How to Get Financing For Your Small Business In the current unfavorable economic climate, access to capital is an important factor in distinguishing companies that can grow and gain market share from companies that experience significant declines in revenue. This is because many small companies have seen a significant decline in sales and cash flows, while many companies have closed their doors and many large U.S. companies have been able to increase sales and open new sales operations. Retail and increase yield per share. This is because small companies have always relied on traditional commercial bank financing, such as SBA loans and unsecured loans, while large state-owned companies have access to capital in the stock market or public markets. Bond market. Prior to the 2008 financial crisis and the Great Depression, the largest commercial bank in the United States simplified monetary policy and provided public credit to small businesses with good credit ratings and industry experience. Many of these business loans are unsecured loans and unsecured installments. Often, these loans are fully supported by the employer's personal guarantee. This is why you need a good personal loan to get an approved business loan. During this period, thousands of small business owners used loans and business loans to access finance capital for their working capital needs. Relationship. Easy access to these capital resources allows many small businesses to develop and manage their cash flow needs. However, many business owners are overly optimistic and many create strong growth forecasts and risk segments. As a result, many business owners have begun to expand their businesses and take out large loans from small business lenders, which expect to be able to repay higher loans due to future growth and increased profits. As long as banks follow the "easy money" policy, asset values will continue to rise, consumers will continue to buy, and business owners will continue to jump. But in the end this party will end soon. As the 2008 financial crisis began with the sudden collapse of Lehman Brothers, one of the oldest and most well-known banking institutions on Wall Street, financial panic and epidemics spread through the credit market. Subsequent credit market freezing caused the US financial system to stall. Banks stopped lending yesterday and suddenly ran out of easy cash, which pushed the value of assets, especially house prices, to rise in recent years, which has now led to a sharp decline in the value of similar assets. When the value of an asset increases sharply, the balance sheets of commercial banks decline and stock prices fall. Gone are the days when you could easily make money. The party is officially over. After the financial crisis, the global economic crisis has created imbalances in the capital market. The only commercial bank that easily and conveniently provides money to small businesses and small business owners who have no capital on the balance sheet. Bank threatens their life. Many commercial banks have blocked access to company lines of credit and inquire about outstanding business loan balances. Small businesses that rely on this line of working capital credit cannot meet their cash flow and credit needs. Many small businesses have been unable to cope with sharp and dramatic declines in revenue and profits. Since many of these small businesses create millions of jobs, the unemployment rate rises every time one of these businesses collapses. As the financial crisis intensifies, commercial banks are nearing their final starting point and are in danger of bankruptcy of the entire financial system. Congress and the Federal Reserve are urging taxpayers to finance the entire banking system, but the damage has been done. Billions of dollars are invested in the banking system to compensate for inefficient institutions. However, in the process, these banks do not have loan arrangements for private customers or companies. Part of the tax is that instead of supporting small businesses and preventing unnecessary business clashes and rising unemployment, thousands of commercial banks are denying business access. Small and small business owners. In the past, even after receiving savings accounts from taxpayers, commercial banks maintained an all-in-one approach and restricted access to credit and lines of credit. Enter a credit rating or payment on time. Small business bankruptcies are on the rise and unemployment is high. At the same time, the lack of capital by commercial banks means that SMEs do not exist, so large government owned companies can survive and grow businesses. More importantly, they can increase their equity by lending through the bond market or by issuing shares through the stock market. Banks have appropriated thousands of small businesses, paid off existing commercial loans and refused to offer new loans to small businesses, and large companies raised billions of dollars in capital. new. Even in mid-2012, four years after the financial crisis began, most SMEs were unable to access capital. Commercial banks continued to promote unsecured loans for most small business households. To have the opportunity to get a small business loan or a business loan, a small business must have collateral that banks can easily sell for a business loan or an amount equivalent to a business loan. For small businesses with collateral, even through SBA, there is little chance of getting a loan without the necessary collateral, such as equipment or supplies. Where the small business cannot provide collateral