AR Factoring breathes life back into Texas Based Freight Carrier

By Wade Henderson

Can you imagine working really hard to make ends meet and cutting costs everywhere to make yourself profitable and your get a registered letter in the mail from your bank demanding their Line of Credit to be paid off within 14 days?

Trucking Company in Texas USA; Bank recently called their Line of Credit due to tightening restrictions. As a result they had to pay off the bank their 1.0mm LOC within 2 weeks of being notified. An internet based Commercial Finance Broker set up the deal and not only paid off the bank within the time period required but also increased the availability of the Line of Credit up to $1.75mm using Accounts Receivable Factoring.

This has happened many times to many different companies in the United States and Canada over the last couple of years. As much as President Obama is working to make funding available to companies for their operations, banks still are contracting their risk threshold and are less willing to expose themselves to risk every day.

If your company has a need of liquidity, and not debt, do your self a favor and speak with a Professional Commercial Finance Broker as they will have the answers your bank will not, and odds are they will not even tell you about the other options that are out there.

Commercial Finance is extremely specialized. It is not like going into the nearest lender to you and asking for a generic flavor-of-the-day Commercial Loan and having it fit exactly what you need it to. Some lenders do Commercial Mortgages with a side of Equipment Lending while others will be really good at getting Equipment Deals done for Trucking companies, but also offer Equipment Financing on restaurant equipment, but are really lacking in regards to their termsThe Commercial Finance Broker will know about this and will be able to package your deal for the best lender for you.

Many Commercial Finance Brokers are current with the most recent changes and offerings on the market today ranging from Commercial Mortgages, Commercial Equipment Finance, Export Finance, Purchase Order Finance, Lines of Credit and Accounts Receivable Factoring. - 31384

About the Author:

Pro-BargainHunter.com Multiple Pre-Screened Vendors competing for your business Accounts Receivable Factoring Accounts Receivable Financing

Ever Dream Of The Big Sale?

By Wade Henderson

Ever dreamed of that bug sales? You know the one I am talking about, the one that would put your company on the map in your industry as a player. Be careful for what you wish for. Many companies have wished for that very thing until it actually happens. What would you do if you received that order and it was for more than you entire last 2 yeas of sales in one Purchase Order?

This exact thing happened to a Telecom Distribution Company in New York State, USA. They went from sales of the last 2 years of nearly $600,000 to an order of $650,000 in one shot. Their Line of Credit was for $200,000 so the owner of the company promptly went to the bank to get it increased so he could take the order. I am sure you already know what happened. He was denied the increase in credit.

The customer in this case had to have 30 day terms on the invoice. To make it worse, the suppliers needed to be paid before they would ship the goods. Big problem. If you look at a 10 day delivery time on top of the 30 day sale terms, he would have 40 long days that needs to be gapped. With the though of having to refuse the order in your mind, consider this. What if there were a way to finance this gap in funding that would not involve major financial statements, appraisals and other types of documents?

The owner of the company did speak with some Accounts Receivable Factoring Companies but they were not able to help out due to the time lag between the timing of the advance requirement and the delivery of the goods to the customer. They could not Factor the Accounts Receivable until the product was delivered, and they could not deliver the product until they received an advance to pay for the product.

Through the use of a Commercial Finance Broker, a facility for Purchase Order Finance and Accounts Receivable Factoring was created. The order was able to be accepted which opened the door for future order from this customer and others just like them. - 31384

About the Author:

Wade Henderson - very Professional - 15 yrs in the Business Finance Field - reputation for getting the deal done. IMMFinancial.com factoring association accounts receivable outsourcing

Angel Investors Are Not Always The Best Alternative.

By Wade Henderson

No one has to tell a business owner that getting access to much needed cash flow is a difficult task today. It matter not if you are in Canada or the United States, if you have gone to the bank to inquire about financing, there is a good chance you were turned away. For this reason many companies turned to Angel Investors for that all important cash injection.

Angel Investors look at deals differently than banks, or most other lenders for that matter. Their focus is to net between 5 and 10 times their initial investment in a period not to exceed 5 years. They do this by carefully plotting their exit strategy to recover their funds within the specific time period they define which can take the form of public offerings of stock, takeover or liquidating the assets of the company. What ever it takes.

