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Uses of a Laminated Postcard in Businesses

April 4, 2022 by admin Leave a Comment

While the primary use of postcards is for marketing, there are other purposes. One such benefit is to have a laminated postcard on hand when making business networking calls and visits. This can help the person you are meeting remember who you are, what your company does, or even what type of services they offer to be prepared in advance.

Used for Introduction

You can use a laminated postcard to prime the pump by introducing yourself and your business and sending it before an upcoming meeting. A postcard can be a great reminder, especially if you have had a previous engagement at another office or venue.

A postcard can be used in conjunction with a direct mail campaign to promote the campaign further, such as sending out an invitation postcard to an upcoming event and then following up with a special offer that goes along with the event on another postcard.

For Follow Up

You can send a special offer on your postcard as a follow-up to an event. This could be related to the event, such as tickets or brochures. You can also send a thank you message postcard following an event or meeting to thank those who helped make the event happen. Include conference attendance certificates on these cards so that people can show the credentials on their résumé.

Goodwill Message

Other uses of laminated postcards include adding a message of goodwill or congratulations, like sending out a holiday season greetings card to all your contacts and prospects.

You can develop your system of saving postcards as templates for new and different types of postcards. For example, you could use a sample message on a holiday card to start and send out other special offers specifically for that holiday season.

Promote Events

A postcard can be used to promote an event or get client’s attention. Many businesses use postcards to promote new products, expansion plans, contests, or sales. You can even send out a special message on a birthday card for no reason.

There are many ways to use postcards for marketing purposes. Be sure you know your audience and keep the message short and to the point with a clear call to action.

Essential Things to Know for Loan Against Property with PNB Housing

March 29, 2022 by admin Leave a Comment

You need money, and your savings will not suffice. Your extended family is of no help. And friends have suddenly become remote! What do you do? It’s a life and death situation. Taking a loan against property is an option. The problem is that there are many options when it comes to loans against property. Which one suits you best?

Go online and Compare

PNB housing loan against property comes with a comfortable repayment schedule. Want to know more about a loan? Going online will help. First and foremost, what’s the PNB interest rate? See if there are any attractive discounts. Then, compare the interest with that of other loans against property.

Get hold of an EMI Calculator

Of course, you are looking for a loan that suits each one of your specific needs. An EMI Calculator will help calculate a borrower’s capacity to repay the loan within the specified period. Does PNB housing loan against property come with no hidden costs; is it hassle-free?

What to Do in Procuring a Loan

Here’s what a potential borrower should do.

Compare the different loans against property to select the one that suits his needs.
Calculate the loan you are eligible for.
Calculate EMI.
Apply online.
Use the bank’s customer service to the fullest.

Enlist customer service to help

Potential borrowers will be banking on friendly customer service. Nobody wants a grumpy introduction to the bank. Customer service may help the borrower by making a comparison for him of the various loans against property in the market. And how the PNB housing loan against property interest rate compares with the best of them.

Steps to secure a PNB loan Against Property

Visit a PNB branch to apply or download an application form online.
Complete the application form with the required personal details and required details for the loan.
While doing so, keep in mind the best offers from other banks.
Apply. Wait for a loan representative of the bank to call on you. This happens when the bank finds you are eligible for the bank’s loan against the property.
The bank representative will drop in to check and verify that you indeed own the property against which you want the loan.
After verification, the bank will issue a sanction letter.
Next, the sanctioned amount for loan Against the property will be transferred to your bank account after submitting the original property documents.

In conclusion

PNB housing loans are against residential and commercial immovable property. The end use of the loan against property can be for business purposes or for overseas travel, for personal requirements, such as to pay for a child’s education or medical expenses. The only caveat is that the loan should be used for a legitimate purpose. Guaranteed EMI suited with your repayment capacity. Approvals and disbursement of the loan are hassle-free, and the customer service will never give an excuse to complain.

Everything You Should Know About Getting An Instant Rs. 1 Lakh Loan Online

March 25, 2022 by admin Leave a Comment

Financial obligations can arise anytime, and you might not have the required cash to meet those obligations.

You might want to consider selling your assets or investments to meet those needs during those times. However, selling assets is not the solution. The perfect solution to your problem is an instant loan.

