Cash Flow Loans: Fix Up Your Business Financial Needs

Cash flow is an important aspect for any business man and most important task is to maintain and keep up the cash flow. Any unplanned or emergency need may affect your business operations. But you just can not let that happen as this is quite unfavorable situation and can severely affect your cash flow. In such a situation cash flow loans sort out your business financial requirements by providing timely and adequate financial help.

Cash flow loans fulfill the financial requirements of all types of business owners. Small, medium and large business owners can easily entail this financial assistance. These loans allow you to sort out and fix up all financial problems.

Cash flow loans are short term in nature and allow you to access funds on time. For approval of loan amount you must present your company’s financial statements and on the basis of your company’s financial soundness your loan amount is approved. A good cash flow would mean quick approval and huge funds.

Cash flow loans are available as secured or unsecured loans. You are required to pledge your valuable asset as collateral to entail secured cash flow loans. You can borrow a loan amount ranging from £5000- £25,000 for a period of 1 to 10 years. They carry lower rates of interest. As against, unsecured cash flow loans do not require any collateral and offer a small amount maximum up to £15,000. The repayment term of this loan is 3 to 7 years and carries slightly higher interest rate due to absence of collateral.

Are you tagged as bad creditor? So what even then you can apply for cash flow loans and can meet your business requirements easily. Those facing CCJs, IVA, arrears, late payments, defaults and bankruptcy can approach.

You can easily apply for cash flow loans through banks, other financial institutions and even online. Online is the most convenient and easiest of all. You just have to fill up a simple online form to apply. Also you can search for a lower rate deal with lucrative offers.

The cash flow loan can be used for the purpose of buying raw material, machines, paying outstanding debts, paying salaries or wages, for business expansion and for office renovation. Any of your business financial need can be met easily.

Angela Alderton
http://www.articlesbase.com/loans-articles/cash-flow-loans-fix-up-your-business-financial-needs-716402.html

Thursday, February 18th, 2010 Loans

2 Comments to Cash Flow Loans: Fix Up Your Business Financial Needs

ppl plssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss help?
One of your friends, Waleed has found out you are studying accounting and that you have acquired basic spreadsheet skills. He has thought of a good business idea but needs to produce a business plan for the bank manager in order to raise a loan. Waleed has already formed a company and had introduced OR 15,000 in to the business bank account. OR 200 are to be the initial share capital and the balance is a short-term interest free loan. It is his intention to start trading as from 1 January 2009. You have agreed to produce the financial projections for based on the information Waleed has provided.

REQUIRED:
1.Using Excel, construct a financial model that shows the projected cash flow, profit and loss account and balance sheet figures for the year. The statements should show quarterly figures with annual totals where appropriate.
2.The spreadsheet file on a floppy disk clearly labeled with your identification number.
3.Write a short report to Waleed to include the following:
a)Relevant printouts of spreadsheet along with formulae sheet.
b)A concise explanation of the model you have developed.
c)Explain to Waleed the advantages and disadvantages of using Excel to produce the financial projections as compared to producing them manually using “pen and ink”

Information provided by Waleed
1.The first quarter’s sales are expected to be OMR 4,000 doubling every quarter.
2.The gross profit margin on sales in expected to be 30%
3.Of each quarter’s sales, A%
4.Bad debts are on credit sales, and are anticipated to be B%
5.65% of the credit sales are paid in the quarter in which the sale is made. The remaining debtors, after bad debts, are collected in the following quarter
6.Sufficient stock is purchased to cover the next quarter’s sales. In the first quarter’s assume the first two quarter’s purchases are made ( assume the final quarter’s purchases are OR 10,000)
7.Purchases are paid for in the quarter bought
8.Gross staff salaries are OMR 3,000 per quarter and paid in the quarter incurred
9.Distribution costs are 10% of sales and are paid in the quarter of the sale
10.Bank interest is 3% per quarter on the balance at the end of the previous quarter and in payable in the following quarter
11.The company buys machinery OMR 12,000 in the first quarter
12.A car costing OMR4,500 is purchased in the third quarter
13.The company depreciation policy is to depreciate assets at C% per annum on a straight-line basis
14.The company pays quarterly telephone bill of OMR 800. However, the fourth quarter’s bill will not be paid until January 2010
15.Ignore taxation and inflation
16.Include any other expenses Waleed has obviously omitted from the above information

Registration numberCash SalesBad DebtsDepreciation
IS325114