Author: Zip Loan

Zip-Loan is a financial technology company (FinTech) specializing in all merchants. We are a disruptor using technology to provide financial services with speed, ease and transparency. We are a leading provider in retail consumer financing, offering a wide variety of flexible payment plans for our members. Our available financing services not only provide flexible payment plans for your customers, but they also provide our members leverage when it comes to bringing in more sales. Reach us for : Powersports finance Charlotte North Carolina finance company Healthcare finance Jewelry and bridal financing Home improvement financing No credit check furniture financing Charlotte North Carolina finance company Funeral service financing Consumer goods financing Automotive repair financing Business loans in Michigan Finance companies in greenville nc Small business loans greensboro nc Carolina finance llc Asheville NC Small business loans Raleigh NC Small business loans north Carolina Business loans Greenville sc Finance companies in columbia sc SBA commercial loan Small business loans south Carolina Business finance business finance loan

Everything You Should Know About Medical Equipment Finance

medical equipment finance

Whether it is a large hospital or a small clinic, Medical Equipment Finance has become a popular way of acquiring expensive equipment in the healthcare industry. In fact, as per the industry report, the medical Equipment Finance Market is projected to grow at 6.6% CAGR up to 2026. The rising demand for advanced equipment is a major reason why people are going for Medical equipment financing. 

This article will take you to the core of medical equipment financing and how it is best suited for your needs.

Why medical equipment financing?

It is mostly used while buying high-end medical equipment. Due to a restricted budget, most small clinics as well as big hospitals buy medical equipment with a loan. There are many suitable customer financing programs that will help you to buy such equipment easily.

Given that the medical equipment like CTs and MRIs costs a whopping amount, it’s best if you buy it with a little assistance from such finance partners. In case you are wondering, the interest rates are quite reasonable at most of these financial service providers. It’s mainly because their rates, as well as, policies vary vastly from the traditional financial institutions.

Features of medical equipment loan

As the medical industry is growing super-fast, it needs more aid in terms of finance. These service providers help healthcare industries to offer better medical facilities to the people nationwide. Some of the best features of medical equipment finance are:

  • You can use this loan only to finance medical equipment and their parts.
  • There are numerous companies that offer tailor-made financial solutions for the required medical equipment.
  • You can repay the loan within a tenure that varies from 12-84 months.
  • You need to provide collateral for a certain amount of loan.

Few Advantages of availing such loans

  • Get equipment instantly

The best thing about medical equipment financing is that you can own costly equipment without paying the total price of the product or its parts. Due to the flexible policies and eligibility criteria, even the newly started hospitals can also avail loans to acquire advanced equipment.

  • Ownership

When all the terms of loans are met and the tenure is over, you will get the title of the equipment. That means you will completely own it once you pay off your loan. Usually, medical equipment has a long life which helps you to earn way more than you have paid. Thus, you can maximize your return on investments within a very short period of time. 

  • Don’t block your funds

Utilizing all the available cash in buying medical equipment will block your funds. These Medical Equipment Finance solutions help you utilize that money to invest in some other aspect of the business and enhance your service.

These were the few essential things you needed to know before opting for medical equipment finance solutions. In case you are looking for reliable medical equipment finance services Zip Loan can be the best option for you! For more information, visit https://www.zip-loan.com/ !

How to utilize yourbusiness &consumer loans!

business finance

The popularity of retail consumer financing has significantly grown in modern times. With the increase in the number of start-ups in various industries, there is an enhanced need for business loans in Michigan among all the entrepreneurs. In case you are wondering, in comparison with the bank, it is much easier to obtain a consumer finance loan from any of these financing companies as the constraints are lesser. 

Transforming scenarios

The good news is that the scenario for business finance loan and consumer loans is transforming further with time. The number of lenders has increased a lot, and the best part is that they have come up with fresh norms, low-interest rates, and revised tenures. This is expected to revive the financial situation of many businesses in Michigan as well as the rest of the United States. 

