residents against some of the most egregious predatory lending practices. AARP Indiana had actively supported enactment of the law in question. The court declined to consider the case.

    Background

    Midwest Title Loans charges borrowers an annual percentage rate of 300 percent for small amounts of cash secured by titles to their cars. Relying on a business model common to the car title lending industry, the company loans the money for a short period of time (usually 30 days) and allows the borrower to extend the loan at the end of that period for an additional fee often trapping a borrower in an endless spiral of debt. When the borrower defaults, the company can repossess the car without going to court because of the agreement the borrower signs, recordation of a lien with the state motor vehicles agency and possession of a set of car keys obtained at the time the loan is made.

    Car title loans are part of a class of predatory loan products that are growing by leaps and bounds, and that are increasingly subject to state scrutiny. In fact, most states now regulate car title lending, in part because of concerns about the vital link between consumers ability to maintain a reliable form of transportation and ability to work, contribute to economic vitality and provide families access to medical, education and emergency needs needs the states must meet if families cannot. The Department of Defense considers both payday loans and car title loans predatory.

    Despite governmental concerns, lenders keep finding new ways to skirt regulatory laws. The availability of marketing credit options on the Internet has enabled many lenders to evade state laws, characterizing the transactions as originating in a less regulated state despite the fact that the entire face-to-face transaction may take place in a more regulated state. Others market across state lines, seeking to reach borrowers just over the border of a more regulated state.

    The State Law

    AARP Indiana worked with the Indiana Department of Financial Institutions (DFI) supporting passage of 2007 legislation that mandates that out-of-state lenders who solicit Indiana borrowers comply with Indiana law. The state law imposes Indiana licensing and regulatory requirements on out-of-state lenders who solicit (through advertisements, mail or other means) borrowers in Indiana and restricts lenders from charging more than 36 percent annual interest.

    After the law was passed, DFI sent letters to various lenders, including Illinois car title lenders, threatening them with enforcement action if they continued to make loans to Indiana consumers in excess of 36 percent. Midwest Title Loans, a car title lender based in Illinois that charges interest rates in excess of 36 percent, sued DFI seeking to invalidate the law.

    States are prohibited by the U.S. Constitution from regulating the business activities in other states or regulating transactions in a way that impedes commerce across state lines, and Midwest invoked this clause in challenging the law. A trial court and appeals court agreed with Midwest and ruled that the law violated the Constitution. The state of Indiana asked the U.S. Supreme Court to consider the matter and the court declined.

    AARP’s Brief

    Attorneys with AARP Foundation Litigation filed AARP’s friend of the court brief in the appeal, jointly with the Center for Responsible Lending and other consumer protection advocacy groups and legal services organizations. The brief detailed the pernicious effects car title loans and other alternative financing options have on working families who are living at the margin, outlines how these alternative financing services are often deceptively and aggressively marketed and points out that the dormant commerce clause only prevents states from covering activities that are entirely outside state lines. AARP’s brief noted that the lender involved in the case is doing significant business voluntarily within Indiana’s state borders and states should be able to pass consumer protection laws that protect their residents. In this case, the lender intentionally directs mail, television and phone book advertisements at Indiana consumers, records liens with the Indiana Bureau of Motor Vehicles, makes collection calls to Indiana consumers, contracts with firms to repossess and auction cars in Indiana and obtains Indiana titles to cars repossessed from Indiana consumers.

    AARP seeks to ensure that consumers particularly those who are cash-strapped or living at the margins – are not preyed upon with high interest, high fees and misleading loan terms. The decision of the U.S. Supreme Court not to disturb the ruling in Mills v. Midwest Title Loans is a disappointment.



    The U. S. Small Business Administration #how #to #pay #off #debt


    #apply for loan online
    #

    7(a) Loan Application Checklist

    Once you have decided to apply for a loan guaranteed by the SBA, you will need to collect the appropriate documents for your application. The SBA does not provide direct loans. The process starts with your local lender, working within SBA guidelines.

    Use the checklist below to ensure you have everything the lender will ask for to complete your application. Once your loan package is complete, your lender will submit it to the SBA.

    1. SBA Loan Application – To begin the process, you will need to complete an SBA loan application form. Access the most current form here: Borrower Information Form- SBA Form 1919
  • Personal Background and Financial Statement – To assess your eligibility, the SBA also requires you complete the following forms:
    • Statement of Personal History- SBA Form 912
    • Personal Financial Statement- SBA Form 413
    1. Business Financial Statements – To support your application and demonstrate your ability to repay the loan, prepare and include the following financial statements:
    • Profit and Loss (P L) Statement – This must be current within 90 days of your application. Also include supplementary schedules from the last three fiscal years.
    • Projected Financial Statements – Include a detailed, one-year projection of income and finances and attach a written explanation as to how you expect to achieve this projection.
    1. Ownership and Affiliations – Include a list of names and addresses of any subsidiaries and affiliates, including concerns in which you hold a controlling interest and other concerns that may be affiliated by stock ownership, franchise, proposed merger or otherwise with you.
    1. Business Certificate/License – Your original business license or certificate of doing business.   If your business is a corporation, stamp your corporate seal on the SBA loan application form.
    1. Loan Application History – Include records of any loans you may have applied for in the past.
    1. Income Tax Returns – Include signed personal and business federal income tax returns of your business’ principals for previous three years.
    1. Résumés – Include personal résumés for each principal.
    1. Business Overview and History – Provide a brief history of the business and its challenges. Include an explanation of why the SBA loan is needed and how it will help the business.
    1. Business Lease – Include a copy of your business lease, or note from your landlord, giving terms of proposed lease.
    1. If You are Purchasing an Existing Business – The following information is needed for purchasing an existing business:
    • Current balance sheet and P L statement of business to be purchased
    • Previous two years federal income tax returns of the business
    • Proposed Bill of Sale including Terms of Sale
    • Asking price with schedule of inventory, machinery and equipment, furniture and fixtures


    The U. S. Small Business Administration #how #to #get #a #car #loan


    #unsecured business loan
    #

    Which Unsecured Business Lines of Credit are Best for Your Business?

    By Marco Carbajo Published: May 21, 2014

    Whether you’ve been in business for a couple of weeks or five years, access to cash is a crucial element of survival for a business. When the going gets tough, a business can fail unless it has access to cash on demand.

    For business owners, getting unsecured business lines of credit is by far the best choice for having that cash on demand. The fact is that business owners want access to funds – whenever they need it, at a competitive rate and with flexible payment options. The National Federation of Independent Businesses says, “Think of it as an insurance policy that never needs to be paid until you need it.”

    It’s important to note there are two main types of unsecured business lines of credit one needs to consider: traditional and non-traditional.

    So how do you determine which one is best for your business?

    The traditional business line of credit issued by a bank calls for a substantial amount of documentation in order to qualify such as financials, personal tax returns, business tax returns, bank account information, business registration documents, etc.

    In addition, once a line is issued an annual financial review is required to maintain the line of credit. While a traditional credit line offers various benefits such as check-writing privileges, it tends to be the most difficult line of credit to obtain and maintain.

    In a recent survey conducted by the National Small Business Association, “29 percent of small business owners report having their lines of credit reduced in the last four years and nearly 1 in 10 had their line of credit called in early by the bank.”

    In my opinion, a non-traditional line of credit in the form of business credit cards are the best unsecured business lines of credit a company can get. It provides the fast access to cash and payment flexibility associated with a traditional credit line but without all the drawbacks.

    Qualifying for this type of revolving credit line is FICO® driven and doesn’t require the yearly reviews, excessive documentation and level of scrutiny that comes with a traditional credit line.

    Some of the advantages of non-traditional business lines of credit are as follows:

    1) Access to cash quickly – With unsecured business credit cards . you can utilize as much or as little credit from your line as you want to, anytime and anywhere

    2) High credit limits – Business credit cards carry high credit limits, making it extremely convenient to finance larger business purchases. Many cards even offer 0% APR for the first 12 months.

    2) Flexibility – With business credit cards you have flexible payment options compared to a fixed month-to-month payment that comes with a business loan. When you tap into your credit line, you have three options every month. You could pay the full amount due, pay at least a minimal portion of the balance or pay greater than the minimum amount due.

    3) True separation – Business credit cards enable business owners to separate personal and business expenses while benefiting from business credit reporting. This makes it possible for business owners to establish the creditworthiness of the business itself.

    4) Personal credit protection – Small business credit cards that report solely to the business credit agencies allow business owners to protect their personal credit ratings while building their business credit.

    While a non-traditional business credit line provides all the convenience and flexibility a business needs, there are some negative aspects to consider. The major drawback is the ability for a business to accumulate debt. Without a fixed payment schedule, business owners may be tempted to simply pay the minimum monthly payment on its outstanding balances. By carrying debt, compound interest can really add up, especially if a company carries large balances.

    No matter what type of unsecured business lines of credit you decide to obtain for your business, it’s crucial to manage any debt responsibly. Traditional and non-traditional business lines of credit are essential tools for any business to have in its financial arsenal.



    The U. S. Small Business Administration #bridging #loans


    #green loans
    #

    Environmental Grants Loans

    Use the links below to help find financial resources to pay for energy efficient upgrades to your facilities, to finance your business’s innovative environmental products and technologies and to support your environmentally friendly business.

    Grants.gov

    Search grants.gov by category to see grant applications related to energy, environmental topics, natural resources, transportation, science and technology, agriculture and disaster prevention and relief. The Partnership for Sustainable Communities grants site can also help you identify relevant grants on grants.gov.

