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Credit Score Facts You Should Know on Axis Capital Group Business Funding Jakarta Review

Credit Score Facts You Should Know on Axis Capital Group Business Funding Jakarta Review | Axis Capital Group Business Funding |
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An excellent and solid FICO credit history can help you a lot. It can save you tens and thousands of dollars in mortgage interest and lower you auto premium insurance ( ) among many things.


However though, there are still a lot of mysteries clouding the credit world. Take time to review the following things Axis Capital Business Funding ( ), a direct source of business funding based in America, has prepared for you:



1. Equifax, TransUnion and Experian are the three major credit bureaus. Each of these tools tracks your information and how you use your credit. Based on the information, each credit bureau maintains FICO Credit Score for its consumer in its database. As a result, you have the credit reports from each bureau. The FICO credit score generated from each bureau and tends to vary significantly.



2. Not everybody has a credit history. If you have never applied for and used credit, you will not have a credit history in three main bureaus. Without a credit history, you would not have a FICO credit score. And yes, the same rules apply to credit ratings in developing cities like Singapore, Jakarta, Indonesia and Kuala Lumpur, Malaysia.



3. Many people have complaints that they cannot be approved of a loan ( ) because the result of their different is different from their scores. Take note: credit reports and scores are different. While your FICO credit score is generated based on information in your credit report, it’s important to understand the difference between the two. Your credit report shows your history of using credit, including the accounts you have (both opened and closed), your payment history, credit limits, and amounts owed. Your FICO credit score is generated based on this information, and generally ranges from a low of 300 to a high of 850.



4. This is one of the major confusion of individuals: Not all credit scores are FICO scores. The FICO credit score is not the only credit scoring formula available. Each of the three major credit bureaus, for example, has developed their own scoring models. And there are even multiple FICO score calculations. The key is that if you want access to your FICO credit score, make sure the service you use will provide your FICO score, and not a credit score based on some other formula.



5. Getting your report does not hurt your score: You can check your own credit report and score without affecting your FICO credit score. While inquiries by creditors with whom you have applied for credit can lower your score, checking your own score will have no effect on your credit file.

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Small Business Loans Options

Small Business Loans Options | Axis Capital Group Business Funding |

We are often confused between loan and debts. For common people, it may be the same. However, for businesses, it is completely different. See, when an individual want to set up a business and does not have enough money to finance it, he would ask for a loan. On the other hand, a debt is described as borrowing money for any other purposes. Besides, it makes it less embarrassing when you are tagged as someone having ample amounts of loan other than someone who has a lot of debts. 

Axis Capital Business Funding (, credit source for small business owners in the United States, had summarized solutions to assist entrepreneurs in acquiring financial assistance to start and maintain a business. This article is centered on loan options and what you need to qualify.

Before getting into the business proper, you should have already considered the following factors:

Time In Business
Personal Credit Scores
Business Revenues/profits
Collateral, if you have any to back up the loan

Generally, basic rule in business indicates that the longer you are in the business industry, the more you have collateral in possession and the lower your interest will be. However, this rule does not apply to all especially to start ups.

The financing option ( that can be open to you also depends on the urgency of need, the nature of the business, the location and on how you are going to be paid whether through invoices, credit cards, cash or any other means.

Loans are mostly backed up by banks and can allow you to loan between $5 thousand to $5 million. Certain qualifications, however, are required. Minimum business experience should be 2 years in the United States. This rule is stricter to that of developing cities Singapore, Hong Kong, Jakarta, Indonesia and Kuala Lumpur, Malaysia since bank rules follow stricter and detailed protocols. You may also need to create a detailed proposal and feasible report. The process may even last for weeks to month before approval since most bank conduct strenuous reviews, charges or complaints against you or any other loan records. 

Credit score is also a vital factor in bank loans. Your digits should not be less than 600. For independent loan companies, however, credit scores is a requirement but no exact cap is being implemented. You can also loan short-term assistance which can be paid back within 2-3 months and borrow up to $250,000. This is most suitable for owners with lower credit scores. 

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Axis Capital Business Finding Review: Realities of Business and Economics for Startups

Axis Capital Business Finding Review: Realities of Business and Economics for Startups | Axis Capital Group Business Funding |

Axis Capital Group Business Funding - When we are thinking of successful enterprises, the first thing that comes to mind is the big companies like Google, Nestle, Goodyear, Apple etcetera. We instantly inspire ourselves to follow their lead. What new entrepreneurs do not actually understand is that these companies have been in the industry for a long time, sometimes, experiencing more downfall than we could imagine.


We recognize the penetration of small businesses in today’s market but we are often unaware of the struggles they go through to integrate their service and products to follow the demands of the complicated customers. What these entrepreneurs often thought of as a smooth flow after surpassing pre-business stage to the first two years is a reality of continuous challenges and hindrances that should be defeated even in the long run.


Analysts estimate the time needed to create visible revenue would only be after five years. Some small business startups do not have the perseverance and resources to withstand for that long time. Those who manage can even barely get through and maintain.