for a small business loan, the commercial bank will require the owner of the small business to borrow with his own property or personal property such as home ownership or money face. Check, Savings or Retirement Account as a 401K or IRA. The second puts a business bankruptcy that puts the personal property of its owner at risk. Additionally, almost all small business loans require personal credit and excellent FICO scores, but also a personal guarantee. Finally, the financial statements, including the corporate tax return, highlight the need to ensure sustainable returns in most small business loan applications. If you fail or do not meet any of these strict requirements, applications for most small business loans or commercial credit lines may be denied immediately. In most cases, business loan proposals are issued to applicants who meet all of these requirements. Therefore, there is no guarantee that a business loan application will be approved in the post-financial environment if you qualify with a good personal credit history, collateral, reliable financial reports and tax return. Access to capital for small businesses and small business owners is harder than ever. As a result of this constant capital vacuum, small businesses and small business owners began to look for alternative sources of business capital and business loans. Many small business owners looking for cash flow to fund existing operations or funds have found alternative business financing using credit card loans for cash trading and small business loans offered by private investors. Merchants who have these cash advances have a significant advantage over small businesses and small businesses over traditional commercial bank loans. Cash loans, sometimes called factoring loans, are based on the average amount of credit cards processed by a merchant or store over a period of three to six months. Virtually guaranteed credit card prepayment is accepted by any merchant or retailer who accepts credit cards as a customer payment, including Visa, MasterCard, American Express, or Discover. The total cash advance owed to the trader is determined on average over those three to six months, and the amounts are usually credited to the company's current account within seven to ten days of approval. The fixed amount is maintained and the advance and interest are determined after the advance payment has been approved by the lender. For example, if a merchant or reseller processes consumer credit cards on a daily basis, the average credit card is $ 30,000 per month. If the customer receives a prepayment of $ 30,000 and a multiplier of $ 1.20, the total refund is $ 30,000 plus a 20% discount of $ 30,000 or $ 6,000 for a full refund of $ 36,000. Thus, the merchant has $ 30,000 in the checking account and $ 36,000 will be refunded. Refunds are made with some deduction from the potential credit card seller's daily sales - typically up to 20% of the credit cards processed that day. Therefore, the seller does not have to write a check or send money. A fixed interest rate can be easily deducted from the sale of a future loan until $ 36,000 is paid. The advantage of financing these types of commercial bank loans is that the seller's financial process is not reflected in the business owner's personal credit report. It effectively separates the small business owner's personal economy from small business financing. Another benefit of improving business credit cards is that approval does not require a personal guarantee from the business owner. If the business is unable to repay the loan in full, the business owner is not personally liable and may not be required to provide a personal guarantee for the development of the business. Owners, cancellers and business managers of commercial debt financial transactions of banking companies that require personal guarantees are still forced into personal bankruptcy if the business goes bankrupt and the remaining debt is not paid. . .. A third unique feature is that prepaid credit card sellers do not need additional collateral as additional credit insurance. The following credit card lenders lose money, so there is no additional collateral. This type of financing is another attractive option for buyers, as most small businesses do not have any tangible assets other than the traditional promises of traditional bank loans. Thousands of online shops are trying to get to the capital. These companies as creditors are not well supported and are automatically rejected by ordinary loans. Finally, the granting of a prepayment by credit card is not based on a high personal or absolute debt of the owner of the company. In fact, an employer's debt can be daunting and a FICO score can be low, which doesn't stop a business from accepting payments. The credit of business owners is generally only examined for the purpose of determining the level of participation in loan repayments. However, a business owner who has just suffered a personal loss is also eligible for a secured credit card loan. Business credit card development loans are offered by a network of retail investors, so these lenders are not dominated by the new capital requirements that limit the industry. Commercial bank. The prior agreement of the seller is determined on the basis of the directives given to the network by the private lenders. Each loan application will be reviewed and monitored on a case-by-case basis and approval will be issued within 24-48 hours of receipt of a complete application, including 3-6 months. Previous debt report. Credit card seller.

