Brook hollow

Financial Strength is the cornerstone of our success.

Our Services

Accumulation

We help you design the ideal plan for accumulating funds and investing them in different pockets. 

Estate Planning

Planning on your estate can be quite difficult at times. But we are here to do that for you.

Retirement Planning

Planning a safe and self-sufficient retired life can be complex. We will help you fix that. 

Business Planning

Make the best and the most suitable plans for your business and we are here to back you up.

Risk Management

Risk management is a complex task and not all can master that. That is why we have an expert team here and they can do it for you.

Mutual Funds

Have you ever given it a thought when people say MF is the best investment plan? Come, let us figure out together.

Our Best Team

Beriya Smith

Beriya Smith

The best way to manage your finances lies within our walls. All you have to do is to trust us. 

Andrew Matta

Andrew Matta

We have a list of business strategies that can always be customised according to your business. This way you can make happy profits.

John Smith

John Smith

The aim of any business is long-term survival and we make that dream possible. Learn to survive with us!

Latest News

How long does it take to get a budgeting loan after acceptance?

How long does it take to get a budgeting loan after acceptance?

So you’ve been accepted. You are looking forward to buying that washing machine so that you can finally wash that heap of clothes in the laundry basket. Or maybe you need to pay rent, deal with maternity costs, or just desperately need to make repayments elsewhere.

Whatever your situation, finances can often be the biggest impediment blocking you from getting started or making payments and that’s where the budget loan can come in use to help push things forward and give you the support you need.

The UK Budget Loan usually becomes available to individuals within 3 weeks after applying, so long as the application has been accepted.

That being said there can be a slight variance on this, as people who accept the loan offer online, may receive the loan within 12 working days after acceptance, so if you need the support fast, this could be a more efficient route to take.

When applying for such government loans it is important to note that applications have to be sorted into the right groups and categories and then sent to the processing office, where there are frequently many other applications to sort through.

Due to the internal variables that can influence processing times, this is why the government gives an estimated time frame of up to 3 weeks before payment is received after loan approval is given.

There are also external variables which should be taken into account when applying for government funding, such as delays caused by disruptions in post office service operations.

Frequently it can also take time for money to clear when deposits are being paid into a bank account, and it is important to allow 3 to 5 days for this.

If you want to be certain of knowing when you’re going to receive your loan, it is possible to track your application if your mobile number is included on the documentation, as this allows them to give you regular updates in regards to your application via texts.

For those who decide to apply for the Budgeting Loan, you will be glad to know that this is interest-free. Repayment is normally required within two years after receiving the loan, which can be taken out of other benefit payments you are receiving, such as Job Seekers Allowance or Income Support. If you manage to find work in this two-year time frame, then the government will normally require you to pay back the loan another way.

The minimum amount you can receive for a budget loan is £100.00. If you are single, you could get a budget loan of up to £348 while those with a living partner can receive £464. For those whom have children and receive child benefits, the maximum loan that can be received is £812.

There’s no denying that budget loans can offer great alleviation for those people who are in desperate need of some extra financial support.

Whether its to simply get that next hot meal, or to be used for travel expenses for potential work opportunities in other towns and cities, the Budget Loan is normally a viable option that people in the UK can and should turn to if they need.

For someone who has little or no money, and needs to get financial help urgently, there is also the possibility of applying for a short-term loan with no credit checks from BadCreditSite or others, which can be offered on a short-term basis, for those who are waiting for the Budget Loan payment to come through.

Different Types of Loans

Different Types of Loans

A loan is a large amount of money that one borrows and thereafter pays back. This is a process that allows you to pay the amount back either immediately or over a longer period. Loans are thus a fixed amount that can reach increasingly high amounts.

The total amount of the loan that should be paid back at the end of the day changes depending on one’s income, credit history and your income to name but a few factors.

With many different types of loans, you can borrow, it’s important to know what options there are and, which are best suited for you.

