We Offer Paper Writing Services on all Disciplines

Make an Order Now and we will be Glad to Help

Order Now



Ask a nursing expert to help you with your homework

We are ready to assist you anytime.

Order Now

Payday loans are one of the most insidious business practices, and  their customers seem to end up with a payday ball and chain around their  neck that never seems to go away

Payday loans are one of the most insidious business practices, and  their customers seem to end up with a payday ball and chain around their  neck that never seems to go away.  This is because the interest and  fees associated with these loans are so high that many people get  trapped into taking one after the other over and over again.  Rarely do  payday loans end up being the short-term solution they claim.  On the  business front, there are working capital loans.  Do you think that  these are a good idea and a valid solution to help manage working  capital, or do you think that these are the business equivalent of  payday loans?

Post by classmate

 

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

I look at payday loan and working capital loans differently because  of how the debt to income or net working capital is calculated.  Funding  circle talks about businesses looking at their capacity to repay a loan  before taking a working capital loan.  “Capacity, in this context, is  your business’ ability to repay the loan” (DeNicola, 2021).  I would use  the formula for net working capital to determine what I am able to pay  off.  A business also needs to look at their historical records to  determine if they would be able to cover the loan with profit or if they  would need to dig into their cash before taking the loan.  In this case  I don’t consider it a payday loan because the company has assets to  cover the loan they are just looking to capitalize on the time between  payments to make as much money as possible.  When individuals get payday  loans they normally get them to cover bills because they have  overextended themselves without a real plan in place to make up the  money and the loan for not only the payday loan but the other loans they  have in place that continue to build interest.  Working capital loans  are used for many reasons outside of paying off debt.  Some of the  different reasons for these loans could be to meet seasonal demands for  employees, supplies expansion of a business, and can even be used to  refinance existing debt with higher interest rates (DeNicola, 2021).   Being able to efficiently and effectively manage your assets and  liabilities is critical to becoming a successful business (Adelman &  Marks, 2014).  Truly understanding your financial statements and where  you can find efficiencies so you don’t have excess money just laying  around will allow you to execute a working capital loan to benefit your  business and not put you into a cycle of more and more loans.

"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!":

Get started

How it works

Place an order

Select the paper type, page limit, discipline, and format, and then set the deadline. Specify your paper instructions and attach the additional materials.

Track the progress

Check the finished parts of the paper and ask for amendments if necessary. Use the online chat for quick communication with the writer

Receive a paper

Release the payment when you are fully satisfied with the work. Leave feedback to share your experience with our writer.

Why our online essay writing service?

All types of paper writing help

Whether you need an essay, research paper, or dissertation, We have you covered. Our writers can create any kind of academic writing. Also, we can rewrite and edit your papers.

24/7 support

If you have questions about our service or need additional details to make a request, our friendly customer support will get your issues resolved.

On time delivery

Punctuality is our second name. Your order will be delivered strictly within the deadline. If you have an urgent order, we can do it! Our writers will need at least three hours to complete it.

Let us cover any of your writing needs!

Academic Paper Writing Service

Our best writers will gladly help you with:

Coursework / Homework

  • Homework Assignment
  • Engineering Assignment
  • Statistics Assignment
  • Biology Assignment
  • Nursing Assignment
  • Chemistry Assignment

Paperwork

  • Essay
  • Term Paper
  • Research Paper
  • Thesis / Dissertation
  • Research Proposal
  • Editing and proofreading

Others

  • Multiple Choice Questions
  • Short Answer Questions
  • Word Problems
  • Programming Assignment
  • Article Writing
  • Mathematics Calculations