Sentences with phrase «monthly cash flow needs»

Not exact matches

While profits are important for the longevity of your business, you need positive cash flow in order to meet your monthly financial obligations.

Beyond those basics, you'll get approved more readily and with better terms if you give the banks precisely what they need to make a decision: tax returns and audited (if possible) financial statements (P&L, balance sheets and cash flow) for the year to date and the previous three years; monthly statements for the previous 12 months; a business plan explaining what you do, how you do it and why your company would be a good risk; a detailed projection showing how you will generate the funds to pay down the line; and a backup plan (collateral) to repay the bank if the projections don't pan out.

You need to understand cash flow and also prepare a monthly profit and loss statement.

Between monthly payments, you need sufficient cash flow if you hope to meet your financial obligations.

Please take note that you need to inform your credit counselling group about your plans to take up another form of credit, so that they can balance it with your existing cash flow and monthly repayments (if you have started paying to them).

They are generating a lot of net - free cash flow and need to determine what to do with monthly, quarterly or annual lump sums of cash that need to be saved long - term and put into their overall asset allocation plan.

In the event that an item needs replacing quickly, such as a server, schools can do so with a relatively minor monthly adjustment to the budget, instead of a lump sum that could seriously affect cash flow.

If you are a senior homeowner with an existing mortgage looking for a way to increase your monthly cash flow, a reverse mortgage may be an option for converting your home equity into the funds you need.

Webster Complete Business Checking account is a comprehensive banking solution designed with all the services and features you need to run your business and help manage your cash flow — all for one, low, fixed monthly fee.

Most property managers will take a percentage of the gross rental rate, so you will need to factor that into your monthly cash flow figures.

If cash flow or meeting your monthly obligations are your main problems, you need to have discussions with your current lenders.

You need to magically come up with more cash, your Return on Investment will change drastically and your monthly cash flow on the property will go from a positive to a negative.

Please take note that you need to inform your credit counselling group about your plans to take up another form of credit, so that they can balance it with your existing cash flow and monthly repayments (if you have started paying to them).

As ACH direct debits become a more popular way for both traditional lenders and online lenders to accept periodic payments, it's important for business owners to understand what that entails, the opportunities it might provide in terms of additional loan options, and help them position their cash flow needs in such a way to accommodate the often more - frequent - than monthly payment terms.

But to put it in accounting terms, it needs to be put into the long term context of building value in your lifelong balance sheet, rather than looking at it through a myopic lense of monthly cash flow and income statement.

As a bonus, you could have extended the balance transfer card by going into another promotional after 36 months, keeping lower monthly payments, assuming you need more cash flow.

To access capital from an alternative lending company, you will need to show and prove your monthly cash flow, as some lenders have annual revenue requirements of $ 100,000 or more.

I need to rebuild cash and pay off the home improvement loans and line of credit ASAP which would cut out $ 400 + of monthly cash flow.

I have a lot of clients that will set up that monthly distribution to go out on the first of the month, and then on top of that if they ever need some additional cash flow at some point in time during that month they can call me up and say, «Hey Jeff, I need an extra 500 bucks, extra $ 1000.

Surely you need some monthly positive cash flow to reinvest?

Namely, that a reverse mortgage can be accessed from age 62 or older, when many retirees need access to additional funds to secure their quality of life, and that these home loans can eradicate the monthly payment of the original mortgage (because they are not paid until after you die), freeing up further cash flow.

In fact, you might even choose both: opt for a lengthier term when you're young and need monthly cash flow to get into a new house, for example, and then refinance to a shorter term loan later in your career when cash flow is more abundant.

A business credit card is perfect for you if you own a small - to medium - sized business, and you need to charge expenses and manage / analyze cash flow on a monthly basis.

You do however still need to look at funeral expenses and monthly costs of the household, also what type of cash flow will your surviving spouse or beneficiary need to survive.

Designed, developed and implemented automated billing subsystem to reduce the need for customer account reconciliation and arrears processing that enhanced monthly cash flow.

Conventional financing is hard to get in Costa Rica, and if you could find a hard money lender to give you the money, you'd still need to put down at least 35 %, the interest payments will add up (additional expense), and the monthly loan payment will likely be more than the cash flow.

If you are new to the idea of real estate investments and becoming an active investor (building your own portfolio), rather than putting your money in the stock market, you will need to assess your time commitments and determine your monthly cash - flow expectations, investment time horizon and risk tolerance.

So assuming I average out at $ 150 monthly cash flow per door, I know I need about 67 units total to meet my passive cash flow goal.

South Africa's commercial property sector and landlords of office spaces are likewise seeing a sharp increase of tenants needing to downsize on office area and, where possible, sub-let disused or non-essential spaces to reduce monthly overheads and assist with cash flow.

That is to say, they don't need the cash flow from their properties to pay current monthly bills or subsidize their current income.

Make sure you do not need to free up monthly cash flow for expenses such as tuition, investments or other debts.

If you are a senior homeowner with an existing mortgage looking for a way to increase your monthly cash flow, a reverse mortgage may be an option for converting your home equity into the funds you need.

These funds can be paid out in three different ways: 1) A line of credit that will grow over time3 and can be accessed anytime extra funds are needed 2) A lump sum4 payment to be used to pay down other debts5 or renovate your house 3) Monthly payments to help further increase your monthly cash flow, or a combination of these payment methods can also be set up to help you meet your financialMonthly payments to help further increase your monthly cash flow, or a combination of these payment methods can also be set up to help you meet your financialmonthly cash flow, or a combination of these payment methods can also be set up to help you meet your financial goals.

More than 25 percent of Americans say real estate is the best way to invest money you may not need for the next 10 years.5 While many people flip houses to make money — that is, they buy a home at a low price, fix it up and sell it quickly — others purchase multifamily properties to create monthly cash flow to save or to reinvest in other properties.

Assuming $ 200 / monthly net positive cash flow that would mean I would need 5 SFH to get to $ 1K and 15 to quit my job.

Around here (SE Michigan) we have been able to achieve those numbers ($ 1k cash flow monthly) with that size investment buying small multifamily, but you still need reserves to get the loans - 2 - 6 months PITI depending on the lender.