Commercial Finance Funding and Identifying Zombie Banks

In the world of business finance funding, the colorful terms “Zombie Banks” and “Dead Banks Walking” have been applied recently to a number of commercial lenders. Although these discussions have an element of humor and entertainment, there is a practical aspect to them as well. Ultimately it is not likely to be in the best interest of a business owner to have extensive involvement with any of the banks which these terms describe accurately. In any case it should be beneficial for commercial borrowers to understand what constitutes a zombie bank and what they should do if they are working with a dead bank walking.For any business owner currently needing a commercial loan or working capital financing, the concept of “Dead Banks Walking” is likely to be an essential part of their decision. This description has been used by several sources recently, all with a similar reference point of banks which have already gone broke. This critical but apparently accurate assessment is largely derived from a straightforward net worth approach. Such an analysis recognizes that many banks have substantial assets which are either worthless or at least worth well below the values reflected on their books, with the resulting real current value being less than the current debts of many banks.Based on the evaluation of many observers who have realistically reviewed current asset values, most of the largest banks in the United States been shown to be worth even less than Lehman Brothers (which is already in bankruptcy). Many banks have compounded their public relations nightmare by demonstrating very little common sense in how they make commercial loans and spend money. If a bank is already worthless, it certainly calls into question how businesses and commercial borrowers will benefit by the government throwing money at these “zombie banks” in the first place. This controversy has been fueled by the failure of most banks to increase their commercial lending to business owners after receiving government bailout funds. Banks who have received bailout funds appear to be determined to hoard the money in order to preserve their own solvency rather than providing commercial finance funding to commercial borrowers.This raises several questions. The emerging consensus is that giving otherwise bankrupt companies (the dead banks walking) more cash does little more than cover the internal operating expenses for the zombie banks.First, should we really believe that a bank should be “saved” simply because it is so large? There appears to be a growing majority of the public which would suggest that these banks have already lost too much good faith to ever recover in response to some arguments that the largest banks cannot be taken over even if they are already insolvent.Second, is there a better way to solve the problem than giving insolvent banks more money? George Soros and others have recently described in detail how other banking systems have successfully handled mortgage financing. Even though residential and commercial real estate loans are thought to be at the heart of the current crisis, there is no real effort underway to revise this approach.Third, can business owners really afford to wait for the government to solve this problem? Although waiting a few weeks or even several months might be viable for a practical solution which results in needed commercial loans, the current logjam impacting business finance funding shows little evidence of subsiding that quickly. Prudent commercial borrowers should seek alternative sources for essential working capital financing such as business cash advances. In case it is not obvious from the discussion above, dead banks walking and zombie banks can be avoided when seeking new commercial financing.

How to Start Or Join a DirectMatches Network

Like most of the other neat services on DirectMatches that link back to your profile, Networks also do the same. It will link as both networks you mange and networks that you are a member of.So, how do you start and join networks?From you main page, you can access networks from the top menu bar. When you click on it and bring it up, you will have the option to create a new network or to join a network.Here’s an excerpt from the web site that explains the importance of networks and why you should create or join them.”Networks let existing organizations and communities use DirectMatches technology to connect their members with each other.When you create a new Network, you become the manager! Networks give you the ability to:* Manage and build your own private networking organization using DirectMatches technology.
* Approve and control who joins your private network.
* Maintain your own private forum.
* Maintain your own private group mail, including mass mailing your network.
* Post private events and functions.
* Keep your team informed with special announcements.
* Add sub-managers to manage groups within your network
* Market your own Network home page and Website URL.Networks give existing organizations more value by increasing their ability to communicate, be visible and help network with each other.”This is just another great way to build a list of people with common interests, promote your opportunity, join with others who are in your same opportunity, and offer advice to others that benefit both you and them.You have the option to search networks to find ones that best suit you. You can either enter in search terms or click through the pages 10 at a time. When you click on a network that you want to join, you will find a brief synopsis about the network, who created and moderates it, their picture (if they have one), most recent topics, special announcements, the option to join the network, and most importantly the option to invite a friend to join DirectMatches via that network.You will set up these same functions if you create and moderate a network. But, think of it this way, if you create one and the topic really grabs the interest of others, people will join your network. You can also go back out in the community on DirectMatches and promote your network by sending an email to your downline or sending out a group email. The possibilities are endless.Another neat function of the networks is that you can see who the members are and add them to your personal contact list, find out which forums they are attached to if any, see what events are taking place with that network or add your own events, manage network memberships, and allow or limit private networking features.Most of all, have fun with it.

A Guide to Help You Pick the Best Air Purifier for Your Loved Ones

Holidays are around the corner. This is the time of year when people start purchasing gifts for their loved ones. If you are going to purchase an air purifier for someone you love, we have some helpful tips for you. If you want to purchase the best unit, you may be able to use this guide to your advantage. Read on to find out more.

1: Set Your Budget

Just like anything you purchase, make sure you have set your budget first. The price of the unit will vary based on a lot of factors, such as the capacity, filter type, features, and brand of the unit. If you don’t have a flexible budget, we suggest that you go for a product that is available to purchase for less than $300.

2: Consider the Needs of the Recipient

Your next move is to consider the needs of your recipient. If you are going to purchase this unit for everyday use, we suggest that you go for a unit that comes with a HEPA filter. On the other hand, if your loved one has a specific need, we suggest that you consider a specialized unit.

For example, if they are more prone to respiratory issues, such as allergies and infections, we suggest that you get a UV purifier for them. The devices are designed to neutralize viruses and bacteria.

3: Think About the Available Space

Another primary factor is to consider the available space in the office or house of the recipient. For example, if they need a general-purpose unit for a small apartment, you may want to consider a filterless unit.

On the other hand, if they have plenty of free space, you may consider a bigger unit that features a higher airflow rating. These units are powerful enough to cover a large face.

4: Consider Extra Features

Lastly, we suggest that you consider additional features that they will just love. For example, some units come with an indicator that turns on when the filter needs to be replaced. This will allow the user to change the filter so that the device continues to work properly.

So, you may want to consider these features before you place your order. These features may not be important to you, but your friend may just be over the moon.

Long story short, we suggest that you consider these four tips if you are going to purchase a gift for your loved one on these holidays. Since the air is full of pollution during winter days, nothing can make a better gift than an air purifier. Therefore, you should consider these tips before looking for an online or physical store to make your purchase decision.