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Cash Flow Problems For SMEs Being Addressed

Cabinet Minister Francis Maude has revealed that the government is on course to more than double its expenditure with small and medium-sized firms from 2010 levels by the end of the month. This, combined with recent figures from the Asset Based Finance Association, will hopefully go some way towards easing some of the most common cash flow problems facing SMEs at present.

Speaking at the Public Procurement Briefing 2012, Maude said that 13.7% of its spending will go directly to SMEs by the end of March, which is up from 6.7% two years ago and equates to more than 6 billion.

He announced: “We said we wanted to improve things for smaller businesses and today we have shown that the measures we introduced a year ago are making a difference.”

It’s often said that the UK’s SMEs are the lifeblood of the economy, yet they have borne the brunt of the extensive cash flow challenges facing businesses in the last two years. Low demand, late payment and a restricted access to traditional forms of finance are perhaps the most severe causes of the cash flow problems small businesses are having to contend with at present.

For this reason, the development brings good news on two fronts as SMEs’ order books will be replenished and the government actively tries to pay suppliers within ten days of receiving an invoice. It is hoped that, eventually, 25% of all government expenditure will be to the SME sector.

Meanwhile, the cash flow problems caused by firms struggling to access credit have received an encouraging boost from the latest ABFA stats, which revealed that advances made to its members’ clients rose by 7% in the final quarter of 2011 on an annual basis to 15.8 billion.

This provides a stark contrast to traditional bank lending, which fell by a staggering 35% to businesses turning over less than 1 million in the three months to November 2011, according to the Bank of England’s latest Trends in Lending report.

Asset based finance enables firms to improve their cash flow by accessing the cash that’s otherwise tied up in a range of business assets. While there was a 7% annual increase in advances for pure invoice finance facilities, which solely release cash against the sales ledger, there was a staggering 84% rise in advances against plant and machinery.

The cash these facilities release can then be used to reinvest into securing new business, as evidenced by clients’ sales rising by 9% over the same period to 62.3 billion.

And with client numbers on the rise having increased annually by 1% in Q4 2011 to 41,496, and with 49.8% of clients turning over less than 1 million, it is clear that this form of lending is available to SMEs.

Can your business afford not to investigate asset based finance further?… READ MORE ...

Why It's Important to Screen Potential Home Care Aides for Your Parent

Why It’s Important to Screen Potential Home Care Aides for Your Parent

Hiring a home care aide to take care of your elderly parent can be a great decision. However, it’s only a good decision if you hire the right person for the job. One important part of this is running a background screening on them, which is something that a service can help you with. It’s important to screen potential home care aides for your parent for these reasons.

Why It's Important to Screen Potential Home Care Aides for Your Parent

Make Sure Your Parent is Safe

The most important part of taking care of your parent is making sure that he or she is safe. After all, you are going to be leaving your parent — who might be somewhat vulnerable because of health or mobility issues — in the care of this person. Performing a background screening with the help of one of the employment screening services can help you make sure that you aren’t hiring a potentially dangerous criminal to take care of your parent. Out of the many reasons to run one of these checks, this is perhaps the most important.

Choose Someone You Can Rely On

Another good reason to run a screening on a potential home care aide is to make sure that you’re hiring someone who is reliable. Someone who has bounced back and forth between different jobs or who doesn’t have a good credit score, for example, might not be someone who you can rely on to show up to work each and every day. Since you might be truly relying on this person to help take care of your parent, reliability is very important.

Make Sure the Person is Qualified

You might check out each potential home care aide’s qualifications and experience to make sure that he or she has the ability to take good care of your parent. Running a screening can help you verify that what you have been told is accurate.

Finding a home care aide for your parent is not easy. To make sure that you are hiring the right person for the job, use an online service to perform a background screening for these reasons and more.… READ MORE ...

Term Life Insurance for Nearly Anyone That Needs Coverage

Term Life Insurance for Nearly Anyone That Needs Coverage

Life insurance benefits are an important part of being able to make sure your family is not financially burdened should the time come to cover burial and other expenses. Guaranteed acceptance term life insurance is an easier way to get the necessary coverage without all of the hassles and questions with traditional life insurance.

Term Life Insurance for Nearly Anyone That Needs Coverage

Get Coverage When Age Makes a Difference On Cost and Acceptance

The cost of life insurance can seem slight when you are younger and considered to be in better health. Reaching the forties and fifties can change the cost and ability to get coverage dramatically. You may be in great health, but age can add risks that many companies don’t want to take without charging a huge premium.

Guaranteed Coverage for Those With Less-Than-Perfect Health

Guaranteed acceptance term life insurance benefits anyone that has experienced a few health problems that make it difficult to get accepted with traditional life insurance coverage. You can have the peace of mind you need that final expenses are met without your family struggling to cover the costs.