    Department of Energy Grants and Loans

    The Department of Energy provides many funding opportunities. including:

    Environmental Protection Agency Grants

    The Environmental Protection Agency (EPA) has several grant programs, many of which are listed on this site. In addition, links to several specific programs are provided below:

    National Science Foundation (NSF) Grants

    Small Business Innovation Grants

    A few federal programs provide grants to small firms engaged in scientific research and development (R D). The federal government’s SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) programs award a specific percentage of federal R D funds to qualified small businesses. SBIR/STTR programs encourage small firms to undertake scientific research that helps meet federal R D objectives, and have high potential for commercialization if successful.

    The following federal agencies award SBIR/STTR grants:



    Apply for a U. S. Bank Business Term Loan #interest #rates


    #loan application form
    #

    Information Navigation

    Apply for a U.S. Bank Business Term Loan

    To apply for a U.S. Bank Business Term Loan, your business must be located within the following states: AZ, AR, CA, CO, IA, ID, IL, IN, KS, KY, MN, MO, MT, ND, NE, NV, OH, OR, SD, TN, UT, WA, WI and WY.

    As a first step towards applying for a Business Term Loan, please follow the steps mentioned. To finalize your application process, please visit the nearest U.S. Bank and talk to a representative.

    To download any of the forms listed here, you should have Adobe Acrobat Reader (Ver 4.0 or higher), installed on your PC. If you do not have the software, please download it from here:

    After you view the application form, you may print it out by clicking on the print icon. To print the application on legal paper, from the print icon choose ‘Properties’ and change the ‘Paper Size’ to ‘Legal’.

    U.S. Bank Business Term Loan

    1. Print and complete the application for a Business Term Loan.
    2. Each person owning 25% or more of the business must sign the application and sign a personal guaranty.
    3. You will need to provide the following business and personal information:

    Requests less than or equal to $250,000:

      Current business financial statements and most recent year tax return (with relevant schedules) Guarantor(s)’ current Personal Financial Statement and most recent year personal tax return (with relevant schedules).

    Requests greater than $250,000:

      2 years business financial statements and tax returns (with relevant schedules). Guarantor(s)’ current Personal Financial Statement and most recent 2 years personal tax returns (with relevant schedules).
  • Please visit your nearest U.S. Bank to submit the above application materials.


  • U. S. Government Investigating GM Over Subprime Auto Loans #consolidating #debt


    #subprime auto loans
    #

    U.S. Government Investigating GM Over Subprime Auto Loans

    (Adds background of GM Financial, scrutiny of subprime auto lending)

    By Aruna Viswanatha and Peter Rudegeair

    WASHINGTON/NEW YORK, Aug 4 (Reuters) – The U.S. government is investigating General Motors Co’s auto financing arm over subprime auto loans it made and securitized since 2007, the company disclosed on Monday.

    General Motors Financial Co Inc said it was served with a subpoena from the Department of Justice directing it to turn over documents related to underwriting criteria.

    The subpoena, which the company said was in connection with an investigation into possible violations of the civil fraud law FIRREA, also asked for information on the representations GM made about the criteria when the loans were pooled into securities.

    Financial services firms have paid billions of dollars to resolve investigations under FIRREA into questionable mortgages pooled into securities in the run-up to the financial crisis. The new subpoena could be one of the first public acknowledgements that investigators are also looking at the securitization of subprime auto loans.

    FIRREA, the Financial Institutions Reform, Recovery and Enforcement Act, allows the Justice Department to sue over fraud affecting a federally insured financial institution.

    GM Financial was known as AmeriCredit Corp until the carmaker acquired it in October 2010. It issued $2.15 billion in securities backed by subprime auto loans in the first six months of 2014, making it the second-largest issuer of such securities for the period.

    INCREASED SCRUTINY

    The disclosure of the subpoena accompanies increased regulatory scrutiny of subprime auto loans.

    The Office of the Comptroller of the Currency, which regulates national banks, warned in a June report that “signs of risk in auto lending are beginning to emerge.”

    Its assessment was based on lenders’ willingness to lengthen terms, chase borrowers with lower credit scores, and offer loans to buy cars that exceeded the value of the vehicle.

    The disclosure also comes as the auto industry increasingly relies on subprime auto loans for growth.

    New auto loans to borrowers with the lowest credit scores were up 51 percent in the first quarter compared to the same period in 2013, according to Experian Automotive.

    Meanwhile, new auto loans to borrowers with the highest credit scores were down 7 percent over the same time frame.

    Separately, regulators have brought some recent cases against auto lenders over allegations of discrimination.

    In December, GM’s former financing arm, Ally Financial Inc, agreed to pay $98 million to resolve claims by the Justice Department and the U.S. Consumer Financial Protection Bureau that it charged minority borrowers higher interest rates than white borrowers.

    A Justice Department spokeswoman had no immediate comment on the new GM subpoena. A spokesman for the consumer financial bureau declined to comment on whether the agency was examining potential fraud by auto lenders in the origination or securitization of subprime loans. (Reporting by Aruna Viswanatha in Washington and Peter Rudegeair in New York, additional reporting by Sagarika Jaisinghani in Bangalore; Editing by Sriraj Kalluvila and Andrew Hay)



    The U. S. Small Business Administration #startup #business #loans


    #small cash loans
    #

    SBA Loans

    If you’re planning to start a business or expand an existing business, you might need financing help. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan.

    To start the process, you should visit a local bank or lending institution that participates in SBA programs. SBA loan applications are structured to meet SBA requirements, so that the loan is eligible for an SBA guarantee. This guarantee represents the portion of the loan that SBA will repay to the lender if you default on your loan payments.

    The SBA Loan Application Checklist provides a listing of forms and documents you and your lender will need to create a loan package to submit to SBA.

    The following are direct links to information about commonly requested SBA programs:

    Starting and Expanding Businesses

    Gives 7(a) loans to eligible borrowers for starting, acquiring and expanding a small business. This type of loan is the most basic and the most used within SBA’s business loan programs. Borrowers must apply through a participating lender institution.

    Provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.

    Offers very small loans to start-up, newly established or growing small business concerns. SBA makes funds available to nonprofit community based lenders which, in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

    Disaster Loans

    Provide financial assistance to victims of disasters or to individuals in a declared disaster area. You may be eligible for this type of loan even if you don’t own a business.

    Assist small businesses, small agricultural cooperatives and nonprofit organizations as they recover from economic losses resulting from physical disaster or an agricultural production disaster.

    Export Assistance Loans

    Provide exporters and lenders with a streamlined method of obtaining financing for loans and lines of credit up to $500,000. Lenders use their own credit decision process and loan documentation; exporters get access to their funds faster. SBA provides an expedited eligibility review with a response in less than 24 hours.

    Offers loans targeted at businesses that are able to generate export sales but need additional working capital to support these opportunities.

    Gives term loans that are designed for businesses that plan to start/continue exporting or those that that have been adversely affected by competition from imports. The proceeds of the loan must enable the borrower to be in a better position to compete.

    Veteran and Military Community Loans

    Offers funds to eligible small businesses to meet ordinary and necessary operating expenses that could have been met, but are unable to meet, because an essential employee was “called-up” to active duty in their role as a military reservist.

    Special Purpose Loans

    Help small businesses meet their short-term and cyclical working-capital needs through the SBA umbrella program called CAPLines.

    Provides financing to eligible small businesses for the planning, design or installation of a pollution control facility.

    CAIP is a program established to assist U.S. companies that are doing business in areas of the country that have been negatively affected by the North American Free Trade Agreement ( NAFTA ). To be eligible, a business must reside in a county noted as being negatively affected by NAFTA, based on job losses and the unemployment rate of the county.



    The U. S. Small Business Administration #cash #loans


    #apply for a loan
    #

    Business Loan Application Checklist

    SBA is not the only source for small-business loans. State and local economic-development agencies – and numerous nonprofit organizations – provide low-interest loans to small business owners who may not qualify for traditional commercial loans.

    When it comes to applying for these loans, the good news is that most of these other lenders require the same kinds of information. Of course, each loan program has specific forms you need to fill out. But for the most part, you’ll need to submit the same types of documentation. So it’s a good idea to gather what you’ll need before you even start the application process.

    Loan Application Form

    Forms vary by program and lending institution, but they all ask for the same information. You should be prepared to answer the following questions. It’s a good idea to have this information prepared before you fill out the application:

    Why are you applying for this loan?

    Who are the members of your management team?

    Either as part of the loan application or as a separate document, you will likely need to provide some personal background information, including previous addresses, names used, criminal record, educational background, etc.

    Resumes

    Some lenders require evidence of management or business experience, particularly for loans that can be used to start a new business.

    Business Plan

    All loan programs require a sound business plan to be submitted with the loan application. The business plan should include a complete set of projected financial statements, including profit and loss, cash flow and balance sheet.

    Here are some resources for preparing your business plan:

    Personal Credit Report

    Your lender will obtain your personal credit report as part of the application process. However, you should obtain a credit report from all three major consumer credit rating agencies before submitting a loan application to the lender. Inaccuracies and blemishes on your credit report can hurt your chances of getting a loan approved. It’s critical you try to clear these up before beginning the application process.

    Business Credit Report

    If you are already in business, you should be prepared to submit a credit report for your business. As with the personal credit report, it is important to review your business’ credit report before beginning the application process.

    Income Tax Returns

    Most loan programs require applicants to submit personal and business income tax returns for the previous three years.

    Financial Statements

    Many loan programs require owners with more than a 20 percent stake in your business to submit signed personal financial statements.

    You may also be required to provide projected financial statements either as part of, or separate from your business plan. It is a good idea to have these prepared and ready in case a program for which you are applying requires these documents to be submitted individuall.

    The following forms may be used to prepare your projected financial statements:

    Balance Sheet

    Cash Flow

    Bank Statements

    Many loan programs require one year of personal and business bank statements to be submitted as part of a loan package.

