People who wish to set up their business ventures need additional funding to get going. Many banks and financial institutions help promising businesses with the same and in this article, we would be covering guaranteed business loan providers. You can check the following list out when looking for business loan providers. Wells Fargo Wells Fargo is one of the best financial institutions when it comes to guaranteed business loan providers in the market. It offers various other financial products. It claims to be a leader when it comes to small business loans. The unsecured business loan has varied loan amounts starting from $10,000 and going up to $100,000. The term for this product is between one to five years. Additionally, you can go for other loans offered by Wells Fargo, such as the Equipment Express Loan or the Advancing Term Loan. Capital One Capital One does not only offer good deals on business credit cards, its business loan is worth considering too. If you are looking at a funding source that can help expand your business or get going with the operations, then we highly recommend you to choose the business loan offered by Capital One. Starting at a minimal amount of $10,000 and a maximum term length of 5 years, the repayment term is simple and can be done on a monthly basis. Huntington Bank As a business owner, if you are looking for varied options with different interest rates, then Huntington Bank is a great option to consider. Its business line of credit is a good option to consider. However, apart from this, you must check out the business term loans offered by the bank. Huntington Bank has earned a reputation of being a top lender for Small Business Administration (SBA) loans. TD Bank TD Bank offers lines of credit as well as commercial and loans mortgages.

When we think of precious metals, gold and silver are two names that come first to the mind. Seasoned investors usually put their capital in these two metals to safeguard against the volatile stock market and inflation. Even central banks and other government entities choose to invest in precious metals. The US government is the largest investor of gold stocks in the world. But finding the best place to buy silver and gold may be difficult for beginners. Let’s take a look a the different modes of investment for these two precious metals. Exchange-traded funds (ETFs) There are many ETFs in the market. You can buy gold and silver from the stock market, just like any regular stock. Since the supply of mines is outweighed by hoarded supply in gold, its prices will only fall when hoarders sell and vice-versa. Beginners should start by looking into iShares Gold and Silver Trusts. Bullion Traditional buyers usually prefer to buy gold and silver coins in their physical form. The best place to buy silver and gold bullion coins is the US mint, or you can contact any local coin supplier. The American Eagle, Canadian Maple Leaf, and South African Krugerrand contain certain proportions of gold depending on the currency value. Silver coins are increasingly rare but available in the numismatic market. Certificates You can buy gold and silver in the form of certificates from brokers. If you don’t wish to deal with the hassle of storing precious metal, this is a good option. However, they aren’t worth anything in times of emergency since they are just pieces of paper, so getting insurance or mortgaging them is tough. Common stocks There are plenty of companies that deal in gold and silver. You can invest in their shares through the NASDAQ exchange. But gold and silver stocks are valued a bit differently than regular stocks, so research is needed before diving into this option.

Buying a home comes with a lot of responsibilities. There are a lot of risks that come with owning a home like the risk of theft and property damage. Investing in the right kind of home insurance policy is important so as to be financially prepared for these risks. There are several different companies in the market that offer home insurance policies with different kinds of terms and coverages. Remember the following points before choosing a home insurance policy. Explore your options As mentioned earlier, there is a wide variety of home insurance policies available to homeowners at this time. When selecting one, it is important to consider factors like what potential risks are being covered in the policy. It is also important to consider the company’s record in your area, whether they are reliable as insurance providers, and their response time. Ask about discounts Home insurance policy in 2021 offers additional services and discounts. They may offer discounts on additional safety installment services such as installing an alarm system, smoke alarm, or better locks. There may also be certain offers for old and retired personnel as well as some discounts for policies when taken via your employer’s or organization’s reference. Moreover, if you already have some policies with an insurance company and have been their customer for years, you may also be eligible for some loyalty discounts. Types of homeowners coverage Homeowners insurance can offer coverage in different forms. Some policies or companies offer actual cash value for the damages to the home or its belongings. Some companies deduct a certain amount from this actual cash value based on the current value of an item or belonging. Other companies also offer guaranteed (or extended) replacement cost/value, that is, payment of the full amount required to repair or rebuild your home.

