Archives April 2019

What To Look For In a Merger and Acquisition Specialist

In this day and age, one thing is for certain: there are a lot of companies who are getting involved in mergers and acquisitions. This is all well and good, simply because sometimes the only way to improve things at times would be to expand. However, there is a right way and a wrong way to do things within this realm. If a merger is handled incorrectly, it could result in disastrous consequences. Hence the value of enlisting the aid of a merger and acquisition specialist. Of course, what are some qualities of a merger specialist you should look for? Consider some of these:

For starters, for mergers and acquisitions fort lauderdale business operators realize they need a firm that is experienced. Generally, it is a good sign when a merger acquisition consultant firm touts a wide variety of different markers within their track record. For example, if they discuss on their website the fact they have overseen mergers of several million dollars to even a few billion, that generally would give executives a good clue to how well their acumen truly is.

Next, a good merger consultant firm will be as organized as possible. They realize they need to execute a great deal of “due diligence” for every aspect of the deal, including proper negotiations, identifying targets and helping clients to fully adjust to the logistics of the new situation.

The best acquisition specialists are impartial. They realize they should offer you advice on how likely it is your merger can succeed. An impartial advisor will either recommend you continue with the project or they will recommend that you abandon it. Either way, the consultant will have one goal in mind: to save you as much money as possible. This is why a good merger professional is likely to save you millions – sometimes even billions – of dollars on your merger plans.…

Follow these simple steps to get instant online business loan for your business

An online business loanfrom a fintech lender, without collateral cover,is a useful means of augmenting the existing funds for small business units that are yet to realize significant revenues or have a reasonable operating vintage period.  Lenders conduct in-house underwriting process and extend unsecured business loans to eligible borrowers, who fulfill the predetermined conditions. We shall study the steps for getting a business loaninstantly.

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Important aspects to keep in mind to obtain quick business loan approval:

  1. Clarityof Business: This is a very important prerequisite.  A business owner should have sufficient idea, prior to the commencement of the business as to the scope of the business, nature of operations, expected turnover, the investment requirements, the loan amount needed, the target customer profile, the pricing structure. This information is vital before one approaches a lender. The lender would only extend business loans to a business owner who believes in the success of his own business.
  2. Lender’s Conditions: This is a must. The lender would ensure that the borrower meets all the eligibility criteria before loan approval. Lenders would conduct their own evaluation of the possibility of default risk. Since NBFCs grant loans without collateral cover, they would thoroughly check the repayment capability of the borrower.
  3. CA views matter: An expert’s advice on the loan amount required, supported by a detailed business plan would help determine the exact borrowing need. One should refrain from blindly borrowing the amount one is eligible for as there is a cost associated with the funds.
  4. CIBIL Score:A good credit score is a basic prerequisite to obtaininga business loan. A score of over 750 is considered good. This means a good repayment track record.
  5. Business rapport withthe Lender: One must build a good, working relationship with the lender, in case the need for further business loans arise in the future. Generally, SMEs require several rounds of funding to meet the various business needs at different stages of the business. A good business rapport can help obtain add-on facilities for an existing loan as well.
  6. Bank Statement: Generally, lenders require submission of the bank statements of the last 6 months so as to verify the identity of the applicant and whether the business owner is eligible to receive the business profits in the applicant’s bank account. It also serves to confirm the income range of the borrower and the unit’s financial performance.  
  7. GST Returns with financial statements: The GST returns confirm the legal nature of the business operation, the regularity of tax compliance and the revenues clocked by the business unit. The balance sheet helps the lender determine the net worth of the business and the strength of its asset base. The profit and loss statement helps gauge the profitability and repayment capacity of the borrower.
  8. Personal CIBIL Score: Lenders also study the credit history of the business owner in his or her individual capacity. A CIBIL above 750 is considered as good.
  9. It returns of Business and of Business