    Accounts Receivable and Accounts Payable

    Most loan programs require details of a business’s most current financial position. Before you begin the loan application process, make sure you have accounts receivable and accounts payable.

    Collateral

    Collateral requirements vary greatly. Some loan programs do not require collateral. Loans involving higher risk factors for default require substantial collateral. Strong business plans and financial statements can help you avoid putting up collateral. In any case, it is a good idea to prepare a collateral document that describes cost/value of personal or business property that will be used to secure a loan.

    Legal Documents

    Depending on a loan’s specific requirements, your lender may require you to submit one or more legal documents. Make sure you have the following items in order, if applicable:



    The U. S. Small Business Administration #grants #for #college


    #military loan
    #

    Military Reservists Economic Injury Loans

    The Military Reservist Economic Injury Disaster Loan (MREIDL) provides funds to help an eligible small business meet its ordinary and necessary operating expenses that it could have met, but is unable to, because an essential employee was called-up to active duty in his or her role as a military reservist.

    Loan Amounts and Use

    The maximum MREIDL loan amount is $2 million. The amount of each loan is limited to the actual economic injury as calculated by SBA. The amount is also limited by business interruption insurance and whether the business and/or its owners have sufficient funds to operate. If a business is a major source of employment, SBA has authority to waive the $2 million statutory limit.

    The purpose of MREIDL loans is not to cover lost income or lost profits. MREIDL funds cannot be used in lieu of regular commercial debt, to refinance long-term debt, or to expand the business.

    Eligibility and Terms

    Businesses with the financial capacity to fund their own recovery are not eligible for MREIDL assistance.  Federal law requires SBA to determine whether a business has credit available elsewhere — that is, if credit in an amount needed to accomplish full recovery is available from non-government sources without creating an undue financial hardship.

    The filing period for MREIDL assistance begins on the date the essential employee receives a notice of expected call-up and ends one year after the essential employee is discharged or released from active duty.

    Collateral is required for all MREIDL loans more than $50,000. SBA accepts real estate as collateral when it is available. SBA will not decline a loan for lack of collateral, but will require the borrower to pledge collateral that is available.

    The MREIDL interest rate is 4 percent and has loan repayment terms up to 30 years. SBA determines the term of each loan in accordance with the borrower’s ability to repay.

    How to Apply

    You can apply online for an SBA MREIDL. You must submit the completed loan application and a signed and dated IRS Form 4506-T  giving permission for the IRS to provide SBA your tax return information.



    The U. S. Small Business Administration #land #loan


    #help loan
    #

    What SBA Offers to Help Small Businesses Grow

    What does SBA offer to small business owners? The programs are many and varied, and the qualifications for each are specific. SBA can help facilitate a loan for you with a third party lender, guarantee a bond, or help you find venture capital. Understanding how SBA works is the first step towards receiving assistance.

    SBA’s Role

    SBA provides a number of financial assistance programs for small businesses that have been specifically designed to meet key financing needs, including debt financing, surety bonds, and equity financing.

    Guaranteed Loan Programs (Debt Financing)

    SBA does not make direct loans to small businesses. Rather, SBA sets the guidelines for loans, which are then made by its partners (lenders, community development organizations, and microlending institutions). The SBA guarantees that these loans will be repaid, thus eliminating some of the risk to the lending partners. So when a business applies for an SBA loan, it is actually applying for a commercial loan, structured according to SBA requirements with an SBA guaranty. SBA-guaranteed loans may not be made to a small business if the borrower has access to other financing on reasonable terms.

    SBA loan guaranty requirements and practices can change as the Government alters its fiscal policy and priorities to meet current economic conditions. Therefore, you can’t rely on past policy when seeking assistance in today’s market.

    Bonding Program (Surety Bonds)

    SBA’s Surety Bond Guarantee (SBG) Program helps small business contractors who cannot obtain surety bonds through regular commercial channels.

    A surety bond is a three-party instrument between a surety (someone who agrees to be responsible for the debt or obligation of another), a contractor and a project owner. The agreement binds the contractor to comply with the terms and conditions of a contract. If the contractor is unable to successfully perform the contract, the surety assumes the contractor’s responsibilities and ensures that the project is completed.

    Through the SBG Program, the SBA makes an agreement with a surety guaranteeing that SBA will assume a percentage of loss in the event the contractor should breach the terms of the contract. The SBA’s guarantee gives sureties an incentive to provide bonding for eligible contractors, thereby strengthening a contractor’s ability to obtain bonding and greater access to contracting opportunities for small businesses.

    SBA can guarantee bonds for contracts up to $5 million, covering bid, performance and payment bonds, and in some cases up to $10 million for certain contracts.

    Venture Capital Program

    SBA’s Small Business Investment Company (SBIC) Program is a public-private investment partnership created to help fill the gap between the availability of growth capital and the needs of small businesses. The SBA does not invest directly in small businesses, relying instead on the expertise of qualified private investment funds. The SBA licenses these funds as SBICs and supplements the capital they raise from private investors with access to low-cost, government-guaranteed debt.

    With these two sources of capital backing them, SBICs search across the United States for promising businesses in need of debt or equity financing. SBICs are similar to other investment funds in terms of how they operate and their pursuit of high returns. However, unlike other funds, SBICs limit their investments to qualified small business concerns as defined by SBA regulations.



    The U. S. Small Business Administration #loans #calculator


    #equity loans
    #

    Equity Investment

    What Is Equity Investment?

    Business loan applicants must have a reasonable amount invested in their business. This ensures that, when combined with borrowed funds, the business can operate on a sound basis. There will be a careful examination of your business’ debt-to-worth ratio to help all parties understand how much money the lender is being asked to lend (debt) in relation to how much you have invested (worth). Owners invest either assets that are applicable to the operation of the business and/or cash which can be used to acquire such assets. The value of invested assets should be substantiated by invoices or appraisals for start-up businesses, or current financial statements for existing businesses. This value is also known as equity investment.

    How the Debt-to-Worth Ratio Affects Your Loan Application

    Strong equity with a manageable debt level provides financial resiliency to help your business maintain viability during tough times. In contrast, if your business has minimal or non-existent equity, the risk of default (failure to pay) your debts is increased.

    • Strong equity investment shows a lender that you are fully committed to the business.
    • Sufficient equity is particularly important for new businesses, to convince the lender that you are serious.
    • Weak equity will make a lender more hesitant to provide any financial assistance. However, low equity in relation to existing and projected debt (your current obligations plus the new loan) can be overcome with a strong showing in all the other credit factors.
    • Non-existent equity can make obtaining a loan almost impossible, as you have not shown commitment to your business by investing your own money or assets in it.

    Assessing Your Company’s Suitability for a Loan

    Determining whether your company’s level of debt is appropriate in relation to its equity requires analysis of the company’s expected earnings and the viability and variability of these earnings. The stronger the support for projected profits, the greater the likelihood that your loan will be approved. Applications with high debt, low equity, and unsupported projections are prime candidates for loan denial.



    Guaranteed Car Finance Deals – Car Loans 4 U Zuto? #payday #loan #company


    #car loans 4 u
    #

    Guaranteed Car Financing

    Guaranteed Car Finance

    “Is there such a thing as guaranteed car finance, and if so, should I take it?

    Let me dispel any illusions you have about guaranteed car finance deals. No company in the UK can currently guarantee you car financing or a higher purchase plan. It’s impossible to do without the lending company going into administration at a rapid rate.

    To guarantee car finance to anybody would mean offering loans to those that are unemployed, very elderly, very recently bankrupt (it’s illegal to obtain credit within 12 months of filing for bankruptcy), or dealing with colossal debts that would make car financing repayments impossible to maintain.

    I hear ads on the radio every day about companies that are offering guaranteed car finance. It’s just a marketing angle to convince people to apply, as a percentage will be deemed lendable.

    Best chance ever

    There are now more lenders that ever and the criteria to accepting an individual for car finance has been eased over recent years. So there is a realistic opportunity for many people to access car finance that perhaps couldn’t have just five years ago…And there are a few great companies around such as Car Loans 4 U or Zuto – more on that in a moment.

    What’s the catch?

    If you have a poor credit history but still qualify for a car finance agreement there is a price to pay, and it’s a financial one.

    Firstly, some interest rates on poor credit finance deals are extraordinarily high. While a high street lender can offer loans at a base rate of around 7% (subject to status of course), a poor credit lender can charge anything from 12% base interest rate right up to 25%. I have even seen some companies charging over 30% base interest rate.

    So that means you’d pay £300 interest for every £1000 borrowed. But it’s actually more than that when we calculate using APR which often includes fees and charges that may be spread over the period of the loan.

    So, poor-credit finance can be an expensive business for the consumer. Not only is the credit expensive but the cars are often grossly over-priced as well. When you add it all together you can be paying thousands and thousands of pounds more for a car than you otherwise might.

    Question: Do you want to be making payments of let’s say, £154 per month, almost three years into a finance agreement, when the car has depreciated and is now worth less than a £1000? This is a common scenario and one you could easily find yourself in if you opt for car finance from an expensive lender.

    Finding a better lender that will actually accept you

    I’d like to add that there are some reasonably good credit lenders (that deal with prime and sub-prime clients) on the market today. Sure their interest rates can be a little higher than the bank, but they don’t reach the scaly heights of 25% interest.

    Here, I’m gonna focus on one such lender. I’ve done a lot of business with them over the years and found them to be contactable and affordable for consumers with excellent customer service and follow up.

    Zuto Car Finance (formally Car Loans 4 U)

    The company work a little differently from most other car finance companies as you can apply for a loan before you’ve found a car (recommended.) If and when you’re accepted, you’ll know how much money you are spending on a car, the loan repayments and other terms of the loan. This gives consumers an opportunity to reflect on the finance proposal and decide if it’s an affordable option.

