It’s time. We’re talking about purchase order finance in Canada, how P O finance works, and how financing inventory and contracts under those purchase orders really works in Canada. And yes, as we said, its time… to get creative with your financing challenges, and we’ll demonstrate how.And as a starter, being second never really counts, so Canadian business needs to be aware that your competitors are utilizing creative financing and inventory options for the growth and sales and profits, so why shouldn’t your firm?Canadian business owners and financial managers know that you can have all the new orders and contracts in the world, but if you can’t finance them properly then you’re generally fighting a losing battle to your competitors.The reason purchase order financing is rising in popularity generally stems from the fact that traditional financing via Canadian banks for inventory and purchase orders is exceptionally, in our opinion, difficult to finance. Where the banks say no is where purchase order financing begins!It’s important for us to clarify to clients that P O finance is a general concept that might in fact include the financing of the order or contract, the inventory that might be required to fulfill the contract, and the receivable that is generated out of that sale. So it’s clearly an all encompassing strategy.The additional beauty of P O finance is simply that it gets creative, unlike many traditional types of financing that are routine and formulaic.It’s all about sitting down with your P O financing partner and discussing how unique your particular needs are. Typically when we sit down with clients this type of financing revolves around the requirements of the supplier, as well as your firm’s customer, and how both of these requirements can be met with timelines and financial guidelines that make sense for all parties.The key elements of a successful P O finance transaction are a solid non cancelable order, a qualified customer from a credit worth perspective, and specific identification around who pays who and when. It’s as simple as that.So how does all this work, asks our clients.Lets keep it simple so we can clearly demonstrate the power of this type of financing. Your firm receives an order. The P O financing firm pays your supplier via a cash or letter of credit – with your firm then receiving the goods and fulfilling the order and contract. The P O finance firm takes title to the rights in the purchase order, the inventory they have purchased on your behalf, and the receivable that is generated out of the sale. It’s as simple as that. When you customer pays per the terms of your contract with them the transaction is closed and the purchase order finance firm is paid in full, less their financing charge which is typically in the 2.5-3% per month range in Canada.In certain cases financing inventory can be arranged purely on a separate basis, but as we have noted, the total sale cycle often relies on the order, the inventory and the receivable being collateralized to make this financing work.Speak to a credible, trusted and experienced Canadian business financing advisor as to how this type of financing can benefit your firm.
All Natural Skin Care – What Does it Mean and Why Should You Care?
As we get older our skin ages, and as we start to notice ageing skin our thoughts turn to skin care. Today I want to examine the problems with mainstream anti aging products, find out what all natural skin care is and why this is important for you to know.Anti aging products are supposed to be good for us. They are supposed to reverse the effects of skin ageing and to reduce the visible results, namely wrinkles, skin sagging, fine lines, age spots and more. Using skin care products is supposed to be a positive in our life.But unfortunately for many people this is not the case. The numbers of people who suffer from allergies, skin irritation and skin problems like eczema from the use of mainstream big brand skin care products is huge. I know this because it’s happened to a member of my family and because I spend my time researching this.And there is one simple reason for this, a reason that does not apply to all natural skin care products.The reason is this. Many of the antaging brands that you may take for granted and perhaps even use every day contain a range of chemical and petrochemical ingredients, many of which are known to cause cancer and many of which lead to skin problems as well as other health problems.I spend much of my time researching skin care products and looking at the health implications of many of the chemical ingredients which are used in them. For example just this morning I was reading the results of a study done on mice which has been published in the Journal of Investigative Dermatology which concluded that the use of moisturizers containing sodium lauryl sulphate increase the risk of skin cancer in mice by 69 percent.This is just one of the hundreds or even thousands of studies which have shown that many of the chemical ingredients used in modern big brand name skin care products can have a range of health implications. Ingredients such as mineral oil, parabens, sodium lauryl sulphate, fragrances, petroleum products and more are all used in many if not most of the big brand anti aging products that you see on the shelves every day. And each of these has been shown in various studies to put consumers at risk of health