What is Loan-to-Value Ratio in a Business Loan?
The Loan-to-Value ratio (LTV) calculates the maximum amount of a secured loan offered by a lender to a borrower based on the market value of collateral offered by the borrower to the lender to secure the business loan. For example, let’s assume that some equipment that is needed for a… Read more »
What is Asset-Based Lending?
Asset-based lending is a form of business lending in which a loan is offered by a Lender to a Borrower against the value of one or more assets that the Borrower puts up as collateral for the loan. This asset secures the loan in a Loan-to-Value (LTV) ratio. For example,… Read more »
Solve Low Labour Productivity in Canada: Businesses Need Investments, Less Taxes, Less Homeownership Obsession
Economists at the Bank of Canada have been blaring the alarm about a problem in Canada’s economy that’s even more important than, but inextricably linked to, inflation. This problem is the consistently stagnant and even declining rate of productivity in Canada. It is close to the bottom of the ranking… Read more »
What Your Bank Will Not Tell You About Your Mortgage Interest Payments
How much of your hard-earned cash is actually going to Mortgage Interest versus Equity? You must understand how real estate numbers work.
What is Mortgage Insurance?
An insurance policy that protects the mortgage lender in the event that the borrower defaults on the loan.
What is a Mortgage?
A loan that is obtained by a borrower from a mortgage provider in order to buy real estate such as a house, commercial building, or land.