    If you decide that the package isn’t right for you, there’s no obligations and it’s fine to just say no.

    Zuto or Car Loans 4 U. do NOT sell cars themselves. They only provide the finance for them.

    What are the criteria?

    I can’t give you any perfect answer here, but I can give you a good idea of what’s required…

    Zuto have a panel of lenders, and are able to consider car finance applications from people with a wide range of financial circumstances.

    You may still apply if:

    You have little or no deposit (subject to certain terms of course)

    You have some poor credit against you

    If you’re self-employed

    If you’re young ( but at least 18 years old have a good credit rating)

    If you’re not on the electoral role

    If you’re in the Forces  (must have a UK address other than barracks)

    If you need to refinance your existing car

    If you’ve found a car privately (this is dependent on certain criteria including the particular panel lender and the vehicle in question, as age and mileage restrictions apply)

    If you’ve applied for credit elsewhere in the last few weeks or months Car Loans 4 U will initially conduct a soft search which doesn’t leave a trace on your credit file. The soft search is enough to determine the likelihood of lending

    If you need finance for a commercial vehicle or motor bike

    Adverse credit, missed payments or arrears

    This loan company have several lenders who will provide finance to people who have missed previous payments or have a poor credit rating. But as I’ve spoken about already, there are no guarantees here and the only way to really find out if you’ll be accepted is to go ahead and apply.

    If you have an IVA (individual voluntary arrangement) Car Loans 4 U will require a confirmation letter from your Insolvency Practitioner that they are happy for you to access finance again. If your IVA has passed and been settled then you’re fine to go ahead and apply.

    Bankruptcy – If you’ve been bankrupt in the last 12 months you do NOT meet the qualifying criteria. If you’ve been discharged from bankruptcy for at least 12 months you may be considered for finance but this is under some strict guidelines.

    CCJs – If you have outstanding CCJs you’re still able to apply for finance as long as the CCJ is more than 4 weeks old.

    If you apply and you’re accepted, you’ll know how much money you can spend on a car and the exact terms of the loan. Next you can begin searching for cars that meet the criteria of your lender. Age and mileage are the main factors that determine if a lender is happy to finance. Generally, the car needs to be less than 10 years old and certainly fewer than 100,000 miles. Ideally the car should be a maximum of 8 years old and under 80,000 miles.

    Once you’ve found a car at a dealer and you’re happy to proceed, you’ll need to tell the dealership that you have finance arranged with a lender.

    Telephone Zuto (Car Loans 4 U) and inform your adviser that you’ve found a car and want to buy it.

    Your advisor will then contact the dealership directly and work through the details.

    From a dealer’s point of view, Car Loans for You can be a little frustrating to deal with. They want lots of information, invoices, warranty details etc.; before they’ll make a pay-out to the dealer. But for you, the consumer, it’s all good because Zuto Finance go to great lengths to ensure the car is legitimate and worth the money being asked.

    Tip: Ask your advisor to request that the dealership add a 12 month warranty into the deal free of charge. This is a good thing to do and most dealers will agree if it means closing the deal and getting paid out.

    It can take several days for the lender and the dealer to work all the paperwork out and get the agreement signed off. Once they do you’ll be able to pick up your new car and drive into the sunset.



    U. S. Department of Education Loan Payment #4000 #loan


    #department of education student loans
    #

    U.S. Department of Education Loan Payment

    Currently, a number of American students are taking out both loans federal and private loans in order to cover the cost of their education. Notably, federal loans have many further categories and are disbursed by the U.S. Department of Education. Of course, students should understand the U.S. Department of Education loan payment procedures in detail even before applying for the loan so that they can plan accordingly.

    Know Your Loan Servicer

    After the U.S. Department of Education loan payment is made to students, each student is assigned to a loan servicer who is responsible for collecting payment from the students once the repayment time starts. If you do not know who your loan servicer is, then you may contact the National Student Loan Data System (NSLDS). where you can find out information about your loans and loan servicers after you provide your FSA ID. You can also learn about your U.S. Department of Education loan payment deadlines and repayment plan.

    Choose the Right Repayment Plan

    When you are exploring options for your U.S. Department of Education student loan payment plan, make sure that it is realistic and practical. Repayment time spans and total amounts you have to pay vary with each plan.



    The U. S. Small Business Administration #small #business #loans #for #women


    #co op loans
    #

    Cooperative

    A cooperative is a business or organization owned by and operated for the benefit of those using its services. Profits and earnings generated by the cooperative are distributed among the members, also known as user-owners.

    Typically, an elected board of directors and officers run the cooperative while regular members have voting power to control the direction of the cooperative. Members can become part of the cooperative by purchasing shares, though the amount of shares they hold does not affect the weight of their vote.

    Cooperatives are common in the healthcare, retail, agriculture, art and restaurant industries.

    Forming a Cooperative

    Forming a cooperative is different from forming any other business entity. To start up, a group of potential members must agree on a common need and a strategy on how to meet that need. An organizing committee then conducts exploratory meetings, surveys, and cost and feasibility analyses before every member agrees with the business plan. Not all cooperatives are incorporated, though many choose to do so. If you decide to incorporate your cooperative. you must complete the following steps:

    • File Articles of Incorporation. The articles of incorporation legitimizes your cooperative and includes information like the name of the cooperative, business location, purpose, duration of existence, and names of the incorporators, and capital structure. Once the charter members (also known as the incorporators) file with your state business entity registration office and the articles are approved, you should create bylaws for your cooperative.
    • Create Bylaws. While the law does not require bylaws, they do need to comply with state law and are essential to the success of your cooperative. Bylaws list membership requirements, duties, responsibilities and other operational procedures that allow your cooperative to run smoothly. According to most state laws, the majority of your members must adopt articles of incorporation and bylaws. Consult an attorney to verify that your bylaws comply with state laws.
    • Create a Membership Application. To recruit members and legally verify that they are part of the cooperative, you must create and issue a membership application. Membership applications include names, signatures from the board of directors and member rights and benefits.
    • Conduct a Charter Member Meeting and Elect Directors. During this meeting, charter members discuss and amend the proposed bylaws. By the end of the meeting, all of the charter members should vote to adopt the bylaws. If the board of directors were not named in the articles of incorporation, you must designate them during the charter meeting.
    • Obtain Licenses and Permits. You must obtain relevant business licenses and permits. Regulations vary by industry, state and locality. Use our Licensing Permits tool to find a list of federal, state and local permits, licenses and registrations you’ll need to run a business.
    • Hiring Employees. If you are hiring employees, read more about federal and state regulations for employers .

    Each state will have slightly different laws that govern a cooperative. Consult an attorney, your Secretary of State or State Corporation Commissioner for more information regarding your state’s specific laws.

    Cooperative Taxes

    Most businesses need to register with the IRS, register with state and local revenue agencies, and obtain a tax ID number or permit. A cooperative operates as a corporation and receives a “pass-through” designation from the IRS. More specifically, cooperatives do not pay federal income taxes as a business entity.

    Instead, the cooperative’s members pay federal taxes when they file their personal income tax. Members pay federal and state income tax on the margins earned by the cooperative, though the amount of taxation varies slightly by state. Cooperatives must follow the rules and regulations of the IRS’s Subchapter T Cooperatives tax code to receive this type of tax treatment.

    To file taxes on income received from cooperatives, please refer to IRS instructions on how to file Form 1099-PATR. More information about taxable distributions received from cooperatives is available at IRS.gov. If you create a consumer cooperative for retail sales of goods or services that are generally for personal, living, or family, you will need to file Form 3491 Consumer Cooperative Exemption Application for exemption from Form 1099-PATR.

    Some cooperatives, like credit unions and rural utility cooperatives, are exempt from federal and state taxes due to the nature of their operations. Check with your state’s income tax agency for information about state taxes.

    Advantages of a Cooperative

    • Less Taxation. Similar to an LLC, cooperatives that are incorporated normally are not taxed on surplus earnings (or patronage dividends) refunded to members. Therefore, members of a cooperative are only taxed once on their income from the cooperative and not on both the individual and the cooperative level.
    • Funding Opportunities. Depending on the type of cooperative you own or participate in, there are a variety of government-sponsored grant programs to help you start. For example, the USDA Rural Development program offers grants to those establishing and operating new and existing rural development cooperatives.
    • Reduce Costs and Improve Products and Services. By leveraging their size, cooperatives can more easily obtain discounts on supplies and other materials and services. Suppliers are more likely to give better products and services because they are working with a customer of more substantial size. Consequently, the members of the cooperative can focus on improving products and services.
    • Perpetual Existence. A cooperative structure brings less disruption and more continuity to the business. Unlike other business structures, members in a cooperative can routinely join or leave the business without causing dissolution.
    • Democratic Organization. Democracy is a defining element of cooperatives. The democratic structure of a cooperative ensures that it serves its members’ needs. The amount of a member’s monetary investment in the cooperative does not affect the weight of each vote, so no member-owner can dominate the decision-making process. The “one member-one vote” philosophy particularly appeals to smaller investors because they have as much say in the organization as does a larger investor.

    Disadvantages of a Cooperative

    • Obtaining Capital through Investors. Cooperatives may suffer from slower cash flow since a member’s incentive to contribute depends on how much they use the cooperative’s services and products. While the “one member-one vote” philosophy is appealing to small investors, larger investors may choose to invest their money elsewhere because a larger share investment in the cooperative does not translate to greater decision-making power.
    • Lack of Membership and Participation. If members do not fully participate and perform their duties, whether it be voting or carrying out daily operations, then the business cannot operate at full capacity. If a lack of participation becomes an ongoing issue for a cooperative, it could risk losing members.


