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Category: Loans

An Overview of Microfinancing

What is Microfinance The “micro” in microfinance. As the name suggests, microfinance is about small loan amounts that are granted for starting a business. The Grameen, as well as the Equity Bank (microfinance institute of the year 2009), mainly grant small loans, some of which are well below US...

What Makes PPP Loans Different from EIDL

The financial aid promised by the CARES Act to qualified small businesses, may come under the guidelines of either the PPP or EIDL Program. PPP stands for Payroll Protection Program while EIDL means Economic Injury Disaster Loans. Main Differences between PPP and EIDL PPP loans are 100 percent forgivable...

Is A Settlement Loan Right For You?

If you are in a lawsuit waiting (and hoping) for a settlement in order for you to get back on track, and while bills are piling up while on the wait, you may want to have a look at a settlement loan. What is a settlement loan? A settlement...

Must Know Before Getting An Architect Insurance

The work of an architect involves challenges and risks. Every stage of the architectural process must have to meet the expectations of the clients. Just like other kind of businesses, it is also associated with specific risk related to their field of expertise. Knowing this is essential for you...

Home Equity Line of Credit – How Does It Work?

Home equity is specified as the worth of your home minus any type of amount you still owe on your mortgage. The amount you’re qualified to obtain for home equity is based on your loan-to-value, or LTV, proportion. A home equity loan calculator can aid you to determine just...

Taking Out a Loan : Important Aspects to Consider When Applying for a Loan

When contemplating to take out a loan as a means of supplementing funds for a startup business, there are certain aspects to look into before taking the plunge. Just like any financial decision one is about to make, it is important to compare providers or lenders, their lending conditions...