With Your Own Business Financing Service
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by: rdokoye
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Word Count: 401
Date: Thu, 22 Jan 2009 Time: 12:00 AM
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If you have ever wanted to venture into something that didn't require too much of your time, yet could give you a possible income of $100,00 per year or more, a business financing services is without a doubt something you might want to consider. This is the sort of business that doesn't require any special skills or even a storefront office, it won't consume much of your time, yet offers are fairly prestige coupled with more power and faster earning potential than just about every business opportunity available to the average working person.
The average net profit of people in this kind of business is $75,000 per year, before taxes. Most began on a part-time basis, operating out of their homes. Within a short period of time, varying with expenditure of time and effort, most has luxurious professional office suites with many clients from all over the country calling and asking for help. Perhaps best of all, this is a business you can operate with nothing more than a part-time secretary/bookkeeper, a telephone, and business cards.
There are many attributes to this type of business which entail bringing bother lenders and borrowers together for venture capital, expansion capital, operating capital and of course, mortgages of all varieties. Concerning mortgages, its best to look at it from this perspective: virtually every building currently erected in this country, that's homes, office buildings, apartments and factories has a mortgage on it, and someone is making a significant amount of commissions bringing together two kinds of people, those that want the money and those that want to lend some money.
A business financing or money brokerage business is the ideal sideline business for real estate brokers, sales persons involved in business sales, investment brokers, attorneys, accountants, and retirees from almost any occupation. This is definitely one of the truly recession-proof businesses that actually seem to flourish in times of tight money.
Your potential market: every year that goes by there is more than 10 million business loan applications that are filed with the banks in this country. It is fairly common for banks to be working on up to 250,000 business loans each week, in loan amounts that range from $25,000 to well over the million dollars mark. Around 65% of all the business loans that are actually granted by the banks are short-term commercial loans; only a measly 25% of the loans are long term, with fewer than 10% granted for.
About the Author
Uchenna Ani-Okoye is an internet marketing advisor and co founder of Top Affiliate Programs
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