    The U. S. Small Business Administration #unsecured #personal #loans #bad #credit


    #get a loan today
    #

    Tips for Getting Your Small Business Loan Request Approved (Even in Today s Economy)

    By Caron Beesley Published: August 18, 2010

    Note: The ARRA (Recovery Act) initiatives and/or programs referenced in this article will expire on September 30, 2010. Any statements about qualifying time periods, or extensions of these dates, as they pertain to the availability of ARRA programs are over-ridden by the expiration of the Act on September 30, 2010.

    While signs of an economic recovery are still somewhat hard to detect on Main Street, there are some indications that credit is poised to trickle out to small businesses again. The newly published Intuit Future of Small Business Report- Credit Outlook reports that ‘. credit remains available to fuel small business dreams, if you know where to look- and how to qualify’.

    Intuit’s research is based on interviews with small business owners seeking credit and the banks and lenders who can provide it. And, while they note that credit remains tight, they suggest that businesses ‘. that can demonstrate the ability to manage assets and cash flow will find credit is still available, although not unlimited.’

    Combine this research with the steady flow of new and revised loan programs that have come out of the Small Business Administration (SBA) since the passing of the American Recovery and Reinvestment Act (ARRA), and it could just be the right time for many small business owners to tread (albeit tentatively) back into the loan market once more.

    But knowing how to position yourself as an attractive and viable investment for banks and lenders is going to require a lot more planning and preparation than was required in the days when banks were a lot more ‘credit happy’.

    If you are seeking a business loan, whether a traditional loan or one backed by the SBA, here are some tips to help you position yourself as a fiscally responsible candidate.

    1. Research Potential Lending Institutions

    To stand the best chance of succeeding with your loan application it will help to approach a bank that is familiar with your industry and target market. Your local Chamber of Commerce, Small Business Development Center. or other business networking group should be able to point you in the right direction. You may also benefit from approaching smaller community banks, as opposed to the larger national banks. They can often put a face to the application process, and, since they operate in the same locality, there is a good chance that they will have prior knowledge of your business.

    You should also focus on banks that participate in SBA-guaranteed loan programs – the ARRA has enabled the SBA to increase its guarantees to lenders, while easing up the fees that business owners face (more here ).

    SBA loans- as well as the recently announced ARC Loan Program and changes to the 504 Loan Program – cover a wide variety of business needs including start-up costs, business expansion, supplies and machinery.

    More established businesses can benefit from traditional loans not backed by the SBA, but do consider that the government, through the ARRA, is offering up significant risk-reduction incentives for banks to opt for SBA-backed loans. So you may find that your bank steers you in that direction regardless.

    2. Gather all your Documentation

    Before you start applying for loans, you should gather some basic documentation about you and your business- such as a demonstrably good income record. This Business Loan Checklist from Business.gov includes some of the typical items you will need for any small business loan application.

    3. Prepare Your Loan Application

    Most banking institutions will have separate loan application processes, but if you are pursuing an application for an SBA loan, there are specific types of information that you’ll need to provide. And remember, you must work through your bank for an SBA loan. The SBA itself doesn’t provide direct loans; your lender will submit your loan package to the SBA for approval.

    This SBA Loan Application Checklist from the government will help you understand what the loan application process entails and what forms you will need. You can also read this post- How to Prepare a Loan Proposal – for quick tips and advice.

    4. Prepare and be Polished at Your Loan Application Interview

    Whatever your motives for needing a business loan, present a positive and professional demeanor at the interview. Be prepared for a variety of questions and make sure you can back up all your loan application claims with facts.

    You are selling yourself, your confidence in your business plan, as well as your ability to make good on your loan. Communicate clearly how much money you need, what you intend to use it for and exactly where the business loan will be allocated (premises versus equipment versus staff, and so on). Prepare your repayment plan and be sure to include it in your documentation.

    It costs nothing to talk to your local SBA office or Small Business Development Center (SBDC). Each has experts on hand to help you navigate the loan approval process; it’s also likely that they will have their fingers on the pulse as to which strategies work well in recessionary times.

    Many SBDCs also offer up free resources including small business events and seminars as well as books and publications on an array of business subjects. Some even offer computer workstations that you can use to conduct market research, create business plans, evaluate your company’s financial statements, and more.

    Use these links to find your local SBDC and SBA office.

    Good luck!

    Additional Resources

    • Loans and Grants Tool This government tool lets you find what loans and grants your small business might be eligible for.
    • SBA Recovery Act Agency Plan (published in May, 2009)- This plan outlines the agency’s goals for using its $730 million in stimulus money to help small businesses ‘recover, start, build and grow’.
    • SBA Recovery Act Information Portal – This site includes links to fact sheets, loan information, podcasts and more.


    The U. S. Small Business Administration #business #funding


    #military loan
    #

    Military Reservists Economic Injury Loans

    The Military Reservist Economic Injury Disaster Loan (MREIDL) provides funds to help an eligible small business meet its ordinary and necessary operating expenses that it could have met, but is unable to, because an essential employee was called-up to active duty in his or her role as a military reservist.

    Loan Amounts and Use

    The maximum MREIDL loan amount is $2 million. The amount of each loan is limited to the actual economic injury as calculated by SBA. The amount is also limited by business interruption insurance and whether the business and/or its owners have sufficient funds to operate. If a business is a major source of employment, SBA has authority to waive the $2 million statutory limit.

    The purpose of MREIDL loans is not to cover lost income or lost profits. MREIDL funds cannot be used in lieu of regular commercial debt, to refinance long-term debt, or to expand the business.

    Eligibility and Terms

    Businesses with the financial capacity to fund their own recovery are not eligible for MREIDL assistance.  Federal law requires SBA to determine whether a business has credit available elsewhere — that is, if credit in an amount needed to accomplish full recovery is available from non-government sources without creating an undue financial hardship.

    The filing period for MREIDL assistance begins on the date the essential employee receives a notice of expected call-up and ends one year after the essential employee is discharged or released from active duty.

    Collateral is required for all MREIDL loans more than $50,000. SBA accepts real estate as collateral when it is available. SBA will not decline a loan for lack of collateral, but will require the borrower to pledge collateral that is available.

    The MREIDL interest rate is 4 percent and has loan repayment terms up to 30 years. SBA determines the term of each loan in accordance with the borrower’s ability to repay.

    How to Apply

    You can apply online for an SBA MREIDL. You must submit the completed loan application and a signed and dated IRS Form 4506-T  giving permission for the IRS to provide SBA your tax return information.



    The U. S. Small Business Administration #consolidating #loans


    #bad credit cash loans
    #

    Is Bad Credit Stopping You from Getting Business Loans?

    By Marco Carbajo Published: March 11, 2014

    In a recent report. over 63% of business owners attempting to find funding say they most often targeted banks. Unfortunately, the success among these respondents of actually getting a business loan was a low 27%.

    However, recent news suggest small business owners considered creditworthy are discovering it to be easier to get business loans from traditional banks. This is good news for the economy since access to funding for small businesses is a part of job and economic growth.

    Unfortunately, bad credit plagues a large percentage of small business owners as a result of the financial crisis several years back. The fact remains that it’s harder for smaller businesses ­– even with stellar credit ratings ­– to get traditional bank loans than it is for larger businesses.

    Access to capital is the single largest roadblock most business owners face when growing their business. With a business loan . these businesses can hire new employees, purchase additional inventory, buy or upgrade equipment and increase their marketing efforts.

    So what can a business owner do if bad credit is preventing them from getting a business loan?

    The good news is there are alternative funding programs and solutions providing business owners the opportunity to obtain a business loan or line of credit regardless of having bad personal credit. Instead, other factors are taken into consideration such as bank deposit history, credit card sales, credit partners and other data sources.

    Here are several factors that can get you a business loan regardless of having bad credit:

    Bank deposits – A business with regular bank deposits can put its cash flow to work with revenue-based loans . This program is based on the deposits going into the business bank account on a monthly basis. Typically, a business can obtain a business loan equal to 10% of its annual gross deposits regardless of having bad credit. Another benefit of this program is the time it takes to get funded, which is approximately 7 business days.

    Keep in mind the loan term can be as long as 18 months with this program, with rates slightly higher than a traditional bank rate. It requires no collateral, financials or tax returns. Repayments are made in small increments every day via ACH from the business bank account.

    Credit card sales – This type of funding program, known as a merchant cash advance, provides businesses with upfront cash in exchange for a portion of future credit card sales. For businesses that have regular monthly credit card sales but struggle with bad personal credit, a merchant cash advance may be a viable option.

    However, be very selective on what merchant cash advance provider you select. Some providers can cost as high as 38% while others can be as low as 12%. In addition, when it comes to repayment, the majority of merchant cash providers take a fixed percentage of your daily credit card receipt volume until the advance you took is paid back. Other business cash advance providers may offer a fixed monthly installment payment for its repayment method.

    Credit Partner – Using a business partner(s) as a credit partner for obtaining lines of credit in the form of business credit cards can be a viable solution to overcome a personal credit challenge. A business partner who has strong credit scores is the best place to look. You may also want to consider someone who may be interested in participating in your business as a potential credit partner.

    This method does bring risk to the credit partner because they are cosigning with the business to obtain funding. However, it’s important to note the type of unsecured business credit cards I am referring to will not appear on the personal credit reports of the cosigner unless they go into default.

    There are many other types of funding programs that offer small business owners the opportunity to get business loans or access to cash without having perfect credit or subjecting themselves to all the rigorous analysis, cumbersome paperwork, lengthy process and aggravating timelines that comes with a traditional business loan.



