Customers are looking for loans from sellers who appear more approachable. You risk losing customers if you insist more on selling the product and ignore your customer’s feelings. Here are some tips towards achieving meaningful relationships with your prospects.Understand the Customer’s NeedsYou should be familiar
To be a successful loan officer, you must master the art of timing. For example, closing deals during the holidays can be almost impossible. Most leads postpone signing the contract until after the festivities. Second, getting your facts right regarding the interest rates, terms, and
Silent liens refer to a lien that is not on any public record. The IRS uses this type of lien to invoke a more aggressive approach to collecting unpaid taxes on the lien when other methods have failed. This can cause many problems for a
Securing a loan for your startup venture or for keeping your business afloat can be incredibly challenging. Despite having many business financing options, getting a loan is still hard, especially for first-time business owners who don’t understand the requirements.To get a better understanding, here are
The finance sector is quite a challenging industry, especially if you are an employee or an entrepreneur whose business engages in the loans and the financing sector. Risks such as bad debts and a bad business reputation may make your job or business go down
A LLC or Limited Liability Company is a type of private business not subject to as many laws as standard businesses which makes the structure more flexible. An LLC cannot be double-taxed because the pass-through status allows them to report business income on their personal
In the United States, there are four main types of business taxes that the federal government administers. Business owners or managers should be aware of their responsibilities in paying each type of tax, as well as any additional taxes they may have to pay at the state
If you’re a budding entrepreneur, you’ve no doubt asked yourself, “How much money do I need to start my business?” This is a question that every single person who has ever started a business has asked themselves, so you’re in good company. While there are different initial costs
While businesses are only required to file an income tax return once a year, there are several other factors to consider when discussing business taxes. One of these is the due date of the business’s tax return which is dependent upon the structure of the
Owning a business is a dream that many people share. When you are going to be a business owner, it is important to understand all of the expenses that your company will incur. One cost that a lot of business owners do not always think