ReleaseWire

Here is good news that may be of interest to those who are looking to choose the best banks in Singapore. Bankssingapore.com is providing the details of the banks operating in Singapore. They are ranking the banks also so these people can easily pick the best banks in the country.

Property owners in Brampton can now get a second mortgage for their residential or condo properties with the help of Brampton Mortgage Pro. The company is now offering the service in the city and willing to give their service to property owners wanting to try getting another mortgage for the same property in the city.

Kent Drinkwater is proud to announce the creation and launch of his new website venture, www.FullSpectrumBusinessLending.com. The website offers a wide variety of business financing services including equipment financing, revenue-based loans, factoring, accounts receivable financing, real estate financing, and start-up business loans. Drinkwater was inspired by the amount of people needing quality business financing services but faced with obstacles such as having a lack of credit or poor credit. After learning about the possibilities of an online store, Drinkwater wanted to help others get the financial services they most frequently need to get a bright idea off the ground with a start-up loan, restructure their debt, get small loans and new equipment, and more.

Alden Advisors, the creator of IP VAMP™, the Intellectual Property Value Maximization Process, is pleased to announce the acquisition of its client, TOPAZ Technologies by Cultura Technologies, an operating subsidiary of Constellation Software. TOPAZ Technologies is one of the most recognized animal medical research software providers for the North American market. TOPAZ helps pharmaceutical companies, universities, government agencies and research hospitals manage the animals and their care facilities throughout the duration of the entire pre-clinical research study. This is one of the only software solutions capable of simultaneously providing central research protocol management, global visibility, and reporting across a multi-geographic regulatory and cost center environment.

Alternative Funding Partners and Alternative Business Funding announced a strategic partnership today. By combining the teams and networks of these two firms, this partnership will provide clients with streamlined access to commercial financing.

Glenn Bill is pleased to speak at Real Estate Connections, an event hosted by Chase for real estate agents in the Indianapolis area. Glenn will share his experience and expertise in sales training and real estate sales with local agents. Come hear international best-selling author, speaker, and expert real estate consultant, Glenn Bill, on May 18th, 2016 from 10-2pm at Dallara Motorsports, just two blocks from the Indy Speedway. In "Racing to Ultimate Success in Real Estate" Glenn trains agents about how to get to the 'winner's circle' through time and stress management, as well as being able to understand, communicate and deliver value to their clients.

Select Commercial Funding LLC is pleased to announce the closing of a $1,050,000 cash out refinance of a commercial mortgage loan to allow one partner to buyout the other partner. The property is located in Brooklyn, New York. The borrower received a 10 year fixed rate with a 25 year term and amortization. The loan had a low pre-payment penalty.

Select Commercial Funding LLC is pleased to announce the closing of a $1,111,000 loan for the purchase of a 17 unit apartment building located in Bensenville. The borrower received an 80% loan to value and a 10 year fixed rate with a 30 year amortization.

Select Commercial Funding LLC is pleased to announce the closing of a $1,150,000 cash-out refinance for a 4 unit warehouse property located in Albuquerque New Mexico. The borrower received a 25 year term and amortization. The cash-out is being used for improvements on the property.

Select Commercial Funding LLC is pleased to announce the closing of a $1,400,000 cash-out refinance for a Restaurant located in Castle Rock Colorado. The borrower received a 25 year term and amortization. The cash-out was being used for the construction of a new location.

Seylan Bank reported a 24.25% increase in Profit before tax to reach Rs. 5,777 Million for the year ended 31st December 2015. The Bank reported a record Profit after Tax figure of Rs 3,831 Million for the year ended 31st December 2015. This is an impressive 24.44% growth in PAT compared to the Rs 3,079 Million reported in 2014.

Seylan Credit cards kick started the New Year by offering extraordinary rewards to its cardholders selected through a consumer promotion and their frequent usage of Seylan Credit Card. 'The bank with a heart', took the initiative in offering its cardholders a seamless shopping tour to Colombo's leading outlets while providing 50% cash back on their total spend on the tour.