The small businesses, to be specific, are expected to be more benefitted from business loans in Michigan than the others. But how? Let’s take a look at it!

Utilizing the loan money!  

If you have just started your business, there’s so much that you can do with a little financial assistance from these companies. 

  • The best ways to promote your business online are through websites and apps. But they can be quite costly so you can use your loan money to invest in the proper promotion of your business and create brand awareness in the market.
  • Another most common usage of business finance solutions is for expanding the product range. There’s no bound on what your business can achieve with a little financial support. You can add more products to your list of offerings or modify the existing ones to meet the ever-evolving market demands. This way your business will always stay updated with the changes in the market and keep your customers hooked.
  • No matter which industry you belong to, infrastructure is extremely crucial if you want to produce and sell quality goods and offer premium services to your customers. The only way you can ensure the best infrastructure for your business is through such business financing solutions. You can invest the loaned money on delivery channels, storage facilities, payment gateways, and even security systems. 

That wasn’t all though. But you probably got an idea of how even a small business finance loan can transform your business and take it to the heights of success that you always imagined. So it doesn’t matter if you have a small or large business venture, you need to opt for such business loans if you want something more for your business without spending all your business funds. 

Finding the best!

You just need to do some research and find the right company for the loan and you are sorted. If you are still in doubt regarding your choice, then you can trust Zip Loan blindly. They are not only industry experts but are also highly reliable when it comes to availing huge business loans. Just click on https://www.zip-loan.com/ to explore their services anytime!

Everything You Need to Know About Consumer Goods Loans

automotive repair financing, consumer finance

Consumer Goods Loans are effective solutions for common people to buy home appliances, vehicles, electrical appliances, electronics, and other such items at easy installments. People generally take up these kinds of loans for buying automobiles, house appliances, kitchen appliances, and others. Another important factor is that consumer goods financing applies only to the products or items that have a warranty on it.

How Does the Consumer Goods Loan Work?

The consumer goods loan is processed easily and directly to the account of the seller without the interference of the customer’s account. After the payment is made, the customers will be signed up for the repayment in installments.

The installments are decided upon the interest value and the period of repayment chosen by the customer or consumer. The consumers are allowed to choose a tenure of up to 24 months while availing consumer goods loans. Different institutions offering consumer goods loans might have a different rate of interest and repayment tenures. The auto loan repayment tenure can be up to 2 to 7 years and are typically a secured type of loans.

You can also give some amount of the total money as a down payment to reduce the installment amount and the interest money. Most of the consumers prefer clearing the maximum possible amount by giving the down payment, after which a minimal amount remaining is put up for repayment in installment as per the loan aspects.

There are many such goods that a normal family cannot afford with one-time payment schemes. Therefore, this is a vital option for those individuals who want flexible payment schemes over one-time.

What are the Documentations Essential for Getting Consumer Goods Loan?

There are not many documents essential for the process, as you just need to show identity proof, address proof, and income proof. These are the only things that you will need to produce to the financial institutions for availing the consumer goods loans in no time.

For buying some of the bigger products such as automobiles, you might need to produce your bank statements as well. But for the smaller devices, appliances, or others, these documents might not be asked on a strict basis.

Reasons to Consider Consumer Goods Loan

Here are some of the reasons for which you must consider consumer goods loan on priority:

  • You get an additional payment method for buying your favorite goods.
  • The approval rate is fast, and you can make same-day purchases.
  • You can also avail auto-pay options so that you do not need to manually pay the monthly installments again and again.
  • Some institutions offer No Cost EMI for a stipulated tenure for the consumers to avail.

These are a few of the things that you must know about consumer goods financing from any of the professional financial institutions. Zip Loan is one of the popular financing firms that offer consumer goods financing solutions at a low-interest rate. Not only that, but you also get other finance solutions such as automotive repair financing, business loans, and others. Reach out to them to know more about them today.

