Home Blog Page 46

Better Business Loans LLC scales up services to offer the best opportunities to help Georgia businesses get loans

Better Business Loans LLC scales up services to offer the best opportunities to help Georgia businesses get loans

Leading United States-based company Better Business Loans LLC is leading the charge in helping businesses in Georgia open doors, stay afloat until realizing a profit, and expand businesses through quick loans.

Better Business Loans LLC has stepped up efforts to provide the ultimate opportunities and loans for businesses in Georgia that need to grow and make it to the cutthroat competition.

The United States-based company has led the way in offering the best startup loans, which are personal loans that are used to develop a new business or boost an existing business. It services the following counties in Georgia: Dekalb, Clayton, Fulton, Clarke, and Richmond.

“We provide entrepreneurs and those looking to start a business with the best options available to them. We will only deliver services that we are extremely proud of,” Mr. Lattimore said in a statement.

Business loans serve as crucial support in meeting working capital requirements and growing the business, says Mr. Lattimore. The team behind Better Business Loans LLC is all out in helping entrepreneurs in Georgia strengthen their financial stability by providing loans they can easily access.

To be able to apply for a loan, businesses need to download the form available on the Better Business Loans LLC website. They can download the form and print it out.

After printing out the form, businesses have to fill it out accordingly with accurate details and then scan the filed form. Then, they have to send the scanned form to the email address ––[email protected] –– with their name and email address written in the document. That would complete their application for the form. The Better Business Loans LLC team will keep in touch right away.

Businesses in Dekalb, Clayton, Fulton, Clarke, and Richmond looking to get started may contact the team immediately or visit the Better Business Loans LLC website for more information.

Media Contact
Company Name: Better Business Loans LLC
Contact Person: Johnnie Lattimore
E-mail: Send Email
Phone: 4705692497
Address:5301 Xing Rider
City: Lithonia
Status: GA 30038
Country: United States
Website: https://www.betterbusinessloans.net

Source link

Co-Op Vs. Condo: Differences, Pros And Cons

What’s The Difference Between A Condo And A Co-Op?

The main difference between condos and co-ops boils down to who owns the property. If you live in a condominium, you have ownership over your individual unit. If you live in a co-op, you own shares of a company that owns the building. As a co-op owner, you don’t own the unit. Instead, you own the right to live in the building and be a part of the community that manages it.

This difference in ownership can lead to other disparities between co-op and condo living. Here are some other ways that these home types can differ:


Co-ops are better suited for short-term dwellers while condos may be a better fit for those seeking something more long-term. This is because buying a condo is a form of real estate investment, and each of your monthly payments will help you build equity over time.

Co-ops can have high down payments based on where you’re located, ranging between 20% – 30% in popular cities. However, the Washington Post found that most co-ops tend to be cheaper than condos per square foot. Another trade-off is that co-ops tend to have cheaper closing costs than condos, since you won’t have to pay for things like title insurance.

At a glance, condos may seem to have cheaper monthly payments than co-ops. However, co-op payments are usually more expansive, covering things like utilities, building maintenance, and other costs that aren’t rolled into a condo’s monthly payment. Keep in mind, with a co-op you may be asked to contribute to the overall upkeep of the building, including common spaces or updates.


It’s common for condo dwellers to answer to a condo association, which much like a homeowners association (HOA), creates and maintains community guidelines. However, at the end of the day, condo dwellers have ownership over their unit, which affords them the freedoms that a typical homeowner has, like the ability to renovate.

Co-op residents, on the other hand, are only paying for the right to live in the building. Since co-ops are a collective ownership, any changes a resident hopes to make will have to go through the shareholders for approval. Most co-ops also hire a management company or assemble a board of shareholders, to make decisions and carry out day-to-day tasks. This includes fee collections and managing common spaces.

By nature, co-op communities are usually tightly knit. Though great for camaraderie, this can make the approval process for getting into a co-op intimidating or lengthy. Plus, if you want to make any changes to your living space, you’ll need permission before doing so.


If you’re looking for a community with lots to do, a condo is probably your better match. Condos tend to offer residents a wider array of amenities. Here are some of the most common ones:

  • pool access
  • Rooftop deck or lounge area
  • Gym
  • Recreational sports areas and courts
  • Event space

That isn’t to say however, that co-ops don’t bring anything to the table. Many co-ops also provide shared spaces for residents – game rooms and lounge areas being among the most common. And with a co-op you’ll also have the peace of mind that your fellow residents are similarly invested in preserving and taking care of the building and community spaces.

It’s also common for both condos and co-ops to have some sort of front desk service and third-party security to keep residents safe.


If you’re looking to break into real estate investment and think subletting may be something you’re interested in, co-ops aren’t the best fit. Most co-op boards don’t allow for subletting, and those that do usually allow it only in very particular circumstances.

Condos, however, are a great option for buyers looking to generate a passive income through renting out their home. Very rarely do condo associations have rules against subletting, because it’s, after all, your property.


At first, the mortgage approval processes for co-ops and condos seem quite similar. You must get approved for a loan and choose your lender. Your lender then must review the property you’re interested in financing to ensure it meets criteria like construction status and occupancy requirements. Only then will your lender move forward with approving a mortgage.

But when it comes to moving into a co-op, there are a few more steps involved regarding eligibility. Not only is it more difficult to secure financing for this kind of housing, but you’ll also have to undergo the approval process set in place by the board of the building you’re interested in. This involves an in-depth application process, interview and gaining board approval before you’re permitted to buy co-op shares.


