Banks lend money to the public, for various purposes, like purchase or construction of a home, for purchase of consumer goods like a TV, Music System, etc. Banks also finance businesses, both…
Tag: Bank
What You Need To Know About Monetizing Your Bank Instrument
This methodology in its truest essence dates back to the 1940’s shortly after WWII whereby heads of states and banks came together to think up ways in which money could be generated…
Think Twice Before Getting Financial Advice From Your Bank
This startling figure comes from a recent review of the financial advice offered from the big four banks by the Australian Securities and Investment Commission (ASIC). Even more startling: 10% of advice…
Financial Glossary – Do You Know What a Merchant Bank Is?
The merchant banks operate in the highly specialized field of finance. If the traditional commercial bank gathers deposits and loans, investment banks offer a range of services focused primarily on capital markets…
Why Using a Direct Lender Is Better Than Using a Traditional Bank
A direct lender is an independent financial institution that makes loans to individuals and small businesses, rather than banks or credit unions. They offer low interest rates and flexible terms, which means…
Banking Features To Look For When Opening A Business Bank Account
A bank is one of the most reliable partners any business can have. Regardless of its size, any organization will benefit greatly from many of the services and solutions provided by banks…