ABG never DIE

Pada tahun 1994 saya tercatat sebagai siswa baru pada SMUN 2 pada waktu itu sebagai siswa baru, yah.. acara sekolahan biasa saja masuk pagi pulang sekitar jam 14:00 sampai pada akhirnya saya dikenalkan oleh teman seorang gadis yang ternyata gadis itu sekolah juga di dekat sekolah saya yaitu di SMPN 3.

Ketika kami saling menjabat tangan, gadis itu masih agak malu-malu, saya lihat juga gadis itu tingginya hanya sekitar 158 cm dan mempunyai dada yang memang kelihatan lebih besar dari anak seumurnya sekitar 34B (kalau tidak salah umurnya 14 tahun), mempunyai wajah yang manis banget dan kulit walaupun tidak terlalu putih tapi sangat mulus, (sekedar info tinggi saya 165 cm dan umur waktu itu 16 tahun), saya berkata siapa namamu?, dia jawab L—- (edited), setelah berkenalan akhirnya kami saling memberikan nomor telepon masing-masing, besoknya setelah saling telepon dan berkenalan akhirnya kami berdua janjian keluar besok harinya jalan pertama sekaligus cinta pertama saya membuat saya deg-degan tetapi namanya lelaki yah…, jalan terus dong.

Akhirnya malam harinya sekitar jam 19.00 saya telah berdiri didepan rumahnya sambil mengetuk pagarnya tidak lama setelah itu L—-muncul dari balik pintu sambil tersenyum manis sekali dia mengenakan kaos ketat dan rok yang kira-kira panjangnya hampir mencapai lutut berwarna hitam.
Saya tanya, “Mana ortu kamu…”, dia bilang kalau di rumah itu dia cuma tinggal bersama papanya dan pembantu, sedangkan kalau kakaknya dan mamanya di kota lain.
“Oohh jawab saya,” saya tanya lagi “Terus Papa kamu mana?” dia jawab kalau Papa lagi keluar ada rapat lain di hotel (papanya seorang pejabat kira-kira setingkat dengan wagub) jadi saat itu juga kami langsung jalan naik motorku dan tanpa disuruhpun dia langsung memeluk dari belakang, penis saya selama jalan-jalan langsung tegang, habis dada dia begitu kenyal terasa di belakangku seakan-akan memijit-mijit belakangku (motor waktu itu sangat mendukung, yaitu RGR).

Setelah keliling kota dan singgah makan di tempat makan kami langsung pulang ke rumahnya setelah tiba saya lihat rumahnya masih sepi mobil papanya belum datang.
Tiba-tiba dia bilang “Masuk yuk!., Papa saya kayaknya belum datang”. Akhirnya setelah menaruh motor saya langsung mengikutinya dari belakang saya langsung melihat pantatnya yang lenggak-lenggok berjalan di depanku, saya lihat jam ternyata sudah pukul 21.30, setiba di dalam rumahnya saya lihat tidak ada orang saya bilang “Pembantu kamu mana?”, dia bilang kalau kamar pembantu itu terpisah dari bangunan utama rumah ini agak jauh ke belakang.
“oohh…”, jawab saya.
Saya tanya lagi, “jadi kalau sudah bukakan kamu pintu pembantu kamu langsung pergi ke belakang?”, dia jawab iya.
“Terus Papa kamu yang bukain siapa…”
“saya…” jawabnya.
“Kira-kira Papa kamu pulang jam berapa sih…”, tanya saya. Dia bilang paling cepat juga jam 24.00. (Langsung saja pikiranku ngeres banget)
Saya tanya lagi “Kamu memang mau jadi pacar saya…”.
Dia bilang “Iya…”.
Lalu saya bilang, “kalau gitu sini dong dekat-dekat saya…”, belum sampai pantatnya duduk di kursi sebelahku, langsung saya tarik ke dalam pelukanku dan mengulum bibirnya, dia kaget sekali tapi belum sampai ngomong apa-apa tanganku langsung memegang payudaranya yang benar-benar besar itu sambil saya remas-remas dengan kuat sekali (habis sudah kebelet) diapun mengeluh “Ohh.., oohh sakit”. katanya.

