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Showing posts from January, 2021

What Is Waterfall Financing and What Are Its Benefits?

High-level lenders are required to receive interest and principal payments for waterfall financing or payment structures, while lower-level lenders receive repayments after full-scale payments to higher-level lenders. Debtors usually make these schemes in such trenches, preferring the most expensive loans because they are the most expensive. Simply put, waterfall payment is a repayment system through which senior lenders first receive original and interest payments from the borrower, and subordinate lenders then receive principal and interest payments. A Few Advantages Of Waterfall Payment: Waterfall financing payments are common for borrowers in multiple installments. This protects the lender from being over-represented in the debt structure. The concept of waterfall can also be used in the world of personal finance. An individual first has the idea of ​​repaying the most expensive loan. It has certain advantages such as all the requirements clearly and precisely, they do not change

What Is Consumer Financing & Why Is It Useful ?

Ever heard the term consumer finance? You might think I know what’s a consumer and what finance means but consumer finance is an alien term. So, let us give you a tour of the world of consumer financing. What Is Consumer Financing? Consumer financing means lending money or granting credits to consumers so that they could buy goods of their everyday needs or spend it on some other necessities like a property, a TV, or even that branded watch you want. Types Of Consumer Financing : Consumer finance is divided into various categories: Revolving Credit : revolving credit is a process in which the credit is granted throughout the granting period and the limit is set on the amount of money one can withdraw just like a credit card. Fixed Credit : fixed credit is a process in which credit is granted for a particular period and the sum credited could be varied and does not have a limit just like loans. Who Lends The Money? The source through which consumer financing is received are many, and

What is Point of Sale Financing & How It Works?

Money is one of the major requirements in our day to day life, it is not daily that we spend a huge sum of money on something it can be a TV, laptop, or mobile phone. Not every person can have such a lump sum amount of money with them every time they go out shopping or even when they decide to buy a new item. The first idea which comes to our mind during such a situation is why don’t shops provide the service of buy now pay later. Well, in that case, there is a piece of good news for you all, with Point of sale financing buy now pay later guaranteed approval. What is the Point Of Sale Financing ? Point of Sale Financing is a method in which a financial service provider is generally involved during making payments. These can include additional tasks and interest but you get the money within a few seconds or even a few minutes with a pay detail slip. How Does It Work ? Point of sale financing comes into play at the end of a product purchase, this can be carried out in shops or online st