Category: Business

Maybe you’ve been denied a loan by a bank or other traditional lender. Hard money lenders are typically more flexible than other options and can often provide loans even when other options have turned you down. Here’s why.

There’s Less Downpayment

A hard money lender only needs a small down payment in order to fund their loan, which could range from 3% to 20%. This means that the borrower will need to have anywhere from $1,000 to $50,000 available when applying for this type of loan.

The amount to be borrowed will vary depending on what type of property you are interested in and how much equity you have built up already. You can be loaned up to 70% of the value of your purchase.

Collateral Is Not Needed

A hard money loan is a type of mortgage that does not require the borrower to provide any collateral, as it is typically provided with no strings attached.

These loans are generally given for lower rates than traditional mortgages and can be used for a variety of purposes, including home repairs or flipping properties.

You Can Use It for Many Things

One of the best things about a hard money loan is that it can be used for a variety of purposes. This means that you are not limited to just using it for home repairs or flipping properties.

You can also use your hard money loan to purchase a new vehicle, pay for college tuition, or even take a vacation. It gives you more freedom than conventional lenders.

It’s a Quick Transaction

Because there’s collateral is not required, and there’s less downpayment, the entire process can often be completed in just a few days, as opposed to the weeks or months it can take to get a traditional loan approved.

This is because hard money lenders are not as concerned with your credit score or your ability to repay the loan. They are more interested in the property that you are buying or refinancing.

Benefits Outweigh the Costs

The only downside of a hard money loan is that the interest rates are typically higher than those offered by traditional lenders. However, if you can find a firm with competitive rates, the benefits of this loan will far outweigh the costs.

California Hard Money Direct offers just that. If you need a quick and easy way to get funding for your … Read the rest

Short Message Service or commonly known as SMS is a text messaging service you can use through the mobile phone. In this modern world, everyone uses handphones and SMS marketing has become the main source of sending information, advertising your business, and getting new customers for any business. Today we will learn the 6 benefits of using SMS marketing.

Not Expensive

SMS marketing is not expensive compared to other marketing tools like Facebook ads, commercial advertising, or print advertising. When using a bulk SMS marketing system, it becomes cheaper and can send to many people in a single click. Some big collection agencies and even government bodies are still using SMS marketing to create awareness and get to the customer because it is one the cheapest way.

Boost customer engagement

One way of engaging with customers is to send multiple choices to customers using an SMS marketing system. Running a survey about current issues, doing a poll to see what customers like most or giving exclusive deals, and running a contest to attract more customers, all can be done using this simple SMS marketing to boost engagement with current and new customers.

Better open rates

SMS marketing has a better open rate compared to phone calls or emails. A study shows that 98% of SMS are opened within 5 minutes upon receiving. Most phone calls will go unattended or ignored due to work and emails mostly will go to the junk or spam folder which makes it difficult to reach customers. Meanwhile, SMS goes directly to the handphones of customers which makes it have a better open rate.

Does not require internet

Most of the jobs around us in running with the help of the internet. We cannot do anything without the internet in this modern era. But if in case of any internet shut down, what will happen? That is why SMS marketing is very important because it does not require the usage of the internet. You can simply use a cheap mobile device to send SMS and keep in touch with all the customers even without internet service.

Can connect with other marketing channels

SMS marketing can be easily connected with marketing channels like Aweber, Salesforce, and Eventbrite. These channels do email marketing, collect customer data, and event management, You will just need to synchronize the SMS marketing service to get to a larger customer database. One of … Read the rest

We invest so we can get the most out of our savings. We value saving for the future and we believe in the potential of our savings to grow more than just the average 0.06% interest rate when we put it in a bank. But investing comes with lots of risks especially if you’re new to the market and you have zero ideas of how investments work. Avoid investment scams and investment failures with knowledge on what to look for in an investment advisory firm.

Reputation

Research on the firm’s quality of service. Read testimonials and reviews to get insights on how they do financial planning. It would be easier if someone you know and can be trusted would just recommend one because you can easily get a glimpse of the result of their service by just looking at how she or he has improved financially. Customer satisfaction can convince you that the firm is worth a try.

Dedicated and Credible Financial Advisors or Teams

It is best to work with a team that understands your financial goals and listens to your concerns. Check if the financial advisors you are going to work with have the knowledge (educational background) to provide information backed by research and different studies on personal finance. Their certifications and experiences will tell you further that they are reliable sources of financial advice.

Reasonable Fees

The service of an investment advisory firm is more costly than the service of an independent financial advisor. Check if their fees or commissions are reasonable enough so that most of your investment returns will go to you and not to them.

Support Options

Customer Service should be great and will allow you to get answers to your account questions any time of day or night. Whenever you’re worried that something might get wrong it is best to have a support option that can put your mind at ease and let you sleep peacefully at night knowing that your funds are secure.

Working Relationship

It would be best to work with a team that is hands-on and will be with you every step of the way. One who will give you continuous support and suggestions for better options and improvements. Not those who will only meet you once a year.

Putting your money in a savings account will give you lower returns but with fewer risks. When you invest your … Read the rest

Marketing is the basic requirement of every business, so as a business owner you must ensure that you are adopting effective marketing techniques. There are several ways to reach out to your customers and prospects. As a part of business promotion, you should send regular text messages to your prospective customers so that they are aware of your new products. Even if your customers know about your products, when you send them ad texts they would be reminded of the same. Also, text message marketing works by repeating the promotional text or visuals again and again so that it creates an impression on the minds of the prospects. When the ads of your products are imprinted on their minds, they will be likely to purchase your products.

One of the best benefits of text message marketing is that the ad is delivered on mobile phones. A mobile phone is a personal device of every user, so it highly likely that they will read the message. When you are advertising your products through other media, there are chances that the prospects will miss out the advertisement. The usage of text messages to reach your customers greatly diminishes the chances of ignoring the same. If you would like to direct your prospects to the product page where they can know more about it and buy it, you can add a link to the webpage that will help you with your goal.

One of the most important rules of text message marketing is to write short messages. Make sure to follow the character limit and not cross it as not everyone has the time to read long messages. You should write short, quality ad texts with a call to action. It will help your prospective customers to know more about your products and make a decision about buying them. When sending text messages, you must ensure that you are not sending them too frequently. When you frequently send ad messages to the prospects, they would feel irritated about the same and may block all your future promotional messages.

When you are looking to get text message marketing, it is essential to choose a reliable service provider. You should look out for a company that will allow you to send several text messages at a time and also allow you to check their deliverability. You should have the option to track message delivery so … Read the rest