Saya langsung mengulum telinganya sambil berbisik, “Tahan sedikit yah…”, dia cuma mengangguk. Payudaranya saya remas dengan kedua tanganku sambil bibir saya jilati lehernya, kemudian pindah ke bibirnya langsung saya lumat-lumat bibirnya yang agak seksi itu, kamipun berpagutan saling membenamkan lidah kami masing-masing. Penis saya langsung saya rasakan menegang dengan kerasnya. Saya mengambil tangan kirinya dan menuntun memegang penisku dibalik celana saya, dia cuma menurut saja, lalu saya suruh untuk meremasnya. Begitu dia remas, saya langsung mengeluh panjang, “Uuhh…, nikmat sayang”, kata saya.
“Teruss…”, dengan agak keras kedua tanganku langsung mengangkat kaos yang dia kenakan dan membenamkan muka saya di antara payudaranya, tapi masih terhalang BH-nya saya jilati payudaranya sambil saya gigit-gigit kecil di sekitar payudaranya, “aahh…, aahh”. Diapun mendesis panjang tanpa melepas BH-nya saya langsung mengangkat BH-nya sehingga BH-nya berada di atas payudaranya, sungguh pemandangan yang amat menakjubkan, dia mempunyai payudara yang besar dan puting yang berwarna kemerahan dan menjulang keluar kira-kira 1/2 cm dan keras, (selama saya main cewek baruku tahu sekarang bahwa tidak semua perempuan nanti menyusui baru keluar putingnya). Saya jilat kedua payudaranya sambil saya gigit dengan keras putingnya. Dia pun mengeluh sambil sedikit marah. “Aahh…, sakkiitt…”, tapi saya tidak ambil pusing tetap saya gigit dengan keras. Akhirnya diapun langsung berdiri sambil sedikit melotot kepadaku.

Sekarang payudara dia berada tepat di depan wajah saya. Sambil saya memandangi wajahnya yang sedikit marah, kedua tanganku langsung meremas kedua payudaranya dengan lembut. Diapun kembali mendesis, “Ahh…, aahh…”, kemudian saya tarik payudaranya dekat ke wajah saya sambil saya gigit pelan-pelan. Diapun memeluk kepala saya tapi tangannya saya tepiskan. Sekelebat mata saya menangkap bahwa pintu ruang tamunya belum tertutup saya pun menyuruh dia untuk penutup pintunya, dia pun mengangguk sambil berjalan kecil dia pergi menutup pintu dengan mengendap-endap karena bajunya tetap terangkat sambil memperlihatkan kedua bukit kembarnya yang bikin hati siapa saja akan lemas melihat payudara yang seperti itu.

Setelah mengunci pintu dia pun kembali berjalan menuju saya. Saya pun langsung menyambutnya dengan memegang kembali kedua payudaranya dengan kedua tangan saya tapi tetap dalam keadaan berdiri saya jilati kembali payudaranya. Setelah puas mulut saya pun turun ke perutnya dan tangan saya pelan-pelan saya turunkan menuju liang senggamanya sambil terus menjilati perutnya sesekali mengisap puting payudaranya. Tangan sayapun menggosok-gosok selangkangannya langsung saya angkat pelan-pelan rok yang dia kenakan terlihatlah pahanya yang mulus sekali dan CD-nya yang berwarna putih saya remas-remas liang kewanitaannya dengan terburu buru, dia pun makin keras mendesis, “aahh…, aakkhh… ohh…, nikmat sekali…”, dengan pelan-pelan saya turunkan cdnya sambil saya tunggu reaksinya tetapi ternyata dia cuma diam saja, (tiba-tiba di kepala muncul tanda setan).
Terlihatnya liang kewanitaannya yang ditumbuhi bulu-bulu tapi sangat sedikit. Sayapun menjilatinya dengan penuh nafsu, diapun makin berteriak, “Aakkhh…, akkhh…, lagi…, lagii..”.

