What is a Merchant Cash Advance
A merchant cash advance is a special type of loan that relies on the information on your credit card. They use the credit card expenditure information to detect the needs of your business, then give you a loan that suits your needs. It is different from the other conventional loans that you are used to. If you wish to understand what is a merchant cash advance or mca, keep on reading as we discuss it below.
To start with, although it is a loan directed at your business, it does not work like the rest. This one does not dictate what you should do with the money, and they will not give you an interest rate based on the market rates. Instead of that, everyone gets what they require. You will find out that the amount you qualify for is not the amount that other people qualify for because you do not have the same credit card information. These loans are becoming quite popular, especially because they are issued online
The merchant cash advance loans rely on technology to detect information from a user’s credit card. This means that your card istracked with every transaction that you get. This information is then used to compute the amount of cash that your business needs, the repayment period, and how much interest rates you need. There is no need to worry about things such as proof of your documents because once they have the credit card info, they have everything that you need. It makes it quite easy and simple to apply for the loans because of the technology factor.
Loans are customized
One of the reasons why these loans have been popular in recent times is because of the way they are tailored based on the needs of every business. You will notice that they understand when your business is doing fine, and when it is struggling. Imagine, finding a lender who adjusts your loans based on how you are performing. The biggest advantage of this is during the repayment period. Never worry when you are struggling yet you have a load to repay because the rates will be adjusted accordingly, and you will not feel the pinch of paying a loan much.
Ideal for any business
This is the only loan that takes care of all business. Whether you are a big established business looking for funds, or a small one that has just started, the loan has got you covered. To make things even better, your finances are kept different from those of your business. Therefore, when the business is affected, the loan will only be adjusted based on that regardless of whether you have more money personally. If you loathe the way traditional high street lenders discriminate against businesses based on the size as well as many other things, this is the solution that you need.
As you can see, a merchant cash advance could be what you have been missing when you want to improve your business. Try it and enjoy the new freedom that modern businesses need.…
Ever since 2011, bitcoin has been growing in both popularity and acceptance. More and more people all over the world want to share in this latest hype. As more and more people join the bitcoin market, the demand for the currency goes up and when this happens, its value hikes in leaps. For instance, when bitcoin was first launched, its value was less than 0.1$. Today, about six years later, the value is higher than 16,000 $. This value keeps on rising as the demand grows.This article is a good read on Bitcoin mining in Singapore.
Apart from that, bitcoin is a decentralized cryptocurrency. What this means is that it is unregulated by any government. It is not tied to any country which means that it is freely transferable. The fact that it is unregulated leaves it at the mercy of the laws of demand and supply. This makes it very hard for one to predict how it might behave in future which makes it a very unstable asset in the trade. Most investors shy away from it as it is possible to lose their wealth when it is devalued.
Based on the possibly great returns that one may get from Bitcoin trading, the one thing that most people may want to know is how to get the Bitcoins and in pretty. The good news is that it is possible, the bad news that it is not that easy.
There are majorly two ways to which one may be able to get Bitcoins:
· Normal Purchase
Just like with the normal currencies, one may purchase Bitcoins using the local currency. The process is just like any other foreign exchange transaction. In Singapore, there are readily established bitcoin exchanges for purely exchanging normal currency for Bitcoins. The bitcoin exchange works to bring both buyers and sellers together. The major bitcoin exchanges that are there in Singapore are itBit, CoinHako and FYB-SG.
Other ways through which one may purchase Bitcoins include the use of brokers who act more or less like Bitcoin Exchanges. One may also use an ATM to deposit or withdraw Bitcoins.
· Mining Bitcoins
This is the other method of getting Bitcoins. Mining involves solving complex mathematical problems after which you are rewarded with Bitcoins. One complex block of a puzzle has 12.5 Bitcoins. To solve the puzzles, one needs to have a mining hardware that is available in stores and even online for instance Amazon.
One also needs to download a special type of mining software to enable the hardware to receive commands from your computer.
Since the whole concept of Bitcoins is virtual, you also need to have a virtual wallet where you can store your Bitcoins. In Singapore, there are several sites on which you can open a virtual wallet. The major sites which provide wallet services include; Coinbase and Blockchain.info which are international. The local ones are CoinHako and Luno. These wallets usually provide you with a unique address that identifies you alone. It is recommended to have the wallet in a PC that is not connected to the internet for security purposes. Bitcoins may also be used to shop in some physical and online stores.…
When you need to find ways of saving money and affording your precious life goals such as going for a vacation, you must get in touch with your inner self. You must get grips with your financial management capabilities and improve them. Achieving goals only become a reality when your lifestyle matches an environment that surrounds you and takes advantage of it. According to 1 Hour Loans USA, a leading portal for 1 hour payday loans lenders, managing your money must be a habit that lets you profit from opportunities around you while safeguarding you against pitfalls. In this regard, there are common money management mistakes to avoid that you need to know.