It gets more challenging in developing countries where competition is fierce and the market is elusive. Most of the time, external forces affect economic sustainability of a business. The changes of government regulations, complaints and lawsuits, constant evolution of new technology and global recession can hit any startup companies.


Jake had just started his business of clothing retail in northern Jakarta in Indonesia when the recession hit the world in 2008. Moreover, clothing line and related business also started to boom, adding to the competition. With the expensive cost of branded clothing and the economic status affecting almost every household, customers tend to buy fraudulent designs from fly-by-night markets which also began increasing in Jakarta during that time. With a huge amount of debt and a family to feed, Jake had almost lost his mind. The imagination which he pictured would be perfect business stability with little challenges he could handle was like a bubble burst by the realities for startup companies.


Jake’s was only a small business using small capital. Imagine how it is for startups who invested big amount of money, loaned and in the expense of a house or a car. Since these challenges may seem severe, it is high time for new entrepreneurs to steel themselves for the inevitable potholes. Managing startup companies means not only managing expansion but also understanding how to manage downturns so as to increase the likelihood that the company will return to the growth path.


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Ways to Avoid Over Budgeting In Your Business

Axis Capital Business Funding Group in Jakarta Review - Jakarta, Indonesia - You have finally been granted a loan for your dream business. Having that ample amount of money gives you a lot of ideas and makes you plan exciting concepts. The opportunities are limitless.  The only problem is you don’t know where to start. You may deem yourself capable and expert when it comes to the nature of your business, the ins and outs in the market and what niche and audience to target but bookkeeping is something you are not trained for. The good thing is, you have already been able to estimate the cost and inclusions, the liabilities and possible profits. The only issue is to maintain the cash flow and regulate it, be able to pay off loans and still get a good ROI.


According to Axis Capital Business Funding, a credit loan source for small business owners in America, most businesses suffer bankruptcy because of improper handling of budget. As there are more pressure for start-ups and small companies, management administration is a big factor in determining the success of the business. Monthly statements come afterwards that is why some business owners have no idea that they have already spent more than what the budget provided for.


With the business up and running, you may already have the idea on the trend in your profit by reviewing the consistent operational system. For start-ups, the assumptions can be based on the trends through geographical location, average competition costs and revenues and ratio of the market to the local businesses.


Planning the budget ahead of its execution is to prevent over spending. Here are some of things you can do:


1.         Learn about the Industry standards


Although businesses are different in nature, they are still bound by some similarities. Do some research on local industries on similar fields. Ask around for the average revenue expected and their allocations on cost groupings. The information may give you a general idea and will be able to keep you up with expenses.


2.         Create a spreadsheet


Spreadsheets are oftentimes considered tedious. With the operation continuously running everyday, updating it can also be tiresome. Yet, having a spreadsheet for the expenditures and revenues can help you monitor the finances.


3.         Consider Cost Cutting


Some factors which contribute to over budgeting is allocating on projects when you shouldn’t be. Know what is not needed and cut it out. While doing this, expect to hear complaints and experience frustrations and prepare yourself for it.


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Axis Capital Group Business Funding Jakarta Review: Facts and Fiction in your Credit Scores

Axis Capital Group Business Funding Jakarta Review: Facts and Fiction in your Credit Scores | Axis Capital Group Business Funding |

Your credit score is a three-digit numerical representation of your credit-worthiness, or how likely you are to reliably pay back money you borrow. It may seem simple enough, but credit scores aren’t always intuitive. Even when you think you’re doing the right thing financially, you may be actually hurting your credit score.


When you are dealing with your credit scores and reports, make sure you bring an extra memory bank and understanding. Be cautious before bursting out any complaints. The things involved in it may be complicated. Also, try not to believe other people say about credit scores. Make sure you verify the information first.


Well, for a starter, here are some common fictions created about credit scores Axis Capital Business Funding( ), a direct source of credit loans for your business based in America and has now expanded to Jakarta, Indonesia, has prepared.


Fiction: The more money you make, the better your credit score will be.


Fact: Your income has nothing to do with your credit score. It’s not reported to the credit bureaus or listed on your credit report.


Fiction: Once you’ve paid a past-due debt, it will drop off of your credit report.


Fact: Late payments and other negative information remain on your credit report for seven years from the date of the initial late payment. Bankruptcies typically stick around for 10 years from the bankruptcy filing date. While that black mark may continue to soil your credit report, however, its effect on your credit score will lessen over time.


Fiction: Credit bureaus never make mistakes.


Fact: Now, this is one of the common misconceptions. Since credit reports generated by the three major credit-rating agencies are from a good system, many people do not review their credit report regularly. In truth, nearly 8 in 10 credit contain serious error or some sort of mistake, according to a survey by the U.S. Public Interest Research Groups. Because many errors can negatively impact your credit score, it’s important to check your credit report regularly and dispute any inaccuracies you find.


Fiction: Practicing a cash-only policy will help your credit score.


Fact: Having good credit is a function of having credit available to you and using it responsibly. If you don’t have or use credit, you may have no credit history at all and if you do, your credit score won’t be as good as someone who consistently demonstrates responsible use of credit over time.


