Business

by Michigan Municipal League (MML)

Article by Graham Filmer

If you cannot afford to buy a good quality, reliable car then you could end up spending more money in the long run on repair bills and servicing. It will be much more cost effective and less hviagrasle for you to spend a bit more money and get a solid car that will not need a lot of work. Car finance can provide you with a way to afford a good quality car. You may also have always wanted a luxury car with leather seats, air conditioning and all the extras but have never been able to afford it before. Car finance can also provide you with the chance to buy the car you have always wanted.Car Finance OptionsThere are a number of options available for car finance. It is a good idea to spend some time doing research on financing options to get the best deal you can. With the recent credit crunch personal loans from banks have soared in interest costs, but some dealers are still offering some competitive financing options. The Internet is also a good source for car financing options and because there are less administration costs for processing finance products online you can get some good deals over the Internet. This is also a very easy way to sort your finances out as you can go online 24/7 to apply for a car finance deal.Choosing the Right DealBefore you choose a car finance deal you will need to work out exactly how much money you need and can afford to pay back. Review your outgoings and judge how much you can allow to paying off any financing deals. This will help you to work out how much money you can afford to borrow towards your new car. Now you have an approximate figure in place look around for a few suitable cars in your price range. Don’t go out and look at cars until you know exactly what you can afford. This could lead to an impulsive purchase if you see the car of your dreams and you could end up taking out a finance deal that you could struggle to repay.You will pay less interest on a short term finance deal but the monthly repayments will be higher. If your income is already stretched a long term finance deal could be a more suitable option, as although you will pay more overall the monthly repayments will be lower.Dealer FinanceSome car manufacturers offer competitive finance deals on new cars to boost sales. This can be a good option if you want a new car as these deals often come with additional extras such as two to three year warranties and low annual percentage rates (APR).

About the Author

You can finance a car in a number of different ways. This can help you to afford a solid, reliable car or invest in the new car you have always wanted.

by mars_discovery_district

Article by Paul Godfrey

Increasing complexness and order of magnitude of farming and Financial agriculture have lead to the innovation of agriculture machinery which speeds up the process of agriculture while cutting down the dependency on labor as well. Knowing the complex functions which agricultur emachinery perform, they are undoubtedly expensive and for purchasing them would lead to requisite of farm machinery Finance.

Farm Finance is available on special farm machinery such as Tractors, power tiller, ploughing equipment, planting equipments, combine reapers, irrigation systems. Nonetheless there are certain prerequisites to availing farm machinery Finance UK.

Farm loans are offered calculating up the farmer’s necessities. In UK, farm machinery Finances are offered in the range of GBP 10000 to GBP 150000. Farming itself is an irregular activity which makes it imperative to extend highly flexible Finances. Farm machinery Finances can be availed to buy new farm machinery or second hand farm machinery.

You could avail farm loans either through fixed charge per units, variable rates or prime rates. Farm finance options taken under fixed rates means your installment is spread over fixed period of years viz 1 year to 10 years. The Finance repayment sum will be comparatively small since the Finance period is spread over a period of time.

You could also opt for farm machinery loans through varying rates. Through variable rates, the interest rates shift consorting to the diverging rates in the markets on monthly basis as well. The term of repayment options of Finances on variable rates is between 7 to 10 years.

Lastly moving on to Finances offered quality rates imply specific margin to prime rate. In case of any change in the prime rates, the rate of interest also varies. These Finances have a margin lock of 1 to 3 years while they can be repaid within 7 to 10 years maximum.

In case you go up special financial institutions you could also raise capital from your surviving property and expand your agriculture business substantially. In case you have Finances from multiple origins you could always consolidate all your borrowings into a single affordable Finance. These financial institutions also offer repayment vacations which mean you do not have to pay for the initial years (usually 5 years) after which you do have to pay a more or less higher amounts of money of instalments considering the accrued interest.