Setelah puas sayapun menyuruhnya duduk di lantai sambil saya membuka kancing celanaku dan saya turunkan sampai lutut terlihatlah CD-ku, saya tuntun tangannya untuk mengelus penis saya yang sudah sangat tegang sehingga sepertinya mau loncat dari CD-ku. Diapun mengelusnya terus mulai memegang penis saya. Saya turunkan CD-ku maka penis saya langsung berkelebat keluar hampir mengenai mukanya. Diapun kaget sambil melotot melihat penis saya yang mempunyai ukuran lumayan besar (diameter 3 cm dan panjang kira-kira 15 cm) saya menyuruhnya untuk melepas kaos yang dia kenakan dan roknya juga seperti dipangut dia menurut saja apa yang saya suruh lakukan. Dengan terburu-buru saya pun melepas semua baju saya dan celana saya kemudian karena dia duduk dilantai sedangkan saya dikursi, saya tuntun penis saya ke wajahnya dia pun cuma melihatnya saja. Saya suruh untuk membuka mulutnya tapi kayaknya dia ragu-ragu.

Setengah memaksa, saya tarik kepalanya akhirnya penisku masuk juga kedalam mulutnya dengan perlahan dia mulai menjilati penis saya, langsung saya teriak pelan, “Aakkhh…, aakkhh…”, sambil ikut membantu dia memaju-mundurkan penis saya di dalam mulutnya. “aakk…, akk…, nikmat sayyaangg…”. Setelah agak lama akhirnya saya suruh berdiri dan melepaskan CD-nya tapi muncul keraguan di wajahnya sedikit gombal akhirnya CD dan BH-nya dia lepaskan juga maka telanjang bulatlah dia depanku sambil berdiri. Sayapun tak mau ketinggalan saya langsung berdiri dan langsung melepas CD-ya. Saya langsung menubruknya sambil menjilati wajahnya dan tangan saya meremas-remas kedua payudaranya yang putingnya sudah semakin tegang, diapun mendesis, “Aahh…, aahh…, aahh…, aahh”, sewaktu tangan kananku saya turunkan ke liang kemaluannya dan memainkan jari-jariku di sana.

Setelah agak lama baru saya sadar bahwa jari saya telah basah. Saya pun menyuruhnya untuk membelakangiku dan saya siapkan penis saya. Saya genggam penis saya menuju liang senggamanya dari belakang. Saya sodok pelan-pelan tapi tidak maumasuk-masuk saya sodok lagi terus hingga dia pun terdorong ke tembok tangannyapun berpangku pada tembok sambil mendengar dia mendesis, “Aahh…, ssaayaa..,. ssaayaangg…, kaammuu…”, sayapun terus menyodok dari belakang. Mungkin karena kering penis saya nggak mau masuk-masuk juga saya angkat penis saya lalu saya ludahi tangan saya banyak-banyak dan saya oleskan pada kepala penissaya dan batangnya dia cuma memperhatikan dengan mata sayu setelah itu. Saya genggam penis saya menuju liang senggamanya kembali. Pelan-pelan saya cari dulu lubangnya begitu saya sentuh lubang kemaluannya dia pun langsung mendesis kembali, “Ahh…, aahh…”, saya tuntun penis saya menuju lubang senggamanya itu tapi saya rasakan baru masuk kepalanya saja diapun langsung menegang tapi saya sudah tidak peduli lagi. Dengan satu hentakan yang keras saya sodok kuat-kuat lalu saya rasa penis saya seperti menyobek sesuatu maka langsung saja dia berontak sambil berteriak setengah menangis, “Ssaakkiitt…”. Saya rasakan penis saya sepertinya dijepit oleh dia keras sekali hingga kejantanan saya terasa seperti lecet di dalam kewanitaannya. Saya lalu bertahan dalam posisi saya dan mulai kembali menyiuminya sambil berkata “Tahann.. sayang… cuman sebentar kok…”