Instant loans by EarlySalary are an excellent way to get the desired cash, quickly and easily.

These loans are designed to provide you with the funding instantly without spending your precious time on paperwork or waiting for approval. They’re perfect for when you need an Rs. 1 lakh personal loan quickly and don’t want to go through the hassle of applying for a traditional loan.

Instant loans have become quite a popular choice among young adults too.

These adults are tech-savvy and want everything on their tips; thus, an instant loan suits their requirements.

Features of an Instant Loan

Features of an instant loan may vary from lender to lender. Some of the standard features are:

1 lakh personal loan is typically processed quickly, and you can often get the money you need in as little as 10 minutes.
These are excellent for emergency use for medical issues or paying off expensive loans
Further, you can get an instant loan with minimal documentation. Additionally, the interest rate charged on instant loans is very low, making them a more affordable option in the long run. It also has no pre-payment charges.

You can get an instant loan at an interest rate of 1.5%-2.5% per month.

The loan amount can be used for any purpose, such as higher education, wedding, business expansion, house renovation, travel etc.
The repayment facility is very flexible, and the loan can be paid at the borrower’s convenience. The loan amount can also be availed for just a few months.
EarlySalary also provides a personal loan EMI calculator to calculate the monthly cost on your loan, which will depend on the interest rate. It will help in analysing your expenditure for the month.

Steps to Avail an Instant Loan

Getting an Rs. 1 lakh personal loan is very easy, and individuals will not be required to go through a lot of paperwork or wait for the approval.

The steps to avail of an instant loan are:

Use the app or verify your number on the website.
Once you have registered, click on apply for a loan.
Fill out important information about yourself
After filing the details, you will get instant approval.
Further, upload your KYC and a few more documents.
Post KYC you can transfer the required amount. The amount will be transferred within 10 minutes.

Eligibility for an Instant Loan

To get an instant loan, the following eligibility requirements have to be met:

An individual must be a resident Indian.
They should be of the age of 21 years to 55 years.
They should have a minimum salary of Rs. 15,000 per month in non-metro cities and Rs. 18,000 per month in metro cities.

Further, the documents required are:

A selfie
Proof of identity: Aadhar card/Pan card/Passport/driver’s license
Proof of address: A rental agreement/Utility bills/passport
Proof of income: Approximately three to six months of Bank statements and salary stubs

Conclusion

Instant loans can be a great solution in a hurry. However, it is vital to understand all the implications of this decision before taking the plunge.

It is essential to know the interest rates and fees. Be sure you’re comfortable with the repayment schedule before you commit. Check whether there are any penalties for early repayment, make sure you borrow from a reputable lender, etc.

Also, read the terms and conditions of the instant loan carefully to make sure you understand what you are signing up for and to make an intelligent decision for your financial future.

Further, it is also crucial that you assess your repaying capabilities and the need for a personal loan.

Taking the time to consider all these points can help you avoid any unpleasant surprises down the road.

To get more information on instant personal loans, Visit EarlySalary

The Essence of Factoring Finance

March 19, 2022 by admin Leave a Comment

Your business can face significant financial constraints, forcing you to source funds from different financial institutions. One arrangement you’ll want to consider is factoring financing, which requires you to sell your business’s accounts receivables to a third party. With this simple transaction, your company obtains immediate capital based on the future income attributed to the accounts receivables. This financing assures you of multiple benefits, including the following.

Instant Cashflow

Suppose you are looking for immediate cash flow. In that case, factoring finance will be an excellent choice. This credit facility injects money into your business, allowing you to handle any urgent business needs.

Usually, this approach helps shorten the cash collection cycle. You could attribute this to the sale of the receivable accounts, where the sale attracts immediate cash. Access to liquid cash helps boost operational efficiency, cushioning you against the loss of clients and business.

Avoid Bad Debt

You do not incur any debt by selling your accounts receivables. It is a sale and not a credit facility. Its goal is to keep your balance sheet healthy, and your cash flows streamlined. Suppose you need an additional credit facility. In this, you will comfortably acquire a significant loan from any financial institution.

At the same time, you can avoid bad debt with this arrangement. It has a non-recourse factor that assumes the risk of bad debt. With this, you do not need to worry about any expenses from your income statement.

