US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.

Business Loans In Canada: Financing Solutions Via Alternative Finance & Traditional Funding

Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow solutions for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.

Since the 2008 financial crisis there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance solutions, as well of course as the traditional financing offered by Canadian chartered banks.

Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.

Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )

How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:

Debt / Loans

Asset Based Financing

Alternative Hybrid type solutions

Many top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The alternative lender is typically a private commercial finance company with a niche in one of the various asset finance areas

If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).

Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.

The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.

Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.

We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.

Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.

If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.

Top 9 reasons to plan your stay at the Taj Mahal Palace in Mumbai

Arriving and staying in the city of Mumbai is a very rewarding experience for the people especially if they are planning their stay in a very good quality hotel. There is no need to worry because Mumbai is a city that is inclusive of different kinds of hotels that are ultimately successful in terms of providing the people be top-notch quality facilities and features and one such great hotel is Taj Mahal Tower Mumbai. Staying into Taj Mahal Hotel is a dream of many people because of multiple reasons and some of those reasons why people prefer this particular hotel are mentioned as follows:

Suggested article: Taj Mahal Tower Mumbai Hotel Price, Address & Reviews

The hotel comes with a worry-free experience for the guests: In case the people have to choose everything about the trip on their own for example transportation, stay and several other kinds of things then it can be a very tiring experience. But whenever one will go with the option of allowing the hotels to choose and arrange the transportation then one can enjoy a very worry-free trip very easily. The moment when the people will be walking outside they will find the hotel the person of hotel staff holding the placard and they will escort to the transportation being arranged by them. The hotel is very much successful in terms of enhancing the experience for the people so that all the guests can have a worry-free experience because this particular hotel always pays proper attention to the demands of the guests.
The welcoming experience is too good: The moment when the people will walk through the door of the hotel they will be witnessing one of the finest and largest hotel companies of India as well as Asia. Staying in this particular hotel is a very good experience and the people will be greeted with chilled towels, the tastiest non-alcoholic welcome drink, and the flower lei.
It comes with a high-quality museum and art collection: The hotel also pays proper serious attention to the best quality art collection and everywhere people will be looking there will be a masterpiece in the form of painting, sculpture, or artifact and the best part is that everything has been created by the Indians only. There are more than 300 pieces in this particular hotel and along with all these kinds of things; the hotel is itself no less than a tourist destination. Hence, whenever people will plan their stay in this particular hotel they will be availing multiple advantages in the long run.
The rooms are amazing: Every room comes with beautiful new interiors and there are different kinds of categories of rooms and each one of them is ridiculously beautiful. Every room has been designed differently so that people have a top-notch quality experience all the time. The architecture has been paid proper attention and the interior design provided by the hotels is amazing. Hence, whenever the individuals are interested in avail the advantages of best quality interior designing they must go with the option of staying into this particular hotel so that they can enjoy on the trip.
The food is breathtaking: The hotel comes with 11 restaurants and 24 hours of room service for the people. The on-site restaurants are many and they help in providing the people with different kinds of cuisine options, for example, Arabic, Japanese, Mediterranean, western dishes, Indian, Chinese, French, Italian and several other options so that taste buds of every guest are perfectly satisfied and there is no issue to any of the guests in the form of food items. Hence, the variety and flexibility provided by these kinds of cuisine options are top-notch.
The hotel comes with the best service in the industry: Taj hotels are well-known across the globe for the hospitality and services provided by them and Taj Mahal Tower Mumbai is also a very important member of this list. This particular hotel treats their entire staff very well and most of them have been working here for many years and are very much happy. The waiters serve the breakfast perfectly to the people and one will get everything which one normally expects at a five-star international hotel breakfast buffet. Hence whenever the people are interested to take the best possible advantage of top-notch quality hospitality and different kinds of services then depending upon staying into this particular hotel is very much important. To have proper access to delicious and authentic Indian dishes you must plan your stay in the Taj Mahal Tower Mumbai.
The hotel comes with a very good pool: Whenever the individuals are interested to relax and enjoy a good time with them then they can take complete advantage of the pool and several other kinds of facilities provided by the Taj hotel. Taking a dip in the pool is very much relaxing and the best part is that people can even go to the gym after it. Hence, this point is very much successful in terms of making the vacation the best possible experience for the people.
Everybody prefers to stay here: Another very important reason why you should plan your trip to stay in this particular hotel only because this hotel is the first preference of all the celebrities and heads of the states and many of them have already stayed over there. The list is very long and includes President Obama, Secretary of State Hillary Clinton, John Lennon, Oprah Winfrey, and several other famous personalities. Hence, witnessing great interior and architecture is a great idea with the help of this concept and you must always fulfill your overall dream of staying it to a very lovely place by booking a room in Taj Mahal Tower Mumbai.
The location of the hotel is too good: The Taj Mahal Palace is located at the most famous landmark of the city which is the Gateway of India and everything else worth checking in Mumbai is only 10-15 minutes taxi ride from here hence, the prime location of the hotel is a great reason why you should prefer booking a room here.
Hence, for your next trip if you are planning to visit Mumbai then you must book a room in Taj Mahal Tower Mumbai to avail of all the above-mentioned advantages.