Installment Loans That Get Small Businesses Up and Running

Many banks and financial institutions now offer more choices of installment loans for businesses of all types and sizes. These installment loans are designed to help new businesses run smoothly or existing small businesses to possibly expand even their own limited capital.

There are two options to a business installment loan. One is that it can be secured and backed by collateral. The other is that it can be unsecured with a fixed monthly rate or with a variable interest rate depending on their needs. No financial documentation is required for an unsecured loan.

Getting Down to Business

Business loans prove invaluable especially to businesses which do not have enough cash on hand for larger expenses. Since the tendency is for available cash only to go to basic and overhead expenses, these businesses can only operate on a limited budget. This hinders them from growing and generating more income.

With the new business installment loans as an option for entrepreneurs, opportunities open up for new and small businesses to flourish. In fact, these same businesses have found it very difficult to obtain a traditional loan from banks or lending agencies whose criteria could not be met, given that they are not yet well-established. It is understandable that they have no fixed track record or credit standings whatsoever to boot.

Another bright prospect for owners is that business installment loans can assist them in buying and investing in necessary fixed assets like computers, furnishings, and office equipment. However, the condition is that the money borrowed can only be used for specific expenses that were listed in the loan agreement that had been signed and processed. Said businesses may also be required to submit a documentation of all related expenses from the loan.

Both ways, the loan will still be subject to bank approval based on certain eligibility requirements. Borrowers should have good credit standing, and business should have been in operation for at least 2 years. Once approved, these loans are fast and quickly released, thus the term fast loans. They are a safe and secure means of acquiring capital. They are usually repayable in 5-10 years at a mean of 7 years’ time.

If all these are complied with and recipients are found to be performing satisfactorily, their loan amounts may even be increased later on if the businesses need additional funding. This gives room for offices to purchase more modern supplies, hire more employees, buy or rent a bigger office space, and advertise the company’s products. The possibility of expansion does not remain a dream but becomes a reality in the making.

A Vote of Confidence

Today, some fast loan lending agencies and companies catering to small businesses offer a line of credit for checking and cash advances to qualified entrepreneurs. A criterion would be that of good credit standing, of course.

Through installment loans, many new businesses have taken off and are up and running. They assist in boosting economic progress and financial recovery through small-business entrepreneurship. Business people are given a fair chance to succeed through a vote of confidence in the form of a moderate business loan.

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The Source of Silver – Its Ores and Silver Bearing Minerals

Silver has been over $10 per ounce for most of a year, causing curiosity among some folks as to the where silver comes from. Silver is mined from a variety of rock like ores, commonly in combination with gold. In some ores the gold predominates, yet in others it’s the silver, while in still a third class these two precious metals may be mixed with various base metals, such as lead, copper, zinc, and iron. Few silver ores are absolutely free from gold, and vice versa, so that a separate consideration of the two is more or less a difficult task. For those ores where the most valuable element is silver, the silver is normally contained in minerals that are colored gray to black in appearance. These minerals range from those with a metallic sheen to others with an earthy soot-like appearance. Sooty black minerals are common in many very rich silver ore samples. Most of these sooty black deposits consist of acanthite or various complex silver bearing sulfides (a sulfide is a mineral containing sulfur in combination with one or more metals).

The most common valuable minerals which may constitute rich silver ores include native silver; acanthite (silver sulfide); pyargyrite (dark ruby silver or silver antimony sulfide); Proustite (light ruby silver or silver arsenic sulfide); Stephanite (brittle silver, also a silver antimony sulfide); Polybasite (also a silver antimony sulfide); Cerargyrite (Silver Chloride); Bromyrite (silver bromide) and Iodyrite (silver Iodide). Bonanza grade silver ore can also contain various silver telluride minerals including Calaverite, Sylvanite and Hessite. To a lesser extent, base metal sulfides including Galena, sphalerite, pyrite, chalcopyrite, and chalcocite may all be and frequently are silver bearing, but in most silver ore deposits, the silver is most concentrated in the minerals of the group first named above. Of the base metal ore minerals, the most common primary ones are argentiferous galena, sphalerite, and pyrite, while native silver and the sulphides and arsenides are less common.

Standard Types of Silver Ores:

There are two general classes of silver ore that have been mined: 1) lead-silver and 2) high-grade silver ores. Both have almost always varying amounts of gold. The lead -silver mines furnish also, as noted above, by far the greater portion of the lead produced in the United States. High grade silver ores normally have considerably less base metal content and often contain significant gold.

1. Dry or Siliceous Ores. These include: (a) The gold and silver ores proper, including bonanza epithermal silver ores; (b) fluxing ores carrying considerable quantities of iron and manganese oxides with small gold and silver contents; (c) precious-metal bearing ores with copper, lead and zinc in small amounts; and (d) disseminated low grade silver deposits. The states of Colorado, California, Nevada, South Dakota, and Alaska have been the largest producers of this category of silver ore The siliceous ores are in part free milling; in part simply concentrating, as parts of Colorado and Arizona; in increasing part all-sliming and cyaniding; and in part smelting. A great deal of the silver from the gold-silver siliceous ores is obtained with the gold by cyanidation, the silver being recovered by refining the mill bullion. The remainder is obtained by smelting rich ores and refining copper or lead bullion produced. The siliceous silver ores are of varying age, but most epithermal ores are young, typically post-Miocene age. Those found chiefly in Colorado, Nevada, and Montana, are associated with Tertiary lavas and characterized by Bonanza grade rich ores. Some of the most productive ones may carry fluorite and normally also tellurides. In some the value of the gold may predominate; in others, silver.

