The Advantages And Disadvantages Of Development Finance

There can be a lot of confusion surrounding development finance and what it implicates within the financial world. A question that is frequently asked is: What is the difference between development finance and commercial mortgages? And this is where the confusion often stems.

Development finance is where an individual or business is looking to develop property, or properties and have some capital but need a short term loan to help complete the development. Depending upon the lender and the circumstance, such loans normally span between 12 to 24 months. Commercial mortgages on the other hand, are usually only required once the development has been completed and additional funds are necessary. Hence, development finance and commercial mortgages do tend to overlap.

Despite the credit crunch, development finance is rapidly becoming more main stream and is a very specific type of finance. Whilst the high street lenders are active in this market, their terms may be restrictive, therefore there are a wide range of development finance specialists lending in this market. It is recommended that you seek professional advice in order to find the right deal for you.

Development finance is most popularly used in the UK for such projects as property refurbishment, property conversions and new build projects. Additionally, there are various types of development finance which undoubtedly adds to the confusion and uncertainty surrounding the term.

For example, a senior debt loan usually covers the first 70 to 80 percent of loan to value although it can be arranged against gross development value. A mezzanine Loan is a second charge loan on top of the senior debt loan, usually used to fund costs on one property while a developers financial resources are tied up elsewhere. Finally, joint venture 100 percent finance contracts you with an experienced partner who underwrites the project and shares the profits upon completion.

Property development is about having a vision; it is about understanding the market and turning that vision into a reality. However, developers often have problems getting the finance right and knowing what products are available and which lenders to use can be confusing. Finding the right form of development finance for you depends entirely upon your financial needs, whether you are a homeowner wishing to refurbish, a business looking to expand or an individual with a vision to start anew.

Funding is also available through this method for community projects which aim to provide, economic development, affordable housing and community development financial services. Therefore, development finance is determined entirely upon an individual assessment made by the lender. All aspects of the development proposal have to be faultless in the eyes of the lender before they agree to provide funding. Lenders look meticulously at development characteristics such as land purchase, ground work, labour and services, first and second fix and then sign off. In the difficult current market, lenders have to be more careful when choosing which developers to back, they are much more likely to support a developer with experience in the field than someone new to the industry.

Development finance lenders are there to build a relationship with the developer in order to share their vision and provide the support needed to make that vision a reality. No matter what particular development loan you have opted for, most can cover building costs, labour, architect, and professional costs. Property development loans will be secured against the land or the property you wish to develop. Traditional forms usually require a 20 to 30 percent deposit, whereas more recent forms are now available for debt, to release equity or mezzanines.

Loan to Value rates and interest rates vary depending upon experience and percentage of funds required for development. However, there are various client benefits to development finance, it can be raised quickly and each case is assessed on its own individual merit. Additionally, the lender will be continually on hand to support the developer with advice and help manage the development funds. No matter what you decide to do with your completed project, whether you plan to sell in order to start the next project or whether you retain the project for investment purposes, development finance is a flexible solution to suit your financial needs.

Finance Online Has Reached Unbelievable Heights

A few years back, if anyone said that loans could be availed online, they would have been laughed at. Today the Internet has made everything possible to the world. One of the most important features online is the finance. It has plenty of options for those who are interested in the field. It does not necessarily mean jobs.

Finance in all ways is being accessed online. There are banks that offer banking online, and they also allow users to apply for loans online. Most people today use the online medium for financial transactions. This industry is worth several millions of dollars, and it is also growing every day. Even the stock market is working without going anywhere.

People are raising money for businesses online from various parts of the world. This is the most unique aspect of the finance department online. One can sit in one corner of the world, and run the business on the other. A lot of people today prefer to use the online methods to handle their finance today.

They are sick and tired of queues at banks and other places. They also feel safe, as a lot of money is being spent on keeping the sites secure for transactions. There will be a lot of skepticism when it comes to such transactions, and initially people may have a lot of doubt about operating this way. However, there could be a lot of changes after it has been used.

