Poker is a very popular game among the card players. Since long it has been played by people only as a game but in recent times, it has got monetary values when played professionally. Poker finance basically talks about the monetary aspects of poker. There are many online options to generate poker finance and hence bonuses. Online options can directly offer bonuses or take you to famous online poker rooms.These online finance options offer many bonus packages which can be used to earn further. Out of so many choices offered, you can select the best possible one that suits your style of play, risk quotient and proficiency level. Some of these packages doled out by finance sites are generous enough to get hefty earnings. There are also options of getting add-on bonuses while you play the game, if you intend to do so. This add-on along with your earnings from the game and bonuses go a long way in elevating your bankroll.Apart from a wide range of bonus options, these online finance sites have other good facilities such as, you can use them 24*7, they have experienced personals who can give trust worthy help while you play, staff who can suggest ways to correct your gaming strategies, etc. Also these sites have proper payment gateways which can be relied upon.Here you can build communities and can invite people sharing the same interests. You can earn money through this community building and can always grow the size of the group by referring it to friends. There are also privileges for special monthly packages and promotions. Different competitions are also organized where people make big checks when they win in an event such as gala in World Series of Poker.These online finance options have made internet poker a billion dollar industry which started in a very small concept. Over a period of time, various innovations like the concept of bonuses have put this business on a role.
Alternative Financing Vs. Venture Capital: Which Option Is Best for Boosting Working Capital?
There are several potential financing options available to cash-strapped businesses that need a healthy dose of working capital. A bank loan or line of credit is often the first option that owners think of – and for businesses that qualify, this may be the best option.
In today’s uncertain business, economic and regulatory environment, qualifying for a bank loan can be difficult – especially for start-up companies and those that have experienced any type of financial difficulty. Sometimes, owners of businesses that don’t qualify for a bank loan decide that seeking venture capital or bringing on equity investors are other viable options.
But are they really? While there are some potential benefits to bringing venture capital and so-called “angel” investors into your business, there are drawbacks as well. Unfortunately, owners sometimes don’t think about these drawbacks until the ink has dried on a contract with a venture capitalist or angel investor – and it’s too late to back out of the deal.
Different Types of Financing
One problem with bringing in equity investors to help provide a working capital boost is that working capital and equity are really two different types of financing.
Working capital – or the money that is used to pay business expenses incurred during the time lag until cash from sales (or accounts receivable) is collected – is short-term in nature, so it should be financed via a short-term financing tool. Equity, however, should generally be used to finance rapid growth, business expansion, acquisitions or the purchase of long-term assets, which are defined as assets that are repaid over more than one 12-month business cycle.
But the biggest drawback to bringing equity investors into your business is a potential loss of control. When you sell equity (or shares) in your business to venture capitalists or angels, you are giving up a percentage of ownership in your business, and you may be doing so at an inopportune time. With this dilution of ownership most often comes a loss of control over some or all of the most important business decisions that must be made.
Sometimes, owners are enticed to sell equity by the fact that there is little (if any) out-of-pocket expense. Unlike debt financing, you don’t usually pay interest with equity financing. The equity investor gains its return via the ownership stake gained in your business. But the long-term “cost” of selling equity is always much higher than the short-term cost of debt, in terms of both actual cash cost as well as soft costs like the loss of control and stewardship of your company and the potential future value of the ownership shares that are sold.
Alternative Financing Solutions
But what if your business needs working capital and you don’t qualify for a bank loan or line of credit? Alternative financing solutions are often appropriate for injecting working capital into businesses in this situation. Three of the most common types of alternative financing used by such businesses are:
1. Full-Service Factoring – Businesses sell outstanding accounts receivable on an ongoing basis to a commercial finance (or factoring) company at a discount. The factoring company then manages the receivable until it is paid. Factoring is a well-established and accepted method of temporary alternative finance that is especially well-suited for rapidly growing companies and those with customer concentrations.
2. Accounts Receivable (A/R) Financing – A/R financing is an ideal solution for companies that are not yet bankable but have a stable financial condition and a more diverse customer base. Here, the business provides details on all accounts receivable and pledges those assets as collateral. The proceeds of those receivables are sent to a lockbox while the finance company calculates a borrowing base to determine the amount the company can borrow. When the borrower needs money, it makes an advance request and the finance company advances money using a percentage of the accounts receivable.
