Vectors and 3D Models
Local Search - Fitness
Weather Information
Get the App for Smartphones and Tablets

Go Back

WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch

Page Generation Date and Time:
12/16/2019 05:48:04

Free the Animation VR / AR
Play to reveal 3D images and 3D models!
Demonstration A-Frame / Multiplayer
Android app on Google Play
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!

Alexa Data

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:

With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News -
The Daily Files -
All the Directory Files -

Web version of feeds:
Podcast Music -
Daily Files -

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game

You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
ManucureTower Of HanoiXtreme PinballChaos FactionFlying Fish

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows

Article Keyword Videos to Watch
Click on the image to start the video.

Related Topics
Images - Links - Articles


Related Images

Article Category Videos to Watch
Go to the Videos Pages

Commercial Business Loan - Avoiding Hidden Costs

Commercial business loan, how do you avoid the hidden costs?

As an entrepreneur, you may feel like the search for funding is never ending. Perhaps you are considering closing a loan in the near future. Beware that hidden loan costs often make a loan package appear much less attractive than you originally thought. Whether or not you are in that process of getting a commercial business loan now, it is important to know what costs can be avoided.

The first step in the process of avoiding exorbitant or hidden fees is simple: do some research. Be sure that the lender you are considering is reputable, and do not hesitate to ask for references. If you are still wary of a lender, avoid them altogether.

Also make sure you know your credit position and clear up any mistakes. Taking the time to check this before finding out too late that your credit report prevented you from getting a commercial business loan is well worth the effort. Once you have a good handle on your credit position, do not be afraid to shop around. Negotiation can and does happen, especially if lenders are competing for your business.

Even if you are pressed for money, you could end up getting yourself into an even worse situation if you rush into the commercial business loan process without sufficient preparation. Get a lawyer to review your documents if you want to be sure that you are not getting a bad deal.

So what exactly should you watch for carefully in the paperwork? Start by reading every word in the contract. If something looks unfamiliar or you do not understand, be sure to ask for clarification. Look out for extra fees that had not been discussed previously. Many times insurance companies make a large part of their profit with extra fees that could be avoided, and unscrupulous companies may be tempted to add more fees in the contract hoping you will not notice.

Most additional fees come in three types: broker and lender fees, third party fees, and government fees.

Broker/Lender fees: These are the fees charged by your broker that they may be most willing to negotiate. Administrative fees, processing fees, and document preparation fees all fall in this category. If the competition for your business is high, you may be able to negotiate these fees to your advantage.

Third party fees: Lenders sometimes pass on the fees for services like notarizing, title work, appraisals, and inspections to you. Overnight delivery fees and courier fees can add up as well. All of these fees are negotiable.

Government fees: Any fees required by the government with a commercial business loan transaction are non-negotiable, and you do not have a choice in paying them if you want the loan.

These fees underscore the importance of not assuming anything about the terms of a deal. Take only what is stated explicitly in the contract as your agreement. For example, you should be aware of large pre-payment penalty fees (sometimes called redemption fees) or refinancing packages at lower rates—sometimes refinancing is actually more expensive in the end.

Also, be sure to know the frequency of interest calculation. Daily interest will add much more quickly than monthly interest, for example.

Some lenders will provide you a good faith estimate of fees before the underwriting process, but this leaves you open to more fees later. Doing business with a lender that guarantees their fees is the easiest way to make sure you do not get hit with lots of unexpected costs when you finalize a commercial business loan. It will also give you an immediate, accurate picture of what the loan will really cost.

About the Author: Ryan Mapes is currently the General Manager for the He helps facilitate startups, business owners, and small business owners in obtaining a commercial business loan or other forms of funding.

Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2019 WhmSoft - All Rights Reserved.