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Homeownership Improves Terms On Non-Home Loan Types

Whether you want to apply for a car loan, student loan, home loan, home equity loan, business loan, or any other kind of loan, being a homeowner will guarantee you better terms on your loan.
Homeownership has many consequences that affect variables that are considered by the lender when analyzing a loan request. These will affect not only approval of your loan but also loan terms like the interest rates, loan length, monthly payments, fees and charges. Knowing these facts we’ll let you be in a better position when it comes to negotiating with lenders.”Home Loan” Loan Types These loan types include home mortgage loans and home equity loans and lines of credit. The first ones are loans that use a real estate property (house or apartment) as collateral for the loan. These loans usually carry low interest rates, long repayment programs of up to 30 years, higher loan amounts (enough to purchase the property) and also lower monthly payments.Home equity loans and lines of credit on the other hand, use the equity left on the home in order to guarantee the loan. Equity is the difference between the home value and the outstanding debt guaranteed by the property. These loans also carry low interest rates only slightly higher than regular home loans and long repayment programs of up to 15 years. The loan amount is generally determined by the available equity and the credit worthiness of the applicant. Other than that, these loans have similar advantageous terms to the loan conditions of mortgage loans. Non “Home Loan” Loan Types These loan types are all the other loans that are not guaranteed by a real estate property. The category includes car loans, student loans, unsecured loans of all kinds, and many other financial products both unsecured and secured with other assets. It may sound strange that a loan that is not specifically guaranteed by an asset would benefit from the existence of that asset, but truth is that assets represent a guarantee for the lender regardless of their use.Thus, homeowners can also get lower monthly payments, longer repayment programs, lower interest rates, higher loan amounts and many other benefits like lower fees and costs on insurance for these loan types as well as with real estate secured loans. Moreover, the costs of these loans for homeowners are significantly reduced to the point of matching the loan terms of secured loans even if they are unsecured loans.As you can see, being a homeowner has benefits even if you are not applying for a secured loan that will make use of a real estate asset as collateral.
And that’s why more and more homeowners are turning to unsecured loans: they get all the finance they need at very reasonable rates without risking repossession on their properties.

Rule the Digi World – 6 Simple Ways to Learn Digital Marketing on Own

Digital Marketing is a certainly vast concept like academics. Just like any other subject of school, digital marketing covers different aspects that are to be learnt one by one, back after each other. Certainly, when I say that digital marketing is vast to learn just like academics, you may assume that you need to walk down to a school or an institute to become a Master at Digital Marketing. Well, you need not to.Despite the fact that digital marketing has varied areas to be covered in learning, thanks to the internet that has made it so easy that one can master this art of e-business marketing even by sitting at home. Dedication, focus and a small kernel of confidence that you can do it by yourself are the key elements to learn digital marketing on your own. To make it easier for you, we are listing out the six best possible ways you can learn digital marketing by self, without a need to enroll in marketing schools or institutes.Hubspot Academy:On the web, Hubspot is the right place to look out for anything and everything related to marketing and sales. Hubspot helps one learn about the key components of marketing like Search Engine Optimization (SEO), Social Media Marketing, Content Marketing, Paid Search, Email Marketing, Digital Display Marketing, Web Analytics and Reporting and Mobile Marketing. Plus, the advantage in learning digital marketing from the Hubspot Academy (online) is that the knowledge you gain is accepted and recognized at a global level. The academy has in store a treasure of sources like certification courses, documents, video tutorials etc. for you to easily learn from.While Hubspot makes today’s best source for online tutorials and certification courses, Alison’s Free Diploma in E-Business course is nowhere behind to impart similar knowledge to marketing aspirants worldwide. This course helps you learn about how to grow a business online, all about Ad sense and AdWords and the best ways to increase a website’s local reach. Similarly if you’re determined to learn just everything about social media marketing, Social Media QuickStarter is a right place for you as a beginner. Here, in every session, you get to learn all tactics of marketing related to LinkedIn, Google+, YouTube, Instagram, Pinterest, Twitter, and Facebook.E-books on Digital Marketing:If you think that the online course programs take up a lot of your time and you want to master the art of digital marketing at the blink of an eye, then you may indeed need a source that gives you quick learning. E-books on marketing can do that exactly for you. From the very renowned marketing experts and authors, there are books for sale on the internet written specifically for reading lovers like you. Moreover, a recent survey report by Amazon concluded that E-books have become a popular purchase today among youngsters to enhance their skills and gain fresh knowledge.The advantage is through these books you get to learn marketing faster, without investing high. Another plus point is, you necessarily need not be connected to the internet always to learn marketing course through these e-books. While some books are available for purchase at a reasonable price, there are also e-books that are available on the web absolutely for free! All you need to do is download them, store in your PC and start off with your self-digital-marketing-learning.According to a survey of marketers, the below books have been marked best for people looking out for learning digital marketing by self:· Data Driven Content Marketing by Uberflip· The Beginners Guide to SEO by Moz· Conversions, Not Campaigns by Marketo· Google Semantic Search by David Amerland· Social Media Data Cookbook by HootsuiteYouTube ChannelsIf you believe that you definitely need a teacher, someone who could orally explain you all, but don’t want to visit a school to do so, subscribe to a YouTube Channels that imparts marketing insights. Many marketers from across the globe start their channels on YouTube with an aim to give free classes to candidates interested in learning digital marketing by self. For instance, Social Triggers by Derek Halpern has many videos on all areas on marketing. He shares everything that can help a beginner gradually become a master in marketing. Likewise, another prominent channel is by Gary Vaynerchuck, name GaryVee not just talks about marketing but does it in a way that it motives listeners and keeps them engaged throughout the course.Webinar SessionsWhat about having a classroom atmosphere while learning at home? Yes, that is what exactly a webinar does. Many marketing experts from various nations take invest some of their precious time to conduct webinars and make the home-learning a class room experience. All you need to do is enroll for the webinar, book your seat and be there to learn through sessions along with many like you. While you are listening to the class, through the online platform you will be allowed to ask in your questions too. Among today’s popular marketing experts that conduct resourceful webinars, Anik Singal is a favorite of many.Blogs, Case studies & DocumentsIf reading keeps you focused and motivated and you believe that reading marketing guides, documents case studies, articles, blogs is your choice- then that’s an equally great option. For you we have listed out few best blogs of 2018 that you could bookmark and read every day.· Marketing Land: Digital Marketing News & Views· The Moz Blog: Search Engine Marketing· Kissmetrics: Digital Marketing Stats & Studies· Econsultancy: Innovative and Latest Digital Marketing· Content Marketing Institute: Content MarketingGroups and ForumsFor an informal and joyful way of learning your digital marketing, group and forums make an ideal place. Here, you get to meet people, share knowledge, experiences- which eventually adds to a practical experience. Plus, once you are done with learning you can also seek for work opportunities and kickstart your career into digital marketing. Digital Point, Traffic Planet, SEO Chat Forum etc. are a today’s few forums which are trending among marketing and SEO addicts.Wrapping upWhile we have jotted the best and handy 6 ways to learn online marketing, there are many more sources available on the web. If you are keen to learn digital marketing at the advanced level, it is best suggested that you take an expert advice to help yourself choose the right source online.