Open-Ended and Closed-Ended Loans

Considered as loans that can be borrowed multiple times, both open-ended and closed-ended loans are some of the most popular loans people tend to make use of.

The most popular open-ended loans are credit cards and various lines of credit that both have a credit limit which only allows you to borrow a certain amount of money at one time. You can either make use of the entire credit limit or part of it when applying for this type of loan. With each purchase, your available limit will get less and less and as you make payments, your available credit in return will increase.

Close-ended loans are considered one-time loans and can thus only be borrowed once they’ve been paid. When making payments on these loans, the initial balance of it decreases. This doesn’t allow you to have any available credit. If ever you must borrow more money, you’ll have to apply for yet another loan when choosing this option. These types of loans most commonly include auto loans, student loans, and mortgage loans.

money

Secured and Unsecured Loans

Relying on both assets and collateral objects as a set value for a loan, a lender can take these as a cover for the loan.

A secured loans value will have to be confirmed before one can borrow it. In most cases, the lender only allows you to borrow a loan that equals to the value of the asset you provide them with.

Unsecured loans are the opposite of secured loans and do not require any asset to be used as collateral. An unsecured loan has higher interest rates and is generally harder to obtain as many can’t afford them while in debt. They also rely completely on your credit history, as well as your income. These are the two factors that allow you to qualify when applying for it.

Conventional Loans

Also referred to as a mortgage loan, conventional loans are those that are not insured by the government. In the U.S. those who oversee the general loan but not the conventional ones are the Federal Housing Administration, as well as Rural Housing Services and the Veterans Administration. These types of loans usually follow rules that are set by the Federal National Mortgage Association.

Some loans should be avoided

You might not think this to be true, but there are even some loans that should be avoided as they are run by individuals that take advantage of their consumers. These are usually payday loans which are short-term loans. These should be avoided at all cost, to avoid possible scams.

Day Trading Strategies for Beginners

Day Trading Strategies for Beginners

Day trading can be really beneficial and profit worthy profession. But to be a winner of this game, you need to be aware of certain things while starting off. Here they are:

The power of knowledge

Always take notes and do your homework before you get into the field. Keep a list of things you want to invest on and research about the opportunities. The power of knowledge must be used to its full extent.

Keep some money to the side

It is important to know that a successful day trader does not risk much of his capital during a trade. They usually stick to 1%-2% and it works out pretty well for them.

 Start small

Don’t lose focus by dabbling in too many things and try to be a master of a trade instead of jack of all of them. Stick to a couple of stocks when you’re starting off because you get better opportunities as you track and observe much more.

Distance from Penny Stocks

For a person looking for deals which aren’t very high and pricey, it is customary to be aware of avoiding Penny stocks. They do not have good chances of a win and are not even liquid.

Keep some time aside

Day trading is such a profession which calls for working the entire day. Markets must be tracked and opportunities must also be spotted while the life is running at a fast pace.

forex-day-trading

Timing is important for trades

It is always a smart move to play it safe when you’re starting off in this business. Try to just read and analyze how the market function instead of making any hasty moves. The prices are extremely volatile in the morning when the market just opens, while the middle hours see a fall in said volatility. The opportunities might be more but they aren’t guaranteed.

Cut the losses

You may either use limit orders or market order while you enter or exit trades. Limit orders help you trade much more precisely as you get to set your price for not just buying but also selling. The execution may not be guaranteed but the price is.

Stay cool

It is imperative to keep your emotions in check when you are looking to make money as a day trader. There are multiple occasions when your patience and calm will be under test, and these occasions need utmost logic to overcome.

Don’t lose focus

A rule for successful day trading is to act fast but not necessarily think fast. There has to be a practice of sticking to the formula they had developed and they do not deviate from this path very often.

Be real about profits to yourself

There are a lot of times when strategies do not translate into profits. The chances of them working is always at 50% or 60%. It is necessary to keep in mind that a winning idea is worth more than the loss on a losing strategy.

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