and skin problems.There are a wide range of well-known natural ingredients which are firmly established to be very beneficial to the health of your skin and which are perfectly safe to use in anti aging products such as all natural anti aging products. These ingredients are known to be safe and in many cases have been eaten by generations of people without negative health implications.Of course these natural ingredients are all available to any company to use in it’s anti aging products. However with billions of dollars at stake in this industry competition is voracious, including competition on price. Whilst all of these natural ingredients found in so many good all natural skin care products are relatively expensive chemical ingredients such as mineral oil and sodium lauryl sulphate are extremely cheap. These companies use cheap ingredients so that they can market their products at a competitive price and include in the budget plenty of money for television advertising.However this situation offers an opportunity to new players in the market, and to some older players, to develop products which take advantage of the growing awareness of the problem of chemical ingredients in anti aging products. These niche companies produce excellent all natural anti aging products using ingredients which are known to be safe and which are highly effective, and usually more so than the chemical ingredients used in the big brands.All natural skin care products work very effectively, and if you choose wisely they are perfectly safe for you to use on your skin, regardless of skin type, and will not cause any skin irritation or allergies or any other health problems.Note that I said “if you choose wisely”. There are many anti aging products advertised as all natural skin care products which contain many of the chemical ingredients used in the big brand names. There is no government regulation determining what can or cannot be used in anti aging products and what can or cannot be said on the label, so cheating is rife.The best all natural skin care products offer you an opportunity for excellent skin care without risking your health or your skin. They are highly effective and they need to be, because the best ones come with a money back guarantee to ensure that all customers are able to try the products risk free to establish for themselves how well they work.So if you’re becoming concerned about the problems with mainstream anti aging skin care products and you can be confident in the knowledge that, if you choose wisely, you can find excellent all natural skin care products that really do produce optimum skin health without the chemical risks.Visit my website to find out more.
Buying a Home When You Can’t Qualify For Bank Financing
If you’ve previously suffered from financial problems, you may believe there’s little chance to become a homeowner. Prior to the current mortgage industry melt down, an individual who filed bankruptcy could qualify for a home loan in just over a year. But today’s lending climate has made it nearly impossible to qualify for a loan with poor credit.Lenders naturally prefer borrowers with high credit scores. If you have bad credit, don’t give up hope. If you’re willing to expend some effort and time into reestablishing good credit, the good news is you can qualify to buy the home you desire. Plan to set aside six months to two years to reestablish your credit history.If you can convince a potential lender your financial dilemma was due to reasons beyond your control (such as divorce, business failure, medical bills, unemployment) or provide evidence you’ve become financially responsible, you might convince the lender to give you a second chance. But you need to be aware trying to restore your credit requires long-term planning, preparation, and hard effort.On the other hand, if you haven’t filed a bankruptcy or suffered financial problems, but still have other issues affecting your credit such as self employment or a new job less than two years, expect to face an uphill battle trying to qualify for a home loan. Because the mortgage industry is constantly changing, you should speak to a knowledgeable mortgage broker or representative about your available options.Another alternative to traditional financing is to consider owner-will-carry (OWC) financing. If you have no established credit, minimal savings, and a low paying job, this strategy can help you get your foot into the real estate market. Try locating mature homeowners who are fed up with managing their rental properties, but still desired the monthly income a rental property brings. These homeowners make great participants for owner-will-carry financing.By disposing the property to another party, these landlords eliminate the headaches of troublesome tenants, clogged toilets, and malfunctioning air conditioners. They simultaneously earn interest on their seller financed loans which will bring them significantly higher returns than a bank savings account or certificate of deposit.The wonderful aspect about owner or seller financing is the flexibility of lending to anyone the seller desires to, so long as the terms are mutually agreeable. If you can’t qualify for a loan from a regular bank, check out the option of OWC financing as a first choice. Numerous real estate investors and homeowners utilize this alternative without worrying about the hassles of qualifying with a regular lender.