Obtaining a small business loan can be a critical step to growing your small business. Unfortunately for many small business owners, the business loan process can end up being a roadblock to success.
According to a 2015 small business credit survey by the Federal Reserve, only 50% of financing applicants were approved for the full amount for which they applied. This means that half of small business owners didn’t receive the funding they needed to grow or maintain their business.
Crowdfunding platforms are increasingly becoming competition for established fund companies. Blockchain technology is proving to be the driver here.
Buying a home is a big step. In addition to deciding where you’ll live, how much you can afford and how long you might stay in the home, you also have to decide which kind of mortgage loan you’ll take out. The three most common types of U.S. mortgage loans — FHA (Federal Housing Authority), VA (Department of Veterans Affairs) and conventional — all offer different incentives.
Austria is in a state of emergency. The Covid-19, a new type of virus from China, is spreading and threatens our health. Countless measures have already been taken in the fight against the virus. What you can do in your business to protect yourself and your employees from the corona virus, what your responsibilities are as an employer, and what financial assistance is available to affected businesses, this article tells you.
In addition to the purely idealistic advantage of being able to live in one's own four walls, however, hard economic facts must also be taken into account to determine whether owning instead of renting really pays off. Because having to pay interest over a long period of time, to constantly build up investment reserves and to make ongoing investments in order to avoid a maintenance backlog, are costs that also add up quite a bit over the years for real estate ownership.
Thus many ask themselves again and again the justified question when actually the break even point is reached, at which interest payments with the real estate acquisition, set in relation to rent payments, which develop with the rent of a dwelling or a house, then exactly count themselves?
The high waves triggered by the Schufa study on the "dubious Schufa-free offers" for personal loans has resulted in an echo. The credit intermediary Creditolo sees significant shortcomings in the audit methodology, which led to little meaningful results. Only a very small number of test subjects would have qualified to receive a loan in the first place.
23 migrants will be financially supported in 2017/18 by the Borealis-MORE entry scholarship to start their studies. An important step, because students in basic care are largely excluded from financial aid. Persons entitled to asylum are in principle eligible for a scholarship, but at the beginning the relevant criteria are often not yet met.
"This is where our scholarship comes in and helps committed asylum seekers get started. It fills gaps where government support is not enough. After all, education is one of the key factors in our efforts to become part of our society and provide a future for our new fellow citizens," explains Dorothea Wiplinger, Sustainability Manager at Borealis. The funds for this subsidy come from the Borealis Social Fund.
18.01.2020: in exactly 2 weeks, the UK will no longer be a member of the EU. This opens up new possibilities when it comes to real estate financing in Germany for anyone living in the UK. Reason: the sog. The right of conversion is eliminated, which significantly increases the number of financing banks. If only there were not this transition period.
Photo (original): Shutterstock/PhotoIdee
Congress has passed a third round of stimulus that goes into effect the week of January 11th. This includes $284 billion in relief funds for small businesses to be made available through the Paycheck Protection Program (PPP) and a slew of updates for the Economic Injury Disaster Loan (EIDL) program that will go into effect on January 15, 2021. Click here to learn where you can apply for the new PPP funds and here for up-to-date information on the EIDL changes.
Now it’s good to remember that the application and allocation process for the original PPP program was anything but smooth. The funds made available through the CARES Act were exhausted in just under 2-weeks, and even with a more careful rollout, it’s likely that this next round will go just as fast.
Accounting contains various areas – © Friedberg / stock.adobe.com[/caption] Accounting is an important part of the company organization. It analyzes and documents all business transactions of a company within a fiscal year for internal and external purposes. Thus, accounting forms the basis for the annual financial statements and can be used for accountability purposes for their accuracy.