It is very important to use safe channels, as there could be a lot of scams online. Thus even if one chooses to handle online finance, there will be the need to check all the ways. It will be ideal if any user is completely educated about finance as well as the Internet before making transactions. But every day, there are new users who are beginning to use these facilities.

It is also very interesting to note that there are a lot of people who are employed in this field online. They could be bank officers, or dealing with the stock market, financial advisors etc. A lot of money is also being spent on this sector. It could be with maintenance, jobs, and many more aspects of the field.

People now need not worry about trusting anyone with their funds. All they need to know is how to handle the ways of the Internet and they can do it on their own.

The Financial Collapse Caused To Retain The Assistance Of Financial Services Public Relations Firm

After years of unprecedented success in the financial realm, the United States has finally suffered a server setback that threatens to derail the progress that has been made. The financial collapse and near worldwide meltdown has put many a previously confident financial services providers back to square one in terms of gaining the publics trust. Many individuals, rich and poor alike, from every conceivable background and line of employment, have lost faith in the financial sectors ability to run independently of government supervision and intervention. The recent bank bailout has re-raised the debate over the role the federal government should play in regulating the economy. Extremists on both sides of the debate are quick to point out the flaws in each others plan, but sometimes can forget to other concrete potential solutions to real world problems. Pro government intervention advocates are quickly labeled as socialists, while anti government intervention advocates are derided for their perceived lack of empathy for low income households. Only through a happy medium can the financial sector recover, and regain the publics trust in the process.

The recession has caused rampant unemployment, and wages have been stagnant as the cost of living has steadily been increasing. This fundamentally disparity has reached critical mass and only through careful government oversight, combined with prudent fiscal decisions made by the average individual can hope to rescue the United States from financial collapse. This is, however a difficult sell, as many Americans from every walk of life blame the financial sector for being too greedy and ultimately causing the worldwide financial crisis, which has had an adverse effect on peoples lives. This is why many different types of financial service providers, such as stock brokerages, mortgage houses, and financial planners have sought the assistance of a firm that specializes in the unique field of financial services public relations. This may seem like a ridiculous and unnecessary enterprise, but after viewing the hateful and vitriolic rhetoric being spouted against the financial sector, it should become incredibly clear that a firm that specializes in the unique field of financial services public relations is the only surefire to resurrect the reputations of financial service providers as these companies try to play catch up and try to repair the world economy without causing further damage.

Despite the intense hatred many people still unfortunately feel for the financial sector, a firm that specializes in the unique field of financial services public relations can effectively control how information about a particular financial services provider disseminates through the usual channels. It is in this manner that a firm that specializes in the unique field of financial services public relations can help to repair the reputation of the luck financial services providers who retain their services. This is achieved by promoting the positive aspects of the financial services providers business while downplaying the negative aspects. By focusing on how a particular financial services provider benefits their community by increasing overall wealth and bringing money to local businesses, a firm that specializes in the unique field of financial services public relations can show that financial does have a positive side, and can therefore be trusted with future economic decisions. This factor is incredibly essential in securing future business. Many financial services firms have suffered more than others and these unfortunate companies usually have the worst reputations. A firm that specializes in the unique field of financial services public relations can help repair these reputations before its too late.

Divorcing A Narcissist 4 Tips For Leaving Successfully

Going through the process of a divorce is not easy, and rarely pleasant. It is a huge loss to be dealt with emotionally, and there are many practical considerations to be managed as well. There are issues surrounding the loss of an ideal picture of marriage and family, the breaking of a commitment, the loss of the intimate relationship you once shared with your spouse, financial issues, living arrangements, the impact on mutual friends and family members, and of course the effects on your children. Unfortunately, if your spouse is a narcissist, these issues can become even more contentious and difficult to settle.

