Financial Tips on Leveraging your funds
Many people don’t understand financing, and how finance affects their whole life. What we are going to discuss in this issue, is leveraging your funds. Many people understand the term but don’t understand how it’s used.
Leveraging your funds is taking instruments such as bank statements, also stocks, and bonds, using the instruments equity to obtain financing. For example you own one thousand shares of the company’s A stocks, and you don’t want to move your investment, but you need funds to use for another project. You can leverage your investment account with different banks and keep your shares at the same time. You can also look at this as you owning a home and securing a second mortgage on that home. You still live in the home as your primary residence, and you still own it.
Leveraging your funds is a great way to expand your portfolio there are some banks that will perform these transactions for you or you can just contact a financial adviser for help. You are also able to leverage some life insurance policies that you own also.
For business owners who are looking for working capital and need the financing fast there is a wide variety of companies that leverage your business bank statements and/or your merchant accounts. These loans are called working capital loans. Working capital loans are very expensive but depending on the genre of your business these loans work great for owners, and fast funding typically can have loan prepared and in your account in less than 48 hours.
So remember don’t sell those stocks for your next project just use them to your advantage and leverage..
Contact: David Wells | 419-503-3887