    Mills v. Midwest Title Loans, U. S. Supreme Court Declines to Protect B. #personal #loan #interest #rates


    #midwest title loans
    #

    Related

    AARP asked the Supreme Court to reverse a decision that impedes state efforts to protect their residents against some of the most egregious predatory lending practices. AARP Indiana had actively supported enactment of the law in question. The court declined to consider the case.

    Background

    Midwest Title Loans charges borrowers an annual percentage rate of 300 percent for small amounts of cash secured by titles to their cars. Relying on a business model common to the car title lending industry, the company loans the money for a short period of time (usually 30 days) and allows the borrower to extend the loan at the end of that period for an additional fee often trapping a borrower in an endless spiral of debt. When the borrower defaults, the company can repossess the car without going to court because of the agreement the borrower signs, recordation of a lien with the state motor vehicles agency and possession of a set of car keys obtained at the time the loan is made.

    Car title loans are part of a class of predatory loan products that are growing by leaps and bounds, and that are increasingly subject to state scrutiny. In fact, most states now regulate car title lending, in part because of concerns about the vital link between consumers ability to maintain a reliable form of transportation and ability to work, contribute to economic vitality and provide families access to medical, education and emergency needs needs the states must meet if families cannot. The Department of Defense considers both payday loans and car title loans predatory.

    Despite governmental concerns, lenders keep finding new ways to skirt regulatory laws. The availability of marketing credit options on the Internet has enabled many lenders to evade state laws, characterizing the transactions as originating in a less regulated state despite the fact that the entire face-to-face transaction may take place in a more regulated state. Others market across state lines, seeking to reach borrowers just over the border of a more regulated state.

    The State Law

    AARP Indiana worked with the Indiana Department of Financial Institutions (DFI) supporting passage of 2007 legislation that mandates that out-of-state lenders who solicit Indiana borrowers comply with Indiana law. The state law imposes Indiana licensing and regulatory requirements on out-of-state lenders who solicit (through advertisements, mail or other means) borrowers in Indiana and restricts lenders from charging more than 36 percent annual interest.

    After the law was passed, DFI sent letters to various lenders, including Illinois car title lenders, threatening them with enforcement action if they continued to make loans to Indiana consumers in excess of 36 percent. Midwest Title Loans, a car title lender based in Illinois that charges interest rates in excess of 36 percent, sued DFI seeking to invalidate the law.

    States are prohibited by the U.S. Constitution from regulating the business activities in other states or regulating transactions in a way that impedes commerce across state lines, and Midwest invoked this clause in challenging the law. A trial court and appeals court agreed with Midwest and ruled that the law violated the Constitution. The state of Indiana asked the U.S. Supreme Court to consider the matter and the court declined.

    AARP’s Brief

    Attorneys with AARP Foundation Litigation filed AARP’s friend of the court brief in the appeal, jointly with the Center for Responsible Lending and other consumer protection advocacy groups and legal services organizations. The brief detailed the pernicious effects car title loans and other alternative financing options have on working families who are living at the margin, outlines how these alternative financing services are often deceptively and aggressively marketed and points out that the dormant commerce clause only prevents states from covering activities that are entirely outside state lines. AARP’s brief noted that the lender involved in the case is doing significant business voluntarily within Indiana’s state borders and states should be able to pass consumer protection laws that protect their residents. In this case, the lender intentionally directs mail, television and phone book advertisements at Indiana consumers, records liens with the Indiana Bureau of Motor Vehicles, makes collection calls to Indiana consumers, contracts with firms to repossess and auction cars in Indiana and obtains Indiana titles to cars repossessed from Indiana consumers.

    AARP seeks to ensure that consumers particularly those who are cash-strapped or living at the margins – are not preyed upon with high interest, high fees and misleading loan terms. The decision of the U.S. Supreme Court not to disturb the ruling in Mills v. Midwest Title Loans is a disappointment.



    U. S. Department of Housing and Urban Development (HUD) #stated #income #loans


    #loan modification program
    #

    Foreclosure Avoidance Counseling

    HUD-approved housing counseling agencies are available to provide you with the information and assistance you need to avoid foreclosure. As part of President Obama’s comprehensive Homeowner Affordability and Stability Plan (HASP), you may be eligible for a special Making Home Affordable loan modification or refinance, to reduce your monthly payments and help you keep your home.

    If you need help understanding the Making Home Affordable programs, you can use this search tool to find a counseling agency in your area that will provide you with free foreclosure prevention services. If you are eligible for the loan modification or refinance program, the counselor will work with you to compile an intake package for your servicer.

    Foreclosure prevention counseling services are provided free of charge by nonprofit housing counseling agencies working in partnership with the Federal Government. These agencies are funded, in part, by HUD and NeighborWorks America. There is no need to pay a private company for these services.

    Please select a state from the list below and click the “Go to this page” link, or select a state from the map below. This will take you to a page with additional search criteria to help you find a conveniently located housing counseling agency.

    Agency Contact Information by State (Map)



    The U. S. Small Business Administration #easy #car #loans


    #small cash loans
    #

    SBA Loans

    If you’re planning to start a business or expand an existing business, you might need financing help. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan.

    To start the process, you should visit a local bank or lending institution that participates in SBA programs. SBA loan applications are structured to meet SBA requirements, so that the loan is eligible for an SBA guarantee. This guarantee represents the portion of the loan that SBA will repay to the lender if you default on your loan payments.

    The SBA Loan Application Checklist provides a listing of forms and documents you and your lender will need to create a loan package to submit to SBA.

    The following are direct links to information about commonly requested SBA programs:

    Starting and Expanding Businesses

    Gives 7(a) loans to eligible borrowers for starting, acquiring and expanding a small business. This type of loan is the most basic and the most used within SBA’s business loan programs. Borrowers must apply through a participating lender institution.

    Provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.

    Offers very small loans to start-up, newly established or growing small business concerns. SBA makes funds available to nonprofit community based lenders which, in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

    Disaster Loans

    Provide financial assistance to victims of disasters or to individuals in a declared disaster area. You may be eligible for this type of loan even if you don’t own a business.

    Assist small businesses, small agricultural cooperatives and nonprofit organizations as they recover from economic losses resulting from physical disaster or an agricultural production disaster.

    Export Assistance Loans

    Provide exporters and lenders with a streamlined method of obtaining financing for loans and lines of credit up to $500,000. Lenders use their own credit decision process and loan documentation; exporters get access to their funds faster. SBA provides an expedited eligibility review with a response in less than 24 hours.

    Offers loans targeted at businesses that are able to generate export sales but need additional working capital to support these opportunities.

    Gives term loans that are designed for businesses that plan to start/continue exporting or those that that have been adversely affected by competition from imports. The proceeds of the loan must enable the borrower to be in a better position to compete.

    Veteran and Military Community Loans

    Offers funds to eligible small businesses to meet ordinary and necessary operating expenses that could have been met, but are unable to meet, because an essential employee was “called-up” to active duty in their role as a military reservist.

    Special Purpose Loans

    Help small businesses meet their short-term and cyclical working-capital needs through the SBA umbrella program called CAPLines.

    Provides financing to eligible small businesses for the planning, design or installation of a pollution control facility.

    CAIP is a program established to assist U.S. companies that are doing business in areas of the country that have been negatively affected by the North American Free Trade Agreement ( NAFTA ). To be eligible, a business must reside in a county noted as being negatively affected by NAFTA, based on job losses and the unemployment rate of the county.



    The U. S. Small Business Administration #rural #development #loan


    #military loans
    #

    Business Loan Opportunities for Military Veterans in 2014

    By Katie Murray Published: January 22, 2014

    The service of veterans has done a tremendous amount for the United States – on our own soil and around the world. Many continue their contributions to the country by channeling their skills and leadership into entrepreneurial endeavors that help strengthen our economy.

    And now through the rest of the fiscal year, SBA’s Express Loan Program will make it easier to get loans in the hands of veterans so they can succeed in their business ventures.

    Through the end of September, SBA has set the borrower upfront fee to zero for all veteran loans authorized under the SBA Express program, which supports loans of up to $350,000.

    Additionally through the end of the fiscal year, fees on all loans (and not just for veterans) $150,000 and under are set to zero.

    These initiatives make the loans cheaper for the borrower, which is just another way SBA is looking to serve small business owners – and those veterans who have served us – as they look for ways to access capital.

    About the Express Loan Program

    One great feature of the Express Loan Program is that it has an accelerated turnaround time for SBA review. You’ll receive a response to your application within 36 hours.

    With a fast turnaround, streamlined process and easy-to-use line of credit, this program is SBA’s most popular loan delivery method – nearly 60 percent of all 7(a) loans over the past decade being authorized through the program. Since the program began, it has also been one of the most popular delivery methods for getting capital into the hands of veteran borrowers.

    Getting started

    Interested in exploring loan options to get your business started? Check out these loans that fall under Express Program standards. Our business loan checklist can also help prepare you for the application process, in addition to taking a look at the credit factors lenders will consider when you apply for an SBA-backed loan.

    In the transition from military service to customer service, you’ll find great resources from SBA to help you find success. And if you’re looking for funding to get your business off the ground, these loan perks may make it possible to do just that.

    Related Resources



    The U. S. Small Business Administration #amortized #loan #calculator


    #apply for a loan
    #

    Business Loan Application Checklist

    SBA is not the only source for small-business loans. State and local economic-development agencies – and numerous nonprofit organizations – provide low-interest loans to small business owners who may not qualify for traditional commercial loans.

    When it comes to applying for these loans, the good news is that most of these other lenders require the same kinds of information. Of course, each loan program has specific forms you need to fill out. But for the most part, you’ll need to submit the same types of documentation. So it’s a good idea to gather what you’ll need before you even start the application process.