All in all, Farm finance is easily usable. You need to finalize the farm machinery you wish to fit out your farm with and go up the financial institutions with your Finance form. At the same time you could even think of ambitious farm elaboration plans and increase your agricultural concern as well.

find out more information about farm finance

and more help with agricultural loans as well as many other articles to help improve your busines

About the Author

I have been trying to help farmers and smallholders get off the ground and also show how it is possible to obtail special loans for farm improvements

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by Paul Jacobson

Article by James Copper

Personal finance is something many people do not take very seriously. That is why so many people are fighting with debt problems. Personal finance is about keeping a balanced debt to income ratio and ensuring that expenses never exceed income. Personal finance is crucial to keeping a good credit record and maintaining credit worthiness.

Personal finance starts with a budget. Every person should have a budget to track and mange their income and expenses. A simple budget lists all income and all expenses for a month. The bottom line of a budget is that the income should never be less then the expenses. Should the expenses exceed the income the person is going to have to cut back on expenses. They should start by cutting out non-essential expenses. This can be difficult, but for someone wanting to be serious about their personal finance, it is important. Budgeting takes a lot of self control and little sacrifice.

The next step in personal finance is managing debt. Most people have some debt. Debt is essential for building credit. However debt should never become overwhelming. A person should make a list of all debt. The list should include the name of the creditor, the amount of credit, the amount of debt and the interest rate. If there is any debt problems they should be handled immediately.

Next is credit. If a person is easily handling their budget and their debt then they can consider getting more lines of credit. However, if a person is not handling their debt and budget then getting more credit is out of the question. A person should also make sure they understand all of their credit obligations. This includes all terms and conditions.

After a person has all of their personal finances in order they need to look them over. They should check to see if they are struggling with anything. If they are then they need to manage their finances to get them back in order. This may involve some credit counseling or debt consolidation. A person should be committed to whatever it takes to get their personal finances back in order, so they do not suffer damaged credit or financial difficulties.

Now that a person has organized their personal finances, they need to manage them. Managing personal finance is about sticking to a monthly budget, keeping debt under control and not getting overwhelmed by credit. Management of personal finances is on going. A person has to review every month to ensure they are not over extending themselves or breaking their budget.

Personal finance is an important topic. It is something everyone needs to think about and something everyone needs to control. Too often people let their personal finances get out of control. It is this that leads to debt problems and eventually financial difficulties.

A person that controls their personal finance will be using their monthly budget, keeping up on debt and not over extending themselves credit wise. A good, well managed personal finance is going to produce someone who can afford their lifestyle and who benefits in the form of a good credit record.

About the Author

James Copper is a writer for http://www.any-loans.co.uk

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by mars_discovery_district

Article by Stan Prokop

Canadian business owners and financial managers often ask about assessing the different alternatives to their overall business financing strategy – Receivable financing – factoring can be one of the cornerstones of a creative alternative financial solution for their business. We sometimes hesitate to use the word ‘alternative ‘because quite frankly this method of financing is becoming as mainstream as things can get!Canadian business can be financed in one of four different ways – You need to be able to asses the methods utilized in those four categories and which one, or ones, makes sense for your firm. Business is financed of course by your own shareholder equity – Equity is expensive because when you give it up, or sell ownership in your business your overall position becomes diluted and your return on investment diminishes.The three other methods of financing, in lieu of equity of ownership relinquishing are:DebtGrantsAsset FinancingDebt of course comes in the form of good debt and bad debt – we would, as an example categorize a commercial mortgage as good debt – a cash flow working capital loan might be another example. However, the reality is that most business owners recognize the dangers of debt and how that increased leverage can be a double edged sword.Clients are always asking us about ‘governments grants and loans ‘. In our opinion there are only two respectable grant/loan programs in Canada – the SR&ED program, and the CSBF program – the former is a non repayable grant, the latter is simply a great government loan for financing equipment and leaseholds.So that brings us to # 4- Asset financing. Depending on the type of business and industry you are in your asses include inventory, land, equipment, and receivables.A very strong case can be made that #4 should in fact be #1 when it comes to working capital and cash flow financing – Simply speaking your assets need to be monetized in the best manner in which to bring you liquidity. Receivable financing – factoring is in fact the quickest and most efficient manner to bring immediate cash flow to your business. Why is that the case – simply because it involves no debt coming on our balance sheet, no payments are made as in a loan type scenario, cash flow is immediate, and the reality is, that if you have negotiated the right factor facility then you are in control of your overall cash flow requirements?The benefits of a receivable financing factor facility are very clear once you understand the process. Generally a factor facility, aka an invoice discounting or receivable financing facility can be negotiated in a couple of weeks from start to finish. To the extent that your business is growing you essentially have successfully completed a financing that gives you unlimited cash flow. We say unlimited, because if your sales and receivables grow your cash flow and working capital grow in lock step to that growth! Cash flow and working capital from a factor facility can be used to increase inventory, take on more purchase orders and contracts, and, in general meet working capital guidelines.The overall process for a receivable financing -factoring facility is simple. You sell some or all of your invoices to your factor partner firm – You receive generally 90% of that invoice amount that same day as cash in your bank account. When your customer pays the factor firm keeps a ‘discount fee ‘based on the total time it took your customer to pay. Discount fees, or as clients prefer to call them, ‘factoring rates ‘vary in Canada. Factors (excuse the pun) that affect your fee are the size of facility, who you deal with, the method in which your facility operates, and the overall quality of your customer base.Speak to a credible, trusted, an experienced business financing advisor – Find out today why the 4th method of financing your business might just be the best!