Thinking you do not have money to save
Avoid being part of the crowd living in scarcity. Making it in life and getting a comfortable life later requires an abundant mindset. You must tell yourself that you are capable of becoming wealthy. You need to redefine your conception of wealth and consider it as a position where you can live comfortably on your means with no worries. After that, you must start saving the little you have. The failure to save money is a direct threat to your financial future. People can save money at all income levels. Your savings will give you much more in return than you anticipate. Savings give you an emotional buffer against the stress of being broke. That way, they help you stay healthy. Savings also give you an ego boost allowing you to live comfortably with what you already have, as you grow your bank. Savings also help you take care of small emergencies so that you do not succumb to the biggest financial threat, which is relying on high-interest loans just to survive.
Living paycheck to paycheck
You must differentiate your savings from your regular expenditure money. The next step should be to stretch your income to last the month. Savings is expenditure that comes immediately you earn some money. It is money you keen aside never to touch unless some things happen. On the other hand, the money you stay with as your remaining disposable income has to serve you until month end. A desired behavior of the financially responsible people is to plan up to a few days in the next paycheck period. That way, they will still have some money to spend in case their paycheck delays. Find out more from the internet on ways to abandon the rat race. Living hand to mouth assures you of no progress a year down the line. Meanwhile, pre-planned considerations and stretching the dollar using minimalism or frugality principles gives you peace of mind, make you happier, and transforms your income into a wealth creation opportunities. It also helps you tackle mountains of debt.
Being expenditure blind
An expenditure blind person does not know where the money goes. Thus, he or she does not know the financial future and the risks it presents. The cure to the lean purse as ancient merchants used to say is to understand the flow of money in and out of the purse. When you know where you are spending money, you empower yourself to tame the expenditure. For instance, when you know that a given amount goes to rent, you can make decisions about your rent to help cut your expenses. The same goes for car payments, office accessories, clothing, grooming, and eating out expenditures. Track your spending and enjoy the benefits of making informed money handling decisions.…
Cash cards have become very commonly used by most people because of the various advantages that they have. The cash cards will enable you to shop anywhere and at any time. Similarly, cash cards can be topped up with cash at any time because you can do it from a PayPoint, from your phone, transfer from your bank or visit a post office. To get more information about cash cards and how you can get one then you can check on umayplus.com/CashCard.However getting a cash card for your errands can be tricky and difficult. But worry less because in this article we give you guidelines to assist you in obtaining the best cash card.
Evaluation of spending habits
Evaluating your spending habits will be very essential when you consider getting a cash card. You should check the amount of money you spend on a higher side before setting a limit on your card. On the other hand, you will need to determine the purpose of the card. You can identify where your shopping is usually based. For instance, you decide whether or not you will be shopping for gas, groceries or clothes. With this, you will understand the type of card that will suit you.
Consider online top up
Doing your top up of the card online will be not only convenient but also time-saving. Therefore before you decide to choose a particular cash card, you should determine whether the card can be loaded online. This is crucial because some cash cards are not reloaded online.
Check the rates
This is also another crucial factor that you should look into when you are looking to choose a cash card. You will be able to get good savings when you choose the best card that has the best rates. This is because different companies offer different rates according to the purchases that you make. Therefore you should always go for cash cards that have higher interest rates.
Determine you spend
Before you decide to select a particular cash card, you should be able to determine the money that you mostly spend on an average basis. This is important because the kind of card you will choose is the one that will determine your purchases. Different cash cards have different offers where you are expected to choose the best offer that will suit your needs. It is therefore crucial that you determine the amount of money you usually use and you will get a card that is in line with your spend.…
If you are assigned the responsibilities of a chief financial officer, it is important to know what you are supposed to do in that office. This is a senior position that determines the success of any organization, and therefore, it requires someone who is knowledgeable, dedicated, and professional. You will be required to liaise with other chief officers to come up with policies and strategies that help the organization to move to another level. Before getting to this position, you must have gone through several years of training and working as a junior officer. Therefore, you already have an idea of what is expected from you. The following are the top responsibilities of a chief financial officer, also known as CFO.
Obligations of a chief financial officer
Keeping financial records
This is the top responsibility of a financial officer. You have to ensure that all the financial records are well kept. This is because you never know when you will need them. It could be that the auditors have come in unannounced and so, they want to see some records pertaining various transactions. If you cannot produce them, you can be sure that you will be in deep trouble. These could be records regarding taxes, purchases, salaries, and every other thing that involves money. The best officers often come up with both digital and manual systems that help them to preserve all the records relating to transactions that have happened under their watch.
Forecasting financial data
Another one of the top responsibilities of a chief financial officer is to use the financial data to forecast the progress of the company. When in this position, you are the one to advise the organization on the possible happenings. You are the one that can assist in projecting the growth of your company and therefore, you should be in a position to analyze this data. You do not just record financial transactions and keep the records. Instead of that, you should study them so that you can see the trends that are likely to unfold shortly. By doing this, you will help to cushion the organization against losses and other risks.