    Loan Application Form

    Forms vary by program and lending institution, but they all ask for the same information. You should be prepared to answer the following questions. It’s a good idea to have this information prepared before you fill out the application:

    Why are you applying for this loan?

    Who are the members of your management team?

    Either as part of the loan application or as a separate document, you will likely need to provide some personal background information, including previous addresses, names used, criminal record, educational background, etc.

    Resumes

    Some lenders require evidence of management or business experience, particularly for loans that can be used to start a new business.

    Business Plan

    All loan programs require a sound business plan to be submitted with the loan application. The business plan should include a complete set of projected financial statements, including profit and loss, cash flow and balance sheet.

    Here are some resources for preparing your business plan:

    Personal Credit Report

    Your lender will obtain your personal credit report as part of the application process. However, you should obtain a credit report from all three major consumer credit rating agencies before submitting a loan application to the lender. Inaccuracies and blemishes on your credit report can hurt your chances of getting a loan approved. It’s critical you try to clear these up before beginning the application process.

    Business Credit Report

    If you are already in business, you should be prepared to submit a credit report for your business. As with the personal credit report, it is important to review your business’ credit report before beginning the application process.

    Income Tax Returns

    Most loan programs require applicants to submit personal and business income tax returns for the previous three years.

    Financial Statements

    Many loan programs require owners with more than a 20 percent stake in your business to submit signed personal financial statements.

    You may also be required to provide projected financial statements either as part of, or separate from your business plan. It is a good idea to have these prepared and ready in case a program for which you are applying requires these documents to be submitted individuall.

    The following forms may be used to prepare your projected financial statements:

    Balance Sheet

    Cash Flow

    Bank Statements

    Many loan programs require one year of personal and business bank statements to be submitted as part of a loan package.

    Accounts Receivable and Accounts Payable

    Most loan programs require details of a business’s most current financial position. Before you begin the loan application process, make sure you have accounts receivable and accounts payable.

    Collateral

    Collateral requirements vary greatly. Some loan programs do not require collateral. Loans involving higher risk factors for default require substantial collateral. Strong business plans and financial statements can help you avoid putting up collateral. In any case, it is a good idea to prepare a collateral document that describes cost/value of personal or business property that will be used to secure a loan.

    Legal Documents

    Depending on a loan’s specific requirements, your lender may require you to submit one or more legal documents. Make sure you have the following items in order, if applicable:



    The U. S. Small Business Administration #free #loan #calculator


    #co op loans
    #

    Cooperative

    A cooperative is a business or organization owned by and operated for the benefit of those using its services. Profits and earnings generated by the cooperative are distributed among the members, also known as user-owners.

    Typically, an elected board of directors and officers run the cooperative while regular members have voting power to control the direction of the cooperative. Members can become part of the cooperative by purchasing shares, though the amount of shares they hold does not affect the weight of their vote.

    Cooperatives are common in the healthcare, retail, agriculture, art and restaurant industries.

    Forming a Cooperative

    Forming a cooperative is different from forming any other business entity. To start up, a group of potential members must agree on a common need and a strategy on how to meet that need. An organizing committee then conducts exploratory meetings, surveys, and cost and feasibility analyses before every member agrees with the business plan. Not all cooperatives are incorporated, though many choose to do so. If you decide to incorporate your cooperative. you must complete the following steps:

    • File Articles of Incorporation. The articles of incorporation legitimizes your cooperative and includes information like the name of the cooperative, business location, purpose, duration of existence, and names of the incorporators, and capital structure. Once the charter members (also known as the incorporators) file with your state business entity registration office and the articles are approved, you should create bylaws for your cooperative.
    • Create Bylaws. While the law does not require bylaws, they do need to comply with state law and are essential to the success of your cooperative. Bylaws list membership requirements, duties, responsibilities and other operational procedures that allow your cooperative to run smoothly. According to most state laws, the majority of your members must adopt articles of incorporation and bylaws. Consult an attorney to verify that your bylaws comply with state laws.
    • Create a Membership Application. To recruit members and legally verify that they are part of the cooperative, you must create and issue a membership application. Membership applications include names, signatures from the board of directors and member rights and benefits.
    • Conduct a Charter Member Meeting and Elect Directors. During this meeting, charter members discuss and amend the proposed bylaws. By the end of the meeting, all of the charter members should vote to adopt the bylaws. If the board of directors were not named in the articles of incorporation, you must designate them during the charter meeting.
    • Obtain Licenses and Permits. You must obtain relevant business licenses and permits. Regulations vary by industry, state and locality. Use our Licensing Permits tool to find a list of federal, state and local permits, licenses and registrations you’ll need to run a business.
    • Hiring Employees. If you are hiring employees, read more about federal and state regulations for employers .

    Each state will have slightly different laws that govern a cooperative. Consult an attorney, your Secretary of State or State Corporation Commissioner for more information regarding your state’s specific laws.

    Cooperative Taxes

    Most businesses need to register with the IRS, register with state and local revenue agencies, and obtain a tax ID number or permit. A cooperative operates as a corporation and receives a “pass-through” designation from the IRS. More specifically, cooperatives do not pay federal income taxes as a business entity.

    Instead, the cooperative’s members pay federal taxes when they file their personal income tax. Members pay federal and state income tax on the margins earned by the cooperative, though the amount of taxation varies slightly by state. Cooperatives must follow the rules and regulations of the IRS’s Subchapter T Cooperatives tax code to receive this type of tax treatment.

    To file taxes on income received from cooperatives, please refer to IRS instructions on how to file Form 1099-PATR. More information about taxable distributions received from cooperatives is available at IRS.gov. If you create a consumer cooperative for retail sales of goods or services that are generally for personal, living, or family, you will need to file Form 3491 Consumer Cooperative Exemption Application for exemption from Form 1099-PATR.

    Some cooperatives, like credit unions and rural utility cooperatives, are exempt from federal and state taxes due to the nature of their operations. Check with your state’s income tax agency for information about state taxes.

    Advantages of a Cooperative

    • Less Taxation. Similar to an LLC, cooperatives that are incorporated normally are not taxed on surplus earnings (or patronage dividends) refunded to members. Therefore, members of a cooperative are only taxed once on their income from the cooperative and not on both the individual and the cooperative level.
    • Funding Opportunities. Depending on the type of cooperative you own or participate in, there are a variety of government-sponsored grant programs to help you start. For example, the USDA Rural Development program offers grants to those establishing and operating new and existing rural development cooperatives.
    • Reduce Costs and Improve Products and Services. By leveraging their size, cooperatives can more easily obtain discounts on supplies and other materials and services. Suppliers are more likely to give better products and services because they are working with a customer of more substantial size. Consequently, the members of the cooperative can focus on improving products and services.
    • Perpetual Existence. A cooperative structure brings less disruption and more continuity to the business. Unlike other business structures, members in a cooperative can routinely join or leave the business without causing dissolution.
    • Democratic Organization. Democracy is a defining element of cooperatives. The democratic structure of a cooperative ensures that it serves its members’ needs. The amount of a member’s monetary investment in the cooperative does not affect the weight of each vote, so no member-owner can dominate the decision-making process. The “one member-one vote” philosophy particularly appeals to smaller investors because they have as much say in the organization as does a larger investor.

    Disadvantages of a Cooperative

    • Obtaining Capital through Investors. Cooperatives may suffer from slower cash flow since a member’s incentive to contribute depends on how much they use the cooperative’s services and products. While the “one member-one vote” philosophy is appealing to small investors, larger investors may choose to invest their money elsewhere because a larger share investment in the cooperative does not translate to greater decision-making power.
    • Lack of Membership and Participation. If members do not fully participate and perform their duties, whether it be voting or carrying out daily operations, then the business cannot operate at full capacity. If a lack of participation becomes an ongoing issue for a cooperative, it could risk losing members.


    The U. S. Small Business Administration #perkins #loans


    #apply for loan online
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    7(a) Loan Application Checklist

    Once you have decided to apply for a loan guaranteed by the SBA, you will need to collect the appropriate documents for your application. The SBA does not provide direct loans. The process starts with your local lender, working within SBA guidelines.

    Use the checklist below to ensure you have everything the lender will ask for to complete your application. Once your loan package is complete, your lender will submit it to the SBA.

    1. SBA Loan Application – To begin the process, you will need to complete an SBA loan application form. Access the most current form here: Borrower Information Form- SBA Form 1919
  • Personal Background and Financial Statement – To assess your eligibility, the SBA also requires you complete the following forms:
    • Statement of Personal History- SBA Form 912
    • Personal Financial Statement- SBA Form 413
    1. Business Financial Statements – To support your application and demonstrate your ability to repay the loan, prepare and include the following financial statements:
    • Profit and Loss (P L) Statement – This must be current within 90 days of your application. Also include supplementary schedules from the last three fiscal years.
    • Projected Financial Statements – Include a detailed, one-year projection of income and finances and attach a written explanation as to how you expect to achieve this projection.
    1. Ownership and Affiliations – Include a list of names and addresses of any subsidiaries and affiliates, including concerns in which you hold a controlling interest and other concerns that may be affiliated by stock ownership, franchise, proposed merger or otherwise with you.
    1. Business Certificate/License – Your original business license or certificate of doing business.   If your business is a corporation, stamp your corporate seal on the SBA loan application form.
    1. Loan Application History – Include records of any loans you may have applied for in the past.
    1. Income Tax Returns – Include signed personal and business federal income tax returns of your business’ principals for previous three years.
    1. Résumés – Include personal résumés for each principal.
    1. Business Overview and History – Provide a brief history of the business and its challenges. Include an explanation of why the SBA loan is needed and how it will help the business.
    1. Business Lease – Include a copy of your business lease, or note from your landlord, giving terms of proposed lease.
    1. If You are Purchasing an Existing Business – The following information is needed for purchasing an existing business:
    • Current balance sheet and P L statement of business to be purchased
    • Previous two years federal income tax returns of the business
    • Proposed Bill of Sale including Terms of Sale
    • Asking price with schedule of inventory, machinery and equipment, furniture and fixtures


    The U. S. Small Business Administration #ez #loan


    #how to get a small business loan
    #

    Business Loan Checklist

    The SBA is not your only source for small business loans. State and local economic development agencies as well as numerous nonprofit organizations provide low-interest loans to small business owners who may not qualify for traditional commercial loans. This page will help to ensure that you are prepared when you decide to apply for a small business loan.

