The following article about BUSINESS FINANCING shows you how to begin a financing business. It is a long article, so it stretches onto 3 pages. However, the other pages associated with it help you find some financing services to get fund from one of them for your business project, or other things you need.
The things you need among other things that interest you, could include buying an auto, some equipments, or even buying your dream home. The most important part of it, is that you could get the complete information needed to improve your financial life by taking care of other small businesses you could work at home.
So, from this angle, the articles included on the page are comprehensive and they provide every information you need about business financing.
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If you have been wanting to get into something that does not require all of your time, yet could give you an income of $100,000 per year or more, a Business Financing Service is definitely something you should consider.
This is the kind of business (e.g. home based business, narrow niches, local business) that requires no special education or even a storefront office; won't take much of your time, yet offers more prestige, power and fast earning potential than just about any business opportunity available to the ordinary working person.
The average net profit of people in this kind of business is $75,000 per year, before taxes. Most began on a part-time basis, operating out of their homes.
Within a short period of time, varying with expenditure of time and effort, most have luxurious professional office suites with many clients from all over the country calling and asking for help through many ways including your own leads generating system..
Perhaps best of all, this is a business you can operate with nothing more than a part-time secretary/bookkeeper, a telephone, and business cards.
There are many facets of this kind of business, which involve bringing lenders and borrowers together for venture capital, operating capital, expansion capital, and of course, mortgages of all kinds.
Concerning mortgages, look at it from this point of view:
Almost every building in the country - homes, office buildings, factories, apartments - has a mortgage on it, and somebody is making some really big commissions bringing together the people wanting the money and the people wanting to lend the money.
A business financing or money brokerage is the ideal sideline business for real estate brokers, sales persons involved in business sales, investment brokers, attorneys, accountants, and retirees from almost any occupation. This is definitely one of the truly recession-proof businesses that actually seems to flourish in times of tight money.
BUSINESS FINANCING as Your Potential Market
Each year, more than 10 million business loan applications are filed with the banks in the country. It is not uncommon for these banks to be working on more than 250,000 business loans each week, in amounts ranging from $25,000 to well over a million dollars.
About 65 percent of the loan actually granted by the banks are short-term commercial loans; only about 25 percent are for longer terms, with fewer than ten percent granted for construction projects.
It should then be obvious that the banks in this country are neither speedy nor generous in giving loans to the beginning or small business entrepreneur.
Such business people usually ask for loans of longer duration than the banks are willing to grant. It is easy to see that in a beginning business, smaller installment payments will reduce pressure on the borrower, and allow him to put more of the profits back into the business.
In most cases, these small home business owners need much more than the banks are willing to allow without all kinds of guaranteed collateral.
that, of course, is the reason why people needing money for their
business success turn to business financing consultants, which provides
you the opportunity for success in this field. It is easy to achieve success, as you see through the success stories here.
You'll find that beginners or small business persons are always on the lookout for professional business financing services. They always seem to need more money than they have available, and they never seem to get quite the help or satisfaction they seek from the banks.
The pressing need for more capital is not something that plagues only the beginning or new business. It is an ongoing need in almost every growing business also.
In fact, the need for a continuing input of new money is a necessary part of the growth cycle of every business.
Generally, the "little guy" just does not have the extra cash from last year; he does not have the money it takes to set up a stock market program; and he does not have the time to devote to (or he does not want to attempt to "sell" his friends) an investment program in his business.
small business people will talk with their accountants, lawyers or
stockbrokers and ask them to help in finding people with money to
invest. Some people get that money to invest in some businesses, such as auto tune up shops, bartering and even baskets of gifts.
Most accountants, lawyers and stockbrokers are in touch with clients who have money they are willing to invest in growing businesses, or people with "sure-fire" money-making ideas.
Whether these professional people do or do not have special clients with money to invest in special "deals" is of no consequence. The important thing is that someone is always asking these people if they know of a source of money, or if they know of someone who can locate an investor for them.
With this in mind, and once you are set up in business, it will behove you to contact these people - the accountants, lawyers, and stockbrokers in your area - to get to know as many of them as you can, and to leave your business card, so they will be aware of your services.
The Services You'll Provide Through Your Business Financing
Generally, the money broker or person operating a business financing service will work with his or her clients in putting the loan application package together in such a way that it will receive favourable consideration by the lender.
You'll have the names, addresses and telephone numbers of lenders from all over the world, people and firms interested in investing in all kinds of different business ideas and for virtually any amount of money.
When you have a complete loan application
ready for presentation, you'll select the lenders or firms interested in
that specific kind of business or investment. However, you need sophisticated kinds of influence to attract them to your project.
Either send or present the loan application package to them. One thing is most important: When you present a loan application package to a lender, be sure to have the date and time of your presentation certified by a notary public.
When you send a loan application to a lender, be sure to certify the mailing of your package with the Post Office.
Once you "open your doors" for business, there will be no shortage of people coming to you for their money needs. The problem will be selecting just the requests you know, logically, stand a reasonable chance of approval.
Everybody wants and needs money; once you announce that you can get loans for people who need them, you will be overwhelmed with requests. It will be up to you to utilize your time, expertise, and effort according to the greatest profit potential.
Setting Up Your Business Financing
You can start your business financing from the kitchen table in your home if necessary. You'll need a telephone and unless you have someone to act as a secretary, you should employ a telephone answering service.
You can probably get by with a telephone answering machine, but because you're dealing with money, it's important that you project an image of success (and a telephone answering machine quickly identifies you as being a one-person operation).
In addition to a telephone, you will also need business cards. These, of course, should be of a fine quality (this is not a very large expenditure). They, should simply state your name, followed by the name of your services - Business Financial Services.
You may list your phone number in the upper left-hand corner, something such as "Money for Every Need" in the lower right-hand corner, and of course your name and firm name centered in the middle.
Assuming you are working out of your home, once you have moved into an office, you would certainly want to make new cards showing your business address.
It wouldn't hurt to have a calculator, a typewriter, and at least a small file cabinet as you set up your business financing. But just as people got along before without these amenities, you can make do until you can afford this equipment.
Once you are organized in a work area and with the basics for operating your business financing, the next move will be to get the word out that you're ready to offer your services to people needing money, and for people who are willing to invest.
This means advertising, visiting, making contact in some way with both the people needing money, and those wanting to realize a profit in the process of lending their money. And don't forget, often those who do not go with you for one reason or another may supply you with fine referrals.
Continue at Business Financing Service -> home-biz-trends.com/business-financing-service.html and Ezine Acts Business Financing -> home-biz-trends.com/ezine-acts-business-financing.html.
In addition to business financing, you'll definitely want to read the following additional business financing articles, which are included in the Ezine Acts Articles Section on Khalid Osman's Network:
Advance Paycheck| Auto Loans| Cash Advance| Credit and Debt Counseling Service| Debt Consolidation| Free Forex Signals| How to Earn Money from Monitoring Stocks?| How to Get Money Fast?| Instant Cash| Money Making Mechanisms| Payday Loans|
Businesses you could start with the business financing fund:
Aerobics Classes| Bartering| Carpet Cleaning Services| Catering| Catering Services| Dance Schools| Dating Services| Gourmet Gift Baskets| Home Based Secretarial Service| Home Based Typing Service| How to Produce Cable TV Spots?| Inventory Videotaping Business| Printing Broker| Roommate Finding Services| Secretarial Service| Telephone Answering| Telephone Answering Service| Temporary Help| Temporary Help Service| Typesetting Business| Videotape Rental Store| Videotaping Service| Videotaping Weddings| Weddings Photography| Window Washing Services|
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