Chances are, you are getting a divorce because your partner continually commits bewildering, confusing, and destructive acts. When the divorce becomes a reality, it is likely that the gloves will come all the way off and you will experience even more hurtful behavior. Lacking in empathy, and not receiving the accustomed “narcissistic supply,” (admiration and attention) from you anymore, you might be discarded as worthless to the narcissist and any faade that your spouse put up to keep you in the relationship may drop. It is important to stay as collected as possible in this situation, and stay as focused and unengaged emotionally with your spouse as possible. He or she is not the person to go to for help or emotional support. Here are 4 practical tips for leaving the narcissist successfully:

1. Cover your legal bases and do it soon. Anytime there is property, significant assets, and/or children involved, an attorney is very important. Enlist the services of an attorney who you feel safe and secure with, and who understands the dynamics of a potentially “high conflict” situation, as well as a thorough understanding of more peaceful alternatives like mediation. If the attorney glazes over or dismisses you when you bring up narcissism, find another attorney to work with.

2.Make some immediate financial preparations. In the short term, make sure you have access to money. Get a credit card in your own name, while your credit is still combined with your spouse’s. Open a bank account in your name as well, and stash some emergency funds in it, just in case. Court orders are designed to protect you from having your access to funds blocked by a spouse, but it is always wise to expect that your partner may not “play by rules.” Make copies of all financial records and information tax returns, W-2’s, paystubs, loan information, insurance policies, employee reimbursement accounts, mileage plans, car titles, property appraisals, bank statements, credit card statements, 401K statements, investment statements, and the like. Your attorney can give you a complete list of all documents needed. See a financial planner for advice about settlements and future outcomes.

3.Log and document everything times, dates, and events. Record all the immoral, unethical, illegal, and destructive acts your spouse commits. This is particularly important if you live somewhere where there is fault assigned to divorce, or if you have child custody issues. If you have concerns for your children’s safety with your narcissistic spouse and he or she doesn’t agree to your custody terms, you might want to ask for a custody or parenting time evaluation. These can take many months so be sure to request it right away if it is necessary.

4.Avoid interacting with your narcissistic spouse, except as absolutely necessary. Avoid personal conversations, or assimilating his or her criticisms or manipulations of you. Remember, it is likely your spouse will try to belittle, dumbfound, or cause you to question your perception of reality. Be careful what information you share, keeping in mind it may all be used against you later.

Practice Test Paper & Mock Test Of Nism Series

National Institute of Securities Markets (NISM) is a public trust, established by the Securities and Exchange Board of India (SEBI), the regulator for securities markets in India. It is located in Navi Mumbai, India. Towards accomplishing the desire of Government of India and vision of SEBI, NISM has launched an effort to deliver financial and securities education at various levels and across various segments in India and abroad. To implement its objectives, NISM has established six distinct schools to cater the educational needs of various constituencies such as investor, issuers, intermediaries, regulatory staff, policy makers, academia and future professionals of securities markets. NISM seeks to add to market quality through educational initiatives. It is an autonomous body governed by its Board of Governors. An international Advisory Council provides strategic guidance to NISM.NISM brings out various publications on securities markets with a view to enhance knowledge levels of participants in the securities industry.

NISM is mandated to develop and implement online test certification for professionals employed in the Indian securities markets. NISM certification tests are designed to deliver financial and securities education at various levels and across various segments. There is no eligibility requirement with regards to age as well as educational qualification to take the NISM exam.

NISM Test or NISM module includes:

NISM-Series-I: Currency Derivatives Certification Examination

NISM-Series-II-A: Registrars to an Issue and Share Transfer Agents Corporate Certification Examination

NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents Mutual Fund Certification Examination

NISM-Series-IV: Interest Rate Derivatives Certification Examination

NISM Series-V A: Mutual Fund Distributors Certification Examination

NISM Series-VI: Depository Operations Certification Examination

NISM-Series-VII: Securities Operations and Risk Management Certification Examination

NISM-Series-VIII: Equity Derivatives Certification Examination

Certified Personal Financial Advisor (CPFA) Examination

The tests aim to impart working knowledge to the candidates on the basics of concerned markets, like currency derivatives markets, interest rate derivative markets, mutual funds, asset management, financial planning, securities market, depository systems, regulatory framework and the ability to analyze and evaluate different financial products and provide effective financial advisory.