About the Author

Stan Prokop – founder of 7 Park Avenue Financial – http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies, specializing in working capital, cash flow, asset based financing. In business 6 years – has completed in excess of 45 Million $ $ of financing for Canadian corporations.Info re: Canadian business financing & contact details: http://www.7parkavenuefinancial.com/receivable_financing_factoring_working_capital.html

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by Michigan Municipal League (MML)

Article by ISBF Education

Money and wealth have always been important. The individuals, organizations, communities, kingdoms and the modern nation-states which have not been able to manage and grow their wealth have failed and become weaker. The requirement of managing finances is felt by the families and the businesses, by the profit-making or non-profit organizations, by the private sector and by the government institutions and so on. Considering that there are a number of reasons to learn how to manage the finances, the Finance Courses are offered at graduate and post graduate level by the private and the public institutions.

The specialized study of finance courses covers the study of micro and macro economics, accountancy, personal and corporate finance, investment and merchant banking, financial markets and derivatives, the venture capital, mergers and acquisitions, real estate and many other fields. A lot of emphasis is laid on how to read the financial figures and analyze them for taking appropriate managerial actions. Apart from the function knowledge of finance, the regulatory knowledge of finance is also given to the students. This incorporates the laws and rules and regulations pertaining to the different aspects of financial compliance as outlined by the regulatory authorities.

At the end of a Finance Course the student is able to understand, plan and act to resolve the whole conundrum of finance. He or she is able to take effective decisions on how to generate and use money for different purposes, how to streamline the cash and funds flow from different sources and invest the same, so that the organization never faces the cash crunch and is also able to grow as per the desired business goals. Since the field of study is very vast, the students are required to specialize in a few selected fields as per their choice in the final year of the two year postgraduate course.

Now, a number of learning modes are available to the students. Although the class room study is still the favourite of the students, the finance courses are also offered through the distance learning medium and, more recently, through the e-learning tutorial modules. There are respective advantages and disadvantages of each of the medium. The jobs market also differentiates between the importance and relevance of these study mediums. A student passing out from the regular finance course is more likely to find a job than the ones who have studied through the distance learning programs. The employers lay a lot of emphasis on the conceptual clarity, the nature of summer training projects and the industry interaction of the candidate.

For those who are willing to seek finance jobs overseas have the option of pursuing those courses in finance which have global acceptance. These are generally offered by some private institutes that, in turn, have to obtain due approvals from the foreign authorities in charge of administering these programs. There is no doubt that the finance jobs are some of the best paid ones if you do the courses from the reputed institutes.

About the Author

ISBF has been established to impart quality education with international recognition in the area of Economics, CFP, Management and Finance Courses.

Visit us at: Finance Course from ISBF.

