Mt Finance Resource

Everything you Need to Know About Banking

Most of us know what a bank is. We know that in order to better manage our financial life; we should have both a checking and savings account at a ...

Financing Options for Import Companies

Whether you are starting an import business or have an established importing business, it can be a very profitable venture if you have the right financing to grow your business. ...

Offshore Bank Account Tips & Issues

Are you looking for a personal offshore bank account. Maybe you are looking for a corporate offshore bank account. Generally speaking, any bank account opened outside of one's native country ...

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Free Liquor Store Business Plan

Free Liquor Store Business Plan for Loans Obtaining Business Financing   When obtaining a business loan for a liquor store business, it is imperative that you have a properly structured business plan that will assist you in showcasing how you intend to operate your Liquor Store, how the business will operate, how you intend to market the business, the anticipated financial results of your company, and how you intend to repay your debt obligations. This sample loan business plan will provide you with the framework that you need in order to acquire a business loan for starting or expanding this type of business.   Executive Summary   Introduction   When obtaining a business loan for a Liquor Store, it is imperative that your business plan has a clear and concise executive summary that provides an outline of what are seeking to accomplish, how much capital you are seeking to raise, the management biography of the business owner, and an overview of the anticipated profit and loss statements of the business. Here is an example of how the title paragraph should be written:   Liquor Store, Inc. (“the Company”) is seeking a business loan of $100,000 in order to launch…


Refused Credit Mortgages Set To “grow And Grow”

Refused credit mortgages set to “grow and grow”
14/08/2006 16:25:00
The sub-prime and near-prime mortgage market is tipped to grow and grow following new research.
A survey commissioned by Alliance & Leicester indicates greater demand for refused credit mortgages could be forthcoming, with four in five brokers expecting the market to grow.
The top reasons for borrowers to seek out a sub-prime or near-prime market are defaulting on debts or credit cards payments or simply having a bad credit rating, the research found.
Figures indicate that Britons are increasingly struggling to manager existing debts, suggesting that the potential market for sub-prime mortgages could swell.
Around two lenders in five report that the typical sub-prime customer is likely to be struggling financially, with many on a low income.
More than 85 per cent of brokers also report that customers are now realising that a sub or near prime mortgage can help rebuild a poor credit score.
Mehrdad Yousefi, head of intermediary mortgages at Alliance & Leicester, said: This market is becoming increasingly competitive with more lenders offering these specialised mortgages.
It is encouraging to see that brokers say their clients know…


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