Saya memegang kembali payudaranya dari belakang sambil saya remas-remas secara perlahan dan mulut saya menjilati belakangnya lalu lehernya telinganya dan semua yang bisa dijangkau oleh mulut saya agak lama. Kemudian dia mulai mendesis kembali menikmati ciuman saya dibadan dan remasan tangan saya di payudaranya, “Ahh…, aahh…, ahh…, kamu sayang sama lakukan?” dia berkata sambil melihat kepada saya dengan wajah yang penuh pengharapan. Saya cuma menganggukkan kepala padahal saya lagi sedang menikmati penis saya di dalam liang kewanitaannya yang sangat nikmat sekali seakan-akan saya lagi berada di suatu tempat yang dinamakan surga. “Enak sayang?”, kataku. Dia cuma mengangguk pelan sambil tetap mengeluarkan suara-suara kenikmatan, “Aahh…, aahh…” lalu saya mulai bekerja, saya tarik pelan-pelan penis saya lalu saya majukan lagi tarik lagi majukan lagi dia pun makin keras mendesis, “Aahh…, ahh…, ahhkkhh…” akhirnya ketika saya rasakan bahwa dia sudah tidak kesakitan lagi saya pun mengeluar-masukkan penis saya dengan cepat dia pun semakin melenguh menikmati semua yang saya perbuat pada dirinya sambil terus-meremas payudaranya yang besar itu. Dia teriak “Sayaa mauu keeluuarr…”.
Sayapun berkata “aahhkkssaayyaanggkkuu…”, saya langsung saja sodok dengan lebih keras lagi sampai-sampai saya rasakan menyentuh dasar dari liang senggamanya tapi saya benar-benar kesetanan tidak peduli lagi dengan suara-suara, “Ahh…, aahh…, ahh…, akkhh…, akkhh…, truss” langsung dia bilang “Sayyaa kkeelluuaarr…, akkhh…, akhh…”, tiba-tiba dia mau jatuh tapi saya tahan dengan tangan saya. Saya pegangi pinggulnya dengan kedua tangan saya sambil saya kocok penis saya lebih cepat lagi, “Akkhh…, akkhh…, ssaayyaa mauu…, kkeelluuaarr…, akkhh…”, pegangan saya di pinggulnya saya lepaskan dan langsung saja dia terjatuh terkulai lemas.

Dari penis saya menyemprotlah air mani sebanyak-banyaknya, “Ccroott…, croott.., ccrroott…, akkhh…, akkhh…”, saya melihat air mani saya membasahi sebagian tubuhnya dan rambutnya, “Akhh…, thanks sayangkuu…”, sambil berjongkok saya cium pipinya sambil saya suruh jilat lagi penisku. Diapun menjilatinya sampai bersih. Setelah itu saya bilang pakai pakaian kamu dengan malas dia berdiri mengambil bajunya dan memakainya kembali.

Setelah kami berdua selesai saya mengecup bibirnya sambil berkata, “Saya pulang dulu yah sampai besok sayang…!”. Dia cuma mengangguk tidak berkata-kata lagi mungkin lemas mungkin nyesal tidak tahu ahh. Saya lihat jam saya sudah menunjukkan jam 23.35, saya pulang dengan sejuta kenikmatan.
 

