In many areas of everyday living, gold performs vital functions. Gold is actually a quality, high tech metal and very well demanded by the industry. Therefore, investors are content with the decision to pursue the best investment opportunity.Even as gold is no longer the backbone for the brick and mortar international financial system, most banks still find it to be an important asset. More importantly, gold is the only reserved asset that is not held liable due to its face value. Meaning it is not held responsible or accountable for the trend of economic policies or disturbed inflation. It continues to retain value over many centuries.As it appears, the current level of demand for gold outweighs the gold supply for the gold miner to produce. Throughout history, due to its beauty, warmth and spiritual connotation, it is now the most admired metal. The gold miner continues to produce gold at massive levels. The exported revenue is vital as it brings royalty and investment opportunity for low economic countries.Gold can be repudiated and held as a safeguard against potential crisis because it is not any individual’s liability. More so, the gold bullion does not vulnerable to the political issue compare to major asset classes such as United States government bonds, or Treasury bills. Gold as a valuable investment is also excluded from the disadvantages of the economical and/or monetary polices of any government. Significantly, gold has developed into a revolutionary digital or electronic currency, or what we normally heard of as e-currency all over the world.If you are keen to invest in gold, then the problem of purchasing, holding or keeping the physical gold can be your major drawback as it will cause you too much hassle, not only for you but also everybody else. Alternatively, you can purchase digital gold via online and keep it in the reliable and trustworthy internet payment processor system. This way, no storage space is needed and no worry.
Business Loans In Canada: Financing Solutions Via Alternative Finance & Traditional Funding
Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow solutions for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.
Since the 2008 financial crisis there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance solutions, as well of course as the traditional financing offered by Canadian chartered banks.
Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.
Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )
How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:
Debt / Loans
Asset Based Financing
Alternative Hybrid type solutions
Many top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The alternative lender is typically a private commercial finance company with a niche in one of the various asset finance areas
If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).
Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.
The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.
Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.
We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.
Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.
If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.
Why The Net Is Your Best Bet for Business News
If you need to stay up to date with all the latest happenings and occurrences in the world of business, there’s no better way that to log onto the internet. The World Wide Web is indeed a goldmine for general company news, stock market trends and even emerging sector overviews. Put simply, to stay ahead of the game, get online.The great thing about the net is that there’s so much choice. Literally millions of different websites exist, and that means you can get the lo-down on pretty much any story, no matter how recent or far-fetched. Whether you want to know about a new CEO, an orange crop report or even the newest location of your favourite burger franchise, 5 minutes in cyberspace is all you need.Obviously the major news networks will have a greater scope to cover stories, but having said that you should never discount smaller or more niche oriented websites as they often have their ears closer to the ground. If someone makes it their business to know about a particular area, there’s a greater chance of finding more detail than at a larger authority site which is more concerned with the general facts. The best option however is to read a mixture, as that way you’ll never be left in the dark.Whatever type of industry you’re in, and whatever your job description might be, there’s no doubt that knowledge is power. From finance to marketing, law to politics, the more you know, the better off you’ll be. You might be the chairman of the board, or simply holding down the fort in an entry level position, but taking the time to read up on a variety of topics, related to your company or otherwise, is the key to success.Technology is definitely a wonderful thing, and these days you can receive all sorts of updates on your computer or smart phone from web based sources. Apps, emails, widgets and even real time tickers mean you’ll never miss a beat, and that’s a far cry from a few years ago when reading newspapers was the norm. Business itself has changed because of the web, and the exact opposite is true as well. It’s a perfect marriage that benefits regular individuals massively.Quite plainly then, the information highway is a real goldmine when it comes to staying up to date with pretty much anything these days. Having all the facts in one easily accessible place means you’ll be incredibly well informed and always able to make the right decisions. Log on and start surfing today- it’ll be the best thing you ever do from a career perspective!