Leverage Your Business With Finance Against Property

The secured loan is designed to help you meet the business goals and will make it easier for you to grow the business. You can use any property to get access to funds. It can be in use, rented, or leased out. The biggest advantage of the loan is that the funds can be used for any purpose in the business. You can use it to expand production, enter a new market, buy machinery or invest in research and development.

The loan is one of the preferred forms of borrowing and it has a high amount. When it comes to a secured loan, the risk is low because your asset is hypothecated with the lender. At the time of loan application, you hypothecate the asset with the lender and get access to funds. After the entire loan amount has been repaid, the lender will transfer it back to you. However, if you default in the repayment, you could end up losing the asset. The lenders have the right to auction the property to recover outstanding dues. They will give a notice about the same but if you do not make the payment on time, they will use the property and recover the dues.

You can be a sole proprietor, partnership, private company, or public company to apply for the loan. The loan application procedure is simple and hassle-free. You can make an online application and submit the documents. You will have to provide identity documents, KYC of the partner, address proof, business registration documents, bank statements, ITR, the title deed of the property and income statement, and balance sheet.

After the submission of the application, the lender will hire a market valuer to estimate the market value of the property. If you already have the valuation report, you can present it to the lender. The loan amount will be based on the value of the property and you need to keep in mind that the entire value of the property will not be the loan amount. Most lenders only offer 60% to 70% of the amount as loans. Hence, it helps to have an idea about the market value of the property you own. You must also check the credit score before applying. A high credit score can make a significant difference to the interest rate and terms of the loan.

Once everything is in place, the loan will be processed and approved in no time. You will receive the funds in your account and you can use them the way you want to. Prepare a repayment schedule to ensure timely payment of dues. It will reduce the burden on your working capital and will allow you to plan the budget accordingly.

Before you sign on the loan documents, understand the terms and conditions of repayment. If there are co-owners of the property, they will become co-applicants to the loan. Whenever you apply for finance against property, you need to use the EMI calculator. It is available for free and is easy to use. The calculator only requires you to provide the loan amount and tenure. It allows you to change the inputs till you reach an optimal amount. It is a very useful tool that gives an insight into the amount of EMI you will have to pay. It also provides details about the interest element in the EMI amount. You need to consider the cash inflow and outflow before agreeing on an EMI amount.

Finance against property can help you in multiple ways. You have invested a significant amount in the property and you can use it to raise funds for the business. It is the best way to expand your business and take it to new heights. One of the most common and easiest forms of borrowing, the loan comes with a high amount, low interest, and flexible repayment tenure.

Do You Know 5 Important Cryptocurrencies Other Than Bitcoin?

Bitcoin has not only been the leader in ushering in a wave of cryptocurrencies built on decentralized peer-to-peer networks, it has also become the standard for all cryptocurrencies. It has inspired an ever-growing group of followers and creators who understand the power of newer, safer, harder, fairer and faster money. When it comes to commentary around all cryptocurrency globally, the first thing that springs to mind is understandably Bitcoin. Beyond the power, profit, brand recognition and opportunity Bitcoin provides, it is just one of so many cryptocurrencies that are changing the world for the better. There are currently about 3000 cryptocurrencies that have a purpose-built function to address the security, storage and distribution challenges of data well beyond just money.

What Are Cryptocurrencies?

Before we take a closer look at some of these alternatives to Bitcoin, let’s step back and briefly examine what we mean by the terms cryptocurrencies and altcoins. Firstly, a cryptocurrency is broadly defined as virtual or digital money that takes the form of tokens or “coins.” There is only one Bitcoin cryptocurrency and every other coin alternative to Bitcoin is referred to as an altcoin.

While some cryptocurrencies have ventured into the physical world with credit cards or other projects, the large majority of cryptocurrencies remain entirely intangible. Just as you don’t need to touch an email, digital image, file or video stream for it to have value and use, the same applies with money and information. However, the key difference between a digital file and a digital currency is that cryptocurrencies like Bitcoin cannot be copied. That is, while one can copy and paste a digital file, this is not the case with Bitcoin and other cryptocurrencies ensuring they maintain their value in scarcity and preventing counterfeiting.

The field of cryptocurrencies is consistently growing, and the next mammoth digital token may be released tomorrow. While Bitcoin is a pioneer in the era of cryptocurrencies, experts adopt many ways of evaluating tokens or coins. Analysts, commentators and investors alike assign a great deal of importance to the ranking of coins relative to one another in terms of their fiscal value within the crypto market. While a coin’s price and overall market value should be taken into consideration, there are other reasons why a cryptocurrency attracts attention and subsequent investment. Let’s look at the following alt coins that are proving their value through real-life use cases.

