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yes
it is an asset
yes
"THe Cash Store offers three different options for loans, they include cash advances, installment loans, and title loans. However, according to their website there is no set interest amount it depends on the market and other regulations."
Asset based lending refers to lending to someone and securing the loan against an asset such as a Business. Examples of lenders that offer asset based loans are First Capital and Hilton Baird. The process can be applied online.
Loans and advances are a sub heading of current assets.
Loans here means the loans given to other companies/subsidiaries. The company will receive an interest on these loans and hence is an asset. Advances means any payments to staff as an advance.
yes
Loans and advances are those amounts which company provided to its employees or other related stakeholders so it is part of current assets.
it is an asset
yes
Yes, if the value of the loans exceed that of the asset being used for security. For example, if you secure loans using your investment account and you have $200,000 in securities within that account, it is NOT illegal to secure four loans of $50,000 with that asset because the asset is large enough to provide the backstop for the loans. However, if you secure four loans of $100,000 using the $200,000 asset, you are committing fraud (because you knowingly misrepresent the claims on the asset).
"THe Cash Store offers three different options for loans, they include cash advances, installment loans, and title loans. However, according to their website there is no set interest amount it depends on the market and other regulations."
Asset based lending refers to lending to someone and securing the loan against an asset such as a Business. Examples of lenders that offer asset based loans are First Capital and Hilton Baird. The process can be applied online.
Asset based loans are used by companies that need capital for the development purposes. Often, businesses that apply for an ABLhave cash flow problems.
residential home mortgages
Cash America cash advance offers a variety of services. They include cash advances, short-term loans, payday advances, etc. Upon approval, one can get cash almost immediately.