Documents Required for Processing Small Business Loans

business finance, Business loans

Processing small business loans is quite easy, but you need to produce certain documents to the banks or financial institutions to prove your credibility. There is a list of documents that you need to get ready before reaching out to any financial institution. Around 56% of the small businesses are looking for funding solutions to expand their businesses, whereas some prefer these loans to start up their foundation.

Essential Documents for Processing Small Business Loans

Here is the list of documents for you to keep ready at the time of filling loan applications:

  1. Identity Proof

The basic document that you need to produce is the identity proof, bring in the original as well as a copy of government authorized identity card to prove your borrower credentials.

  1. Address Proof

The next document is address proof. Some of the possessions such as electricity bill, passport, telephone bill, lease agreement, trade license, and others, have your address mentioned in it. These documents can be used as effective address proof. You need to carry the original as well as a copy of it.

  1. SBA Forms

If you are going for SBA loans then you need to produce different SBA forms. But before that, you need to check the eligibility requirements of SBA loans like:

  • The business should be 3+ years
  • The credit score should be 675+.
  • The owner should have at least 50% of the share in his/her name.
  • You should not be declared as defaults by the Government.
  1. Financial Documents

The financial documents are also important to submit to give an idea about the taxation and other profit/loss aspects of your business. The documents that you need to produce are a balance sheet, bank account statement of the past six months and a copy of the income tax return filed.

  1. Business Plan Blueprint

If you are starting up a business, you need to produce a document with a proper explanation of your business plan. You might need to give a short presentation of your business plan as well to help convince the financial institution about your successful venture. This is essential because the financial institutions approve SBA Business loans only if it has a scope of success that would give them the belief of repayment.

  1. 5 C Proofs

You need to prove that your company is worth taking risks. You need to produce documents to prove 5C’s of credibility that are capital amount, credit score, the capacity of paying back the loan, collateral guarantee, and character. These aspects are considered important for financial institutions to believe that the person seeking a loan is worth taking a risk.

These are a few of the documents that you need to possess and produce to the financial institutions to get hassle-free small business loans in South Carolina. Zip Loan is one of the best financial institutions that have a lot to offer with respect to business loans. They have all sorts of perks to offer you business loans at a low interest. Get in touch with them to know more about their offerings.

Why people look for different financing options for select situations in life?

business finance, Business loans, consumer finance

Not all families are financially strong to fulfill their luxury needs. This is the reason for which prefer taking up financing options with a decision to pay a subtle interest to the principal amount for buying the luxury needs. With the help of the top financing firms, the middle-class families can manage to buy the amenities that were not possible earlier. As in 2019, there was over 105 billion Euros of new consumer lending stated by the FLA members that showcases the demand of consumer good financing.

https://www.fla.org.uk/research/consumer-finance-key-statistics/

In this article, you will know about the perks that people get on different types of financing solutions such as consumer good financing, automotive repair financing, or others.

Increased Trust of the clients with the firms

Usually, the clients or customers find it difficult to trust the firms unless they find it legit. One amongst the other options is legal service financing, where the top firms will offer you financial assistance for your legal proceedings. Some of the property or other legal acts require hefty financial backing to win the case or turn into your favor. Considering that, the financial firms offer a legal service loan system to help the clients and customers in the process. This ensures the trust and rapport of clients and organizations. So, to keep it constant, the companies make sure to offer flexible payback options.

Faster processing of the loan applications

Con

–does not take time for the processing as everything is online today. You just need to give your correct credentials and choose the options for financing in which you are comfortable. Once you do that, you will immediately get your payout in your account or will be transferred directly to the company from where you are purchasing the goods. After this, you will be given an installment scheme with an interest rate for your payback, which will be flexible enough for you without much hassle.

Less Risk factors

The professional firms have a team of experienced consultants who will help you understand all the legal aspects of financing before proceeding with the application. If you are financing for the first time, then the risk concern in mind is quite genuine for the additional interest charges that will come on you. Do not worry as the best financing firms are transparent with the consumers in terms of interest rate and other information. So, you do not need to worry about any financial burden on you for availing consumer financing options.

