We regularly make loans in amounts from as little as $5 to as much as $1,000,000,00

We regularly make loans in amounts from as little as $5 to as much as $1,000,000,00

Borrowing money at National Pawn & Jewelry is easy and fast. And we make the process simple, pressure free and easy to understand. We offer tremendous advantages over traditional lending institutions. For instance, we pay out in cash on the same visit. Also, we do not require a waiting period. When our customers need a quick cash loan, they know we will loan them top dollar for the collateral they deposit.

At National Pawn & Jewelry, one of the key ways we help people in the community is to provide fast and easy loans. But we are not like the larger banks or conglomerate lending institutions. Our process is simpler and more straightforward. With a traditional institutional banking loan, the borrower needs to fill out a lot of paperwork and undergo tremendous scrutiny. And when you get a loan with a bank, sometimes you feel like they are doing you a big favor. (далее…)

For example, acquisitions of capital assets in exchange for cash to the same value do not change net worth

For example, acquisitions of capital assets in exchange for cash to the same value do not change net worth

2.108. Assets are defined in the system as instruments or entities over which ownership rights are enforced by institutional units and from which economic benefits may be derived by holding them, or using them, over a period of time. Financial assets are assets that are in the form of financial claims on other economic units. All other assets https://paydayloansohio.net/cities/beavercreek/ are described as non-financial assets and include fixed assets, inventories, valuables (e.g. works of art) and non-produced assets (e.g. natural forests, mineral reserves). Each of these classes of assets is described more fully in the section ahead on classification of flows and stocks.

2.109. Liabilities are defined in the system as obligations to provide economic value to another economic unit. Liabilities are the counterparts of financial assets held by the claimant economic units.

2.110. Shares and other contributed capital of public corporations and quasi-corporations are viewed as financial claims on the corporations and quasi-corporations and the counterpart of financial assets of the owners of the corporations (i.e. the proprietor governments and minority shareholders).

It should be noted that, for general government, net assets and net worth are identical

2.111. (далее…)

How is land loan different from home loan?

How is land loan different from home loan?

Synopsis

Indian investors are traditionally inclined towards buying land either purely as an investment or for building a house. So, if you are looking to buy a plot, you may not be eligible for a home loan, but for a land loan. Home loans are available only for the property already constructed, under construction or likely to undergo construction soon. For funding the purchase of a vacant plot, you will have to go for a land loan instead. Although the terms, rates and processes related to land loans are similar to that of a home loan, there are some intrinsic differences between the two as outlined below:

Property Location and Type: Unlike home loans which are available on all properties irrespective of their location or type, you may get a land loan only for a residential plot. Also, “the property should be located within municipal or corporation limits. Consequently, you cannot obtain funding for buying an agricultural land, or for buying a piece of land in a village. But you can go for a home loan, for constructing your house in that piece of land, after the purchase,” says Adhil Shetty, founder & CEO of .

Lower LTV: Loan To Value (or LTV) is the quantum of loan you can get against a property. While you can avail up to 80-85% funding in a home loan (90% in some cases), for a land loan, the maximum LTV is stipulated at 70% of the plot value at best. (далее…)