Archive for the ‘Other - Business & Finance’ Category

PostHeaderIcon How do I deal with a general contractor that isn’t doing his job?

lackfree asked:


It’s a commercial GC,licensed and all,was hired to remodel a commercial existing building.The job was supposed to be done months ago and still not finished.I paid him more than I owe him within the contract.Just found out that no sub-contractors have been pd.I am paying the sub-contractors from my own money now because the GC says he has no more money left.I have proof that all the money I gave him, he did not use for my project, maybe for his personal bus.Should I keep paying the sub-contractors so I don’t get any liens on my property and after the project is over sue the GC for the extra money that I had to pay plus all the white hairs that have developed with all the stress.I had to apply for many loans in order to get the money to pay everything.My lawyer is getting on my nerves saying that all GCs are the same.All GCs cannot be all thiefs and liers.Thank you for reading and I hope you can help me with insights on what I can legally do here in Florida.

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PostHeaderIcon Financial Statement Software?

Robert H asked:


I am looking for an inexpensive financial statement spread software for commercial loans and companies. The software does not need to be all encompassing, but instead needs to be able to spread financial statements and calculate ratios, variances, etc. While I would love to have Moodys KMV, this is too expensive. Any suggestions?

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PostHeaderIcon I’m looking to be a broker I am 19?

bboyballer112 asked:


Is there someone out there who knows of a job that would help me into this profession? Broker for gold petroleum commercial loans and hard money. I have buyers but do not know how to get a hold of suppliers.

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PostHeaderIcon I am in a partnership with my son in a commercial roofing business?

wonder woman asked:


Where and how is the best way to find the best,low interest,small business loan for women as a minority for working capital? I have exausted my savings.We have lots of business but commercial jobs take so long to pay and we need a good base of operating capital. We were 2 years old Aug this year. We have survived the critical first 2 years.Please help with any advice you can offer .We have a fifty/fifty partnership.Do I need to make myself a majority share owner to better qualify for women as a minority loan. What about government grants? Thanks so much and Merry Christmas!

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PostHeaderIcon Commercial banks in the United States create money by:?

swthoneyapple asked:


i put C by i am not sure.

A. Printing new currency

B. Converting checking accounts to saving accounts

C. Issuing loans

D. Replacing worn-out currency

E. Selling bonds

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PostHeaderIcon Can someone check the grammar of this finance related text, please?

mr Bee asked:


1.Loan portfolio is commonly the major part of the assets of commercial banks. Hence, the profound understanding of mechanism of its building provides the ability to evaluate the fair value of its assets and to find the ways of improving their quality.
2.Analysis of creditworthiness of potential borrowers implies intensive application of financial statement analysis, short-term and long-term financial planning methods, that activity develops skills directly applicable to the process of making decisions regarding financing of the bank activities.

Commercial Loans to 65% of Value

PostHeaderIcon Are commercial real estate prices destined for the same fate as what’s happened in the housing market?

Roxann Colter asked:


The CMBS market is paralyzed and the CMBX says prices will fall 23 percent over the next three years. There are a lot of interest only commercial real estate mortgages in CMBS portfolios and many will begin amortizing this year. If a recession is upon us and those borrowers can’t meet their debt service requirements under the new amortization – it seems to me we have a repeat of what is happening in the subprime universe.

PostHeaderIcon Does anyone know that where can I find a COMPLETE DEBT STATEMENT of a US firm? I need it for my uni. research.

sina_b78 asked:


There are some Balance Sheets available on net but they mentioned OTHER LIABILITIES or just said NOTES PAYABLE. I need to have complete information, i.e. bank loans, commercial papers, floating-rate bonds, money multiplier notes, etc. This is not enough to have just NOTES or OTHER LIABILITIES.

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PostHeaderIcon What crap is this email, has anyone else recieved this, and where did he get my email?

Kris asked:


JARTEY BOSMAN
THE TRUST BANK
ELIZABETH, II AVENUE
TEMA, GHANA

ATTENTION PLEASE,

I KNOW THIS MAY COME TO YOU AS A SURPRISE SINCE WE HAVE NOT MET
BEFORE.ANYWAY; THERE IS NO PROBLEM SINCE I GOT YOUR CONTACT AS I SORT
FOR
A RELIABLE AND AN HONEST PERSON TO WORK WITH.

MY NAME IS MR. JARTEY BOSMAN. I AM ONE OF THE OFFICERS OF THE
INTERNATIONAL COMMERCIAL BANK OF GHANA LTD, IN THE WESTERN REGION OF
GHANA.I GOT YOUR INFORMATION DURING A RECENT BANK CONFERENCE WITH OTHER
WEST AFRICAN COUNTRIES HELD IN LOME THE CAPITAL CITY OF TOGO IN WEST
AFRICA.

I WRITE YOU THIS PROPOSAL IN GOOD FAITH; I AM 42 YEARS OLD MARRIED WITH
TWO LOVELY KIDS. I AM A DEVOTED CHRISTIAN AND A MAN OF PEACE. I HAVE
PACKAGED A FINANCIAL TRANSACTION THAT WILL BENEFIT YOU AND I. AS THE
REGIONAL MANAGER OF THE BANK IT IS MY DUTY TO SEND IN FINANCIAL REPORTS
TO
MY HEAD OFFICE IN THE CAPITAL CITY ACCRA AT THE END OF EACH BUSINESS
YEAR.

IN THE COURSE OF LAST YEAR BUSINESS REPORT, I DISCOVERED THAT THE
BRANCH
IN WHICH I AM THE MANAGER MADE TWO MILLION, SIX HUNDRED AND EIGHTY
THOUSAND US DOLLARS ($2,680,000.00), WHICH MY HEAD OFFICE IS NOT AWARE
OF
AND WILL NEVER BE AWARE OF.

I HAVE PLACED THIS FUNDS ON WHAT WE CALL ESCROW CALL ACCOUNT WITH NO
BENEFICIARY. AS AN OFFICER OF THIS BANK I CANNOT BE DIRECTLY CONNECTED
TO
THIS MONEY, SO MY AIM OF CONTACTING YOU IS TO ASSIST ME RECEIVE THIS
MONEY
IN YOUR BANK ACCOUNT AND GET 20% OF THE TOTAL FUNDS AS COMMISSION.

THERE ARE PRACTICALLY NO RISKS INVOLVED, IT WILL BE A BANK TO BANK
TRANSFER, ALL I NEED FROM YOU IS TO STAND AND CLAIM AS THE ORIGINAL
DEPOSITOR OF THIS FUND WITH MY BRANCH SO THAT MY HEAD OFFICE CAN ORDER
THE
TRANSFER TO YOUR DESIGNATED BANK ACCOUNT.

IF YOU ACCEPT TO WORK WITH ME I WILL APPRECIATE IT VERY MUCH. MY
PRIVATE
PHONE NUMBER IS 233 245977703 CALL ME IF YOU THINK WE CAN WORK TOGETHER
SO
THAT WE CAN GO OVER THE DETAILS. THANK YOU IN ADVANCE AND MAY GOD BLESS
YOU AND YOUR FAMILY.

YOURS TRULY
JARTEY BOSMAN

PostHeaderIcon Please help with statistics I am desperate?

Stephanie R asked:


An auditor wants to estimate what proportion of a bank’s commercial loan files are incomplete. The auditor wants to be within 4% of the true proportion when using a 95% confidence level. How many files must the auditor sample? No estimate of the proportion is available, so use 0.5 for the population proportion

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