Choose the Term Life Amount You Need

The term life insurance amounts needed for each individual vary. You may only want enough coverage to pay for the funeral expenses, but anyone with children will be looking to leave something behind to help with educational expenses or a little start-up cash in life. You can leave your family taken care of without spending a fortune.

Guaranteed Coverage As Long As You Make Your Premium Payments

The modest premium payments are all you have to meet in order to keep your policy in effect. As long as the policy does not lapse, you have the coverage available.

The best way to ensure you have the policy you need is to get an guaranteed acceptance term life insurance today. It’s a quick and easy way to get the secure term life insurance coverage you and your family need.… READ MORE ...

Requirements For Getting a Car Loan

For Americans, the issue of transportation is the utmost importance, in some cases representing the key factor for getting or having a job. The public transit is not the solution in many cases because access in suburban job sites is limited. Sometimes, suburban jobs represent the only employment for persons with limited mobility, in order to work, be paid and survive.

People who are working in the suburban areas are not earning as much their counterpart in the urban cities, and because of their low income they will have many difficulties receiving any car financing or auto financing. It is all about good credit, bad credit and how much you are earning – Getting approved for loan can come down to as simplest of thing such as your family income or the household income. A person who is of medium or high-income earner will have no problem in getting a car loan for a decent car. In comparison, a person who is earning the minimum salary will be stopped by many barriers from his or her quest for a car loan.

In order to obtain a car loan, a person will need to fulfill all the professional and financial requirements. In most of the cases, as stated before, a good job can make the difference. Based on the persons asking for a loan, their credit score can define whether that person can get or not get the car loan approval. In some US cities, the dealers will offer car loans without any warranty or security, just to encourage and stimulate the people to obtain cars and to get car loans.

In the past recent years there have been created and developed a high number of organizations (more than 150 nonprofit organizations), which are offering low-income car ownership programs suitable for each and every person.

One of these non-profit societies is “Wheels to Work”, an organization that is helping the workers with low incomes to have reliable transportation with dependable cars, based on affordable terms. This low income car ownership has been developed in many US states, but New Hampshire is having the advantage of offering tax credits to the companies that are supporting “Wheels to Work”. In this case, the tax credits which are authorized by the New Hampshire Community Development Finance Authority can be applied against some of the state business taxes, such as: Business Profits Tax, Business Enterprise Tax, or Insurance Premium Tax.

Furthermore, the persons who are having a good education, and also a good credit, can be said that are having a slight advantage in getting a car loan or a car lease.

So, in order to sum up all the information stated till now in this article: there are opportunities in getting a car loan or a car lease by the persons with low income, but they need to search for low-income car ownership programs. In addition, they will need to try to get as well educated as they can, and also they … READ MORE ...

Make Money From Household Chores household finance definition

household finance corporation of californiaOne particular of the most frequently asked concerns about funds management is how to create a household spending budget that works. After all your non-controllable fees have been calculated and subsequently subtracted from the household earnings, by non controllable costs I imply the mortgage, credit card bills, loan repayments and so on i.e. these set amounts have to be paid or you will run into arrears, thus you have small or no control over them. A spending budget serves like a guide to give you control more than your finances and steer clear of overspending. Taking advantage of the capability of a money management application to generate it will mean less complicated record keeping, projections and allocate funds to cover your requirements.

It is also crucial to think about what you have been spending your funds on. This is where the written price range can aid once again. Do you go out to lunch everyday? How about that Starbucks double frappuccino you drink every morning? Or how several times do you take the loved ones out to eat each and every week? It all ads up and until you see it written down you may not see precisely how much all the little expenditure are hurting your finances. Studying to budget cash teaches you to modify your poor funds management habits.

Make Money From Household Chores household finance definition

South Africa has certainly created progress in terms of constitutional rights and access to heath(which is still poor) and education(has worsened a lot more than the Boer’s Bantu Education, to date), for example, but all advances are negated by the reality that the leaders have subordinated almost everything to neoliberalism, that is to say, they favored nation-constructing more than class struggle. Like many nations in the 1990s, south africa took a neoliberal turn, privatizing public property, introducing regressive taxation, and empowering (nearby and international) finance capital.

Make Funds From Household Chores average us household credit card debt

household financial management softwareThere are several varieties of budgets that a household can place into use nevertheless one particular of the most useful budgets around is the household price range. Recent developments do indeed location Zuma, who is now also the president of the country, at the centre of the net of corruption at the present timeI have written a Hub on this story. And it is clear that some inside the ANC hold him personally accountable for the drastic decay in the party’s morality. For a lot of, the present battle between Zuma and his minister of finance Pravin Gordhan is viewed as the culmination of in between those who view the ANC as a machinery for accumulation and these who hold correct to its historical mission as a car of liberation fighting for a far more socially just society.

With growing improvement activities all more than the African continent, China’s development finance has come beneath intense scrutiny over the last decade. To analyze recipient perceptions, Milner et al. (2013) have performed a field experiment that integrated … READ MORE ...

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