Remember, you can take advantage of early payment discounts. These discounts ensure that you have more money at your disposal, guaranteeing operational efficiency. Notably, improved cash flow could help strengthen your credit score in the long run.

No Collateral

Accessing finance can be a nightmare without collateral. Instead, the amount you get is based on the strength of your accounts receivable. As long as you have a robust portfolio, you can access a substantial amount. These elements make factoring financing a suitable choice for all businesses, including startups.

This arrangement does not require the business owner to provide personal guarantees. However, they must guarantee against fraud and any potential disputes. The customer’s inability to pay does not fall on you as the business owner.

In addition, there will be no need for credit screening. You will access the financing regardless of your creditworthiness. Thanks to this, you are confident of better financial and credit decisions in the long run.

Unlimited Amounts

Suppose you want funding that will comfortably grow with your sales. In this case, factoring will be an excellent choice. This approach allows you to access more funds as your sales grow. In turn, you can comfortably meet your business needs and market demands.

Accessing this financing is straightforward. You’ll not need to worry about unlimited checks, guaranteeing you a seamless process. Debtors will also pay their invoices on time to avoid credit impairment. This way, you can be sure of shorter sales cycles.

When looking for excellent financing, factoring should be a priority. It allows you to access better cash flows conveniently. With the insights above, you need to try it.

Different Types of Mortgages

February 28, 2022 by admin Leave a Comment

If you are about to take the plunge and purchase your first home, it is important that you arm yourself with as much information as possible. One of the most common questions asked by those looking for their dream homes is: “How much can I afford?”

While lenders may be able to offer a rough estimate, there are many other factors that determine what you can afford. Among them is the type of mortgage that you choose and whether your monthly income, debts and credit rating will allow for an approval.

There are some basic types of mortgages, including fixed-rate mortgages and variable interest-only mortgages, but the type of mortgage you choose will depend on your monthly income, what you want to purchase, your credit score and how much money you are prepared to spend each month.

Here we will take a look at some of the most popular mortgages for first-time buyers.

First-time buyer mortgages

First time buyer mortgages are designed for those who have never shared ownership of a property. It is possible to purchase your first home with another person, in which case you will need to take out a joint mortgage; but this article is concerned with funding 100 percent of the purchase price.

The most common type of first-time buyer mortgage is a traditional mortgage. This will require that you pay back the money over an agreed period of time (this period can vary, but 30 years is the most common) and at the end of which you should own your home outright. Monthly payments with a traditional mortgage are often higher than those for other types, but they make it easier to budget and there are no hidden surprises.

You will usually be required to put down a deposit when taking out your first-time buyer mortgage (typically between 10 and 20 percent) which the lender will keep in an account until you pay off part of the loan or until you have lived in your home for several years. The percentage you are required to pay initially will depend on the type of mortgage you take out. For example, if you opt for a traditional mortgage your deposit will be between 10 and 20 percent, but if you select an interest-only deal, it will typically be between 25 and 50 percent.

It is possible to go back to your lender at any time during the loan period to take out an additional mortgage on your home, if needed. This may be necessary if you need to borrow money for home improvements or pay for your children’s education. You are likely to have to pay back these advances along with the original mortgage when the term expires. However, many lenders allow you to repay this extra borrowing over a longer period of time at a lower rate of interest.

With traditional mortgages your monthly payments are fixed, but if you select an interest-only or an adjustable-rate mortgage, they will typically rise over the course of the agreement. This can be beneficial if you leave your loan open, as you won’t have to worry about the monthly repayments increasing, but you will also need to save money for your deposit and think about what you want to do at the end of the term.

Interest-only mortgages and adjustable-rate mortgages offer you more flexibility than fixed-rate mortgages, as they often have lower monthly payments initially. Many first-time buyer borrowers choose this option, particularly if they are unsure whether they will have enough money to afford fixed-rate mortgage payments. At the end of the term, you may be required to repay some or all of your borrowing, but some lenders allow you to extend the mortgage without going back through the application process.

Before ultimately making your decision, you’ll want to be sure you consider the pros and cons of each type of mortgage, and compare rates from different lenders.