CEO's
of stressed businesses believe that by borrowing more money from
lenders they can potentially solve the company's financial problems.
More often than not, a shortage of capital is just the symptom and not
the underlying problem. It is important to investigate issues as soon as
possible to minimise the negative impacts through decline or to prevent
bankruptcy.
Monday, April 23, 2018
Monday, April 9, 2018
Project Funding Scammers
There are many people on the internet who say they can help fund projects, but can they? Here we list some ways you can protect yourself against these fraudsters.
When you apply for any type of loan, it can be hard to tell if the business offering project funding is a scam. It is important to work with lenders who have a history of funding projects. Whilst some funding coporations may not list whom their clients are for confidentiality reasons, there are ways you can check to see if they can be trusted with your money.
Know The Finance Industry
When you apply for any type of loan, it can be hard to tell if the business offering project funding is a scam. It is important to work with lenders who have a history of funding projects. Whilst some funding coporations may not list whom their clients are for confidentiality reasons, there are ways you can check to see if they can be trusted with your money.
Secrets To Get Your Project Funded
When a project owner applies for funding, it may come as a surprise that the process may not be as simple as going to a bank to apply for a loan.
Most often than not, you need to submit:
Most often than not, you need to submit:
- An executive summary
- Business plan
- Financials
- Permits/licenses/Compliance
- Patents
- Agreements/PPA's
Monday, March 26, 2018
Project Finance - Alternative Finance
When someone wants to purchase a franchise business they are usually required to put some capital into the purchase or as we call it, have some "skin in the game" The business would need to apply for any licenses and permits either from the current owner or apply for them yourself to the local council. There are also franchise businesses which would require a person to buy/lease the right to represent the brand/franchise company. The entrepreneur would also need to factor in the running costs such as business equipments, buildings and wages for workers.
Wednesday, March 21, 2018
Funding A Project Or Business - SBLC - BG
History of Bank Instruments
Bank Guarantees are
traditionally used in trade finance, however some financial
institutions raise funds via bank instruments to facilitate project
finance. After WWII Governments, investment banks and other large
institutions used bank instruments to generate revenue to fund
projects that would help rebuild cities and it's infrastructure.
On
the main, bank instruments aim to provide assurance that payment can
be made should there be a default therefore if a client has funds in
a bank, the bank will guarantee money is in the account to cover
costs.. There are two types of "letter of credit. One which a
commitment on the supplier side (DLC) and one on the
buyer/beneficiary side (SBLC).
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