7 Questions Lenders Ask When Offering A Small Business Loan

7 Questions Lenders Ask When Offering A Small Business Loan

The ultimate aim of every business owner is to gain maximum revenue and grow his/her business in the market. However, in most cases achieving this goal requires working capital. Most small business owners have limited assets and hence they hesitate to apply for a business loan because they have a perception that they will need to submit an asset as a security. For companies with limited assets, availing an unsecured business loan is a good option. There are several types of small business loans to choose from. It is true that securing a collateral free business loan is easier and faster as compared to other types of loans; however, below are the requirements that need to be fulfilled in order for the loan to be sanctioned.

7 Questions Lenders Ask When Offering A Small Business Loan

Here are 7 types of questions lenders ask while offering an unsecured business loan

1. Loan amount: Whether you are going through an NBFC or a bank, you would precisely need to decide the amount of loan that needs to be sanctioned. This is because the tenure and amount of interest would highly depend on the loan amount itself. Finalizing on the loan amount will help the lender or bank suggest the most convenient payback option for you. Thus before applying for a loan, managing finances and maintaining a clear estimate for expansion is imperative.

2. Specifying the objective: It is important to mention the exact reason for the loan requirement. For example, if you need new equipment then you would need to list out the exact number of equipment required along with their prices. If you need to hire new people to meet up with your small restaurant’s growing crowd, then you will need to have a fair estimate of the number of employees and their salaries. This will help the financial institution to understand your upcoming financial demands before processing an unsecured business loan.

3. Personal credit score: While applying for an instant business loan, the lender will first analyze your personal credit score to determine how likely you are to pay it back efficiently. Your credit score will also determine your chances of securing the loan.

4. Business credit score: After going through your personal payment history, the lender will also look at your company’s history of paying off debts or bills to suppliers and other lenders. A good business credit score helps to attain quickbusiness loans

5. Duration of business: In the world of business loans, the truth is, the longer your business has been operating, the more chances you have getting a loan approval easily. The vintage of the business serves as proof of your financial sustainability. The desired duration is a minimum of 3 years. However, it’s not impossible for newer companies to secure SME loans.

6. Determining your Industry:  It is important to specify your company’s industry when applying for a business loan. This factor will influence your chances of getting a loan approval faster as there are some industries a lender will be reluctant … READ MORE ..

A Beginner’s Guide to Sound Insulation For Your Windows

A Beginner's Guide to Sound Insulation For Your Windows

A Beginner's Guide to Sound Insulation For Your WindowsWhen soundproofing a house, it is important to take certain considerations into account.

Firstly, the noise begins slowly and then increases as high-powered motorcycles pass your front door in their own version of the Isle of Man TT – only this time the noise is coming from the end of your road.

It’s no surprise that after air pollution, traffic noise is one of the greatest environmental issues facing Europe. Statistics indicate that traffic noise contributes to over 60,000 premature deaths per year, causing high blood pressure, cardiac problems and an increased risk of diabetes or stroke.

So, How Can You Go About Soundproofing Your House?

The first and most significant point to consider is that soundproofing is only as good as its weakest point. You can opt to build thicker walls or stuff the walls with so much insulation no noise could penetrate, or you could invest in the most advanced soundproofed aluminium windows; however, in isolation, they will not deliver the results you need for ultimate sound insulation. For the most effective insulation, you need them to work together.

How Does Sound Insulation Work?

Sound insulation of a house operates in three ways, or a combination of all three. The first is to stop the noise by adding mass to the property for reflection of sound. In this case, you will create a dense acoustically dead surface that does not vibrate or vibrates less than other material. This technique is known as dampening.

The next method is via absorption. This involves absorbing the sound using material that prevents it passing to the other side, such as wall insulation.

The third method is by creating a barrier between the first and second structure. This stops the sound from passing between them using a vibration; thus, forming a gap in which the vibrations cannot move. This method is known as decoupling.

How Do Soundproof Windows and Acoustic Glass Operate?

