Rowan Webb
Rowan Webb answered

Firstly, to define what medium term is - it's a period less than 10 years but longer than the immediate few months (i.e. 1-2 years). This in itself should help to define what kind of finance schemes we are talking about. Things that would come into mind are loans for cars and perhaps other appliances … Read more

Rowan Webb
Rowan Webb answered GODWIN ALADA's question

Financing is normally assets or capital which is supplied by someone other than the owners or stake-holders of the business. Capital in itself can just be the collection of assets or cash that is used to build a business or start an initiative - and can come from anyone and anywhere. Having to approach someone … Read more

Rowan Webb
Rowan Webb answered

Semi-direct means when a borrower creates a loan agreement with a lender through a middleman. There are many examples - a loan consultant for financing for cars, or a mortgage consultant for house loans when you are on the market for a new property. Basically as long as there is someone who helps you to … Read more

Rowan Webb
Rowan Webb answered

It's really just a fancy way with how your company's balance sheets change during the day and do not normally require the intervention of negotiations with your regular finance providers. The internet provides a lot of definitions for this, but you would basically need to understand that spontaneous financing just means that when the values … Read more

Rowan Webb
Rowan Webb answered Brandon's question

I have been thinking about the answer for that crossword for the longest time! And you'd think that after years of experience in the car finance and automotive industry, I would know better! In any case, if you're looking for the answer on how a car works, I suggest that you get onto YouTube and … Read more

Rowan Webb
Rowan Webb answered

There are certain cars which are specifically built to be better tuned to particular types of fuel. That's why some cars are specifically called diesel cars. I mean if you're going to buy a car that's a hybrid, you're going to have to learn how to manage the balance of the 2 different energy sources. … Read more

Rowan Webb
Rowan Webb answered

Financing itself is a form of leveraging, so if you've properly planned the returns on your investment, then long term finance is a very good strategy to help maximise your potential gains while leaving your base assets free for investment elsewhere. The whole entire point of doing this is to increase the opportunity for putting … Read more

Rowan Webb
Rowan Webb commented on Ancient Hippy's answer
I have always wanted to ride in a Delorean! If possible, I would want to travel back and forth to the future and the past in the car too! OK, maybe I'll stick to riding in a Delorean for now. Let's leave the future and past for the movies.
Rowan Webb
Rowan Webb answered

I think that @phil newton has the most comprehensive answer to this. But basically when you're considering the length of your loan, you have to take into consideration how the payment amount will be affected. Longer tenures generally equate to smaller payments but you end up paying higher interest over time.

Rowan Webb
Rowan Webb answered

When you're trying to decide on the tenure for your loan, the factors that will affect your decision is your budget - and your ability to service the loan. Clearly if you're nearing retirement, you'll need a shorter tenure but longer tenures will help you to make the monthly payments more manageable because you pay … Read more

Rowan Webb
Rowan Webb answered

When it comes to purchasing car insurance, you obviously have to be of a legal driving age. Most of the time, car insurance is pegged to the owner of the car with options to add other drivers of the car to the contract. After a certain age, normally around 60, car insurance companies require the … Read more

Rowan Webb
Rowan Webb answered Steve Walker's question

I am really sorry to hear about this and I hope that you managed to find some rectification and recompense to your finances mate. Besides the DMV, I would also suggest going to the authorities and providing whatever proof you have, report it as a scam at the very least.

Rowan Webb
Rowan Webb answered Holly Ramires' question

If a vehicle, be it a car or an airplane, were to travel towards the direction of the wind, it will definitely move at a much faster speed which might lead to an accident. Hence, the notion to travel against the direction of the wind is to have greater control of the said vehicle to … Read more