Commercial Loans – Take All Aspects In Consideration

As the saying goes, taking a loan is easier than surviving with it. A shrewd businessman is one who borrow but with an eye to repay it as soon as possible. Sometimes, business requirements arise because you get a new business order hat is hard to manage within your own business funds. You obviously cannot afford to lose big business opportunity only because the funds are not there.

These and other similar situations force you to take help of external sources of financing. These sources may be temporary or permanent, depending on the nature of funding. Large body corporate often have huge financial needs, and therefore, they resort to public financing by inviting deposits or going for a ‘rights issue’ meant for the existing shareholders. On the other hand, a new business concern or sole proprietorship undertaking would obviously not be able to take benefit of that sort – neither are these meant for them.

Before applying for commercial loans, first of all decide the type of debt financing that your business firm will be comfortably able to get. If you do not own any property in the name of firm, secured commercial business loans are out of question. You will have to rely on loans that do not require any security. These loans will offer you a limited amount – upto £25,000. The interest rate is likely to be little more than what you can get by pledging some property. The amount of loan that you can qualify for can be increased by involving some property in the loan transaction.

How To – Launch a Graphic T-Shirts Website in 24 Hours

1.) 8:00 AM: REGISTER A DOMAIN NAME. This takes up to 24 hours to go through so start out by getting yourself an on-target graphic t-shirts domain name. One that happens to be available right now: RadGraphicTees.com. It includes one of the most searched keywords in terms of graphic t-shirts: graphic tees and is fairly easy to remember.

2.) 8:30 AM: HOST YOUR DOMAIN. Find cheap hosting for around $9 per month with minimal bandwidth to begin with. You can later upgrade later once there is more demand for your graphic tshirts. Make sure you have MySql and php abilities and at least 5 Gb of space.

3.) 9:00 AM: BUILD YOUR GRAPHIC TEE WEBSITE. Hopefully you know some html and/or php – MySql. (If you don’t, you have many options, which I will go through later. ) Start simple with your graphic t-shirts site design. Be minimal and use large images. Follow the example of the leaders in good design such as Threadless or Indie Shirts. Avoid using unnecessary Flash and keep your code clean. Include strong calls to action: “buy”, “buy”, “buy”. Remember your goal: you want visitors to not only like your website, but to purchase your graphic tees. First mock-up the design in Photoshop, then code it. As for creating the e-commerce functionality, you may need to rely on a web developer if you have only basic skills. Otherwise, there are solutions through WordPress and Joomla extensions, Paypal, and countless online services to help you with this. Good luck. This will most likely be the most stressful part of your endeavor.For those who do not know how to code html or know anything about making a website, install WordPress to post each graphic t-shirt one by one, each with its own post. This is a different kind of website for graphic tees, but will still work. Just make sure to eventually customize your look and add your e-commerce functionality later down the road when you learn how. At first you can simply try and create buzz around your t-shirts and sell them later.

4.) 9:00 PM: DESIGN YOUR GRAPHIC T-SHIRTS. To have a line of t-shirts, you only need one t-shirt. To begin with, come-up with an idea. Refer to my guide on how to do so if you need help. Adobe Illustrator and Photoshop are a great place to start. Look for free vector images if you want to add anything besides text to your graphic t-shirts. Your tees should deliver a message and look cool at the same time. Also, try and make them original so that your website in particular stands out as a place to go for great graphic tees.

5.) 12:00 PM: PHOTOSHOP YOUR DESIGN ON TO BLANK T-SHIRTS. Until you have printed any graphic tees, simply take your designs and Photoshop them on to blank t-shirts. One color of each design will do, with other colors available. Place your cool graphic t shirts on a background that is plain, making them easy to see, or that says “urban”. You can start printing a limited number of t-shirts right after your website is launched, and based on demand. Crop these to the right size and upload them to your graphic tee website.

6.) 5:00 AM: ANNOUNCE YOUR NEW GRAPHIC TEE WEBSITE. Use an online press release agency, go to every single graphic t-shirt blog you know – or that you find through Technorati – and post information about why your new graphic tee website is the best. Once your site goes live, be sure to use StumbleUpon to drive traffic to this fresh content. Digg a blog entry about your website if you create a blog (it’s a good idea).

7.) 8:00 AM: (if you are still awake) GO TO BED. YOU JUST CREATED AN ONLINE GRAPHIC T-SHIRTS STORE.

Avail Ready Finance For Business Through Quick Commercial Loans

Business people always require finance either for starting a new venture or for expanding the older one. The finance must come to them easy and quick. Considering their urgent requirements, loan product quick commercial loans has been specifically designed. Business people can utilize quick commercial loans for making investments in infrastructure, buying products and services, starting new project or expanding the established one.

Business people are required to furnish some details of their business before the quick commercial loans deal takes place. They are supposed to give audited financial statement of last 3 years in case of starting a new business. For expanding the business, lenders may ask business financial statements, balance and profit-loss statements. Lenders would like details of owners, partners and stockholders of the business as well.

Business persons can avail quick commercial loans either in secured or unsecured form. To take secured quick commercial loans, also called commercial mortgages, borrowers should place commercial property with the lender as collateral. With the loan secured, lenders provide business people quick commercial loans anywhere in the range of £50,000 to £50,000,000. Larger loan will depend on the higher equity in the collateral.

Because of the secured nature of the loan, interest rate remains lower on quick commercial loans which infect can be brought down once the borrower compares different loan packages. The interest rate comes in variable and fixed options. Under fixed rate, interest rate and monthly installments amount are predetermined and borrowers know how much they have to pay and thus they can plan the loan. The interest rate in variable option can change any time according to the market and borrower may be paying higher rate if it goes up.

There is a larger and comfortable repayment period of 12 to 25 years to the borrowers in case of secured quick commercial loans. The loan amount and repayment duration, however, should be chosen carefully keeping one’s financial capacity in mind.

For availing unsecured quick commercial loans, borrowers should produce concrete proof of their repayment capacity and business profile. Credit score of these borrowers counts a lot in settling the loan deal.

Even if you are labeled as bad credit, availing quick commercial loans should be no problem provided you have a plan of loan repayment laid down before the lender to win his confidence. Make efforts to take your credit score closure to acceptable level of 720 in FICCO scale which ranges from 300 to 850. A credit score of 580 and below is considered as bad credit. Have your credit report checked and make it error free and also pay off your easy debts to show improvements in credit score.

Apply for quick commercial loans online as this way, out of numerous loan offers; you can pick up the one having lower interest rate.

Quick commercial loans become an instrument of sound financial health for business people if a lot of thought goes into availing it. Be particular in paying monthly installments at due date.