Acoustic glass reduces the level of noise pollution using deflection and dissipation of sound waves. This occurs using a combination of glass thickness, the acoustic interlayer and the space between the glasses to disrupt the sound wave.

The rule of thumb is that denser materials are more effective at reducing sound penetration, so the thicker the glass, the better it will be as sound insulation. However, this needs to be set using different thickness levels. This is why merely adding a third pane to a triple-glazed window unit will have limited impact in sound insulation. Not all window and door salespeople understand this concept; therefore, it is not always communicated to the homeowner when purchasing glazed windows.

Sound passes through objects using a linear direction. Utilising different combinations of glass thickness means that the glazed window units will be more efficient in dissipating and disrupting sound.

Acoustic glazing maximises the efficiency of sound insulation by combining the various glass thicknesses; however, there is also the introduction of special PVB interlayer applied to the glass during manufacture. This offers another … READ MORE ..

How Is Makeup Made?

How Is Makeup Made?

How Is Makeup Made?Have you ever been curious about how makeup is actually made? Cosmetics are a huge business. Just in North America, around $35 billion is spent every year on lipstick, foundation, mascara, and other makeup.

Obviously, the art of artifice is a big seller. However, the past popularity of mercury and lead used in makeup highlights why the U.S. FDA (Food and Drug Administration) plays some role at least in regulating the purity and safety of cosmetics. Today, ingredients are used by manufacturers that are judged safe for coming into contact with humans. However, what is considering to be “the right makeup?”

To begin with, consistency is something that consumers expect. For example, the last couple of swipes from a lipstick tube need to look as “Cinnamon Sugar” brown as those first couple did. Of course, consumers consider a number of different factors when they are choosing their makeup.

Does it wipe off everything or will it continue to look fresh? Does it run or is it resistant? How long does it last? In order to achieve these ambitious goals, cosmetic manufacturers developing closely guarded formulation have spent years. In addition, they have made major investments in cosmetic manufacturing equipment that can produce very safe, well-blended cosmetics that has the proper mix of ingredients, stability, scent, color, and consistency.

How Foundation Is Made

Let’s start with foundation. Although there are mineral-based, dry versions of this type of cosmetic, the most familiar is perhaps liquid foundations. Manufacturers start with pigments and oils, and maybe some fragrance, that all that to be mixed up very well so that all of the ingredients are blended together.

This “blending well” part of the equation is where having the right industrial equipment, such as Flux Pumps is a major factor. In order to achieve consistent, smooth color, texture and other characteristics, it is critical for all of the ingredients to undergo some type of mixing that cannot be achieved with a household appliance, tool, or blender. Some products today are only possible to make using submicron, advanced processing. This process involves constituents being reduced in size to tiny particles. One manufacturer that excels at the technology is Quadro.

Depending on what the final product is, sophisticated mixing machines are relied on by cosmetics manufacturers that can perform such challenging tasks as:

  • Mix stabilizers, rheology modifiers, and thickeners
  • Blend liquids of various viscosities
  • Dissolution of powders
  • Disintegration of solids
  • Produce stable emulsions
  • Hydration of suspending and thickening agents

In addition, it is essential for all of the processes to occur under completely hygienic, consistently reproducible, and controlled condition. After all, safety and health are what’s at stake, and close attention is paid by the FDA.

How Mascara Is Made

In order to make the eyes mascara that is more dramatic, is used for adding definition, thickening, color, and length to eyelashes. The most popular color is jet black. In some countries, certain potentially toxic substances like tar and coal are used for this.

In the US … READ MORE ..

How to Keep Your Home Warm For Less in 2019

How to Keep Your Home Warm For Less in 2019

The New Year almost always leaves your wallet empty. How to Keep Your Home Warm For Less in 2019This makes January even harder with many people struggling to survive through the month. Much of your money goes into paying for your heating bills. The cost of keeping your home warm and comfortable during the festive seasons always leaves a dent on your bank statement. What if you could keep your home warm for less? Outlined below are a few tips and tricks on how to lower energy/heating bills this year.