3. Asset-Based Lending (ABL) – This is a credit facility secured by all of a company’s assets, which may include A/R, equipment and inventory. Unlike with factoring, the business continues to manage and collect its own receivables and submits collateral reports on an ongoing basis to the finance company, which will review and periodically audit the reports.
In addition to providing working capital and enabling owners to maintain business control, alternative financing may provide other benefits as well:
It’s easy to determine the exact cost of financing and obtain an increase.
Professional collateral management can be included depending on the facility type and the lender.
Real-time, online interactive reporting is often available.
It may provide the business with access to more capital.
It’s flexible – financing ebbs and flows with the business’ needs.
It’s important to note that there are some circumstances in which equity is a viable and attractive financing solution. This is especially true in cases of business expansion and acquisition and new product launches – these are capital needs that are not generally well suited to debt financing. However, equity is not usually the appropriate financing solution to solve a working capital problem or help plug a cash-flow gap.
A Precious Commodity
Remember that business equity is a precious commodity that should only be considered under the right circumstances and at the right time. When equity financing is sought, ideally this should be done at a time when the company has good growth prospects and a significant cash need for this growth. Ideally, majority ownership (and thus, absolute control) should remain with the company founder(s).
Alternative financing solutions like factoring, A/R financing and ABL can provide the working capital boost many cash-strapped businesses that don’t qualify for bank financing need – without diluting ownership and possibly giving up business control at an inopportune time for the owner. If and when these companies become bankable later, it’s often an easy transition to a traditional bank line of credit. Your banker may be able to refer you to a commercial finance company that can offer the right type of alternative financing solution for your particular situation.
Taking the time to understand all the different financing options available to your business, and the pros and cons of each, is the best way to make sure you choose the best option for your business. The use of alternative financing can help your company grow without diluting your ownership. After all, it’s your business – shouldn’t you keep as much of it as possible?
Skin Care Shouldn’t Have To Be Difficult – Follow These Simple Tips
Do you have problems with taking care of your skin? Do you feel like you have tried everything possible? You are not the only one. Many people are in the same position. That is why the following article was written– to give people with skin care problems some valuable advice.When finishing up your skin care routine find the perfect toner for your skin. It will help tighten your skin and get rid of any dirt or makeup that you may have missed during washing. In place of the toner once a week you should try using a face mask which will deep clean your pores.If you’re still looking for the perfect toner, consider using tea tree oil in your skin care routine. A little tea tree oil mixed with water in a water mist bottle makes for a lovely toner. Like any skin care item, take care to keep it out of your eyes.If you need to use skin care products, use them on a consistent basis. Frequent use will give your favorite skin care products time to achieve the desired effect. If you need a reminder to perform your skin care regiment diligently, keep your products in plain sight. Keep these products near your nightstand for application before you go to bed.To keep skin from becoming dry in the fall and winter, moisturize every single day after your bath or shower. This is the best time to take care of this part of your daily skin care routine because it takes advantage of the moisture that has been absorbed by the skin during bathing.Don’t use germicidal soaps, extremely hot water, or intense scrubs to avoid dry leg skin. Soaps of a germicidal nature tend to remove an abundance of the natural oil found in skin. If you scrub your skin with hot water, the protective outer layout will become damaged. Use beauty soap with warm water and gentle rubbing to avoid dry skin on your legs.To keep your skin looking its best, reduce stress and anxiety as part of your skin care routine. Taking steps to reduce and control stress in your daily life can help your skin look alive instead of tired and grey. Uncontrolled stress short circuits your skin’s natural ability to repair daily damage and often interferes with your ability to get the sleep you need for fresh looking skin.Any skin care routine can be made more effective with the addition of adequate restful sleep every night. Your overall skin quality is adversely affected by the stress to your system caused by lack of sleep. Getting a good night’s sleep is the one highly effective beauty treatment for your skin that is absolutely free.Make sure that your skin care routine involves the application of a foot lotion. Particularly in the winter months, your feet need a strong glycerine based lotion that will keep them from getting too dry. Also exfoliate every once in a while to take off your dead skin; that will help the foot lotion work a little better.To improve your skin care routine, give yourself a dry brush exfoliation with a natural bristle brush every morning or evening before you shower. This will get rid of dead skin cells and help your skin to detoxify, giving your skin a healthier, better appearance. It will also decrease puffiness, and increase blood circulation.As was mentioned in the beginning of this article, many people feel like they have tried everything they can to improve and take care of their skin. The purpose of the above article is to help people in this exact situation. Take this advice, and you will be on the road to perfect skin in no time.