For any industry to sustain itself in today’s world, implementing digital strategies has become indispensable. This holds particularly true for the financial services industry. The good news is that digital transformation in financial services has already begun, and we’ll likely see more and more innovative technologies underpinning banking and financial institutions in the coming years. Keep reading to learn about the latest digital transformation trends in the financial services industry. Big data and artificial intelligence The combination of big data and artificial intelligence is a revolutionary digital strategy that is shaping the future of banking and financial services. The technology helps institutions process, store, and drive valuable insights from the data they gather from their customers’ activities. Big data and artificial intelligence allow institutions to create a highly personalized experience, helping businesses attract and retain customers. Blockchain Blockchain is a fairly new technology that is becoming increasingly popular in the financial services industry. With blockchain technology, all transactions are permanently stored in the blockchain network, providing the highest level of transparency and security. Nobody can tamper with these transactions, which nearly eliminates the risk of error and fraud. Besides security, the technology is being explored for use in a wide variety of banking and investment applications. Biometrics The idea of digital or mobile wallets is convenient for most people. However, some people avoid using these services due to legitimate security concerns. And this is where biometric technology comes in. Fingerprint and face recognition technologies ensure that no one except the rightful owner has access to their funds. With the technology largely in place already, both buyers and sellers prefer using mobile payment over cash and checks. Cloud computing Cloud technology is on the rise in the banking and financial services industry. Cloud computing offers institutions a cheaper way to store and analyze enormous amounts of data.

Veterans or those on active duty can avail of VA loans for any financing purposes. The federal government guarantees these loans. However, to get them, there are specific steps to be followed for successful application. These steps include everything from looking for the best VA loan lenders to maintaining a stable credit score. Here are a few easy steps to make a successful loan application for veterans. 1. Get preapproval for the VA loan With preapproval, you can determine your budget. This process involves telling your VA loan lender about your homebuying goals, employment history, and military service. Some documents required during this process include copies of your driver’s license, DD-214 or Guard/Reserve points statements, recent pay stubs, and bank statements. 2. Look for VA-approved loan lenders Always shop for a lender who is an active participant in the VA loan program. The best VA loan lenders would offer several options and deals. The deals generally differ based on discount points, interest rates, and VA closing costs. If you face any difficulty, a loan officer can help you find the right VA loan lender. 3. Get an eligibility certificate A certificate of eligibility or COE is proof that you have met all the eligibility criteria for the VA loan. You can obtain the COE directly through the government’s online portal for VA. However, VA loan lenders also offer ways of applying for a COE. 4. Get a contract or purchase agreement signed A purchase agreement or contract is essential to get ahead with the VA loan process. This contract encompasses multiple contingencies, such as assurance of home inspection, the process of handling repair requests, the number of days for the buyer to secure the finances, and so on. A loan officer and real agent can assist you in preparing a robust contract.

Insurance helps cover unexpected costs and liabilities that may incur in the future. Investing in a decent insurance policy also protects your assets, be it rental or owned. If you are a business owner and own or rent vehicles that transport goods and consumables, you must invest in commercial vehicle insurance for the following reasons. There are several monetary benefits, some that also save tax in the long run. Some of them are mentioned below: Get additional cover Your regular auto insurance may not cover all costs that arise out of accidents or personal injury involving commercial vehicles. Also, most personal auto insurance policies are not valid for liabilities accrued out of vehicles used for business purposes. This is where commercial truck insurance will provide customized, comprehensive insurance suited to your business needs. Follow regulations The law in many states requires business owners to get a commercial vehicle insurance policy. The insurance is mandatory if your business transports goods and hauls heavy-duty equipment. Even if your company provides service from a vehicle, your auto insurance policy will not cover the liabilities. Any business, partnership, or corporation that owns vehicles for commercial use must buy this additional cover. Customized coverage One of the main advantages of buying commercial insurance is that you get custom cover for specific damage, repairs, or the replacement of certain parts. The insurance provides for anything necessary to protect your business interest from liabilities that arise out of an unforeseen circumstance. The semi-truck insurance quotes are available at competitive prices and can also be modified seasonally to avoid overpaying insurance. Employee coverage Some commercial policies also provide cover for employees who drive the vehicle. If any personal injury or liability arises from an accident or mishap involving the employee, commercial vehicle insurance will provide for these unexpected costs.