1. Invest in a Warm Duvet

Investing in a warm duvet to use during the colder months can save you some money in the long run. Be sure to sample the duvet at the department store before making the purchase – some stores will allow you to test them, with most duvets having tog rating printed on them.

If you however have wooden flooring, you might then consider having a carpet by the bedside. This should help keep your feet warm when you get out of bed. Consider investing in cosy blankets to use with the regular ones as well. These blankets can be used while on the sofa to help keep you warm. Put those Christmas socks on for an extra layer of warmth on your feet.

2. Consider Electric Heaters

Electric heating can provide an efficient way to heat your home. This is because they are fully programmable, and use less energy. These heaters come in handy both at home and the office, and come with an extended warranty. Vantage radiators, for example, come with a standard 30-year warranty and cost only £300. Italian-built designs run silently and come with a 10-year warranty for £400.

3. Think Smart

Installing a smart meter in your home can also help lower your energy consumption. The smart meter monitors energy usage in the house, meaning you can identify habits and devices that waste energy. You can get these meters free of charge if you live in the UK – the offer is however only available until the year 2020. Talk to your energy provider to see how you can have one for your home.

4. Shop Online

Sites such as comparethemarket.com and Uswitch can help you find some of the best deals on the market. Shopping online, and using these sites to compare prices, could land you a better deal for your home, saving you hundreds of pounds.

5. Consider Your Home’s Interior Design

Heat loss is one of the contributing factors to high energy bills at the end of the month. Windows can contribute to at least 25% of the house’s heat loss. Taking advantage of natural light by opening the shades and curtains on south-facing windows allows the sun’s heat to warm up the house. It would also be advisable to close room doors and move the sofa away from the radiator. This should make the room/home warmer without turning the thermostat up. For those with fireplaces in their homes, having a balloon placed over the chimney to … READ MORE ..

Astrology: The Science Of Reading Stars

Astrology: The Science Of Reading Stars
Astrology: The Science Of Reading Stars

One of the most prominent art forms or more accurately study or reading of stars, planets and their movement that is popular throughout the world is Astrology. It has helped many people achieve what they have always desired and hence leaves a very little room for any type of questioning against it. Some advantages of good astrologer are given below.

The correct reading of the birth map

Many people out there to provide you the correct reading of your birth map, in order to make you know about anything that is going around you, but most of them are frauds and just want to cheat you out of your hard earned money. But this business house is certified and trusted by many people, the experts that are working here are going to help you with the correct reading of your birth chart and help you get a detailed and correct information about the events that might happen in your life, the relationship that you are going to have with the people around you and the much more about various miscellaneous things. So if you are trying to improve further in your life, it would be best if you take some piece of advice from the experts working at the website.

No registration fee

There are many other websites that charge a hefty amount just for the sake of registration, this simply annoys the client. But this is not the case with this website. You are going to be registered here without paying any amount for registration and therefore be happy with the services offered by the firm.

Know about the compatibility that you might have with your loved one

These days there is a plethora of relationship breakups and divorces due to failed marriages. People are suffering very much due to this and are getting mentally and emotionally scarred for the rest of their lives. This is thus very important for you to know about the level of compatibility that you might be having with your partner. This is now possible with the help of astrology, with the help of motion of stars and planets, yours and yours’ partner name and with the help of your birthdates, the astrologer is going to help you tell the level of compatibility and comfort that you are going to witness with your partner. This happens because the stars and their movements with respect to your name and birth impact your relation, if the stars of your partner and your doesn’t match, the marriage or the relationship would be a bit jerky and in some cases would result in failures too, it is thus better to date and marry only those with whom you get the correct match of the stars, as you could avoid any type of harm that might be caused to you.

Astrologyis one of the most trusted and tested study of stars and planets which have helped many people succeed further in their life and hence it is smart … READ MORE ..