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How to Get Financing For Your Small Business In today's hostile economic environment, access to capital is the primary differentiating factor between those businesses which have been able to expand and gain market share versus those that have experienced enormous drops in revenue. The reason many small businesses have seen their sales and cash flow drop dramatically, many to the point of closing their doors, while many large U.S. corporations have managed to increase sales, open new retail operations, and grow earnings per share is that a small business almost always relies exclusively on traditional commercial bank financing, such as SBA loans and unsecured lines of credit, while large publicly traded corporations have access to the public markets, such as the stock market or bond market, for access to capital. Prior to the onset of the financial crises of 2008 and the ensuing Great Recession, many of the largest U.S. commercial banks were engaging in an easy money policy and openly lending to small businesses, whose owners had good credit scores and some industry experience. Many of these business loans consisted of unsecured commercial lines of credit and installment loans that required no collateral. These loans were almost always exclusively backed by a personal guaranty from the business owner. This is why good personal credit was all that was required to virtually guarantee a business loan approval. During this period, thousands of small business owners used these business loans and lines of credit to access the capital they needed to fund working capital needs that included payroll expenses, equipment purchases, maintenance, repairs, marketing, tax obligations, and expansion opportunities. Easy access to these capital resources allowed many small businesses to flourish and to manage cash flow needs as they arose. Yet, many business owners grew overly optimistic and many made aggressive growth forecasts and took on increasingly risky bets. As a result, many ambitious business owners began to expand their business operations and borrowed heavily from small business loans and lines of credit, with the anticipation of being able to pay back these heavy debt loads through future growth and increased profits. As long as banks maintained this 'easy money' policy, asset values continued to rise, consumers continued to spend, and business owners continued to expand through the use of increased leverage. But, eventually, this party, would come to an abrupt ending. When the financial crisis of 2008 began with the sudden collapse of Lehman Brothers, one of the oldest and most renowned banking institutions on Wall Street, a financial panic and contagion spread throughout the credit markets. The ensuing freeze of the credit markets caused the gears of the U.S. financial system to come to a grinding halt. Banks stopped lending overnight and the sudden lack of easy money which had caused asset values, especially home prices, to increase in recent years, now cause those very same asset values to plummet. As asset values imploded, commercial bank balance sheets deteriorated and stock prices collapsed. The days of easy money had ended. The party was officially over. In the aftermath of the financial crisis, the Great Recession that followed created a vacuum in the capital markets. The very same commercial banks that had freely and easily lent money to small businesses and small business owners, now suffered from a lack of capital on their balance sheets - one that threatened their very own existence. Almost overnight, many commercial banks closed off further access to business lines of credit and called due the outstanding balances on business loans. Small businesses, which relied on the working capital from these business lines of credit, could no longer meet their cash flow needs and debt obligations. Unable to cope with a sudden and dramatic drop in sales and revenue, many small businesses failed. Since many of these same small businesses were responsible for having created millions of jobs, every time one of these enterprises failed the unemployment rate increased. As the financial crisis deepened, commercial banks went into a tailspin that eventually threatened the collapse of the entire financial system. Although Congress and Federal Reserve Bank led a tax payer funded bailout of the entire banking system, the damage had been done. Hundreds of billions of dollars were injected into the banking system to prop up the balance sheets of what were effectively defunct institutions. Yet, during this process, no provision was ever made that required these banks to loan money out to consumers or private businesses. Instead of using a portion of these taxpayer funds to support small businesses and avert unnecessary business failures and increased unemployment, commercial banks chose to continue to deny access to capital to thousands of small businesses and small business owners. Even after receiving a historic taxpayer funded bailout, the commercial banks embraced an 'every man for himself' attitude and continue to cut off access to business lines of credit and commercial loans, regardless of the credit history or timely payments on such lines and loans. Small business bankruptcies skyrocketed and high unemployment persisted. During this same period, when small businesses were being choked into non-existence, as a result of the lack of capital which was created by commercial banks, large publicly-traded corporations managed to survive and even grow their businesses. They were mainly able to do so by issuing debt, through the bond markets, or raising equity, by issuing shares through the equity markets. While large public companies were raising hundreds of millions of dollars in fresh capital, thousands of small businesses were being put under by banks that closed off existing commercial lines of credit and refused to issue new small business loans. Even now, in mid 2012, more than four years since the onset of the financial crisis, the vast majority of small businesses have no means of access to capital. Commercial banks continue to refuse to lend on an unsecured basis to almost all small businesses. To even have a minute chance of being approved for a small business loan or business line of credit, a small business must possess tangible collateral that a bank could easily sell for an amount equal to the value of the business loan or line of credit. Any small business without collateral has virtually no chance at attaining a loan approval, even through the SBA, without significant collateral such as equipment or inventory. When a small business cannot demonstrate collateral to provide security for the small business