Since the market over the last few years has been such a challenge, Angel Investors have now increased their requirements fro 10 to 50 times their initial investment because the time frame they need to have funds tied up for has increased to up to 10 years.

Because of this high return on investment, Angel Financing is very expensive, but the lesser costing funds such as banks and credit unions are rarely available for new business start-ups. This is because the traditional financiers have a high threshold for accepting young companies for Business Loans.

So you are declined at the bank and you can not afford Angel Investors now what?

Reality is it does not matter if you are in Canada or the United States you do have options. Here I will give you a real example of a business that found the best option. There is a company in Alberta Canada that was looking to expand throughout North America with their product. The owner of the company went to the usual channels to get Commercial Financing. After he was turned down by the banks he the spoke to some Angel Investors and received proposals. After considering what was at steak by accepting the proposals he decided to continue looking for options. This is when he and I met over the internet and I presented him with options he had never considered, nor heard of for that matter. Accounts Receivable Factoring and Purchase Order Finance.

The company had just shipped out one order which took nearly 70% of his inventory and he had another order going out the following week which would wipe out the rest. They he was planning to wait until he received payment from his customer before he could order more product from his suppliers. Next trouble was the he had other orders waiting to be filled.

Within a week of his initial application the company was funded and he now had the operational funds needed to operate his business smoothly.

The moral of the story is quite simply, even if you are turned down by your bank, and you are not interested in giving your company away, there may be options to be had. Do your homework and seek alternative Commercial Finance options. - 31384

About the Author:

Wade Henderson - recognized Professional - 15 yrs in the Business Finance Field - strong reputation for getting the deal done. IMMFinancial.com international loans commercial lending

The Homeowners Insurance Plan

By Rudolf Hansard

Once choosing on a favorable quantity of homeowner's insurance plan primary you have to decide the estimated substitute rate associated with your house. Therefore, you should select the insurance coverage quantity that matches your requirements best. You might wish to select a insurance coverage quantity which is similar to the predicted substitute price. You might desire to think about the advantages of getting plenty of insurance coverage rather than "just enough" experiencing as exactly how it's nearly not possible to guess the upcoming and in these types of changing moments what could have practically never occurred in the area before might be the phenomenon which occurs tomorrow.

The homeowner's insurance coverage plan will probably be your main insurance policy in relation to devastation made to your house. This insurance policy usually may give intended for destruction to your house because of windstorms, fire, explosions and hail and also theft and vandalism. Once your house gets unlivable because of destruction insured by your insurance policy your homeowner's insurance policy will even give the essential money intended for you plus your loved ones to stay somewhere else when your house is under build or even restoration.

It's your decision to find out with your own insurance plan company concerning what losses have no protection by your own homeowner's insurance cover. Many advises may well grant divided state-sponsored catastrophe resources, for example the windpool department in which protects destroy because of hurricanes, hail, tropical storms and wind. Because of the fact that this insurance plan might be presented by the state much homeowner's insurance coverage may perhaps terminate policy cover and send you to their windpool so that you can receive insurance coverage handle wind-related loss. For that reason, every time finding your dream house located in maximum-risk hurricane countries for instance Florida, South Carolina, Mississippi, Alabama, North Carolina and Texas you will require take into consideration paying for windstorm insurance plan.

Other problems that may typically seriously isn't protected with a large amount of homeowner's insurance quotes is the flood insurance plan. The flood insurance plan is commonly purchasable on the National Flood Insurance Department regularized by a Federal Emergency Management Agency. All of this protects damage generated caused by extreme waters or temporary floods. Hence principally as long as a temporary flood can cause water to penetrate your property the flood insurance plan as opposed to homeowners insurance plan is going to cover up your difficulties. At any time you really don't recognize if or not your private home is situated in any flood probability place you may perhaps the desire to discuss with your current insurance plan vendor and after that set your own insurance quote consequently.

