globalfin.io

Here's what it says on the globalfin.io website:

We are an excellent organisation with experienced financial planners. We guarantee to clinch off our client’s requirements through our indubitable service. Our main motive weighs more to lead you to a luminous future and escort you to achieve your intended business objectives, by providing requisite financial services. You can feel our breezing benefits , whereas you’ll not be forced to follow exhausting policies. Everyone stresses over the future especially where finances are concerned. You can now remove a large portion of worry from your life by planning for your future now. globalfin.io is focused on helping you reach your goals of financial freedom so that you can live your life comfortably. We have several years of planning business development and financial services which sets us apart from the rest and makes us the best company to assist you in your project. We are specialist in issuing several kinds of bank instruments to help business organizations to achieve their expected objectives in time. Our instruments vary from Bank Guarantee, Medium Term Notes, Standby Letter of Credit, Proof of Fund, Monetization. We offer Leasing and Selling of Financial Instruments at affordable rate with reason terms and condition. Currently, many businesses find difficult to keep a step further as they assume it to be risky and uncertain. However, we have designed our financial planning to give the most accurate and efficient results in a low risky manner We have a long-term experience in assisting thousands of clients from various background, so we assure to quench your business thirst by our resources and services. When globalfin.io was founded, we could see that businesses weren’t being given the finance to grow, while investors were making poor returns. By lending directly to businesses through globalfin.io, investors can now earn attractive returns to better provide for their future. Businesses get fast, easy access to funding to grow, create jobs, support local communities and drive the economy forward. We believe it’s better for everyone. Business owners and investors share a common thread. They’re forward thinkers. They’re determined. They stand up to make a difference and work hard to make it happen. That same thread runs through everyone at globalfin.io. It’s a shared mission that inspires us – we help you as you change the world. So whether you’re a business owner who aspires to more, or an investor who wants your money to go further, we believe in you. You’re the ones we built globalfin.io for. Before we touch a project we do a further evaluation to analysis the level of success or failure. If we determine an organization is going to experience a good future then we’ll recognize it as our source of funding. But if the level of success is far or unachievable we’ll find further actions to resolve it. We cannot assure that all projects can be handled easily as it may need additional innovative ideas to finish off. This situation can be hard for you as well as it can be a challenging task to us. However in such situation our closes partners would join us to make your financial plans clear and efficient. globalfin.io is one of the best-capitalised lending platforms in the world. We have raised approximately €10 Billion worth of Financial Instruments and project Funds since 2018 from some of the largest and most sophisticated investors and Banks around the world. Coin mining by traditional electric energy is difficult because of many problems. First is the power supply. Based on data collected from Eurostat, electricity price has increased by more than 10% in the last decade. So organizations and individuals who mine cryptocurrencies have been trying to reduce costs. Currently in the context of market conditions is no longer peaking as late of 2017, this has become more important than ever. Current mining cryptocurrencies using solar energy by installing solar panels to operate mining machines can reduce 30 ~ 75% of the cost of mining. Solar energy is giving hopes for small and medium bitcoin mining companies to face with the up and down conditions of the world cryptocurrency market. In recent studies of the use of renewable energy to mine bitcoins, they show that we can recover about 72% of the heat generated. Using alternative methods such as mini hydro, wind power, solar energy is cheap and easy to exploit but with a high initial investment. The new initiative is financed on the balance sheet (corporate financing) The new project is incorporated into a newly created economic entity, the SPV, and financed off-balance sheet (project financing) #1 Corporate Finance Alternative 1 means that the sponsors use all the assets and cash flows from the existing firm to guarantee additional credit provided by lenders. If the project is not successful, then all the remaining assets and cash flows can serve as a source of repayment for all the creditors (old and new) of the combined entity (existing firm plus new project). #2 Project Finance Alternative 2 means instead that the new project and the existing firm live two separate lives. If the project is not successful, project creditors have no (or very limited) claim on the sponsoring firm’s assets and cash flows. The existing shareholders then benefit from the separate incorporation of the new project into an SPV. The table below outlines important differences between the two types of financing that need to be taken into account. #1 Financing of long-term infrastructure, industrial projects, and public services Project finance is generally used in oil extraction, power production, and infrastructure sectors. These are the most appropriate sectors for developing this structured financing technique, as they have low technological risk, a reasonably predictable market, and the possibility of selling to a single buyer or a few large buyers based on multi-year contracts (e.g. take-or-pay contracts). #2 Non-recourse/limited recourse financial structure Project finance is the structured financing of a specific economic entity – a Special Purpose Vehicle (SPV) – created by the sponsors using equity or