While Finance Minister Pranab Mukherjee may be playing down the controversy over his office being tapped, Congress general secretary Digvijaya Singh, in exclusive interview to NDTV, says it’s unheard of, and that the government should order enquiry into bugging controversy.

by OECD

Article by Stan Prokop

We can almost hear the newspaper crier already – ‘Read all about it, read all about it… No changes to Canada’s film tax credit financing!” What we are referring to is a rash of recent articles and TV news stories around the U.S. situation regarding film tax credit financing. Politicians in a number of states are waging a full stage war in some cases to abolish the entire film tax credit system, taking away these valuable subsidies that have become intrinsic in financing many non studio productions.That’s in the U.S. – That is absolutely not the case in Canada. One can argue all day about the merits and benefits the government in Canada ( at the federal and provincial level ) reaps via their non repayable film tax credit grants, which currently are some of the most generous in the world, as well as efficiently administered. We’re not going to get into that argument here – suffice to say that we understand the government to be very satisfied with the revenues they recoup via productions in film, TV and animation being produced in Canada.Canadian producers and investors are still very bullish on film tax credits, and the financing of these tax credits is part of an overalls strategy to get most independent productions financed and completed in the Canadian landscape, covering all ten provinces.We stated previously that tax credits in Canada are both available and generous. Canadians producers and owners use the tax credits as part of an overall strategy to finance their productions. It is certainly very unusual that any single project in either film, tv, or animation would be financed through just one vehicle, i.e. all equity, all debt, all tax credits, all pre-sales, etc.Therefore tax credits, due to their generous nature, are a lynch pin in the overall finance strategy for tax credits film financing. Tax credits were increased over the last couple years, due in part to re invigorate Hollywood North – aka Canada, which was starting to lose productions to Louisiana, New Mexico, Michigan, etc. Tax credits when properly accumulated, filed, and financed (financed at your discretion of course – you could wait for the cheque!) are a combo of federal and provincial in Canada. The key credit on the federal side is the Production Services Film tax credit, which finances up to 16% of your eligible labor. That credit is further augmented at the provincial level on a province by province basis. As an example in Ontario where a large majority of filming and production is done the rebate comes to an additional 25% of the total budget spend. ( Manitoba has one of the most generous programs – Thirty % all-spend tax credit, or offset up to 65% of local labor costs on projects that start location spending/filming in that province!)We can be forgiven for sometimes not mention Digital Animation credits which in some cases go up to 42% or more of the total spend. Only several years ago digital animation was a weak sister to the industry, but is gaining significant traction due to the popularly of animation, 3D, Shriek! Etc. Many major animation productions are done in Canada directly by Canadian firms or offshoots of the well known major animation studios.So the strategy and recommendation we make to clients is quite clear – understand what credit you are eligible for, select where your production creation or filming makes the most sense ( Manitoba has very cold winters!) and finance your credits as a part of your overall cobbling together of a success and profitable venture in film, tv or animation. Is a film tax credit strategy the holy grail of your financing? Probably not, but used as one tool among your equity, debt and pre sales strategy and you have a strong chance of pulling of a successful financing for your Canadian venture.

About the Author

Stan Prokop – founder of 7 Park Avenue Financial – http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies, specializing in working capital, cash flow, asset based financing. In business 6 years – has completed in excess of 45 Million $ $ of financing for Canadian corporations.Info re: Canadian business financing & contact details: http://www.7parkavenuefinancial.com/tax_credits_film_film_tax_credit.html

View the entire course at: www.financecompendium.com

by Michigan Municipal League (MML)

Article by DataFlat

Financial Houses play an important role in the economy by providing financial services to new and existing businesses which help stimulate the economy. Though, majority of the financial houses are specialists in financial products and services the services provided varies from company to company, some offer business support services where as some offer financing.

Powerful nations have strong economy with industries and growth opportunities for new businesses. Some individuals have innovative and great business ideas but they require funds since not all are fortunate to have personal finance. Hence, it is the role played by finance houses and finance institutions that create opportunities for new businesses by providing funds since raising capital is not an easy task.

There are many finance houses in UK that provide not just financial assistance to individuals for startups, but they also provide background support in building businesses. A well known UK finance house, Maurice J Bushell & Co, provides a wide range of expertise in accounting and taxing, corporate financing and business support for startups. The business support services they provide to startups includes preparing business plans, assisting with company secretarial duties, registering new businesses with the Inland Revenue and, where appropriate, Customs and Excise, Establishing relationships with banks, insurers, etc, and providing general accounting and taxing facilities.