For more reviews from Axis Capital Group Business Funding, visit our facebook page( ) and follow us on twitter @acgfunding( ).



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Axis Capital Group Business Funding Jakarta Review on S&P turns down call on Indonesia’s grade status upgrade

Axis Capital Group Business Funding Jakarta Review on S&P turns down call on Indonesia’s grade status upgrade | Axis Capital Group Business Funding |
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Standard and Poor’s (S&P’s), one of three biggest credit-rating agencies in the world along with Moody’s Investor Services and Fitch Ratings, surprised everyone when asked about the progress and upgrade ( ) of credit rating of Indonesia. S&P’s was questioned and representatives from the company insisted that it remains upbeat about reform progress in Indonesia, even after the local stocks and bonds market fell after the agency’s upward revision of its outlook for the country’s sovereign debt paper rating. It was an unexpected move as many analysts have been positive about the growth of investors in the country, especially in the development in the archipelago’s capital, Jakarta.

Axis Capital Business Funding ( ), one of the business lending companies ( ) in America which expanded their services to Indonesia, has expressed a great disappointment in S&P’s decision. Reviews show great displeasure by companies and individuals alike. Some even made threats of suing and complaints are expected to elevate if the agency will not revise their decisions.

S&P upgraded the outlook of Indonesian sovereign debt papers from “stable” to “positive” on May 22, but the announcement failed to reverse the sell-off of rupiah bonds, whose yields have risen by 15 basis points over the last two weeks to touch 8.13 percent as of May 29. Despite this, S&P expressed that they are still comfortable with the Indonesian economy. The agency’s analyst, Kyran Curry stated, “What is important for us under the new government is that Jokowi has shown that he could move decisively. We believe the government will continue to deliver” The “positive” rating outlook indicates that S&P is likely to perform a rating upgrade within six to 12 months.

A “stable” outlook signals little possibility for near-term rating changes while “negative” signals suggest likelihood for a rating downgrade. S&P currently rates the long-term sovereign credit rating in Indonesia as BB+, or one notch below investment grade status. The outlook revision came as Indonesia’s economic data releases fell short of most economists’ high expectations, with growth already falling to a six-year low of 4.7 percent in the first quarter, while inflation accelerated to 6.8 percent in April, versus the government’s target of 5 percent for the full year.

S&P cited “improved policy credibility” behind the outlook upgrade, but such a rationalization confounded analysts as Indonesia’s fiscal authority is currently grappling with an enlarging budget deficit due to the unrealistic tax targets, at the same time its monetary authority has recently backtracked from its earlier tight policy.
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Axis Capital Group Business Funding Jakarta Review on How to Boost your Credit Score

Axis Capital Group Business Funding Jakarta Review on How to Boost your Credit Score | Axis Capital Group Business Funding |
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Credit score is not an immediate result. Big names in credit scoring like FICO take into account years of past behavior, not just your present actions. In addition, you also have to be consistent to push your score in the right direction.


Here are some tips from Axis Capital Business Funding Group ( ), a credit source helping small business( ) owners for their loans in more than 10 states in United States in America, to help you improve your credit score:


1. Review your Credit Balance


One of the major factors in your credit score is how much revolving credit you have versus how much you're actually using. The smaller that percentage is, the better it is for your credit rating.


The optimum: 30 percent or lower. So pay down your balances and keep your balances low. A good example who consistently has their credit percentage low are people from Jakarta, Indonesia ( ) since they are not used to using Credit cards for their daily lives.

2. Eliminate 'nuisance balances'

“A good way to improve your score is to eliminate nuisance balances," says John Ulzheimer, a nationally recognized credit expert formerly of FICO and Equifax. Those are the small balances you have on a number of credit cards.


The reason this strategy can help your score: One of the items your score considers is just how many of your cards have balances, says Ulzheimer.


3. Leave (good) old debt on your report


Some people erroneously believe that old debt on their credit report is bad. The minute they get their home or car paid off, they're on the phone trying to get it removed from their credit report, he says.


Good debt -- debt that you've handled well and paid as agreed -- is good for your credit. The longer your history of good debt is, the better it is for your score.


4. Always pay bills on time


If you're planning a big purchase (like a home or a car), you might be scrambling to assemble one big chunk of cash.


While you're juggling bills, you don't want to start sending bills late and end up with a complaint and a trial. Even if you're sitting on a pile of savings, a drop in your score could scuttle that dream deal.


One of the biggest ingredients in a good credit score is simply month after month of plain-vanilla, on-time payments.


Saving money for a big purchase is smart. Just don't slight the regular bills -- or pay them late -- to do it.

