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James Hudson

How does one calculate a debt service coverage ratio? - 0 views

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    Debt Service Coverage Ratio (DSCR) is the ratio of cash available for debt servicing to interest, lease and principal payments. It is a common benchmark used to ascertain the ability for one to produce enough cash to repay his/her debts. It is calculated by: DSCR = (Annual Net Income + Amortization/Depreciation + Interest Expense + other non-cash and discretionary items (such as non-contractual management bonuses)) / (Principal Repayment + Interest payments + Lease payments
James Hudson

The Difference Between Debt and Equity Financing for Your Small Business - 0 views

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    When it comes to funding a small business, there are two basic options: debt or equity financing. Each has its advantages and drawbacks, so it's important to know a bit about both so you can make the best decision for financing your business.
James Hudson

Obama's Debt Relief Programs - Biz2credit - 0 views

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    What is known as the Obama credit card debt relief plan.Want to know more myth about Obama's debit relief Programs, Which business can get the benefits of program watch this video.
James Hudson

Apply for a Business Loan - 0 views

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    This great video is dhowing that, How a users can find great opportunity to choose from different borrowing locations and en-cash their relationships with borrowers for getting a business loans. Special options for borrowing include an 'Application title' that entails with it details about business, annual revenue generated and outstanding debt
James Hudson

How does one establish a good credit score? - 0 views

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    These are some things that you can do to establish a good credit score. Its not an exhaustive list but rather something to start with. 1-Pay credit card bill preferrably in full and on time, 2 - Never charge 30% more than your credit limit, 3- Don't close an unused card account, Keep them in good stead, 4-Spread your debt on different cards, 5- Try not to keep a credit card unused
James Hudson

How would one define mortgage? - 0 views

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    A mortgage is a temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt. 
James Hudson

How would one define a mortgage? - 0 views

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    A temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt. 
James Hudson

How do you define the term cash out? - 0 views

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    Cash out refers to additional money issued to a borrower with a loan to refinance existing debt.
James Hudson

What is the importance of financial statements? - 1 views

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    Financial statements are the record of variuous financial activities of a business. Various financial information such as financial statements, statement of cash flows, balance sheet and the like are provided in a structured manner. Financial statements are important to check the health of a business. It is important to know your income and expenditures that the business is undergoing through.
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    Financial statements are the record of variuous financial activities of a business. Various financial information such as financial statements, statement of cash flows, balance sheet and the like are provided in a structured manner. Financial statements are important to check the health of a business. It is important to know your income and expenditures that the business is undergoing through. The outstanding debts and other sources of income are all recorded in the financial statement.  This report provides information on perfomance, changes and financial position of the company which in turn helps to make many decisions.
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