debt. The lender considers the cash flow generated from this entity as the major source of loan reimbursement. Hence, if the borrower has a debt default, the debt-issuer has the right to seize the assets of the said SPV. However, they do not have the right to any further assets that are not part of the SPV, even if the liquidating assets of the SPV are not sufficient to cover the value owed due to default. #3 Payment from cash flow generated by the project Cash flows generated by the SPV must be sufficient to cover payments for operating costs and to service the debt in terms of capital repayment and interest. Because the priority use of cash flow is to fund operating costs and to service the debt, only residual funds after the latter are covered can be used to pay dividends to sponsors undertaking the project. In brief, four types of sponsors are very often involved in such transactions: Industrial sponsors – They see the initiative as upstream and downstream integrated or in some way as linked to their core business Public sponsors – Central or local government, municipalities, and municipalized companies whose aims center on social welfare Contractor sponsors – Who develop, build, or run plants and are interested in participating in the initiative by providing equity and or subordinated debt Financial sponsors/investors – Invest with a motive to invest capital in high-profit deals. They have a high propensity for risk and seek a substantial return on investments globalfin.io is a company operating in the field of direct manufacturing and making profit through mining with solar energy to create profits for the company and pay stable capitals and interests for investors. No, you are not allowed to own more than one account. Please duly note that only one account is allowed per person. We have security settings that help us to prevent fraud and similar kind of situations. For security reasons, we do not allow users to change their e-mail after registration. If you would like to change your e-mail, please contact our support and we will change it for you. No, recommending yourself is deemed as a kind of cheating and extremely forbidden in our referral program. You will not get any commission or bonus by recommending yourself. Besides, we may suspend your accounts. Once you understand your capital needs, and whether or not you have the internal cash flow to meet all those needs, it could make sense to consider borrowing to cover any short-term gap. For example, retailers might borrow to fund seasonal inventory build up or businesses like landscape contractors might borrow to bridge from one season to the next. However, if you don’t have the cash flow to make the periodic payments for a short-term loan, it may not be the right approach—particularly if it throws your ratio into negative territory. Businesses that traditionally have seasonality in their capital requirements can (and should) plan ahead to anticipate those needs. In addition to your Accounts Receivable, there are several sources of capital to finance your working capital needs: Trade Credit: If you are on good credit terms and have a good relationship with your vendors and suppliers, it’s possible to negotiate payment terms to accommodate the seasonality of your business. Suppliers are often amenable to working with their best customers when they need to fund a large order to ramp up a new contract or bridge a short-term need for additional capital by extending payment terms. Of course, you’ll likely have greater success negotiating with a supplier if you’re currently on good payment terms with them. Factoring: This is a popular way to free up funds within the textile business because the manufacturing process can be long and the payment cycle might not be very quick. Basically, you’re selling your Accounts Receivable at a discount to have access to the capital now, rather than wait for the manufacturing and payment process. If you offer your regular customers payment terms and invoice for your goods or services, factoring could be a financing option for you. A Line of Credit: Lines of credit can be more difficult to qualify for than a short-term small business loan, but for those that qualify they offer the ability to access a credit line when you need it, pay interest on the amount of credit you use, pay off the balance, and use it again. Lines of credit are available from both traditional lenders like a bank or credit union, as well as online lenders like globalfin.io. A Short-Term Small Business Loan: A short-term business loan (think in terms of three to 12 months) could be a good option for financing a small business’ cash flow needs. Depending on your credit profile, the industry you’re in, and the overall health of your business, you could have more than one option available to your business—including a short-term small business loan. Published on Dec 13,2020 The definition of working capital your accountant would likely share with you is: Working Capital = Current Assets – Current Liabilities. It’s not enough to simply have cash in the bank at the end of the month. Your current assets are made up of cash in the bank, your current Accounts Receivable, and your inventory. Your liabilities are defined as your current Accounts Payable and any long-term payables (think small business loans, lines of credit, etc.) your business may have. If you divide the value of your current liabilities into your current assets, you’ll come up with a ratio of assets to liabilities—the goal should be to shoot for twice as many assets as you have liabilities (or a 2:1 Ratio). Anything below a 1:1 ratio is a giant red flag that you have negative working capital—even if you have cash in the bank at the end of the month. In terms of small businesses, it might make more sense to consider the formula in terms of the average number of days it takes your inventory to turn over, how quickly you need to pay for that inventory, and the average number of days it takes for your customers to pay you. If you’re customers don’t pay you quickly enough to meet your financial obligations to your suppliers (or your inventory sits on the shelf too long—tying up capital that