Alternative and Non-Bank Financing – Don’t Be Afraid!

The good news is that, despite the tight credit environment, there are many alternative and non-bank financing options available to companies that need a cash infusion, whether it’s to beef up working capital or help facilitate growth.However, the bad news is that business owners often shy away from non-bank financing because they don’t understand it. Most owners simply rely on their banker for financial information and many bankers (not surprisingly) have only limited experience with options beyond those offered by the bank.To help ease some of the fear that owners often have of alternative financing, here is a description of the most common types of non-bank financing. There are many struggling businesses out there today that could benefit from one of these alternative financing options:Full-Service Factoring: If a business has financial challenges, full-service factoring is a good solution. The business sells its outstanding accounts receivable on an ongoing basis to a commercial finance company (also referred to as a factoring company) at a discount-typically between 2-4 percent-and then the factoring company manages the receivable until it is paid. It is a great alternative when a traditional line of credit is simply not available. There are a number of variables to a program, including full recourse, non-recourse, notification and non-notification.Spot Factoring: Here, a business can sell just one of its invoices to a factoring company without any commitment to minimum volumes or terms. It sounds like a good solution but it should be used sparingly. Spot factoring is typically more expensive than full-service factoring (in the 5-8 percent discount range) and usually requires extensive controls. In most cases, it does not solve the underlying lack of working capital issue.Accounts Receivable (A/R) Financing: A/R financing is an ideal solution for companies that are not yet bankable but have good financial statements and need more money than a traditional lender will provide. The business must submit all of its invoices through to the A/R finance company and pay a collateral management fee of about 1-2 percent to have them professionally managed. A borrowing base is calculated daily and when funds are requested an interest rate of Prime plus 1 to 5 points is applied. If and when the company becomes bankable, it is a fairly easytransition to a traditional bank line of credit.Asset-Based Lending (ABL): This is a facility secured by all the assets of a company, including A/R, equipment, real estate and inventory. It’s a good alternative for companies with the right mix of assets and a need for at least $1 million. The business continues to manage and collect its own receivables but submits an aging report each month to the ABL company, which will review and periodically audit the reports. Fees and interest make this product more expensive than traditional bank financing, but in many cases it provides access to more capital. In the right situation, this can be a very fair trade-off.Purchase Order (PO) Financing: Ideal for a business that has a purchase order(s) but lacks the supplier credit needed to fill it. The business must be able to demonstrate a history of completing orders, and the account debtor placing the order must be financially strong. In most cases, a PO finance company requires the involvement of a factor or asset-based lender in the transaction. PO financing is a high-risk kind of financing, so the costs are usually very high and the due diligence required is quite intense.The message I am trying to convey is simply that financially challenged business owners should not be afraid to consider alternative or non-bank financing options. It’s a fairly simple matter to learn what they are, how much they cost and how they work. Alternative financing is a much better option than facing the challenges of growth or turnaround alone. It is a known fact that the vast majority of business failures are due to a lack of working capital-but it doesn’t have to be that way.With a better understanding of these different types of non-bank financing, you’ll be in a better position to decide if they might be the answer to your financing challenges.