Here are the three best reasons for which people look up to different types of financing options available with the top firms. You can seek legal financing options, automotive repair financing, consumer goods financing, and many other such options. Zip Loan is one of the top firms that offer consumer financing options with the best rate of interest without any hidden charges. So, get in touch with the consultants of Zip Loan today to know more about their offerings.

The need for taking financial assistance for HVAC and furniture financing

business finance, Business loans, consumer finance

There are financing options available for everything you purchase today. If the price tag of the good is beyond the budgeted mark, you can always turn up to financial assistance from professional firms to get your loans approved for all types of appliances or goods you purchase. Amongst all the options two most uncommon product categories, such as furniture and HVAC system, also gets the financing options by top firms. Around 76% of the consumers decide on purchasing goods when they are offered with hassle-free payment options.

https://www.businesswire.com/news/home/20181108005056/en/76-Consumers-Purchase-Simple-Seamless-Payment-Plan

In this article, you will know whether taking the financing options for these items is a good decision.

Finance Solution for HVAC System

HVAC financing is an efficient help offered by some of the top financing firms to help the common people afford the air conditioning, ventilating, and heating systems in their houses through a single unit. Not all families can afford it with single buying and installation payments. Therefore, the financing solution is considered to be one of the best remedies to deal with financial problems but still get the desired products at home.

Although, you will have to pay a little more for the HVAC system by the time you complete the payback. But this is a reasonable interest amount that is taken from you for giving you the relaxation of paying for the items you use. So, if you are thinking of buying a new HVAC system and do not want to invest all your savings on it, then you can seek help from the top financing firms to help you with HVAC financing options at a reasonable rate of interest.

The professional firm will help you understand the options using which you can get the loan for buying and installing the HVAC system. Some of the available options would be:

  • Credit Card loan
  • Home equity loan
  • Installer loan

These are just a few options as the consultants will give you a brief explanation about all the available options for financing.

Finance Solution for Furniture

Some people are quite fanatic about having great furniture in their house. It is evident that good furniture comes with a hefty price tag. If you want to give a mesmerizing makeover to your house, then adding attractive furniture is the key. Not most of the people are financially strong enough to fulfill their dream of getting premium furniture in their house.

For that, the top financial firms are here with no credit check furniture financing solutions at a reasonable rate of interest. There are several options that you can avail, and the consultants will help give you a brief explanation about it. You need to pay a little extra for the furniture by the end of the payback period, but that is worth the relaxation.

So, now you know that financing for the two above necessary goods is not a bad option. You will get good rates for the payback that must be your sole priority. Zip Loan understands this need of the people and has kept their rates quite minimal to be acceptable by the larger audience. So, get in touch with consultants of Zip Loan today.

Know the effective options for attaining auto repair financing solutions

business finance, Business loans, consumer finance

Most of the time, auto repair expenses are quite unaffordable. For tackling this scenario, there are professional firms that take up the charge for offering automotive repair financing options to the clients. But before availing the services, it is your right to compare the rate of interest and the monthly payback installments. This would help you in making an ideal decision. As per the surveys are concerned, even a new car has to go through a maintenance or repair work of up to $1200 every year. In correspondence with that, only 1/3rd of the US citizens are financially sound to afford these expenses. 

Your options for auto repair financing

In this article, you will know about the efficacy of taking up automotive repair financing help from professional firms.

Take up personal loans

The financial firms are meant to offer you personal loans at a reasonable rate of interest to help you in easy payback. You can take the help of the consultants to understand all the guidelines and policies before you advance to fill in the application. Make sure you compare the interest rates to avail of the best plan available with the firm.

Personal loans can be used for any personal expense, and automotive repair is one of those needs that comes up as a sense of emergency. This is one of the prominent ways to deal with your car repair emergency problems. But the interest rates might be standard that is destined for personal loans, and you might not get any relaxation for your automotive repair concern.