Finally , the load of analyzing and renewal the homeowner insurance plan lies on the owner of a house. It's essential to ensure you accomplish this occasionally to make certain that you sustain sufficient protection. Remain conscience of many upgrades you're making to your house no matter whether you've got recently remodeled or even merely bought brand-new furnishings or gadgets. You should also stay aware of inflation and also increases in house price. A house which was bought for $30,000 in 1974 could be valued at $160,000 in 2004. It's also smart to think about the year your house was constructed and the price of construction materials in that time. In case your house was constructed in the 1970s does the constructing code of the latest millennium permit for similar building specifications? Do not become underpaid in the occasion of a loss simply because you underestimated the price of your house. - 31384

About the Author:

Looking to find the best deal on vacant home insurance, then visit www.myhomeinsuranceplan.com to find the best advice on esure home insurance for you.

Feed A Village with Vertical Greenhouse Structures

By Judy Stevens

Greenhouses. A wonderful and loved hobby for horticulturalists and avid gardeners but now, commercial greenhouses are staking a claim to the greenhouse enthusiasts. As our world becomes more sustainable, it only makes sense to build more greenhouses.

To explain, many universities naturally have their commercial greenhouses, for their agricultural studies. However, many elementary and pre-schools are also building greenhouses as this is a key factor in raising the generations to come. Not only are the children learning about growing and life, but they are also learning about our earth, importance of organic growing, eating habits and self worth.

As our land becomes more obsolete many have sought to build greenhouses with the use of hydroponics so the soil is preserved and the vegetation grows healthier by transporting the nutrients directly to the root of the plants.

Acreage can no longer go out so we must consider going up. With a large greenhouse structure, growing up, or "eco-building" is the idea of planting in large glass towers and keeping the glass greenhouse structures growing year round and in places that would normally be unavailable. This would create crop for countries in places where land is not available, either because of climate or because of space. It would also allow growing year round and quite possibly put a stop to much of the hunger crisis. Supplying healthy food through greenhouse structures or supplying crops that would help our oil crisis would be a complete sustainable process.

Organic fertilizing has been an issue we have struggled with over the years. We know chemicals placed on our plants is bad for you and we know that harmones injected into our livestock is also harmful. With organic living we can control the insects by allowing the good insects to kill off the bad and growing indoors allows this cleaner "greener" living. Our world has always had some faction carrying the mantra of "getting back to nature" but now is the time to take action and do this.

I think we can definitely make good use of what we are learning about the economy, about the earth, and about "green" living by simply following what we believe in. Building greenhouses are unquestionably here to stay. - 31384

About the Author:

If you want to Build YOUR Southern Greenhouse or go to http://www.SouthernGreenhouses.com.

Mortgage Life Insurance Pros And Cons

By Reginald Gregory

Will a family have trouble paying off their mortgage on their home if they lose the income of their primary earner? The mortgage protection offered by a mortgage life insurance policy does away with this threat because it guarantees to pay off the outstanding amount on your mortgage if you die. Sounds like a good idea doesn't it? However in this brief article I can explain to you why there might be better strategies that you can use to make sure that your loved ones have their financial needs taken care of in the event of your passing. If you still think you want a mortgage insurance policy I will also tell you the one place you don't want to buy it.

When it comes to protecting your family, more has to be better, right? Remember though, that your mortgage payment is only a small fraction of your monthly expenses. Another way to approach it is to look at how much total income they would have to replace to maintain their standard of living if you were gone, and then buying enough insurance to meet that need. The fact is that paying off the mortgage entirely might not even be the smartest thing to do financially- what if your family wanted to sell the house? At any rate, putting funds from an insurance payout towards other expenses might make more sense. Mortgage life insurance would remove some flexibility in this case. Paying the same premiums into a term life policy would restore that flexibility.

A so-called return of premium term life insurance policy is, for many people, an improvement over the purchase of mortgage life insurance. A term policy like this can be had for the same amount of time you have remaining on your mortgage. Something that not everyone knows is that people generally outlive their term insurance policy. With this type of insurance, with the return of premium rider, if you are alive at the end of term premium payments paid back to you. Also be aware that "mortgage term life", while similar to mortgage insurance and possibly more attractive to you because it is cheaper, is probably not what you want because you surviving the policy will mean that your mortgage is not paid off of course, and no benefit is paid either.