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Axis Capital Group Business Funding Jakarta Review on Take a Step Higher

Axis Capital Group Business Funding Jakarta Review on Take a Step Higher | Axis Capital Group Business Funding |
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In our years in dealing with small business owners and startups, we have heard success stories on how our partners have improved in their years of operation. Axis Capital Group Business Funding ( ), a company which is based in Nebraska and now expands to Singapore and Jakarta, Indonesia ( ) has been a part of a growing industry which you are forced to push forward or fall behind. Whether you are a one-person operation or 100-employee company, you need improvement to maintain your stand in the ever competing world. Always remember that your business is either on an upward track or on its way down. Making improvements to make your business better ( ) is a conscious choice. Not only must you balance your time but choose the right area of business ( ) that will make the biggest impact.

1. Keep Score
It's amazing how few small businesses have any idea of the daily, weekly, and monthly numbers and financial trends in the organization. Spend the necessary time keeping current on cash flow and if you lack the financial skills then hire an accountant. Reviewing your financial status make it easier for you to track your liabilities and enhance your objective.

2. Set Goals
Like keeping score, setting goals and objectives is an essential part of business success.

3. Use High Impact Marketing
It's easy to waste money on ineffective marketing. Learn how to use low budget high impact marketing to improve your small business.

4. Master Business Presentations
A powerful business presentation can help improve your small business by leaps and bounds. Learning the essentials of a knockout business presentation can reap many rewards.

5. Monitor Trends
You have to keep an open eye of what is around you to stay on track. The events and changes in the global landscape have an effect on your business. Stay current on trends and issues.

6. Find Best Practices
Every industry has its own best practices or ways of doing things that are tried and true. Avoid wasting money and time reinventing the industry is generally a good approach unless you're set on building the next Goggle.

7. Motivate Staff
Talented and motivated staff members can bring on big improvements in business. Learn what motivates your employees to higher levels of performance. If not, you would be faced with a lot of complaints and resignation letters.

8. Know Your Limits
By knowing your entrepreneurial personality type, you can manage your resources and find help in areas of weakness.

9. Take a Break
Running a small business is hard work. Sometimes the best way to improve your business and re-ignite your passion is to take a vacation.

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Business Trends 2015

Business Trends 2015 | Axis Capital Group Business Funding |
We are halfway through the year 2015 but some business trends are still unseen. Let us take the time and review what business strategies have already been implemented and what things are still needed to change. This way, our team of marketers in Axis Capital Group ( ), a company lending financial assistance to small business owners in Nebraska and has now expanded to Singapore and Jakarta, Indonesia have based our succession of campaigns. You who are still starting with your own business can also create better strategies in the future. (Related topic:

1. Use Social Media Networks for Content Distribution

LinkedIn and other social networks has been fast developing and growing this decade. This year, LinkedIn is still expected to rise as one medium to distribute contents about your business.

As we all know, social media networks are good places for content distribution, but LinkedIn has several features that make the platform more versatile than Facebook, Twitter, and others for this purpose. If you still don’t have any LinkedIn account, you should start making one now to take full advantage of its features for your business.

2. Improve Social Media Integration

A study in Jakarta, Indonesia shows that one way people recognize brands is because of its frequency to be mentioned in social media. LinkedIn is not enough to boost your company, especially when you are still starting in the industry. As the virtual world is fast evolving, so should you. Adding social sharing options to websites, blogs and email messages can greatly increase than range and effectiveness of the campaign. Even when you don’t have any marketing team, you can make a social media account under the name of your company but make sure not to flood your accounts with irrelevant information or people may think of your as scam.

3. Preparing for New Technologies

Being in the business, you should review what’s new in your specific field. If there are new technologies you should invest into, you should think about it deeply. You would not want to make a bad impression to your potential customers if they happen to visit your office and find outdated equipment. Having advanced technology in your office will not only benefit your image but your productivity as well since your tasks will be easier and more convenient with new systems and data base integrated in advanced machineries and equipment.

By the end of 2015, a lot of people should be using wearable technology devices. Though it's hard to say how difficult it will be to market on wearable, this is something that marketers should keep an eye on.
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The Importance of Branding

The Importance of Branding | Axis Capital Group Business Funding |
Since you are still starting, you cannot expect so many people to patronize the products and services that you have and do immediately. Company branding is the most efficient way to show potential customers what your business is about. It is reflected visually via the logo and company design elements as well as through verbiage in marketing materials, slogans and informational copy. Even business companies like Axis Capital Group Business Funding ( ) which has already achieved unprecedented progress all over America and Jakarta, Indonesia ( ) take their branding seriously. What makes a brand different from the rest though?

1. Uniqueness

Set your company from others by showing it in your logo and branding. To do this, analyze what you do best and consider you target demographic. Use graphics and word choices that clearly reflect your business to your target audience, hence your brand. Use your branding to deliver clear messages.

2. Target Audience

Done correctly, your brand can assist you in getting a stronger foothold in your niche market. Your branding should also consider the target market that you have. Define your unique selling position and consider methods to communicate key messages to your desired audience. Use specific images or phrases to encourage the feel of inclusivity. Let them know the reason your company exists and how it can fulfill their needs. This can connect you to your target audience, engage them and motivate them to buy.

Review your target audience’s background. If they are from Saudi Arabia or Jakarta, Indonesia which are Muslim cities, you might as well consider putting HALAL logos in your products if you are into foods and drugs.