    Documentation Needed for Small Business Loan Applications

    While every loan program has specific forms you need to fill out and documents you need to submit, you will likely need to submit much of the same information for different loan packages. Before you start applying for loans, you should get some basic documentation together. The following are typical items that will be required for any small business loan application:

    Personal Background. Either as part of the loan application or as a separate document, you will probably be asked to provide some personal background information, including previous addresses, names used, criminal record, educational background, etc.

    Resumes. Some lenders require evidence of management or business experience, particularly for loans that are intended to be used to start a new business.

    Business Plan. All loan programs require a sound business plan to be submitted with the loan application. The business plan should include a complete set of projected financial statements, including profit and loss, cash flow and a balance sheet.

    Personal Credit Report. Your lender will obtain your personal credit report as part of the application process. However, you should obtain a credit report from all three major consumer credit rating agencies before submitting a loan application to the lender. Inaccuracies and blemishes on your credit report can hurt your chances of getting a loan approved. It’s critical you try to clear these up before beginning the application process.

    Business Credit Report. If you are already in business, you should be prepared to submit a credit report for your business. As with the personal credit report, it is important to review your business’ credit report before beginning the application process.

    Income Tax Returns. Most loan programs require applicants to submit personal and business income tax returns for the previous 3 years.

    Financial Statements. Many loan programs require owners with more than a 20 percent stake in your business to submit signed personal financial statements. You may also be required to provide projected financial statements either as part of, or separate from, your business plan. It is a good idea to have these prepared and ready in case a program for which you are applying requires these documents to be submitted individually.

    Bank Statements. Many loan programs require one year of personal and business bank statements to be submitted as part of a loan package.

    Collateral. Collateral requirements vary greatly. Some loan programs do not require collateral. Loans involving higher risk factors for default require substantial collateral. Strong business plans and financial statements can help you avoid putting up collateral. In any case, it is a good idea to prepare a collateral document that describes cost/value of personal or business property that will be used to secure a loan.

    Legal Documents. Depending on a loan’s specific requirements, your lender may require you to submit one or more legal documents. Make sure you have the following items in order, if applicable:

    Business licenses and registrations required for you to conduct business

    Articles of Incorporation

    Questions Your Lender Will Ask You



    The U. S. Small Business Administration #long #term #loans #for #bad #credit


    #how to get a small business loan
    #

    6 Step Guide- How to Get a Business Loan

    By Natale Goriel Published: September 04, 2013

    Money is the lifeline of any business, so whether you’re starting a business or running an existing one, securing financing is a major factor, especially for small businesses.  Many budding entrepreneurs find the task daunting and don’t even know where to begin.

    Here’s a simple yet practical guide on how to go about preparing to apply for a small business loan.

    1.    What criteria do banks look for in making small business loans?

    Different banks or lending institutions may have different standards, but in general, in order to consider your application for a small business loan, banks will require:

    • The loan must be for a sound business purpose. For SBA-guaranteed loans. the business must be eligible based on size, use of loan proceeds and the nature of the business (no lending, speculating, passive investment, pyramid sales, gambling, etc.)
    • You and your partner(s) are of good character, have experience and good personal and/or business credit history
    • Ability to pay back the loan- reasonable to strong collateral (personal and business assets) is very important. SBA expects the loan to be fully secured, but we will not decline a request to guaranty a loan if the only unfavorable factor is insufficient collateral. And of course, owners must have personal equity investment in the business/skin in the game.

    2.    What information will you need?

    Different lenders may require more or fewer documents, but in general, you will need:

    • Personal and business credit history
    • Personal and business financial statements for existing and startup businesses and as well as a projected financial statements
    • Strong, detailed business plan (including personal information such as bios, education, etc.)
    • Cash flow projections for at least a year, and
    • Personal guaranties from all principal owners of the business

    3.    How can you set yourself up from the beginning to make the process easier? (i.e. accounting systems, etc.)

    Be prepared; be thorough; be truthful.

    • Choose your lending institution carefully. Larger banks tend to shy away from small loans as they are less profitable and take the same amount of underwriting and servicing. That doesn’t mean large banks do not make small loans; it is just more difficult.
    • Approach banks or lending institutions you have worked with or are a customer of
    • Explore community banks and Credit Unions
    • Talk to a lending officer and find out exactly what documentation they require
    • Be thorough, bring everything they ask. Many loan applications are denied or face unnecessary hurdles because of incomplete applications.

    Even before you start gathering and organizing the information required by lenders to consider your application, you should educate yourself regarding business loans so you can understand and discuss intelligently with the lending officers when the time comes.

    4.    What is the typical size of a small business loan?

    Small businesses come in many sizes, from a start-up of a one-person company to hundreds of employees, and their financial needs vary accordingly, so “typical” also varies. That said, in the banking industry the median small business loan is about $130,000- $140,000 with highest around $250,000. SBA small business loans range from about $5,000 (microloans) to $5 million (largest guaranteed) with the average loan around $371,000.

    5.    How can you get financing to start a business since many banks want to fund growth?

    Start-ups are probably the most difficult ventures when it comes to securing financing. Many start-up businesses seek financing from family, friends and credit cards.  If the credit is sound, the business plan strong and you have enough personal resources to invest and collateral to guarantee, smaller, community banks and  other community financial institutions and Credit Unions may consider lending you money.

    Your best bet by far is SBA assistance. Begin by visiting SBA’s website. where you will find a wealth of information not only on how to secure a small business loan but equally importantly, other services and training opportunities to help you succeed.

    6.    Are there associations that can help?

    SBA works closely with a large network of partners that leverage SBA resources and are just one phone call away and ready to provide extensive help.

    • SBA District/Branch Offices – at least one in every state
    • SCORE – (approximately 300 chapters nationwide)
    • SBDCs – Small Business Development Centers; (approximately 900 locations nationwide; associated with higher education institutions (colleges and universities)
    • WBCs – Women’s Business Centers (approximately 100 educational centers nationwide)


    Car Loans 4 U – Your Options #dental #loans


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    Car Loans 4 U Your Options

    If you are having bad credit, are unemployed or generally do not qualify for the typical bank loans for automobiles, then you are probably going to have a bad time. However, the good news is that this will happen only when you are ignorant of the different options available for car loans 4 U. There are a number of places where you will be able to get a great car loan without bothering about the extensive paperwork of the banks and the delay in getting your vehicle. Doesn’t that sound like a cool idea to get car loans 4 U. Certainly. Let us have a look at all the options that are available to you.

    Home Equity Loan

    This is one of the smartest ways in which you will be able to finance your car, regardless of your credit status. The interest rates of the home equity loan are quite less. You will be able to find a really great financing opportunity in this case. The best thing about these loans is that they are tax deductible under the mortgage interest. Therefore, you will not only getting a great financing opportunity, but also be a le to mitigate your expenses to the best possible extent. You don’t even have to think about the higher rates of interest of the bad credit car loan companies. Just go ahead and find the best way to get a home equity loan for yourself.

    Buy Here Pay Here Car Dealerships

    If you do not own a house or do not stand eligible for this kind of loan because of any reason, then you can get car loans 4 u from the Buy Here Pay Here car dealerships. They will be providing you an excellent opportunity to get an old car with the minimum hassles. Some of these dealerships will be providing sub-prime car loans 4 U. However, most of them believe in in-house financing. The rates of interest are really very high when it comes to such dealerships. However, it is all because of the risk involved. You just go and select a car, make a down payment and take the car home. You must always try to get in-housing car loans 4 U in order to get the best rates. In this case no third parties are involved and it helps in lowering down the interest rates. One more thing needs to be understood here. Instead of monthly bank transfers or checks, you will have to make weekly payments in cash. No other means of payment are accepted here.



    Car Loans 4 U – Apply online #cheap #car #loan


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    Car Loans 4 U

    Owning your own car is not just a status symbol but a necessity in today’s world particularly if you live in area with unreliable public transport. The big problem though is that most people don’t have several thousand pounds freely to hand to make this kind of investment, particularly with other costs such as insurance to go on top. For this reason a car loan for you might be the best solution to your needs. The easy option when getting a car loan is to take the finance deal offered by the car dealership. However, you will probably find that you will end up paying a higher rate of interest than what is offered by independent loan providers.

    Apply for you Car Loan Now

    You should start the process of applying for a loan in advance of agreeing the deal for the car you want to purchase. Complete a no obligation free car loan application online. If you are planning for a car loan these days with low interest rates it is really affordable. Now days the whole procedure of applying for your car loan does not take long and the whole process can be completed online. You have to enter all your details in a simple online application form and your application will be processed quickly and with the minimum of fuss. As soon as you application is approved, cash will be transferred to your bank account.

    Whatever type of car loan you get, make sure that you will be able to afford to make the monthly repayments on time. If you cannot afford the payments it’s far better to aim a little lower and get a cheaper car that you can afford. You don’t want to have to sell the car after only a short time so that you can afford to pay back what you owe!

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