Another leading finance house in UK is Portman Asset Finance, providing finance for all types of business. They offer competitive rates and offer finance for a wide range of industries including garage, beauty, catering, fitness, soft play and IT. They also offer leasing options for businesses that prefer leasing over spending capital on equipment. Leasing equipment helps businesses benefit from tax relief and allocate the equipment cost elsewhere.

UK has opportunities for great minds with innovative ideas since there are financial institutions that provide funds to individuals with limited or no personal finance which can be a major setback.

For more information on Finance Houses, visit our UK business directory

About the Author

About the Author: Content writer and specialist

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by mars_discovery_district

Article by Stan Prokop

When you need asset finance and a business loan in the 2010 economic environment alternatives are great. One of those solid alternatives is an asset based lending arrangement which focuses on what counts, your assets!As a business owner and/or financial manager you are looking for business financing that makes sense. ABL is the acronym for one of the more exciting business financing alternatives that is growing in popularity every year in Canada. Are we actually saying that asset finance via an asset based line of credit is ‘ exciting ‘? We will let you decide that, but if this financing is easier to achieve than bank financing, is cost effective, and provides you with unlimited capital… well our clients are excited… you make your own thoughts on that!Asset based lines of credit simply are drawn down by your firm based on the value of ongoing assets. The assets that are always there are inventory, A/R, and to some degree your fixed assets that aren’t already financed. By collateralizing your assets, and, most importantly, leveraging them to the max if you need to, you are creating available working capital. We are always explaining to clients that this leverage of assets is not taking on debt, you are not borrowing on a long term basis, and you are simply monetizing current and fixed assets based on current values. What are those values, typically they are 90-100% of receivables under 90 days, 40-75% of your inventory, and a liquidation type value on any equipment you want to temporarily monetize. Clients always ask – ‘ Do you mean that we can borrow, if we need to, on a temporary but ongoing basis on our fixed assets?”. The answer is yes, if you are considering this type of financing strategy.Let’s cover off the two key points clients always tend to focus on when they are investigating this unique business loan strategy- namely costs, and timelines to get the working capital facility in place.In some ways cost is the most difficult area of explanation and investigation in an asset finance working capital facility. Putting aside the normal due diligence or commitment fee required to get a facility in place the reality is that there are a couple of key drivers that affect pricing. Asset finance revolvers can be just as competitive as a Canadian chartered bank financing (and less onerous to get approved) but prices varies all over the board in Canada because of the fragmented and specialized nature of this type of financing. Typically we see rates as low as 9% per annum and as high as 1.5% per month. That’s a big spread and ultimately it depends on the size of the facility, the mix of your current assets, as well as any perceived industry or business risk associated with your firm. But again, we remind the reader, what price would you pay for unlimited working capital?Typically it takes 2-4 weeks to close such a facility. In Canada as we noted the market is fragmented and these lenders are very focused, specialized, and by nature experienced in what they do, which is value your assets and finance them!Speak to a trusted, credible and experienced Canadian business financing advisor around asset finance as a business loan strategy if your working capital needs ‘ aren’t working ‘ now!

About the Author

Stan Prokop – founder of 7 Park Avenue Financial – http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies, specializing in working capital, cash flow, asset based financing. In business 6 years – has completed in excess of 45 Million $ $ of financing for Canadian corporations.Info re: Canadian business financing & contact details: http://www.7parkavenuefinancial.com/business_loan_asset_finance.html

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by mars_discovery_district

Article by Sam Collier

A finance essay question is one of the biggest parts of essay writing because if you don’t know what is the finance essay question is asking you then you will simply not able to write an essay. You will most probably be asked any comparative statement or any finance related essay question in your essay exam or essay assignment. It is advisable that you incorporate few good examples in your finance essay to increase its credibility while keeping in mind your standpoint as well.

Therefore, following are some financial essay question along with guideline on how to deal with them effectively.

1.What is this short phrase,” time value of money” is describing?

If you will understand what the question is asking you to write, then there is so much that you can incorporate in your financial essays.The first thing you would be doing is to define the short term, “Time value of money” then provide some good examples to define how the value of money increases and decreases with the changing time. You can also provide the affect of periodical interest rates over money and describe how different financial decisions are made keeping in mind the NPV (net present value).