3. Emotional Connections

Set apart your branding by creating an emotional connection to your audience. Consider brand identification almost as important as religious preference and ethnic background when defining themselves online. The power of branding has successfully melded into that of personal identification and emotional connection. Just avoid complaints by having logo and tagline that shows discrimination and racism. The public is very sensitive about that.

4. Message Delivery

Having strong branding can evoke trust from your niche market. This can translate to your newsletters, emails and advertisements garnering a greater response, hence increasing sales. As people will already be vested in your brand, they will be confident that they will receive value for time spent reading your messages or researching your product.

5. Consistency

Focus on your long-term branding efforts to keep your business consistent. This consistency should transcend messages, product lines and audience appeal. It should enhance your business, adding depth to your company’s presence. This should allow you to grow and keep a loyal following. Your taglines should be able to get passed the changing and evolving world.
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Getting a Business Loan

Getting a Business Loan | Axis Capital Group Business Funding |
The world is starting to evolve and individuals are starting to get away from their own comfort zone to a more passionate job. How about you? Are you not tired of being somebody else’s employee? Do you plan to start your own bakeshop or small construction materials store? Are you thinking of the capital that you need in putting up your own business? Axis Capital Group Business Funding ( ) which helps small business operators all over the US and now expands to Jakarta, Indonesia is finding ways to offer you an easier loan to start your own passion.

1. Get your finances (and documentation) in order.

Typically, a business needs to have been profitable for the past three years in order to qualify for a bank or SBA loan. Since most lenders will look closely at your credit history prior to making a decision, keep an eye on your credit score and anything in your credit report that might be a red flag.

Remember, most banks will require that you personally guarantee the loan, but if you have sufficient collateral within your business to cover the loan principal, they shouldn't require a lien on your home. When you plan to go to a business lending company ( ) like ours, all we need from you is a proper documentation of things. Of course, we would want to trust you as you would also want to trust us to avoid misunderstanding and complaints in the end.

2. Tell your company's story.

One of the most basic errors made by loan applicants was not telling me why their company needs the money. And they wouldn't reveal why we should approve the loan even though their company doesn't meet our minimum standards. Is your industry experiencing growth? Are you scheduled to partner with a major retailer? What's your story? Fine-tune your business pitch to include your future prospects--not just highlight past successes. We would also like you to establish a good goal for yourself and your business so you may know where you are to be in the near future and get a specific goal. This will prevent you to be distracted and get scammed in the end.

3. Go local.

A national bank is less likely to hear you out if your business hasn't been profitable for the last three years. It is also likely that your company will be passed over if you are lacking sufficient collateral to secure a loan.

Since Axis Capital Group now reaches far and wide with our extended company in Jakarta, Indonesia, it would be easier for you to lend for the benefit of your business.
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Why Use Business Cards

Why Use Business Cards | Axis Capital Group Business Funding |

Nowadays, people have been investing to a lot of things to build up their brands and make their names known. Despite living in the digital world, traditional media is still being used. One of these most used medium is the business cards. Business card can also be critical to the development of your business. These little tools are still relevant in the meeting your own prospects and clients. Axis Capital Group Business Funding ( ), a credit source offering small companies loan options to business-people who operate existing enterprises in the United States and now expands to Asia with their office in Jakarta, Indonesia and Singapore has these factors that show the importance still of business cards:


1. Solid First Impression


Having a business card with your detailed contact information can build your credibility. The more details you put into it, the less chance you get involved in any fraudulent acts. You should include this in your self-introduction. Contacts always expect business cards and it is way better than finding a paper to write at every time you have want them to contact you.


2. Direct Marketing Tools


Sure you have a website for people to look you up whenever they are online but opportunities also come when you are face-to-face with your potential clients. Business cards can go wherever you go, making them an essential mobile marketing tool that can facilitate the process of establishing and maintaining new clients for future business opportunities. You never know when you’ll run into a potentially valuable prospect, so you should always be prepared. By keeping a stack of business cards on-hand, you’ll always be ready to market your business when the opportunity arises.

3. Build a Brand


A business card which is artistically designed can add an attraction to your company. Business cards are a simple way to establish your brand, which in turn makes your business more easily recognized. A successful card should contain your company’s logo, advertising slogan and necessary contact information, including a phone number, website address and email where you can be easily reached which the potential clients can reread and review. Remember that just because your business card is made from paper doesn’t mean it can’t also be tech savvy.


4. Budget-friendly


Compared to maintaining a website ( ), business cards are more affordable. As one of the medium of marketing, you can print these kind of marketing materials which can cost less than it costs to produce commercials or product samples. When the price is so low and can be easily fit into any business budget, why not always keep business cards on hand? A business card is an excellent way for a business to gain momentum with an attention-getting design.