Veterans and military families can opt for refinancing offers that give homeowners an option to reduce the ongoing interest rate. VA Interest Rate Reduction Refinance Loan (IRRRL), also known as VA Streamline, is the simplest refinance option, which involves minimal paperwork and overhead costs. However, despite the substantial benefits every scheme is different, and it must be thoroughly discussed with an expert. What are the benefits of IRRRL? The interest rates will be fixed, contrarily to how they usually fluctuate depending on the market rate. Additionally, there’s the benefit of monthly payment savings once a family signs up for VA Interest Rate Reduction Refinance Loan. While the VA borrowers are entitled to 0.5 percent funding fee, that too can be waived off under certain conditions. If the veteran develops a disability due to their service, and is not compensated nor given retirement, the family surviving them are entitled to this benefit. How does IRRRL affect the year term? With the help of this VA IRRRL the term year of a loan can be adjusted. If your term loan is of 30 years, one can bring down the term to 15 years. However, the monthly payments will be increased. So, it’s recommended that one must calculate the monthly payment and the interest cost over 20 years to understand what’s a better choice. Cash-out is an option with IRRRL VA Interest Rate Reduction Refinance Loan (IRRRL) allows cash-out on certain terms and conditions and it must be applied before the window of 90 days closes. Additionally, a VA-backed loan can replace one’s current loan with another under new terms and conditions, and it holds an option of cash-out of home equity. Most people opt for cash-out of home equity to be able to pay for student loans, debts, make home improvements, medical needs, and other essential needs.

If mortgage refinancing (mtg refi) rates today are low, many homeowners will rush to refinance their mortgages. It is quite appealing to opt for mortgage refinancing when one can secure a lower rate. This often helps in lowering monthly payments. In addition, refinancing helps pay off the mortgage quicker; some even cash out the equity on their home. Here are few reasons why one should consider mortgage refinancing: Get a lower interest rate If mtg refi rates are low, getting a mortgage refinancing makes complete sense. This is because the interest rate on the existing mortgage will get lower. There can be a saving of nearly 1 to 2 percent. With lower interest rates through refinancing, one can save money. Moreover, there will be an increase in the rate of building equity on the house. In addition, monthly payments will become lower. It is usually recommended to opt for refinancing when the interest rate can be lowered by a minimum of 2 percent. Reduce the loan term Whenever mtg refi rates fall, homeowners can take the opportunity to get a shorter loan term on an existing loan. However, there won’t be much change in the monthly payments in such cases. The repayment term almost reduces by half, with any change to the monthly payment amount. In some cases, the monthly payment might rise slightly. So, it is important to do the due diligence before opting for mortgage refinancing. Convert Fixed-rate or ARM In most cases, adjustable-rate mortgages (ARMs) offer lower rates compared to fixed-rate mortgages. However, if there are periodic adjustments, the rate for an ARM may be more. In such cases, it is beneficial to convert to a fixed-rate mortgage with lower interest rates. This will help in securing against future hikes in the rates. On the other hand, for homeowners who do not plan to stay in their current homes and want to quickly pay off the monthly payments, converting a fixed rate to ARM is beneficial.

A timeshare is shared ownership of a property, wherein multiple individuals own a “share” of a particular home or property in return for its access for a stipulated period, typically once a year. Investors may sometimes wish to sell their timeshare for various reasons, like the inability to pay for travel or illness. If you want a release from your timeshare ownership, you must consider a few things to sell it fast and safe. 1. Determine the value Owning a timeshare means you have essentially paid for a set number of vacation days upfront. A timeshare’s value decreases over time, unlike real estate, so it should not be purchased as an investment. Additionally, you need to have realistic expectations while reselling it. It is quite likely that the resale value will be lower than the price you paid while originally buying the timeshare. Some owners simply return their timeshares to the property managers without asking for any money, but if you wish to get back at least something, you can determine the value of a timeshare by researching the resort it is located in and checking the prices of similar timeshares currently up for sale. The valuation depends on the location, maintenance, and how long you have owned it. 2. Pay the maintenance Ensure that you pay the maintenance fees before listing your timeshare for resale. This is important if you’re wondering how to sell a timeshare fast, as it prevents repossession and gives your timeshare value. 3. Choose a selling option One of the most reliable ways to sell a timeshare is to contact the property manager and ask for their help. Another option is to run advertisements in the real estate or travel section of a local newspaper. You can also list your timeshare on websites like Craigslist, RedWeek, Timeshare Users Group, or eBay.