Intelivisto, in-line with the objectives of SEBI & NISM, have already started taking different measures for financial education among the masses and budding professionals. These measures are in form of various Securities Market Certification practice tests and Seminars & Workshops on related subject-matters.

Intelivisto.com offers the NISM mock, chapter wise and full length online test for the preparation of NISM exams. Tests designed by Intelivisto experts are as per the parameters set by apex securities market institute NISM. These tests feature 1000 – 1500 questions. Tests carry the same pattern and testing mechanism as set for NISM online tests. Full length tests cover the questions from units in same ratio as set for respective NISM test and analysis of aspirants performance with detailed report at a microscopic level with intelivistos assessment tools.

Loans No Upfront Fees Quick Money At Affordable Price

Many times when an individual go for a loan, he may face upfront fee and complexity. If you are worried of getting charged highly and looking for some feasible loan assistance, loans no upfront fees are beneficial loan service. These loans are best applied when you are in financial emergency. If you are looking for the best solution and need genuine financial support, apply with these loans for better loans support.
To get the approval of loans no upfront fees, there is several eligibility criteria that are requires such as:
1.The applicant should be a permanent citizen of UK
2.He should possess a valid and active checking account
3.He must attain the age of eighteen years or more
4.A regular employment is also needed
5.Earning a stable income of 1000 per month
6.Hold good enough repayment ability.
Moreover, do not bother about your imperfect credit scores as same day loans do not follow any credit checking process. Thus, it does not matter if you are having any bad factors in your credit account such as insolvency, foreclosure, bankruptcy, CCJs, arrears and so on. Lenders do not restrict the applicants on the basis of the credit status.
Its short term nature does not demand any collateral from the applicant. Thus, one can enjoy this loan aid without any assessment and paper work hassle. The loan amount that you can borrow can be depending upon your monthly income varied from 100 to 1500 with easy repayment period of 14 to 31 days.
Get applied with easy and fast method of online application method which is quick and instant in nature. Just complete a single online application form with few required details regarding your income and checking account number. Once you get verified, the money will directly transfer in your checking account within the matter of hours. Find the affordable deal of this loan by making a proper online research. Making little negotiation with the lender is also helpful in lowering down the rates.

Tips To Make Decision About Giving Credit To Customers

If you are deciding to give credit to your customers then you should take into account some considerations to see whether it is your right decision or not. Offering credit facility to customers can effect very badly if you dont judge the whole financial position of your concern at first. It is always proved as risky but if you get the right trick then it can be much fruitful for your business.

Giving credit facility to your customers means that you are taking the risk of being paid in future. It can be uncertain too. If you make any quick approach over this matter you can face huge lose due to the payment you have to make for the goods you are selling in credit. It can hamper your valuable time, which you spend to provide that very service and you can understand how much worthy the time in business activities.

Before making any decision you should be forward in taking possible measures to reduce your risk involved in this service so that it cannot hamper your profitability. Get your financial structure clear in front of your eyes and then evaluate the risk in the payment procedure of the customers if you provide them credit facility and also decide how much level of risk you can have without any trouble in your business activities.

If you provide the customers credit facility with cash payment, it will be to some extent of small risk. In that case you should be concerned in checking the counterfoil bills. You can take the credit cards for the payments from the debtors as well.

It can also reduce the risk to some extent if you are not ignorant about the procedure to check the signature and expiration dates of the credit cards you are given. There can be the case of fraudulent or stolen credit cards if you dont give your concern into that matter. Payment in checks can be safe because banks are involved in that.