Ethereum (ETH)

The Ethereum cryptocurrency (ETH) first appeared in 2015 as an open software platform based on blockchain technology. It allows developers to build and deploy their own decentralized applications on top of the Ethereum blockchain. Beyond a mere store of value or money network, Ethereum provides everyone with an opportunity to leverage off the power of blockchain technology with a programmable application. You may like to think of Ethereum to crypto as GoDaddy or Wix is to the internet. That is, before such sites existed, only qualified web creators could build a website as there wasn’t a user-friendly interface for the average person to do it themselves. Nowadays, through the power of sites such as GoDaddy and Wix, almost anyone can build their own website. This is synonymous to the power of Ethereum as we can see multiple projects built upon the Ethereum network due to its design, security, simplicity and reliability. At the time of this writing, the value of all Ethereum issued (known as a marketcap) reached $291 billion USD, with one “ETH” costing $2,524 USD per coin.

Ripple (XRP)

Ripple (with its cryptocurrency coin called XRP) was designed to speed up bank transactions while reducing the fees endured by the customer. You may like to think as Ripple replacing the very slow and very expensive SWIFT network that facilitates the international remittance market. Ripple technology is already in use by some banks. Unlike Bitcoin that was designed to replace banks, Ripple aims to aid banks through faster transactions at a lower cost. Dissimilar to Bitcoin and Ether, you cannot mine Ripple. Although XRP operates through blockchain technology, it’s very different to Bitcoin as it is a centralized system where all the digital money (ie XRP) already exists and belongs to an American company called Ripple Labs. Users, banks and investors can buy XRP tokens to either hold like a stock, or use on the Ripple network to quickly and cheaply transfer value from one user to another.

Litecoin (LTC)

Charlie Lee, a former Google Engineer created and launched Litecoin in 2011. It was among the first cryptocurrencies to follow in the footsteps of Bitcoin and is often referred to as the “silver to Bitcoin’s gold.” The speed of Litecoin transaction processing is faster than Bitcoin and acts as both a store of value and payment network. Litecoin also uses far less power than the Bitcoin network due to the way in which it was designed.


Dash is a revolutionary digital money system that was launched in 2014. The network has grown to 4,1000 master nodes making it one of the largest peer-to-peer networks in the world. As a result of more nodes, the platform can offer more capacity and security for its users. Miners who support the Dash network are rewarded for securing its blockchain and master nodes through the payment of Dash coins.


The Nem cryptocurrency appeared at the end of 2015. Unlike most cryptocurrencies, it has its own unique code. The most significant feature of Nem is that it works using the POI (proof of importance) algorithm technology. This is a vastly different method of securing a network compared to Proof of Work and Proof of stake blockchains.

Pollux (POX) coin is listed on Koinbazar Exchange

Warm greetings!

We are delighted to let you all know that the POX token has been listed on Koinbazar.

Here’s a glimpse of POX.

Pollux coin (POX) is a Blockchain-based decentralized cryptocurrency that runs on Tron Blockchain designed for the file sharing and storage of data where we can keep data securely in decentralized cloud storage without third-party interference. There will be no issue of losing data as feared in the centralized cloud storage providers. Pollux coin holders will have multiple benefits in the future. The result is an overall cost reduction for the consumer. Pollux bringing Cloud storage to a public Blockchain network and acts as a distributed, decentralized storage facility that makes it more efficient and cost-effective. Besides this Pollux Coin will also be used for utility bills, mobile recharges, and various payment methods.

You can now buy, sell, trade Pollux Coin (POX) in the BTC, ETH, USDT, and INR markets of Koinbazar.

Trade POX/BTC – https://www.koinbazar.com/trade/POX-BTC

Trade POX/ETH – https://www.koinbazar.com/trade/POX-ETH

Trade POX/USDT – https://www.koinbazar.com/trade/POX-USDT

Trade POX/INR – https://www.koinbazar.com/trade/POX-INR


Crypto markets are highly volatile. We request you to trade cautiously. Though Koinbazar lists only quality cryptos, we will not be responsible for your trading losses.

Website Usability Consultant – How to Select One

When building a new website, or assessing an existing one, there are two types of consultants whose input is critical to the success of your site. One is a Usability consultant and the other, a SEO consultant. This article will discuss the former.

A Usability consultant is an expert in the area of online consumer behavior. His or hers expertise includes: knowledge of all industry norms and standards of website usability including navigation, layout, category/button/link labeling, e-commerce functions and more. The consultant can assess a site to determine if it is user friendly or if it will cause frustration and dissatisfaction among site visitors, resulting in lost sales and opportunities. The assessment should not be in general terms – but very specific to all components of a web page and the site as a whole.

When selecting a Usability Consultant to assess and/or test your test make sure that they have experience with the type of site you own (such as e-commerce, service oriented (lawyers, libraries, etc.), or informational). Ensure that they have actually conducted usability testing in a focus group research facility with participants recruited based on specific criteria pertinent to the website.
Question the potential consultant as to the type of report you will be receiving. Aside from being well written, it must contain screen shots of your web pages with clear detail as to problems found and, as importantly, actionable recommendations to fix them. Ask for a prioritized list of the recommendations.

The website usability consultant you select must also be extremely knowledgeable in SEO (search engine optimization) and website metrics. Usability and SEO are closely linked and the affects of both are reflected to your site’s metrics.

Lastly – ask for references. A Usability consultant should gladly provide you with several.

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