Compliance with financial regulations
A financial officer needs to understand the laws that regulate various financial transactions. You should be aware of the deadlines when you are supposed to file your tax returns. This is because failure to do will lead to a lot of penalties that can harm your business. Although the company may have a lawyer, you should work closely with them so that you help them to know what to do. You will notice that some of the big companies regularly take their financial officers through regular seminars and training so that they can update their information regarding the new financial regulations in the country.
There are many other functions that financial officers perform. When talking about the top responsibilities of a financial office, what you should be thinking about is ensuring that the company manages its money better and that it is cushioned against every financial risk that threatens its survival.…
Contrary to many people’s comments on the topic of business financing, ideas are money, and your business starts the moment you hatch an idea. Here are several ways to finance your business ideas. Remember, to be careful on how you spend the money you get to finance your ideas. Your first order of business is to find money to fund your idea. Now that the point is clear, kindly proceed with the rest of the article.
Financing your business ideas
Your number one source of funds is credit card, but it should also be your last choice. Credit cards give you money to spend as you wish. You can tap into some of that credit for financing your idea. You could buy inventory, equipment, or market exposure with the credit card funds. The funds could be the necessary step you need to launch the business.
The bank overdraft is similar to a credit card, yet it is only available to people who hold current or business accounts and have a good reputation with their bank. If you are among the lucky people, then feel free to use the bank overdraft to finance your business. This option is good for people who are already working on another job, and they only need a small financial bump that will get their side gig going.
The 401k option
If you are unlucky with an overdraft or a credit card, then you could tap into your 401(k) to keep things afloat. Simply put, you are borrowing from your future. It is not a wise idea from a strict personal finance position. Nevertheless, think about the opportunity to earn money from your ideas, and you will realize that borrowing from your 401(k) could be a cool move from an entrepreneur’s perspective.
Are you a good negotiator and a crafty salesperson? Alternatively, can you get access to a good copywriter? If you answer yes to any of the questions, then you are in luck. Go for the crowdfunding option. You will get financing for your ideas after you convince enough people that the idea is viable and worth a try. Crowdfunding is a new concept that is taking root in the business-financing world, and it works. Do not hesitate to try it even when other options are available to you.
When all else does not work, there is an option of collaborating with other people. When you are alone in a business venture, you own 100% of the business equity. You could sell some of that equity to other people so that they become part of your business. You will need a non-disclosure agreement upfront when you go shopping for equity investors for your idea. You do not want them to elope with the idea and implement it elsewhere. Once you protect yourself, feel free to share with them. Equity investors could be your family and friends, another business, or strangers that you meet at a conference.
Ways of financing business ideas are many. The ones included in this article apply to individuals who need quick money and whose demand is not very high. They might also work for another type of business, but that will only happen when there are modifications to the original idea or the financing options. In most cases, you are free to use more than one method concurrently.…
Erewash Valley CAMRA
Welcome to the web-site of Erewash Valley CAMRA. Inaugurated in March 2000, having lived in the shadow of Nottingham CAMRA as a sub-branch for many years, we are going from strength to strength. Branch membership is up to 190, our first Beer Festival in November 2000 was a great success and we regularly get 10% of the branch turning up to our monthly meetings – things are going well.
But that doesn’t mean that we should be complacent. Our regional breweries are still under threat of closure – Mansfield has seen better days, and the Lord only knows what’s going to finally happen to Bass. Non-brewing pub-chains are expanding, and cheap discount-beer pubs are springing up all over the place. CAMRA still needs active members, they still need help with campaigning and they still need you.
A Bit About Us
Time for a bit of a confession… we are not primarily a campaigning branch of CAMRA. Shocking, I know, but we’re nestled between the two huge branches of Nottingham and Derby – we came into existence through neither Derby nor Nottingham being bothered to cover the areas that we do, and grew as a social branch. We go out a lot, meet a lot, socialise a lot and try to cover a lot of pubs in several different towns.
Of course, we support CAMRA as much as any other branch, but our time and effort seems better spent just getting CAMRA noticed – we meet in different pubs each month, have a Beer Festival with a local council each year and do a quarterly newsletter to lots of local pubs. We get seen to be active by our entire area and that, as far as we are concerned, is more important. It does have the side effect that we have to go out a lot, but that’s just a cross that we have to bear!
Contacting the Branch
There are many ways to contact the branch. Here is a fairly-definitive list:
Come to one of our many branch meetings – check the Social link for more details
Send an email to any of the committee – check the Committee link for more details
Give the Chairman, John Parkes, a ring on (0115) 849-1354
Send a fax to the Editor, Andrew Kane, on (0115) 877-8097
Send a general email to the branch…