If mortgage insurance still seems like something you want, the financial institution that you don't want to buy from is the bank that provided your mortgage loan. Probably the biggest reason why this is the case is that you can be pretty sure that they will try to overcharge you because of the one-stop shopping convenience of it.

So again, level term life policies sold by insurance agents and brokers might require a little more effort on your part, but taking advantage of the the 'convenience' of mortgage life insurance is probably a bad move when you take a closer look. - 31384

About the Author:

To find out more about mortgage life insurance, visit Reginald Gregory's site on how to choose the best life insurance.

Reasons To Have International Car Insurance Plus Where To Get It

By Nick Butter

Some people enjoy traveling around the world and seeing other cultures different than our own. Some who travel a lot may even choose to stay in a certain country for an extended period of time to live there and truly experience the culture.

Unless these people have someone who will drive them wherever they want to go, they will need to rent or buy a vehicle and have international auto insurance.

Most Americans with auto insurance will find that they are not insured outside of the US, for this reason it is essential that one contact their insurer in order to verify whether their actual policy does or does not cover them abroad.

One company that offers international auto insurance is Geico. Geico started out as an insurance company that insured government employees including the people in the military. Since 1954 Geico has also insured people from America in over two hundred countries around the world.

They have done this through a subsidiary company called International Insurance Underwriters. What they do is find where someone is going to be living and then find a local insurance company that is licensed in that country.

Geico has been selling insurance to all Americans for some time now and has managed to make a fairly good name for itself in the industry plus they are generally very good on price.

Other international auto insurance companies available

Another insurance company that offers international auto insurance is AIG. AIG offers its international auto insurance through one of their subsidiaries called American International Underwriters. They specialize in finding the right kind of insurance in the country that people will be in.

They generally attempt to get the most protection available in the designated country. They also have plans for people who are now living in a country full-time. To learn more about this you should contact AIG to get all the details.

Both of these companies are heavily used by Americans in need of international auto insurance, nevertheless there are of course other smaller companies out there that may or may not do a good job.

While both of the international auto insurance companies are close in service and cost, people might just want to call each company to directly compare prices and services.

Getting your international auto insurance from a company with a long and proven track record is a real must, after all you have to be sure you really will be 100% covered before you start driving in a foreign country. - 31384

About the Author:

Once you've looked at American International Auto Insurance why not additionally take a look at our new article about Washington Auto Insurance Quotes.

Learning To Adequately Weigh Up Vehicle Insurance!

By Warren Cruder

Once upon a time when one wanted to research the different auto insurance companies in their area they would have had to spend ages driving around from one provider's office to the next, of course today we need only go online and we have access to all of the information we need at our fingertips.

To start with you should make a list of each of the different auto insurance companies available to you

Whether you are thinking of taking out an all-new policy or just renewing the one you currently have, this is a good idea as it will make sure you are not missing any particular company that may be able to offer you a better deal.

As you start to browse around at the different policies offered from the companies available to you in your area you will find that they generally vary from one another. Naturally some will suit your needs more than others.

It is thus important to learn as much as you can about the various auto insurance companies so that you can make an informed decision and get the best deal possible.

When considering the different auto insurance companies it would be wise to first consider the type of auto insurance coverage provided, and also looks at the cost of the insurance policy.

Because auto insurance is generally enforced upon us by law it is often somewhat treated like a chore, so people are unwinding to put any real effort into finding the best policy. Nevertheless if you want to not end up paying more than you should then you will need to perhaps change the way you look at it a little.

Check online company ratings. This is a great way to find out whether or not an auto insurance provider provides good or bad service. You will find several websites dedicated to providing you with these ratings.

One thing you need to look into closely is whether or not the policy you are looking at will cover you for medical and other bills relating to an injured passenger, regardless of who eventually is blamed for the accident.

This is just one thing that you need to look out for, this is why it is crucial that you carefully read line by line any policy you're considering as just one thing like this could leave you uncovered in an accident further down the road.

