Condominium Investing Tips and Tricks

Nowadays, condominium investment is increasingly widespread. Of course, as a wise prospective buyer, it helps you get to know the potential and even the existence of condominiums through some tips for choosing the right condominium for you, so that later it will provide benefits, you can also consult with The Ola EC so that you can invest appropriately

 Choosing the Right Developer

How do you know whether the developer is correct or not? Of course you can see every portfolio that the developer has done before. Bona fide developers tend to have quite well-known portfolios such as the team from Anchorvale EC. We are not saying that other developers are not good at building condominiums, but usually they have a greater risk of bankruptcy with other developers. For that you should use the EC Sengkang services

‘Clean’ finance

You have to prepare good finances. First, before buying a condominium unit, usually someone estimates the amount of down payment (DP) that must be paid first. Of course if finance is not qualified, it will usually make loans to banks for some money. And the bank will check your financial history. Are you the right type of borrower or disciplined. So that it can be given a loan or not by the bank

Choose the Location well

Site selection Close to the city center? Not always condominiums will sell well in the city center, in fact some of the tenants in this time are prioritizing a fairly quiet area of ​​course that is easily accessible by transportation. Or choose a condominium in a well-known tourist area. singapore, several condominiums from several trusted developers will also be built here. So it would be wise for our advice, you choose a place in the tourist area

This is a Long Term Investment!

If you want to buy a condominium for profit potential in the short term? Think again. Because condominium ownership is generally carried out for the next five or even 10 years investment. And this is a good investment. Of course this is related to the location of the condominium. So make sure to look for information related to the infrastructure that will be built in the future around the condominium.

Read the contract carefully

In a contract you have to understand it to the fullest, the contract is the most complicated thing to understand, but the information contained therein will dictate you to better understand the rights and obligations that will apply to you. This is the most important thing to understand. So don’t just read the night and understand it.… Read more

Advantages of Finding Funds through Receivables and Factoring Funding

Slow cash flow movements are often a problem that prevents your business from developing more successfully. One of them concerns the problem of accounts receivable (granting loans to other people or companies). The receivable collection process is quite long causing delays in the smooth running of the company’s balance sheet.

If it continues, this can cause serious problems for your business. It is not possible, right, you run a variety of operational activities without having an adequate availability of cash. Therefore, it is important to deal with it well from the beginning to avoid the impact or risk that will arise.

In this problem, entrepreneurs will usually take away to finance receivables or by using factoring. This method is considered as an alternative to short-term or long-term financing according to a mutual agreement or quick solutions to get funds that can make cash flow stable again.

Before deciding to choose one of these solutions, you need to understand the difference between receivable financing and factoring financing. If you are interested in getting more complete information or want to consult more clearly you can visit: factoring companies.

Receivable Financing

Receivable financing or known as invoice financing/invoice discounting is an act of borrowing several funds against several company receivables that are running in a company.

Broadly speaking, factoring-brokers will lend you the funds as borrowers as long as the receivables are still running and have not been billed. Then, when the consumer has paid your loan, you must return the funds to the investor. Of course the loan repayment and all the interest following the agreement that was agreed upon from the beginning.

If you have urgently needed funds to run the company’s operations, and are confident of being able to collect receivables from those who pay you in quick time, then this credit financing solution is suitable for you to choose. But keep in mind, you should still consider the risks that will arise if the collection of receivables does not go according to your estimates.

Benefits of Receivables Financing

1. Receivables financing can expedite cash flow in a short time.

2. Can overcome a variety of urgent financial problems for your business, especially if you can no longer find other sources of loans in a fast period.

3. Company activities can continue to run well and normally, until the time the receivables can be disbursed.

Factoring

Factoring is an act of financing by purchasing company receivables. Understanding factoring is financing activities in the form of purchases or transfers, as well as the management of receivables or short-term bills of a company from domestic and foreign trade transactions.

Broadly speaking, the understanding is, the owner of the receivables will sell … Read more