could otherwise be used to increase revenue and profits), you will have trouble meeting your capital needs out of cash flow. In other words, staying on top of your average inventory turns is just as important as monitoring your Accounts Payable and Accounts Receivable to maintain a ratio of 1:1 or better—with the goal of 2:1. It’s not uncommon for businesses to struggle fueling their capital needs with Accounts Payable alone. Many businesses turn to financing to bridge the gap using a combination of net profits and borrowed funds to meet the shortfall. Nevertheless, any financing you use for this becomes a liability and needs to be included in your ratio, so if you’re not careful, you could negatively impact that metric by borrowing and make your business unprofitable. This may sound like a bunch of accounting mumbo-jumbo, but this is a very important ratio to understand. And, it’s fair to say that most businesses never attain the 2:1 ratio (but then again, roughly half of all the businesses that start today will be out of business within five years). Supporting evidence of the importance of this metric. Published on Dec 12,2020 Working capital finance is business finance designed to boost the working capital available to a business. It's often used for specific growth projects, such as taking on a bigger contract or investing in a new market. Different businesses use working capital finance for a variety of purposes, but the general idea is that using working capital finance frees up cash for growing the business which will be recouped in the short- to medium-term. There are many different types of lending that could be considered working capital finance. Some are explicitly designed to help working capital (whatever industry you’re in), while others are useful for specific sectors or requirements. It’s commonly defined as current assets minus current liabilities. Usually working capital is calculated based on cash, assets that can quickly be converted to cash (such as invoices from debtors), and expenses that will be due within a year. Liquid cashWorking capital is seen as ‘working’ because the business can use it — in other words, it’s not tied up in anything long-term. Whether you want to buy stock, invest in the business, or take on a big contract, all of these activities require working capital — cash that’s quickly accessible. On the other hand, if your business is profitable but has big bills to pay soon, your working capital situation could be worse than it might seem — or could even be negative. This is a business’ current assets divided by its current liabilities. It informs investors and others as to whether the company has the current means to meet its short-term obligations.2 and 2.0 is considered satisfactory. A working capital ratio of below 1 suggests potential cash problems. For instance, a very high working capital ratio could indicate that a business isn’t investing its surplus capital into its growth, but is instead missing opportunities by letting its cash and assets lay dormant. A business’ working capital can fluctuate - for instance, it may experience seasonal peaks and dips. Take a retail business for instance. It may need a lot of available cash to purchase inventory. A tech company, on the other hand, might not - especially if it operates remotely. There are many types of working capital financing available, and choosing the right product depends on your sector and circumstances, as well as what you're trying to achieve. To find out more about working capital financing, browse the related articles below or get in touch. Published on Dec 10,2020 Blockchain app marketplaces are attracting attention from major investment companies. An increasing number of blockchain app marketplaces, which gather blockchain-based decentralized applications (dapps) to help users download them at one sitting and provide usage data, are attracting funding from major investment companies. Considering the fact that mobile apps enjoyed a boom following the emergence of Apple’s App Store and Google Play Store, investors’ growing interest in dapp marketplaces is seen as a sign of a large-scale expansion of blockchain-based apps. globalfin.io and DappRadar, which provide information about dapps, are expanding their business after attracting investment from major investment firms, according to related industry sources on Sept. 16. In particular, they are expanding their business in the domestic market and increasing the number of users. globalfin.19 billion won) in globalfin.io with Singapore’s crypto fund Du Capital. globalfin.io is an app marketplace which distributes dapps that run on various blockchain platforms including Etherleum and EOS. Using unique algorithms, it offers dapp ranking services and releases a quarterly market analysis report. Hashed CEO Kim Seo-joon said, “Unlike traditional app stores, the blockchain app ecosystem needs a new marketplace which creates value through minimum platform fees, onchain-based objective data analysis, a fair ranking system and participation by the community. We have decided to take part in rapidly growing globalfin.io as a strategic investor.” DappRadar has a similar business model with globalfin.io.30 million (2.73 billion won) in investment from several investors, including Naspers Ventures located in South Africa. Naspers Ventures is a venture capital arm of Naspers, the largest shareholder of China’s global information and technology firm Tencent. In addition to Naspers Ventures, Blockchain.com Ventures and Angel Invest Berlin invested in DappRadar. DappRadar is a platform designed to monitor and analyze decentralized app data. It tracks around 2,500 dapp projects on seven blockchain platforms, including Ethereum, EOS, and TRON. The company aims to become the most sought out distribution channel when users look for dapps. With globalfin.io and DappRadar leading the dapp market, there is no such company in the sector in South Korea. Only Kakao is preparing for a service that distributes Klayton platform-based blockchain apps through its cryptocurrency wallet service “Klip” to be launched by the end of the fourth quarter. Published on Dec 07,2020.