While making any credit agreement with the customers you need to take into all the terms and conditions included in that agreement and those should be clear to the customers. It should be in simple language so that the customers get to know the credit policy you are offering and that can remove the complications.

Also you should be careful in making decision to offer credit facility to your customers as it can make bad effect in the relationship you have with your customers. Dont let it be hampered because that can cause disastrous to your business. If possible look into the customers credit history and when it is not possible get an idea of
their payment ability.

The above items can only help you to decide your credit policies to the customers but you have to remember that there is no such rule that can reduce all the risk involved in this matter, you just have to follow make balancing between your credit facility and your profitability.

Payment procedure should be selected according to your financial position. To make more profit dont indulge yourself in taking a huge level of risk. Take the risk to the extent as much as the financial position allows you to take.

The credit application and credit agreement should be signed and be filled out. Dont forget to evaluate the past records of payment of your respective customers and thus the offer of credit facility can definitely prove to be beneficial to your business.

6 Tips for Long-Term Entrepreneurial Success | Surviving the Business “Hump Year”

The third day of the week is commonly known as “hump day”. Every hardworking individual breathes a sigh of relief once this day has passed and the weekend is within reach. According to Forbes, this is also true for businesses. The “hump year” – the third year in a business’ history – is a business’ moment of truth.

In the first year of a startup, the focus is on creativity, planning and how to bring ideas to life. In the second year, the focus shifts to making things run smoothly and ironing out any kinks. After spending the first two years really honing your product or service, the third year becomes the make or break year. It is during this “hump year” that it is necessary to step outside comfort zones and push for profitability and market acceptance.

To help your business reach success in its fourth year and beyond, consider the following tips:

Create scale – Developing scale, or failing to do so, will determine whether or not your business successfully pushes past the “hump year”. In the words of Forbes contributor, Billee Howard, “Don’t ever try to be all things to all people but do make your offering accessible to as many audiences as possible. Only through true scale can a business create the kind of depth required for long-term success.”

Be Patient – Success is almost never immediate, and it comes in many different forms. While your cash flow may be great, for example, you may have issues is liquidity. Success requires patience, and a dedication to shifting focus when necessary. When progress stalls, it may become necessary to grow new business offerings and diversifying the client base.

Spend money to make money – Because “hump year” often requires more marketing and promotional efforts, you’ll need to find a healthy balance between maintaining a positive cash flow and investing in your business. This may mean cutting back in different areas, including your own salary (if you’re the owner). In most situations, expansion, growth and development will require tapping into earned capital.

Crush comfort and complacency – If you want your business to achieve success in the long-term, there is no room for comfort zones. Change is vital. It is only when you push your company to new points of discomfort that it will discover new paths of growth and profitability.

Learn from missteps – If you’ve reached your third year in business, you likely have a list of missteps experienced along the way. In order to run a successful long-term enterprise, you must be flexible enough to learn from past mistakes. When necessary, the ability to switch to a Plan B instead of going with Plan A is imperative.

Thoroughly research funding options – Many businesses make the mistake of going with the first lending source that will work with them. Others, who fail to qualify with traditional lenders, turn to personal savings, family and even credit cards to fund their startups. If you’re in need of working capital, consider what a small business loan with an alternative lender – like First American Merchant – can do for your business in terms of both growth and expansion.

Best Approach To Evaluate Company Success

To evaluate the performance of any company is most essential thing to find out for company users like board of directors, owners and even employees. A big company has number of stake holders as many people are associated with the performance of the company.
If company performs good then everyone will happy but unfortunately if something is going wrong with the performance of the company then many complications may arise. For example if company performance graph is going down continuously then its very likely that the suppliers will think about the future contracts with the company.
Similarly company having bad performance will also lost its most useful asset, yes its man power. Many experienced employees will contact with your competitors to get secured jobs.

