Buying a home is a major investment, and for many first-time homeowners the idea of pouring a large portion of their income into a home they won’t own for 30 years can be daunting. Fortunately, there are alternatives to the traditional single-family starter home model. One method that can allow you to pay off your home more quickly is to invest in a duplex. The following guide can help. Why a duplex? Read More»
With the consumer credit marketplace saturated with so many lending options, it’s hard to decide what the best solution is when you need cash. Installment loans are one of the most popular options for meeting urgent financial needs. Here’s a look at several reasons why you should consider an installment loan if you’re in need of cash for an unexpected expense. Clear Interest Rate Most installment loans have a clearly defined, fixed interest rate. Read More»
If you took out a fixed-rate mortgage before the Great Recession, you may be looking at current mortgage interest rates with a combination of disbelief and envy. In fact, those who purchased in the late 90s and have not refinanced since could be paying nearly twice as much in interest as those purchasing or refinancing today. Even if your current interest rate is just a point or two higher than today’s rates, you may be eager to refinance before rates begin to rise again. Read More»
In the trucking business, there are few risks more dangerous than a cash crunch. All it takes is a few customers to be late on their bills, several repairs or other unexpected costs, and before you know it, you’re tight on cash. As you likely know, that’s bad news for a trucking company. You need cash on hand to pay for fuel, drivers, maintenance, and a host of other expenses. If you can’t pay those costs, your business could be on the brink. Read More»
If you have been working on your business for some time, you may be proud of the strides that you have made. Whether you have been able to quit your previous job and run the business full time, or if it is your first year operating in the black, small business successes should be celebrated. If you are ready to take your business to the next level, you should start looking into a business loan. Read More»