Who’s Financing Inventory and Using Purchase Order Finance (P O Finance)? Your Competitors!

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.

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.

What Are the Most Important Things in a Nutrition Program?

Nutrition program can be defined as a process of taking in or consuming healthy and growth supporting food. With the changing lifestyle in urban areas every other person is surrounded with junk food or fast food temptation, but none of those unfit food stuff works the way a balanced diet does.A good or balanced nutrition for healthy living is a benefit for every age type, especially for those spending hours in gym or other physical activities. It is a well known fact that nutritional diet intake is full of benefits for every category of people and supports growth in teenagers and kids, while helping in maintaining healthy and fit body in adults.Before going to nutrition filled food and the important things in a nutrition program, you need to understand that nutrition does not only mean having lots of protein through the day or throwing calories away from your life or to skip a meal or to eat less. Nutrition or nutrition program is a process where a complete combination of all the nutrients should be present in day to day diet i.e. you can not just skip carbohydrates or fat from your food intake.Mostly people involved in workouts tend to suffer from weakness and late post-workout recovery due to incomplete nutrition intake. You may be having protein supplements, but your body will still be lacking in nutrition for the absence of other vital ingredients of a perfect nutrition program. A human body needs a well balanced combination of the three main ingredients of a nutrition program .i.e. protein, carbohydrate and fat. Along with these three main components, a nutrition program also consists of vitamins, minerals and adequate amount of water intake.A good nutrition program consist of vital steps or things to be taken care of, as it helps to ensure that the body is getting complete nutrition and does not lacks in any of the key ingredient. But, there are also things not to be done to balance and succeed in your nutritional intake. These ‘not to do’ things say – do not begin a nutrition program without a physical activity like exercising or cycling or brisk walking, do not skip your meals (breakfast or lunch or dinner), do not depend only on supplements and substitutes for losing weight or gaining muscle strength and do not skip or minus any of the three main ingredients mentioned.Another big mistake people tend to make in the name of nutrition intake or nutritious diet is by eating less or staying on fast through the day (with nothing but fruits intake). Often, eating less or nothing works towards slowing down or destroying the metabolism of a body.Some of the most important things in a complete nutrition program are small but 5-6 meals per day, little bit of everything, management of calories to a level or intake of good fat, lost of water intake through a day, addition of fiber rich food and inclusion of vegetables and fruits in daily intake.Experts believe that for a good healthy and nutritional intake one need to eat more than 3 meals per day. These meals should be 5 to 6 in number and less in quantity; also these small meals should consist of a balanced ratio of all the vital ingredients. This step of a nutrition programs helps to put an end to extra hunger or need for food and puts an end to starvation, also this helps to boost up the body metabolism and supports digestion system too. Next step comes as a balanced ratio of all the ingredients or little bit of everything i.e. to manage your 5-6 meals with lots of protein, required amount of carbohydrates, 20 to 25 % of fat per day and desired amount of vitamins and minerals.People in general are always afraid of fat intake and tend to shift towards fat free or low fat food products, but truth is that fat has its own vital role in a nutrition diet. Fat is required for providing energy, stamina and oil to the bones, muscles, tissues and cells in the body. Fat intake to a desired level (specially the essential fat or the good fat) is compulsory for not just those indulged in muscle building, but is also equally important for rowing children and ageing adults for lubrication of joints. There are three types of fats present in food, such as saturate fat, polyunsaturated fats and monounsaturated fats. Out of these three types, monounsaturated fats are the essential and good fats required by a body for growth, strong joints and bones, building of stamina and for maintaining a decent level of cholesterol in the body. It also is said to have good ‘antioxidant’ characteristics. Olive oil, canola oil and fish oil are some of the sources of monounsaturated fats; also this type of fat is present in both kinds of products (plant and animal).Objective of a nutritious diet is not just to provide health and growth to a body, but to maintain its vital function like metabolism and digestion. Adequate intake of water in a day works towards helping the body in performing these functions successfully. Water does not just prevent a body from dehydrating, but also act as a cleanser for body toxins. Water is needed in a body to support the breakdown of valuable ingredients within the body.Lastly, a balanced or perfect nutrition program can never exit without the intake of right amount of valuable fiber rich products like fruits and vegetables. To maintain a fiber level within a body is important enough to not to be ignored. You can always eat lots of salad or fruits between your main meals to fill your body with vital fibers required for performing digestive functions and to maintain the nutrition level of the body. Some of the source for fiber rich fruits and vegetables are: apples, pears, oranges, grapefruits, broccoli, spinach, lettuce, carrots, mushrooms and green beans.Thus, a good nutritional diet program is essential to make your body perform its vital functions with an ease.Copyright (c) 2008 Jason Szova