loan, the commercial bank will ask for the small business owner to secure the loan with his or her own personal assets or equity, such as equity in a house or cash in a checking, savings, or retirement account, such as a 401k or IRA. This latter situation places the personal assets of the owner at risk in the event of a small business failure. Additionally, virtually all small business loans will require the business owner to have excellent personal credit and FICO scores, as well as require a personal guaranty. Finally, multiple years of financial statements, including tax returns for the business, demonstrated sustained profitability will be required in just about every small business loan application. A failure or lack of ability to provide any of these stringent requirements will often result in an immediate denial in the application for almost all small business loans or commercial lines of credit. In many instances, denials for business loans are being issued to applicants which have provided each of these requirements. Therefore, being able to qualify with good personal credit, collateral, and strong financial statements and tax returns still does not guarantee approval of a business loan request in the post financial crisis economic climate. Access to capital for small businesses and small business owners is more difficult than ever. As a result of this persistent capital vacuum, small businesses and small business owners have begun to seek out alternative sources of business capital and business loans. Many small business owners seeking cash flow for existing business operations or funds to finance expansion have discovered alternative business financing through the use of merchant credit card cash advance loans and small business installment loans offered by private investors. These merchant cash advance loans offer significant advantages to small businesses and small business owners when compared to traditional commercial bank loans. Merchant cash advance loans, sometimes referred to as factoring loans, are based on the amount of average credit card volume a merchant or retail outlet, processes over a three to six month period. Any merchant or retail operator that accepts credit cards as payment from customers, including Visa, MasterCard, American Express, or Discover, is virtually guaranteed an approval for a merchant credit card advance. The total amount of cash advance that a merchant qualifies for is determined by this three to six month average and the funds are generally deposited in the business checking account of the small business within a seven to ten day period from the time of approval. A set repayment amount is fixed and the repayment of the cash advance plus interest is predetermined at the time the advance is approved by the lender. For instance, if a merchant or retailer processes approximately $1,000 per day in credit cards from its customers, the monthly average of total credit cards processed equals $30,000. If the merchant qualifies for $30,000 for a cash advance and the factoring rate is 1.20, the total that would need to be repaid is $30,000 - plus 20% of $30,000 which equals $6,000 - for a total repayment amount of $36,000. Therefore, the merchant would receive a lump sum of $30,000 cash, deposited in the business checking account, and a total of $36,000 would need to be repaid. The repayment is made by automatically deducting a pre-determined amount of each of the merchant's daily future credit card sales - usually at a rate of 20% of total daily credit cards processed. Thus, the merchant does not have to write checks or send payments. The fixed percent is simply deducted from future credit sales until the total sum due of $36,000 is paid off. The advantage to this type of financing versus a commercial bank loan is that a merchant cash advance is not reported on the personal credit report of the business owner. This effectively separates the personal financial affairs of the small business owner from the financial affairs of the small business entity. A second advantage to a merchant credit card cash advance is that an approval does not require a personal guaranty from the business owner. If the business is unable to repay the merchant cash advance loan in full, the business owner is not held personally responsible and cannot be forced to post personal collateral as security for the merchant advance. The owner removes the financial consequences that often accompany a commercial bank business loan that requires a personal guaranty and often forces business owners into personal bankruptcy in the even that their business venture fails and cannot repay the outstanding loan balance. A third, and distinct advantage, is that a merchant credit card cash advance loan does not require any collateral as additional security for the loan. The future credit card receivables are the security for the cash advance repayment, thus no additional collateral requirements exist. Since the majority of small businesses do not have physical equipment or inventory that can be posted as collateral for a traditional bank loan, this type of financing is a phenomenal alternative for thousands of retail businesses, merchants, sole proprietorships, and online stores seeking access to capital. Such businesses would be denied automatically for a traditional business loan simply because of the lack of collateral to serve as added security for the bank or lender. Finally, a merchant credit card advance loan approval does not depend upon the strong or perfect personal credit of the business owner. In fact, the business owner's personal credit can be quite poor and have a low FICO score, and this will not disqualify the business from being approved for the cash advance. The business owner's personal credit is usually checked only for the purpose of helping to determine that factoring rate at which the total loan repayment will be made. However, even a business owner with a recently discharged personal bankruptcy can qualify for a merchant credit card cash advance loan. Since the cash funds being lent on merchant credit card advances is provided by a network of private investors, these lenders are not regulated or affected by the new capital requirements that have placed a constraint on the commercial banking industry. The merchant cash advance approvals are determined by internal underwriting guidelines developed by the private lenders in the network. Each loan application is reviewed and processed on a case-by-case basis and approvals are issued within 24 to 48 hours from receipt of a complete application, including the previous three to six months of merchant credit statements. Merchant credit card.

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