Hub You - Finance

American Express Credit Cards: Getting the Most Out of International Travel
Have you ever eaten at an expensive restaurant in a foreign country and watched as the waiter sneered at your Visa or MasterCard? Believe it or not, this is a common experience for international travelers, especially those who finance the trip with their business credit card. In the United States, currency is currency, but in other countries, how you pay can have a direct effect on the service you receive. Founded in 1850, American Express has grown

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Lenders reserve the best hotel loan rates and terms for properties that are well cared for, attractive, and have pleasing amenities like pools, wireless internet, cable, and complimentary continental breakfast buffets.

Hotel loan terms will, of coarse, vary from lender to lender, but mo

Mortgage Marketing & Advertising: Communicate with Realtors by Listening
Do you sometimes struggle with Realtors? Do you feel there’s more potential, but you’re unsure how to tap into it? Read what follows and learn the steps to becoming an effective listener. It could be the skill you're missing that could earn thousands of dollars in income.Quality listening makes Realtors feel important. Nothing is more painful than a misunderstanding, which is a poor man’s excuse for not listening. There

Meeting the requirements to get a decent hotel loan from your local lender can be difficult but not impossible. Let’s face it, what lender wants to put money up for a roach infested dump in downtown Detroit? You’d have to get a separate loan just for the insurance.

Most lenders will only finance hotel properties that are “flagged”. In other words, most banks, public and private lenders will only provide hotel loans to individuals who are starting a franchise under certain major hotel/motel chains such as Best Western, Hilton, Super 8 and other well-established hospitality brands; Sid’s Sleep Shack need not apply. In addition to being a virtual nation-wide brand, the particular establishment in question needs to show a profitable operating and occupancy history.

Even if you want to build a new hotel/motel from the ground up, forget about starting your own brand; most lenders will only provide hotel loans to build the same “flagged” hospitality companies as they will for the purchase of an existing property. Besides having a well-known flag, getting a hotel loan for a new property is possible provided it is well located and can be provided with strong management.

Hotel loan terms will, of coarse, vary from lender to lender, but mos

The Attraction Factor - Do you want to Attract the Best Clients?
Why do people become attracted to your business? Why is it some days, new client opportunities seem to grow on trees and you ask yourself, what did I do to open these floodgates? Is it just a fad or something that will last for a while? I often think this well will dry up one day; however the flow never seems to slow down.What are some of the factors new clients are attracted to you? I personally believe professionalism in what you do is

nance hotel properties that are “flagged”. In other words, most banks, public and private lenders will only provide hotel loans to individuals who are starting a franchise under certain major hotel/motel chains such as Best Western, Hilton, Super 8 and other well-established hospitality brands; Sid’s Sleep Shack need not apply. In addition to being a virtual nation-wide brand, the particular establishment in question needs to show a profitable operating and occupancy history.

Hotel loan terms will, of coarse, vary from lender to lender, but mo

Online Shoppers Say They'll Buy from Small and Large E-Businesses Alike
As the holiday shopping season begins in earnest, consumers say they’re just as willing to buy from small online retailers as they are from large, national e-commerce providers.In addition to this key finding, a new national survey of 2,500 consumers discovered extremely high levels of consumer participation in – and satisfaction with – shopping on the Internet, despite continuing concerns for security and privacy.According to the surv

d’s Sleep Shack need not apply. In addition to being a virtual nation-wide brand, the particular establishment in question needs to show a profitable operating and occupancy history.

Hotel loan terms will, of coarse, vary from lender to lender, but mo

Bonds 101
Bond is simply an investor owned utility (IOU) in which an investor agrees to loan money to a government agency or to a company for a predetermined interest rate. The interest rate paid on bonds depends on several factors such as financial strategy of the government in power or the strength of the corporation; current market interest rates, and the length of the term. As these factors fluctuate over time, the market value of a bond may also vary aft

ders will only provide hotel loans to build the same “flagged” hospitality companies as they will for the purchase of an existing property. Besides having a well-known flag, getting a hotel loan for a new property is possible provided it is well located and can be provided with strong management.

Hotel loan terms will, of coarse, vary from lender to lender, but mo

Do You Know the One Word that Will Make People Hesitate?
Do you suffer from people subscribing and then unsubscribing from your list?There’s one word that causes them to hesitate. Do you know what it is?Let me share a story with you. Months ago, I joined this Guru’s list because he had things to teach me that I wanted to learn. Including the adage “The money’s in your List”.Over time, he shared many good pieces of advice with me ~ stuff that only a guru knows and a ‘newbie’ needs to k

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Hotel loan terms will, of coarse, vary from lender to lender, but most banks and other investment capital institutions provide 5, 10, or 20 year loan terms for amounts up to $2,000,000. These loans can carry an interest rate ranging from 7% to 8% and typically carry a recourse clause, although some lenders are more flexible than others in this regard.

Just a brief note on recourse loans; this type of loan hold your personal assets liable in the event you default on the hotel loan-seriously bad news if your franchise doesn’t turn out to be as successful as you originally thought. This is the lender’s way of protecting its assets by separating those who are serious about the hotel business from those that just want to try something new. If you’re not familiar with the details of this loan, you should either educate yourself thoroughly first or look around for a non-recourse loan. The terms of a non-recourse loan simply hold the hotel, or whatever else you spent the loan funds on, liable in the event you default.

If you’re planning on borrowing over $2,000,000 to build or buy a larger hotel/motel, the interest rates may be a little better, although not much. Interest rate lows can be more favorable by up to a half percentage point,

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Are you a frustrated financial services salesperson in the Business of Busy-ness instead of Sales? This article cuts through the challenges and talks indepth about 4 ways to keep your busy-ness profitable and 3 priorities to keep you on track to more closings and greater profits.

This article talks about used car online auctions. Once you know the details, it gets simpler trying to find a good car deal on the Internet. Read on and allow us to introduce you to this great shopping experience.

An internet business is by far the best way to support yourself if you just cannot stand working for others for less money than you need to survive. It’s also the best way to get out of a good paying job that just takes up too much of your precious short life working for someone else. Let’s face it, you probably know someone who has an internet business. Do they look happy to you? Do they complain as much about work and money as you do? Probably not.

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