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Axis Capital Group Business Funding now available in Jakarta

Axis Capital Group Business Funding is a direct capital source focusing in other options to small business financing, regardless of bad credit record or other problems conventional banks use to reject many loan applicants. We do not require individual guarantees of asset; meaning small business operators need not lose their property to banks. We also perform all our business on the phone and via e-mail; hence, we do not demand any appearance at a physical office, sparing you from travel time and documentations on paper. By doing away with constraining regulations and providing our funding on an uncollateralized terms, we lead in the industry as far as approval speed is concerned, and focus on quick returns in business funding for successful applicants.

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Axis Capital Business Funding Review, How to Avoid Debts

Axis Capital Business Funding Review, How to Avoid Debts | Axis Capital Group Business Funding |

Axis Capital Business Funding Review ( How to Avoid Debts

Jakarta, Indonesia - Being a small business owner is hard. The responsibility of keeping your company stable, managing your employees, and keeping up with your competitors are hard enough to tackle. Dealing with your customers is another thing and perhaps the most challenging. Since you are just a start up, clients are important since they can give either good or bad review about your company that can greatly impact your business. If you are still not experiencing some kind of issue with your customers, it is better for you be prepared than be sorry later on. To prevent being drowned in debts, you can review the following steps:

1. Verify Customer’s Information

It is always better to verify anything first before plunging into a business deal. Just because you are in need of customer, it does not mean that you are to grab every possible sale. You also have to see their capability to pay especially if your services and/or products are on installment basis. It is also best to keep tabs with businesses of the same field. This way, you are able to know if a certain customer is in a habit of making non- or late payments.

2. Put Everything in Black and White

Documenting everything is vital in every transaction in case worse comes to worst. With the verified information including your client’s identity and their compliance and agreement, you can be rest assured that you are covered by that single piece of paper in case complaints would pour in or if needed for proof of fraud.

3. Draw up terms and conditions

Aside from the agreement in a written paper, you also have to have a foundation of your business regulations through a policy. These terms and conditions should be transparent to both parties. Any alterations, adjustments or changes can be done after the client have known and have been educated of the rule of the trade. 

4. Keep open any communication

Any changes and alterations after the agreement and terms and conditions have been signed should be known by both parties. Or in case of unpaid charges, it may be that the customer had just forgotten. It is your right to follow up on them and their responsibility to give you active contact information.

5. Have a Plan B

Many businesses experience customers who – for one reason or another – may have delayed payments. You could consider putting the customer’s credit facility on hold preventing any further credit sales until the account is cleared or find any other alternative to resolve the issue. 

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How to Find a New Business to Invest In

How to Find a New Business to Invest In | Axis Capital Group Business Funding |

Startup investing can be challenging in a way if you do not know which business to venture into. A lot of individuals have been carelessly getting into businesses when any opportunity shows only to realize in the end that they have been scammed. 

We all have that same fear within us. Getting into a business and risking ample amount of money, time and effort is not something one can easily get into and get out of once it fails. There are millions of businesses worldwide and with each- not counting the fraudulent ones- we do not know which would succeed. Yet, as many experts and professionals say, risks are and will always be a part of entrepreneurial life. Any investment, if pursued diligently, doubles a capital. Although challenging, many investors have been able to surpass.

Axis Capital Business Funding (, one of the leading sources of credit loan for small business ( owners across the United States has the privilege to interview some of the most successful business owners and investors for some tips on how to find the most suitable business to invest into:

Explore in a Familiar Ground

If you are just starting to invest, it is best to put your bet into something which is already comfortable to you. This way, you can reduce the risk since you are already wading into a familiar wave. The ins and outs that you know of the business can provide you with a good projection on what to expect and assuring your venture. 

Research and Review the Legitimacy of the Company

Before showing up at the door and offering them your ideas and willingness to invest, make sure you know the real nature of the business, the number of years of operation and the people behind it. As quoted from a finance investor in Jakarta, Indonesia, “investing is like going into a boxing match. You have to know things about your opponent: learn their moves and know how to knock them down”. Although investment is not a bloody fight just like boxing is and the company is not an opponent but more of an opportunity, being informed and educated about them can be very beneficial.

Examine the way of the market

It is absolutely critical to see what competition the startup has and what kind of competitive advantage they have been able to put in place in order to beat everyone else in the race. The competition could acquire the startup instead of cloning their work, so investigating the appetite in the market could be beneficial.

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How to Plan a Business Event for Small Business Owners

How to Plan a Business Event for Small Business Owners | Axis Capital Group Business Funding |

54 small business owners attended the 3rd BtoB Convention held by Axis Capital Business Funding ( last September 15, 2015 at the Grand Indonesia Hotel, Jakarta. 

At the end of the seminar, Kara Parker, event specialist, shared how she was approached by a young man in his early 20s who introduced himself as Kajar Serman, a small upcylcing business owner in North Jakarta. Kajar, as Kara later learned had been pursuing his unique passion for recycling unused stuff and making them into a whole new usable material since his college days. Now that he has already graduated, he is already able to loan small amount of capital from Axis and have rented a small shop in Kota. Later on, he was also able to get a small stand in Plaza Indonesia mall, a few blocks away from their house. He says that the business had been growing and managing it is a great challenge but like many small business owners, he is already happy with what he has achieved. He later confessed that he thought of holding a small event for small business owners like himself and is attending the convention to learn how to do it. 