While condos are widely available in both cities and suburban areas, co-ops are a bit harder to come by. Most often found in densely populated cities and metropolitan areas, co-ops may not be the best fit for buyers who crave a more bucolic lifestyle.


Since a condo is considered real estate, most lenders aren’t afraid to work with borrowers looking to finance one. Because of this, the process of buying a condo is nearly identical to that of buying a house. Here are the types of mortgages generally available for condos:

  • Conventional
  • FHA
  • USDA
  • GO

Financing a co-op, however, is where it gets tricky. Not only are lenders reluctant to take on co-op loans, but co-op themselves can have strict rules regarding financing. Depending on how you plan to finance, the co-op board may rule you ineligible.

Additionally, when the time comes for you to move on from co-op living, it can be difficult to find someone to sell your shares to. Even if you find an interested buyer, they still need approval from the co-op’s board before you can sell.

Source link

A look at the recent changes in the online lending industry – CONAN Daily

A look at the recent changes in the online lending industry – CONAN Daily

In the last few years, there have been some big changes in the payday online lending industry. In particular, many lenders have made a move towards more responsible and moral lending practices. This is a welcome change, as payday loans online can be a helpful tool for those in need of quick cash.

However, it’s important to make sure you borrow from a reputable lender who follows all regulations and offers fair terms. In this blog post, we will take a look at the recent changes in the payday online lending industry and discuss why they are so important.

American dollar bills (©Alexander Mills)

The payday loan industry is a $40 billion dollar a year business in the United States.

There are approximately 22,000 payday loan stores in operation across the US The industry has been accused of preying on the financially vulnerable and trapping them in a cycle of debt.

In recent years, there have been significant changes in the payday lending landscape. New players have entered the market, offering alternatives to traditional payday loans that are more flexible and easier to repay. These new lenders are using technology to create a better experience for borrowers and return morality to the industry.

One of these new players is Figure Technologies, which offers three main products namely Home Equity Lines of Credit (HELOCs), Installment Loans, and Refinancing Loans. All of these products have lower interest rates than traditional payday loans, and they can be repaid over time instead of all at once.

Another new player in the industry is Ipass.Net, which offers unsecured personal loans with fixed interest rates and terms of up to 36 months. Borrowers can use the money for any purpose, and there are no origination fees or prepayment penalties.

These new lenders are using technology to create a better experience for borrowers and return morality to the industry. With more flexible repayment options and lower interest rates, these companies are helping borrowers avoid the debt trap that payday loans can create.

What is the current state of payday online lending?

The payday online lending industry has come under fire in recent years for its high interest rates and aggressive collection practices. In response to this criticism, some lenders have begun to offer more reasonable terms and conditions. However, many of these same lenders are still engaging in questionable practices, such as using hidden fees and rolling over loans.

Rolling over a loan means that the borrower takes out another loan to pay off the first loan. This can be extremely harmful to borrowers, as it can quickly lead to a cycle of debt. Hidden fees are also problematic, as they can add significant costs to the already high interest rates charged by payday lenders.

These practices have led to calls for stricter regulation of the payday online lending industry. Some argue that the industry should be banned outright, while others believe that more reasonable terms and conditions should be put in place.


Payday loans are short-term, high-interest loans that are typically used to cover emergency expenses or unexpected bills.

Orville L. Bennett from Ipass.Net warned us that while payday loans can be helpful in some situations, they can also be very harmful to borrowers who are unable to repay the loan on time.

In recent years, there have been a number of changes in the online lending industry that have made it more difficult for borrowers to get access to payday loans.

Ipass.Net says that one of the most significant changes has been the introduction of new regulations by the Consumer Financial Protection Bureau (CFPB), a federal agency created in 2010 in response to the financial crisis. One of its primary objectives is to protect consumers from predatory lenders. Its regulations on payday loans are designed to protect borrowers from being trapped in a cycle of debt.

The regulations require lenders to assess a borrower’s ability to repay the loan before making the loan, and they place limits on the number of times a borrower can rollover or renew a loan. These changes have made it more difficult for borrowers to get access to payday loans, but they have also made it more difficult for lenders to profit from these loans.

As a result, many payday lenders have stopped offering loans altogether. While this is good news for borrowers, it has created a new problem: borrowers who need access to quick cash now have fewer options available to them.

One option that is still available to borrowers is called an installment loan. Installment loans are similar to payday loans, but they are repaid over a longer period of time and typically have lower interest rates.


The CFPB is working to reform the payday loan industry by introducing new rules that will protect consumers from being trapped in a cycle of debt.

The regulations, which went into effect in July 2019, require lenders to verify a borrower’s ability to repay the loan before extending credit.

The CFPB’s actions are a response to the growing number of complaints about payday loans, which typically have high interest rates and fees. According to the Pew Charitable Trusts, 12 million Americans take out payday loans each year, and they often end up paying more in fees than they originally borrowed.

The new rules are designed to help borrowers avoid getting trapped in a cycle of debt by ensuring that they can only borrow as much as they can afford to pay back. This is good news for consumers, as it will help to protect them from the predatory practices of some payday lenders.

The changes that the CFPB is implementing are a step in the right direction when it comes to returning morality to payday loans. These regulations will help protect consumers from being taken advantage of by predatory lenders and getting trapped in a cycle of debt.

Source link