2. Copper ores, usually with over 1 per cent copper, but with less in the case of the western disseminated ores and those of Lake Superior. The largest gold producers are those of Utah, Arizona, Nevada, and Montana. The silver production comes from the electrolytic refining of blister copper produced by smelting. The great disseminated deposits of Utah, Arizona, Nevada, and New Mexico are yielding increasing quantities, while the vein deposits of places like Butte, Mont., have are also been important. The gold- and silver-bearing copper ores exhibit great differences in form and age; neither do all the occurrences yield much gold or silver, and, moreover, they are of more importance as gold producers, silver being less often associated with the copper.

3. Lead-bearing Silver ores: These are silver ores containing 4 percent or more of lead. The silver comes mainly from the lead-silver ores of Coeur d’Alene, Idaho, Utah (chiefly Park City and Tintic), Colorado (Leadville and Aspen). Most of the output is obtained by the de-silverization of lead bullion using molten zinc. The silver and lead ores form a large class, of rather wide distribution, and while the two metals characterizing the group are the most prominent, there may also be, and often is, present a variable quantity of other metals such as gold, zinc, and copper. The silver contents, though sometimes high, but are not necessarily visible, and may be contained within the galena as Ag2S partly replacing lead sulfide in the crystal. The ore bodies as a whole present a variety of forms, the ore having been deposited either by fissure vein cavity filling or replacement, or both. Most of the important occurrences seem to have been formed at intermediate depths. Oxidation zones frequently cap the ore bodies, and downward secondary enrichment has probably occurred in many cases. Silver-lead ores form a widely distributed class in the Cordilleran region of the United States and supply most of the lead mined in this country. Prominent deposits have been mined in Colorado, Idaho, and Utah, but are also known in New Mexico, Montana, Wyoming, Nevada, Arizona, California, and South Dakota. Canada supplies a small but steady production from British Columbia, while in other foreign countries districts worth noting for either commercial or historic importance are Broken Hill, New South Wales, Australia; Clausthal and Freiberg, Germany; Przibram, Bohemia; Sala, Sweden; Laurium, Greece; Mexico, etc.

4. Copper-lead or Copper-lead-zinc Ores. These are unimportant as compared with the others. The gold they supply is small, and the main silver production was from mines in Colorado and Nevada. Historically, the Eureka district in Nevada yielded significant amounts of copper-lead-zinc ore with large amounts of gold and silver. They are often designated as polymetallic ores in modern classification systems.

5. Zinc ores, containing at least 25 per cent zinc. These yield little gold, and the silver which is obtained mainly as a by-product from the smelting of zinc concentrates and in the US has been obtained chiefly from deposits in Nevada, Montana, and Arizona.

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What Furnishings Do I Need For My First Apartment?

A first apartment is an exciting time for any young adult. But knowing what furnishings you need can be a bit of a conundrum.

In the old days, most first time apartment dwellers were happy with second hand furnishings and shelving made out of cinder blocks and particle board. But today, there’s many more choices, even for those on a small budget.

While it may be tempting to go dumpster diving or thrift store shopping, you can work a lot of magic with your limited budget by planning exactly what you need and what you can add later. By not trying to do it all at once, you can invest more money in key items you want to last a long time, such as a bed.

If you haven’t purchased any furniture yet, make sure you can take measurements of your first apartment before you go shopping or deciding what to take from home. You don’t want to spend an hour wrestling a king sized mattress up four flights of stairs, only to find that it won’t go up the last flight in your apartment because the opening is too small.

To help you figure out what you need, let’s go room by room.

Living Room

A really good option for seating in a first apartment is a futon or sofa bed. Not only does it offer a nice seating area, but you can use it when friends want to spend the night. Try to stay away from the old fashioned hide-a-beds. Their not comfortable to sit on, they’re even worse to sleep on, and you’ll get really tired of lugging them around from one apartment to another as you trade up.

Add a couple of end tables and a coffee table and you’re well on your way to furnishing the living room. If you need additional seating, floor pillows can work or you can get an ottoman, if you want versatility. Of course, most people want an entertainment center, so get one that can grow with the size of TV you plan to get down the road. And don’t forget storage areas, which can be in the entertainment center or you can use a bookcase with shelves and doored areas.

Dining Room/Kitchen

In a first apartment you may not need a dining room table, unless you want to use it to do homework or have a poker night with friends. Chances are a couple bar stools at a breakfast nook will do just fine. If you really want a dining table, go with a bistro table or kitchenette that can be reused down the road in your next apartment or house.

Bedroom

This is an important room to furnish since you spend one-third of your life there. Invest in a good bed because you’ll probably have it at least 8 to 10 years, perhaps even longer. Try to get a queen or even a king, if possible, since you’ll hold onto it longer than a full size. A dresser is a good option, too, since many apartments are short on closet space. Round it all out with a nightstand or two for an alarm clock and you’re good to go. Alternately, a cedar chest can double as a night stand and give you additional storage space.

Home Office

In this day and age a lot of people spend as much time on their computer as they do in bed. It’s wise to get the best chair and desk you can afford. A bookcase can come in handy, too for storing supplies and software.

Patio/Deck

If you have an outdoor space, you’ll want to create an escape that is comfortable and relaxing. A bistro table will work nicely on a patio or deck, along with a barbecue. Alternately, you can get a couple of chairs and a small outdoor occasional table. It largely depends on the size of your space.

Decorations

This is a personal choice, of course. But personalizing your space can really make it feel more like home and you’ll look forward to coming home to your first apartment if it feels comfortable and welcoming. Lamps are perhaps the biggest consideration, since apartments tend to offer a single fixture on the ceiling and nothing else. Choose lamps that will work well in your next couple of places. Don’t go with something that’s too trendy.

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