Just like Kajar, small business owners also dream of holding their own seminars and conventions. Not only does this expand your network but it is also a great source of new ideas and business strategies from competitors and other industries. It also comes with a few challenges.

Small business owners, compared to large businesses, have lower assurance of attendees and are operating in a tight budget. Yet, there are some ways to address these issues such as the following:

Know your objective

Have a concrete idea on the theme of your event and pattern your program on it. You have to have a specific idea on the possible overall outcome that you are targeting to keep you on the right track. Review all the probable topics related to the nature of your business and focus on the most impacting one. 

Discuss the Budget

The planning of your event, no matter how grand it is, cannot be achieved if you are under budget. It also does not make any sense if you spend before you accounting all your expenses. It is important to keep the project on budget or you’ll end up with more complaints than gain. 

Schedule the Event

Find some time which is mostly convenient for your guests. Pick a date which is not a busy one for your attendees. Research is the key
Be Confident

You are the expert in your business and treat the audience as students who need to learn from you. 

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Axis Capital Group Business Funding Jakarta Review: Credit Card Fraud

Axis Capital Group Business Funding Jakarta Review: Credit Card Fraud | Axis Capital Group Business Funding |
The Average American Has This Credit Score. How Do You Compare? As lessons learned during the Great Recession become more distant, consumers are increasingly…
Alex Perez's insight:

Fraudsters are so advanced nowadays that they may be considered geniuses in their field, a true perception on what extent human beings can achieve in every nooks and crannies of today’s generation of advanced technology. Even those little cards that are considered one of the most important things in a person’s wallet can also be hacked.

Credit card frauds exist in every continent and are most rampant in developing nations. Because of the lack of policy implementation and lose punishment system by the authorities, scammers are hard to catch, sometimes, even doing their illegal practices in clear sight. These operations are known in the suburbs of Jakarta, Indonesia, Bangkok, Thailand and Cambodia; places which have the highest report of fraud for years.

Axis Capital Group Business Funding( ), a credit source for small business owners operating in America has listed some of the common types of credit card( ) related fraud as a warning to individuals to be cautious:

1. Application Fraud

The thieves will first steal is victims’ pertinent information before applying for a new credit card. Although banks try to safeguard themselves from this sort of fraud by requiring original substantiating documents, telephoning employers and so on, criminals have been known to forge documents and even give false telephone numbers.

2. Manual or Electronic Credit Card Imprints

Data from a legitimate card is imprinted or the magnetic strip is skimmed. The information from the card is then later used for fraudulent transactions or for encoding fake cards.

3. Lost and stolen card fraud

This is perhaps the most common type and occurs when your card is physically stolen or lost and then used by a criminal, posing as you, to make unauthorized charges on your account.

4. Fake Cards

Producing fake cards takes a lot of time, effort and skill. There are many security features particularly difficult to reproduce, for example, holograms.

A fake card with fake numbers and a fake name is forged and used for transactions. The card is not linked to any real account and the credit card company is not liable to pay for the transactions as there is no user information.

5. Card-not-present Fraud (Fraudulent Use of Card Details)

This crime involves using fraudulently obtained card details to make a purchase, usually over the telephone or on the Internet. A card, in a physical form, is not needed. Usually the details are taken from discarded receipts or copied down without the cardholder’s knowledge. As with counterfeit fraud, the legitimate cardholder may not be aware of the fraud until a statement is received.

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Axis Capital Group Business Funding Jakarta Review: How to Get Your Free Credit Report

Axis Capital Group Business Funding Jakarta Review: How to Get Your Free Credit Report | Axis Capital Group Business Funding |

To get a good deal of loan nowadays, a good credit score is needed. The only way to know your credit score is to check your credit report.

Not only will reviewing your credit report help you get an idea of what your credit score may be (you do have to pay for your actual credit score), it will also allow you to confirm that all the information is correct. One small mistake on your credit report could seriously affect your credit score and potentially cause your rates to skyrocket.



Axis Capital Business Funding Group ( ), a capital source of loans for small businesses ( ) in over 10 states in America has listed ways on how you get your free credit report.



There is only one place to get your free, federally mandated credit reports, also called an “educational credit report,” which this is You are allowed a free credit report from the three major consumer reporting agencies in the U.S.: Experian, Equifax and TransUnion.


A warning is also set for business owners ( ) for a lot of advertisers and commercials who offers “free credit report”. Be aware that these companies will give you a free credit report and/or credit score initially, but they will also most likely also ask for your credit card number. If you don’t cancel within a certain time, they’ll charge you for membership.



Checking your credit report is called a soft inquiry, and you can check your credit as much as you want without it negatively affecting your credit score.



Keep in mind that while you’re entitled to a free credit report, you will have to pay for your FICO score, which is the most common credit score. You can go to FICO’s Web site, and your score will probably cost around $40. A situation in which you may want to buy your credit score is when you’re shopping for loans. Your credit score can affect your rate, so knowing your score from each agency may help you decide who will give you the best rate when you borrow money.