There is many myths regarding measuring company performance. Still many owners think that only profit figure shows the level of success. Its not more applicable in this modern world. Now different parameters have to be followed while measuring company performance.
We need a balanced scorecard to evaluate the performance of company. There are four basic factors that will be focused to get the proper performance report.
1. Financial:
The importance of financial consideration is paramount in most situations but not in all situations. No one can deny the importance of financial facts and figures but these figures are not the only parameters. We would have to look on other aspects of success.
2. Customer perspective:
Its the most important factor by which anyone can estimate the performance of the company. Like if company is making huge profits but their customers are not properly entertained then its likely in the reduction of customer retention rate. Other factors include in customer perspective are on time delivery, percentage sale of new product and customer complaints.
3. Internal process perspective:
In this component we will focus on the internal procedure of the company in order to meet the customer requirements.
4. Learning and growth perspective:
Finally we have this perspective; in this we focus on how an organization is improving its innovative skills. Is company is working in some innovative way or still using the old and out dated procedures for manufacturing.

Now at last I would like to say that no one can evaluate the performance by using only one perspective, managers would have to use this balanced score card to get the actual and more realistic results. If company is making handsome profits then we cannot declare that organization is making progress, as financial success is only matters in short run. If manager is neglecting any component of this score card then it will be very bad in long run.

Innovative Financial Advisors Pvt. Ltd. The Economics Of Waste

Taking a leaf out of Shakespeare one can say To Recycle or Not to Recycle is a dilemma that is often faced by people. The confusion is at every stage of recycle starting from what should be labeled, which bin the material needs to be put in and what the municipal administration accepts. All these processes actually determines which product is to be recycled.

Innovative Financial Advisors Pvt. Ltd. understands all these issues are common as consumers are not able to understand while dealing with wastes such as plastics, as to what makes the material recyclable? This common problem persists across the globe. People need to realize that when it comes to nature nothing goes to waste. Any waste that is generated is a resource that can be used by other organisms. The nature cycle is in loop system where a waste of one organism becomes food or resource for other organisms.

Today, it is believed that majority of the things are recyclable or it has the potential to be recycled. It is important for an emerging economy such as India to think on sustainable lines and promote start-ups in waste management sector. These enterprises can develop recycle processes for many different waste streams which were previously thought to be non-recyclable. Some of the materials than can be targeted are cigarette butts, plastic pouches, chip bags, diapers etc. All these can be recycled into useful products such as industrial plastic lumber etc. Therefore, it is important to look into all the waste that we once considered non-recyclable.

One major factor that creates hurdle in the recycle process is the economic barrier that restricts recyclability of materials. Innovative Financial Advisors Pvt. Ltd. understands that in order to recycle a material, it is important that collection of waste happens in bulk. After collection, the wastes need to be separated, which gets difficult as wastes might be multi-layered or might have container made of plastics. The material gets recycled only once the entire process has taken place. Moreover, such a process has cost attached to it and when a recycled material is worth more than the cost involved in recycle, then only is it considered feasible and can be sold in open market. If the process costs more than the value of the recycled material, it doesnt make any sense to recycle. With other factors such as infrastructure and technological advancements creating bottlenecks, more often than not it is economics and not science that determines what is to be recycled.

Therefore, in order to ensure that the recycle process is feasible, the following suggestions can be adopted:

Commencing the waste management from the manufacturing stages of products

Establishing recycle centres and other adequate infrastructure at district level nearby the collection points reducing transportation costs

Creating awareness about waste management among local communities

Improved collaboration among various stakeholders in the waste management value chain

Incorporating advanced technology in the waste management processes

Promoting recycled products among local communities

Incentivizing waste management to promote startups and encourage involvement of large organizations

These initiatives can ensure the cost of recycle products gets reduced and recycled products are consumed more.

By Rahul Choudhury
Media Team Innovative Financial Advisors Pvt. Ltd.