Remember that price alone should not be what you make your decision on, there's no point in getting the cheapest deal possible if it leaves you with not enough coverage for your situation further down the road. - 31384

About the Author:

Why not see our new articles about Cheap Auto Insurance In Michigan and Washington Auto Insurance Quotes.

How Has the Recession Impacted the Oil Industry?

By Jaron Miller

We have seen many economic changes over the course of the past year. Global recession and a need for conservation have been by-words. The price of oil has fluctuated dramatically and finally settled in the mid $70's per/barrel.

A Time for Change in Energy

Change the oil industry and all our problems will be solved was the battle cry across the nation and in government. We need new renewable, national energy alternatives to replace the high price of foreign oil.

Each call for change is a good thing. However, the call for change of drilling and pumping and processing crude all doesn't always take into account all the other products that are created from our use of petroleum. We need to understand that oil based products are entrenched in the core of our society. Products like: golf balls, make-up,deoderant, lipstick, DVD's, HDTV's, even toilet seats, and thousands of other products including artificial limbs.

Did you know that less than half of every barrel of crude oil is turned into gasoline? The rest is used to make over 6000 other products that we use everyday. The following is a small list of some of the most common uses for petroleum products: Small list of petroleum products. How many can you think of?

Impact of Oil Industry on our Society

There are many different ways the oil industry has been hit by the recession, and many of them one might not readily recognize. Did you know how many consumer products are actually manufactured from oil based products? Take tooth paste, soaps, lipstick, sports articles and many textile fabrics, just to mention a few. So if fewer sports articles are sold, the demand for production will diminish, which in turn affects how many people are employed both in production and retail. While a retail sales clerk at a sports store may not seem directly impacted by the recession in the oil industry, he in fact may just have lost his job because of it.

As in any recession, not any one facet can be seem independently from another. How, one might ask, can the loss of sales in the winter sport industry possibly have negative consequences for the oil industry? Think about it: Skis are made from oil based raw material. Fewer skis are purchased, because not as many people can afford their winter vacation. Not only are those at the manufacturing plant affected, but so are, once again, the sales clerk in the sport article industry; and really anybody to do with winter sports: the hotel concierge, the snow plow driver, the laundry service providing clean linen for hotel guests. Fewer customers all around equate to reduced purchasing power all the way around, coupled with unemployment mixes into an almost disastrous cocktail to deepen the recession.

How one product can make a difference

It is hard to believe that one product can be so firmly entrenched in the fabric of our economy. No matter how much there needs to be change - it will not happen overnight. Our dependence on oil based products runs too deep. So when we look at what needs to be down to create change, we must look at all the areas that will also need to change, and all the products that will have to be made with alternative solutions. Perhaps that fact alone will create the new job market that will be needed to make it a reality.

"Miller Oil Field Equipment and Repair" is doing their part in helping the oil field industry keep prices down so that more consumable goods can be produced. By keeping domestic oil rigs and oil field equipment running at peak performance, they help keep the cost of maintenance and repair down and help support American jobs. - 31384

About the Author:

Resources: If you would like to know more about the oil field industry, you can read more articles by Jaron Miller of Miller Oil Field Equipment and Repair. They have over 3000 products available to service you.

Want To Learn The Nuts And Bolts Regarding Auto Insurance?

By Nara Davis

Many people go about making auto insurance comparisons completely the wrong way. They lack a basic understanding of the different elements that make up the policies they are comparing and as a result they end up missing some of the very important differences that exist in each policy.

So first off let us discuss liability insurance in general

Pretty much every state of America requires liability insurance by law. Nevertheless the actual minimum coverage amount required does depend on which state you happen to be in. It is absolutely essential to properly understand what these limits will mean to you as a driver.

Generally this type of coverage will be broken down to look something like: $25,000/$50,000/$25,000. This breakdown stands for: bodily injury liability maximum per person in one accident/ bodily injury liability maximum per accident counting all people involved/ property damage liability maximum.

What this means is that should you find yourself in an accident that is your fault your insurance firm will only be willing to pay you up to the limits stated.

So if you are in an accident where you are found to be at fault and the overall costs go beyond the limits of your policy you will find yourself having to come up with the remaining funds on your own.