Auto Repair Lender Financing

If the car is severely damaged, then you need an auto repair or lender loan to either replace most of the parts of the vehicle or get a new one instead. People with moderate credit scores can also avail of this emergency type of loan to help themselves handle the repair costs and replacement costs while fixing the damaged vehicle. Moreover, automotive repair financing is also processed fast as compared to the personal loans, and the rate of interest for paying back is also comparatively less that makes it a better option to avail at the time of emergency.

Credit Card loans

If your repair cost is subtle and you just need a little amount to get it fixed as new, you can refer to your credit card for the loans. The credit card loans are easy to get within a minute of time and is quite feasible for payback. You just need to get in touch with some of the consultants of professional financing firm to know about the top credit card service providers. With it, you can decide your limit balance and take up the loan via your card for easy payback.

These are a few of the types of loans that you can avail of if you are facing an automotive repair emergency. Not only auto repair financing, but you can also go for consumer goods financing options to help meet your requirements. Zip Loan is one of the top firms that offer automotive repair loan solutions at a reasonable rate of interest. So, get in touch with them today.

Funeral service financing to keep the costs down at tough times

business finance

Both life and death are uncertain, and so are finances. You can’t be always prepared for someone leaving this mortal world. Unfortunate are those who have to deal with the loss of their loved one and have to bear the shoulder breaking cost of the funeral when they barely earn for a living. For people who want to bid farewell to their loved one and dispose of the body of the deceased respectfully with a memorial service that doesn’t cost them their whole fortune, funeral service financing can be a great supporting alternative. 

A brief overview of funeral service financing

Death isn’t dependent on finances. People die, and this is regardless of how much debt or wealth they have. When a death occurs, often a family may be stuck with a little income to cover the huge funeral bill. Economically struggling families that cannot afford cremation and funeral service can always opt for funeral financing to plan funeral services at a low cost without skimping on quality and making well-informed decisions. 

Credit analysis for undertaking funeral loans

It is needlessly true to say that making arrangements to lay a loved one to rest is sometimes can be unbearable. Funeral service financing can be a great alternative for a variety of reasons. Funeral loans are a boon because they are generally paid in EMIs. Credit analysis is also not an issue with timely service. Credit analysis for funeral servicing is based on the factors enlisted below:

  • The first factor is the capacity that focuses on the cash flow of the borrower. The lender wants to analyze and evaluate if the borrower will be able to repay the loan in time. The cash flow should be stable and the debts should be minimal to make the repayment process smooth.
  • The next factor is the capital. The lender might enquire about the exact amount that you are asking or, the repayment time and the type of arrangements that you are trying to make. 
  • The third factor is the character. The financing service needs to know that the borrower is honest and has integrity. In order to be confident about the applicant, personal information such as education, background, contact information, etc. are required for a successful grant for the loan. 
  • Collateral isn’t needed for most causes, but the financing service evaluates the economic condition in which the borrower currently is.

Budget funeral planning to give your loved one the best funeral

When someone is living frugally, even an average funeral can cost a good thousand dollars. Just like getting a business loan that can hold your business back at tough times, funeral financing can help to give respect and dignity to the deceased in a way that won’t cripple the finances.

Families and friends already have a lot piled up when they lose someone, and while coping with the emotional distress that accompanies the loss, the financial end shouldn’t be a burden. Act smart opt for funeral service financingand save yourself from all the financial trouble, which even the dear deceased would approve. 

Reasons for Which the Small Businesses Seek Loans

business finance, Business loans, Small Business Loans

Small business finance loan is quite common today due to the booming count of entrepreneurs. There are over 30.2 million small businesses only in the US. People who are planning on establishing a company usually take the help of professional finance companies to get business loans in Michigan. The funds are usually required for the businesses to maintain capital. Most of the big banks approve around 26.9% of the small business loans. Some of the common reasons for taking up business loans is the growth and expansion of the business. But apart from that, there are few other reasons as well for which the businesses might seek loan assistance.

https://99firms.com/blog/small-business-statistics/#gref

In this article, you will know about some of the reasons for which the businesses seek loans for the seamless running of their business.

