Archive for the ‘Business Credit’ Category

Enabling Credit Avio and spare parts

 credit rating The parts stores and credit rating or loan accoutrement are systems designed to meet the specific needs of the industrial sector, primarily commercial and agribusiness.

This kind of loans have two characteristics that distinguish them from others:
1) The loan .- The borrower does not have its will, they are intended for specific resources.
2) Guarantee .- The proceeds of the investment is the natural guarantee credit.

Thus, to obtain such loans, applicants sign a contract that forces them to invest the entire amount of the loan for the acquisition of material relevant to the business.

Credit accoutrement
The credit rating, known as accoutrement, should be used to purchase supplies, materials, salaries and expenses directly related to the exercise of the company. This credit is directly linked to immediate production.

There are two types of credit accoutrement: the agricultural and industrial.
* In the agricultural accoutrement, the aviado (person applying for credit) invests in seed, fumigants, etc..
* In the industrial accoutrement, the credit goes aviado to raw materials or supplies that are necessary for the production of the products it manufactures.

Read the rest of this entry »