To Factor or Not to Factor?Written by Marty Milan
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do not normally charge interest, they simply buy businesses invoices at a discount and collect a fee. Do not confuse purchasing of invoices as a loan. Many small to mid-size companies that apply for a bank loan are usually turned down. Banks consider amount of assets that a business has in order to secure loan; Therefore, banks normally require a great deal of collateral from a business before they are approved for a loan. If and when a loan is approved, it may only be a small percentage of businesses total accounts receivable.Factors are different, they are not subject to same guidelines and regulations that banks are. Factors look at credit worthiness of business’s customers, not credit of business itself. The purchasing of accounts receivable never creates a debt to business it simply gives them opportunity to access their future money immediately. You have permission to publish this article in its entirety; However, byline (resource box) must be left intact.
Marty Milan works with businesses to help them learn how they can access their future money now. Aside from factoring, you can read on various topics such as Lawsuit Funding, Structured Settlements, Selling Your Notes and more at: www.cashflowaccess.com
| | Why the Rich Keep Getting RicherWritten by Aaron Kater
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Lastly, after creating time to get rich, and educating oneself, one simply MUST buy assets that will create money for one, and not liabilities and toys such as a new car every other year, and boats. These come only after one can prove that he is capable of handling and keeping money. Simply put, according to multi-millionaire Robert Kiyosaki: “Assets will feed you, and liabilities will eat you.” An example of an asset is a rent-house, or stocks and bonds in a certain company. Only, that is, if company is good and stocks are ultimately going up in value. In conclusion, we see that three most important ways rich keep getting richer are: having or making time, subject education, and buying assets. These are key factors influencing wealth. I personally plan on educating myself in real estate, as it seems simplest and safest way of getting rich.****Note: If you’d like to use this article, feel free to do so, but please remember to include this message, and my resource box in every copy. Thank you!
Aaron Kater has been writing articles for quite a while, and has his own weekly newsletter, Katerzine! If you’d like to subscribe, please visit his website at www.aaronkater.4t.com, or send him an email at aaron_kater@yahoo.com
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