2- How much different is the definition of risks from the risks that have been proven to be successful in finance?

You must ask yourself what is the definition of risk from a layman’s point of view? like mostly common individual would perceive risk as a bad thing but that doesn’t fit well in the finance sector. From a financial point of view, if you think about the things from your own point of view then you won’t be that successful. So being a finance student, you need to think out of the box because most of the big names think that risk is a chance of ending up with bad consequence. Now, in order to prove this point, you can provide famous case studies in which people took big risk for big opportunities.

3- What do you think the benefits of Roth IRA are?

Roth IRA stands for Individual retirement account which offers several benefits to its members; however, we will be providing some of them that you can incorporate in your essays on finance.Moreover it is advisable that you also provide some real life examples to make it more worthy.

*After the age of 59, you don’t have to pay taxes on your earnings.

*And when you are about to cross 70, then you can even pass more savings to your beneficiaries.

Hence, essay on finance will only be handled easily if you know the nuts and bolts of finance and if you know what financial essay question is asking you to write. The preceding ones are just to give you a rough idea on how to deal with finance essay questions so that you don’t get stuck. Moreover, the luck will be on your side if you get any one of the above told finance essay questions, so go through them and get different ideas for finance essays questions.

About the Author

Sam Collier is a senior research writer and provide help for Finance essays and essay on finance.Feel free to contact for any sort of help in this regard.

Gerald Epstein: Real message of S&P downgrade of US debt outlook is threat of another meltdown of finance sector

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by Michigan Municipal League (MML)

Article by Stan Prokop

Options. It’s better when you have them, and if the decision of choosing a franchise wasn’t enough for you, then going about getting the right franchise loan financing clearly adds a challenge to your new entrepreneurial role as a franchisee in Canada’s every expanding franchise industry. In Canada your ability to finance part of the franchise via what we call your own ‘ owner equity ‘ investment is still a key requirement for total success. Businesses are financed in only two ways, equity, or debt. Your own investment is of course the equity, now let’s look at what options are available to you to finance the franchise cost of your business. Naturally it should go without saying, (but we will say it!) that the financing of your new business can include a new turnkey scenario, or, alternatively, you have the option of purchasing an existing franchise from a franchisee. While you have some choices in franchise financing us clearly advise clients this is a very specialized niche type of financing, and 3-4 solutions typically are the ones that are predominantly used over and over again by franchisees in Canada. Let’s cover the basics of those off, which hopefully will allow you to be an ‘ informed financier ‘ of your project.We don’t see this happening too often in the Canadian landscape, but you do have the very simply option of working with your current bank to get a ‘ traditional’ financing in place. Given the general conservative nature of banks the reason this type of financing is not used is that it requires more often than not 100%, if not more, external collateral which might involve pledging of your home, savings and investments, etc. Therefore, let’s quickly move on from that one, which is rarely a favorite.Although your bank might not wish to provide a traditional stand alone loan for the financing it is somewhat ironic they are chartered as the administrator of the most commonly used program in franchise finance, the BIL program which is supported by the government. This is by far the most popular program in Canada to finance franchises and when it works it works very well.Seek a trusted, credible, and experienced franchise financing advisor who will guide you through the mechanics of that program. With good mentorship from your advisor your financing can be approved in days – many clients unfortunately tell us they have struggled for months on their own wrestling with the mechanics and requirements of the program, which quite frankly are pretty basic. Two other solid strategies to implement on your franchise are a leasing and equipment financing option, which is fast and efficient to achieve way to minimize bank or BIl borrowing, as well as a vendor take back from the franchisor or an existing franchisee if you are purchasing an already in business franchise.Franchise finance options. You have them, investigate and use them to cobble together the perfect franchise finance package that suits your business purchase.

About the Author

Stan Prokop – founder of 7 Park Avenue Financial – http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies, specializing in working capital, cash flow, asset based financing. In business 6 years – has completed in excess of 45 Million $ $ of financing for Canadian corporations.Info re: Canadian business financing & contact details: http://www.7parkavenuefinancial.com/franchise_cost_buy_a_franchise_franchise_loan.html

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