Earning a few quick bucks apart from your primary source of income is always helpful. Whether for selling used items or a side hustle, the internet is brimming with websites and apps that let you make money. However, many of these are not as legitimate as they appear. So, if you want to earn cash with apps, here are the best options. Swagbucks This app has an A rating with Better Business Bureau and more than 10 million active users worldwide. It is one of the best apps that lets you earn cash quickly. Swagbucks offers $10 to new users as a welcome bonus. Besides, it is easy to use; all you need to do is watch videos, play games, or take part in search surveys, and the company will deposit the amount in your PayPal account. Swagbucks also gives you the option to redeem the money and use it as a gift card on shopping websites. Dosh If you are an avid shopper and want to earn cash with apps, Dosh is one of the best options for you. Available on both Android and iOS, Dosh lets you make money every time you use your card for shopping online or at walk-in stores. The amount keeps getting deposited in your “Dosh Wallet.” Then once you have earned $25, the app lets you withdraw the money. In addition, the company has tie-ups with major brands and merchants that offer you cashback if you purchase stuff through Dosh. Plus, you get $5 by simply linking your card with the app. HealhyWage HealthyWage is a unique app that motivates you to earn cash by losing weight. It lets you set weight loss goals and rewards you with money accordingly. For instance, its 10% challenge requires you to shed 10% of your body weight in six months in exchange for around $300.

Making money online has never been easier! The ever-expanding online world is swamped with legit opportunities that’ll help add some extra bucks to your bank from the comfort of your home. And, the best part is that you don’t always need to have certain skills or qualifications to earn money. Don’t believe us? We’ve compiled a list of trustworthy websites that can help you make money online. Try them! Swagbucks If you have a hard time trusting online survey sites, you likely haven’t tried Swagbucks. It is one of the most popular and legitimate websites that will pay you for everything from filling out surveys to watching videos to shopping online. You will receive your earnings in the form of gift cards from top retailers like Amazon and Walmart or cash back from PayPal. Upwork Interested in taking up some freelance work? Consider creating an account on Upwork. It’s the world’s largest online marketplace to find great clients and grow your independent career. Regardless of what skill you have, be it writing, video editing, software development, graphic designing, or marketing, you can find work in no time. ThredUp If you’re looking for motivation to clean up your closet, then check out ThredUp. You can sell items you no longer wear or need for cash, such as jeans, shorts, tops, dresses, swimwear, shoes, handbags, and backpacks. Another great thing is that there is no shipping fee for sending them your package. Keep in mind that you will receive the payment only if your items are accepted. Gazelle Most of us have electronic waste lying around the house. So, why not make some money by selling them out? With Gazelle, you can trade your old Samsung, Pixel, OnePlus, iPhone, or any other phone, and even iPads and tablets for money. They will also cover your shipping costs.

Credit cards are a handy financial tool if utilized responsibly. No wonder so many individuals use them. Some even sign up for multiple cards. As per estimates, a person holds an average of 3.8 credit cards in our country. However, misusing these cards can negatively impact a person’s credit score and worsen debt. Keeping this in mind, we have drawn up eight bad credit card habits you should avoid to make things easier. Paying dues late Many people forget or do not repay the amount when the agreed due date arrives. Failing to make the payment on time can lead to penalties. Those who delay payments by over 30 days might even attract a late payment mark on their credit report from major credit bureaus like Experian, Equifax, and TransUnion. Such a mark can stay for about seven years, which may hamper your ability to maintain or secure good credit later. Further, late payments may incur additional fees up to $35. But thankfully, there are many ways to avoid late payments. For instance, you could sign up for the auto-debit feature. If you do not have the funds to make a payment, it is better to ask the credit card issuer for a new due date, thus giving you more time to source the funding. Withdrawing cash advances Most companies allow cardholders to withdraw a specific portion of their credit as a cash advance. But this option incurs a hefty interest rate. Also, cash advances do not come with a grace period, so the user is charged interest as soon as the money is withdrawn. Hence, avoid getting cash advances unless it is an emergency. Transferring balances to avoid late payments Balance transfers are a great way to steer clear of high-interest rates. But some people are not mindful of how often they transfer balances, which hurts them in the long run.