How do I protect myself from uninsured and underinsured drivers?

There's always the risk of finding yourself in an accident with someone who is underinsured or simply does not have insurance at all. This is why there is an option available to have extra protection especially for these situations. You will of course pay more for this and have to pay a premium for it.

The comprehensive and collegian coverage type

Also known as full coverage, comprehensive and collision insurance insures a person's car in the event they are at fault during an accident or other types of damage occur to their vehicle.

An understanding of this type of coverage is essential in order to make an effective auto insurance comparison, as it can impact pricing greatly.

$450/$450; this is what you need to look at for this kind of insurance. You see what this means is that the auto insurance company in question will insist that for any claim you must pay out the first $450 of the repair. Naturally they will then pay the rest until their maximum limits stated.

Rental Reimbursement and Roadside Assistance

Understanding optional coverage such as rental reimbursement and roadside assistance (or towing coverage) can make a large difference when making an auto insurance comparison.

For instance rental car reimbursement covers the policyholder up to a certain predefined amount for vehicle rental should the policyholders vehicle be in repairs etc.

Whereas the roadside assistance coverage option will open up a variety of emergency services to the policyholder, such as the towing away of their vehicle. Naturally this coverage will come with a host of limitations that will be stated in the policy.

A look at medical coverage

Each and every state across America varies on this. In a number of states you must have no fault medical coverage (covers you even in accidents that are your fault) but many others do not require this.

Other states do not have this provision so insured are able to carry a certain amount, depending on their state laws and needs. Understanding medical coverage is essential to make an auto insurance comparison as it can cause rates to vary greatly.

The bottom line is you must not do as so many do and just look for the cheapest price. You may end up paying more in a year sometimes for the insurance but overall it will end up being better in the long run when that unexpected accident comes up. - 31384

About the Author:

Proper Auto Insurance Comparison Quotes are essential. Why not use our Safe Auto Insurance Quote tool to get some quotes.

Are Credit Cards After A Bankruptcy Filing A Risky Choice?

By Jamey Smith

As much as we all would want to avoid having to file bankruptcy, sometimes for some people there really is no other option, when this occurs these people often start worrying about things like the obtaining of a good credit card after bankruptcy.

Credit card after bankruptcy however are indeed available but the catch is that normally you can expect to end up paying fairly high rates for the privilege and even additional annual fees.

One the reasons companies will offer a credit card after bankruptcy is the fact that a person cannot file for bankruptcy for at least seven years after the initial action has been discharged.

You see normally credit card debt is considered un-secure, but when the person in debt cannot file bankruptcy the credit card company has the option to use wage attachment to get back the money.

There are numerous dangers is obtaining a credit card after bankruptcy, beyond the usually higher interest rate, as charges for being late with a payment as well as annual fees can quickly put the person into a bad credit risk again.

It is not uncommon for people to take out these cards in an attempt to better their financial situation, this is despite the fact that it is not unusual for the total annual fees associated with the card to add up to much as the card holders very credit limit.

Things can go from bad to worse

Here is a little example for you: Say a person has a credit card after bankruptcy with initial fees of $290 with an initial credit limit of $300. If this person is even one day late with a payment he or she could be looking at a late fee of around $30!

In turn this would push-up the liability to $320 which would cause another $30 fee for being over the limit, this means that the credit card holder would now have a debt of $350!

To make matters even worse the interest rate on this card could quickly add up on the maximum that is allowed by law since the obligations on the credit card after bankruptcy were not met.

There really is no way out either, with the exception of paying the balance on the credit card. Quite a lot of companies demand that the payment be made within 30 days and if that does not happen you would face collection action.

Wage garnishment, court proceedings and daily phone calls are just some of the things you can expect from here on in and it could well be years before you manage to clear up all your debts.

So as you can see although it is possible, it comes with some possible hefty consequences! The bottom line is, it will depend on your situation and your ability to keep in check on your payments as to whether it would be for you or not. - 31384

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Was our Best Credit Card After Bankruptcy info useful? Take a look at our other How To File Bankruptcy info.