Promotion or Advertisement

Most of the small businesses in Michigan are taking up loans to promote their new brands and advertise it on several platforms to improve the client or customer base. For a small or new business, attracting major clients is quite essential, and advertising and promoting is the best measure. For that, you need to make a healthy investment, and taking money out of the capital for it might be troublesome. So, they consult professional finance companies to get them the business loans.

Supplier Payment needs

For the seamless running of the business, the payments to the respective suppliers on time is quite essential. These are upfront costs, and even though you experience profit or not, you need to pay these amounts mandatorily. There are fast and small business loans with banks for such needs. You can consult any professional finance company to get information on that. If you do not want to spend your capital investment in paying the bills or supplier payments, then take up these small loans instead of the purpose.

Buying Equipment

There are many businesses that require several high-end equipment or machinery for their operation. Not all the start-up business have enough funding to buy all the necessary equipment. Therefore, they seek help from a financing firms to make it light on the pocket for buying the equipment. With better equipment and high operational efficiency, the company would eventually make better revenue to pay back the loan amount before time.

Relocating the business

If you are an existing business owner and want to change or shift your facility, then the overhead costs might be too much for you to bear. Therefore, if you are relocating or changing your business trade, then you can seek help from the business loans in Michigan to help you move to your destination without any financial hassle. These are fast loans that the professional team of consultants will make you understand.

These are the four reasons for which the businesses seek help from financing solutions such as loans to handle some efficient jobs of the business. The professional consultants will help you understand the right type of loan you must take along with all the associated information.

Things to know about hiring professionals for getting business loan consultation

business finance, Business loans, consumer finance, Small Business Loans

For all the businesses to start their services seamlessly needs to have a capital amount for handling the initial expenses. Without it, the profitability will be compromised, and the company will be limited by funds. 60% of the small business owners take up business loans for the growth and expansion of the business. Therefore, taking up a business finance loan is one of the adequate measures to help a small business grow in the initial phase and bring in maximum profit. But it is also essential to look after whether the long-term loan application is processed well without which the repayment becomes a hassle and the credit score deteriorates.

In this article, you will know about some of the things that professional finance companies in Asheville, NC, has to offer in terms of assistance to your business loan needs.

Assistance in choosing the right loan

The professionals will make sure that your company fundamentals are right on behalf of which you can take the loan. They will also analyze your needs and requirements, which brought you to the decision to take a loan. You must opt for a business finance loan only if the necessity is beyond self-control. The professional consultants will help you to understand the available options better.

The team of consultants of the professional firms will take the info from you about the loan type you want. It is essential for you to state whether you want a loan to increase your credit value or for handling business expenses. After you have defined that, the team of consultants will request you for the desired amount and the repayment tenure. After all the necessary processes are done, the professional finance companies will select the right type of loan for you.

Extensive Loan options

There are many loans designed by banks, especially for funding assistance for small businesses. Without professional help, the banks would take months to process your loans, and that would be a great hassle for you. There are short term and long-term loans for small businesses. But the professionals will always suggest you start with the short-term loan in order to make a better credit score.

If you delay payments on long-term business finance loan, then your credit rating would go down, and banks would find it difficult for clearing loans for you the next time. As per the statistics are concerned, around 75% of the new business finance needs are availed through business loans credit cards and business credit lines. 

https://www.finimpact.com/why-your-first-business-loan-is-so-important/

Comparison of the loan providers

The professional consultants will do their job by comparing the efficiency and genuineness of the loan providers. Every loan provider is usually different in characteristics and offerings. So, the team of professional business finance companies in Asheville, NC, will help analyze and compare the efficacy of the loan providers.

These are the three important things that the professional companies have to offer you with respect to small business finance loan for your capital investments to make your business stand stable in the market.