Seylan Bank, a frontrunner in providing convenient customer focused products, has launched a fast-track programme for their personal loans due to the increased popularity and overwhelming response from the recipients. The product has attracted many segments in the market and the bank is all set to cater to a much larger audience in the market. The loan can be obtained for multiple purposes such as education, purchase of a vehicle, marriage expense, travel, medical expense, working capital etc. The bank offers a hassle free, convenient application process where applicants can obtain their loans within 48 hours provided they have all the required documents.

BANKEDGE Offers Branch Sales Officer (BSO) - an exclusive program customised for Career Opportunities in Sales Division of Leading Private Sector Banks.

What is a Merchant Cash Advance? A Merchant Cash Advance is a type of funding that is not a loan. It is a purchase of a fixed dollar amount of a business's future credit and debit card receivables. The Merchant Cash Advance provider purchases a specified dollar amount of your business' future debit and credit card sales at a discount. Your business, instead of paying one large fixed monthly payment until a set maturity date like a loan, remits a fixed percentage of its daily debit and credit card revenue automatically until the specified amount of purchased receivables is remitted in full to the MCA provider.

Selectcommercial.com announced on Thursday, January 7th 2016, the closing of a $750,000 cash-out refinance of an apartment building located in San Jose, CA (Santa Clara County). The borrower received the loan with a 5yr Fixed Rate with 30 year term and amortization.

As an alternative to other business financing options, business owners oftentimes turn to merchant cash advances when they need to infuse some quick cash into their companies. Basically, a merchant cash advance is not a loan.

Seylan Bank, 'the bank with a heart', identified as one of the six systemically important banks in Sri Lanka by the Central Bank of Sri Lanka believes their best brand ambassadors are their customers. Perceived as a friendly and caring bank, Seylan saw further expansion as a whole in 2015. The branch network grew up to 159 branches and the ATM network more than 180, exclusive of its student saving centers, island wide. The bank's SME, minor savings, retail, corporate and credit card clientele had grown significantly during this year. The bank has fared very well due to the collective efforts of its employees who have stepped up to ensure enhanced performance, across all aspects of banking.

Biz4loans a Fresno based Small Business Financing company gives insights into Pros and Cons of Merchant Cash Advance and Small Business Loans.

All quiet on the interest rate front heading into December. In November the 5 year Treasury started out the month at 1.57% and ended up at 1.64%. The 10 year Treasury remained almost unchanged from 2.20% and ending the month at 2.22%.

Biz4loans is a Fresno California based Business Finance Company. Sometimes a cash advance is genuinely necessary, but it's important to know when to pull the trigger, and when not to. Whether the cash advance comes from a credit card or a Merchant Cash Advance, this facility is best used as a stopgap when there's an expected increase in revenue. For example, if you're a contractor and, in order to win a bid on a $500K job, you need to have upfront money for materials and labor. Or you're opening a retail location and need to buy inventory.

A new website finds that the price you pay for a commercial loan in South Florida can vary greatly depending on where you are getting the loan.

Selectcommercial.com announced on Thursday, November 5th 2015, the closing of a $4,500,000 cash-out refinance of a mixed use property that included 6 retail spaces, 18 apartment units and parking. The property is located in Chicago, IL (Cook County). The borrower received a 20-year loan term with the first 5 years at a fixed rate, followed by an option for 15 years at an adjustable rate. The loan has an amortization period of 30 years. The borrower was able to replace an existing high rate loan and obtain cash-out for consolidation and investment. The loan included an easy stepdown prepay penalty instead of the customary yield maintenance prepayment penalty. The loan was non-recourse to the borrower and did not require any escrows for taxes and insurance.

Seylan Bank recorded an impressive performance with Profit before Income Tax reaching Rs 4,062 Million for the 9 months ended 30th September 2015. Profits after Tax reached a record Rs 2,730 Million a 21% increase compared to the Rs 2,253 Million reported in the corresponding 9 month period.

In the S FLA market area there are 2 new tools that can help local DIY entrepreneurs find the best business loan financing. These tools are SBA LINC & TBBLIT.com.