These credit scores are only available in some states in Asia and the websites may differ when your business is located in other developing countries. Cities like Singapore, Jakarta, Indonesia and Beijing, China have their own local credit scoring and you may inquire from your business lending company for information.

Above all, it’s important to use credit responsibly. A good credit history and credit score can be the difference between being able to purchase a home, buy a car, or pay for college. Proactively managing your credit report is a great way to stay in control of your finances, and ultimately achieve your goals.

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Axis Capital Group Business Funding Jakarta Review, What is A Credit Score?

Axis Capital Group Business Funding Jakarta Review, What is A Credit Score? | Axis Capital Group Business Funding |
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More than three quarters of Americans live in credit. Your credit score can mean the difference between being denied or approved for credit, and a low or high interest rate. But many nationalities and migrants are not that aware of it. Here is how Axis Capital Business Funding ( ), a credit source offering small companies loans for their business in over 10 states in America explains what credit score really is.


What It Is


Your credit score is a three- digit number generated by a mathematical algorithm using information in your credit report. It's designed to predict risk, specifically, the likelihood that you will become seriously delinquent on your credit obligations in the 24 months after scoring.




There are a multitude of credit-scoring models in existence, but there's one that dominates the market: the FICO credit score. According to, the consumer website for the FICO score developer, "90 percent of all financial institutions ( ) in the U.S. use FICO scores in their decision-making process."


FICO scores range from 300 to 850, where a higher number indicates lower risk. There are also other existing online systems but mostly, if you encounter a site which asks you to pay, it may be a scam.


Cities like Singapore and Jakarta, Indonesia is now currently developing a new system similar to FICO to trace local credit scores and information. However, patronage remains to be a big problem as these cities are rarely using their credits.




Payment history: (35 percent) -- Your account payment information, including any delinquencies and public records.

Amounts owed: (30 percent) -- How much you owe on your accounts. The amount of available credit you're using on revolving accounts is heavily weighted.


Length of credit history: (15 percent) -- How long ago you opened accounts and time since account activity.


Types of credit used: (10 percent) -- The mix of accounts you have, such as revolving and installment.


New credit: (10 percent) -- Your pursuit of new credit, including credit inquiries and number of recently opened accounts.


Personal or demographic information such as age, race, address, marital status, income and employment don't affect the score.


Different score impact for same missteps


How much does a specific change affect a credit score? The answer is usually "it depends," and for good reason. Credit score developers don't reveal the exact point deductions. The weight of any given activity can also vary for different credit histories. You might want to review ( ) all your spending and the way you handle your credit card to get a high credit scoring.

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Axis Capital Group Business Funding Jakarta Review: Credit Scoring in Different Countries

Axis Capital Group Business Funding Jakarta Review: Credit Scoring in Different Countries | Axis Capital Group Business Funding |
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Credit score isn’t like the existing sports scoring nowadays. As the 2016 Rio de Janeiro Olympics near, many of us will be rooting to our favorite sports and team members bearing each of our nations’ flags. But talking about credit score, which country do you think have the highest credit reporting system ( ) aside from America?


According to Axis Capital Business Funding Group review ( ), a credit source for small business owners operating in over ten states in America, many countries in public and private credit reporting agencies exist and were often initially created to help monitor risk in banking sector. Privacy laws often prevent those registries from sharing information with private credit reporting agencies.




Germany's system is "quite comprehensive" though the information reported predominantly comes from banks. Their major reporting agency is SCHUFA. Thanks to recent regulatory changes, Germans can have late payments deleted from their credit files as long as the original amount was less than 2000 Euros and the bill was paid within six weeks. Germans can request free copies of their credit report once a year.




Positive information is not reported on consumer credit reports ( ) in Australia. The government doesn’t allow it. But they are trying to at least report balances. Reviews say that lenders are only relying on applicants to truthfully report balances on other accounts.

South Africa

South Africa has a robust credit reporting system, much like in the UK, with Experian, TransUnion and Compuscan as the main credit reporting agencies. But the rest of Africa generally has very poor or non-existent coverage, and changing that is a daunting challenge.


Malaysia, Singapore, Hong Kong, Jakarta, Indonesia


Much to the surprise of many, Asia has leapfrogged the U.S. and the UK in terms of technology and more comprehensive database. In those countries, they have combined consumer credit reporting and commercial credit reporting ( )which is specifically valuable for SMEs (small and medium enterprises) trying to get access to credit.




China has a public registry originally developed by the People's Bank of China. It has been very difficult for the private credit bureaus to establish themselves in a country where there is no legislation to protect themselves. Those who live in Japan, however, had better maintain a good reputation and relationship with their banker. Consumer credit is underutilized, and credit data is vertically siloed. Some credit is even made in a name’s basis.

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Out Compete Big Dudes ~ Axis Capital Group Business Funding

Out Compete Big Dudes ~ Axis Capital Group Business Funding | Axis Capital Group Business Funding |
I know what you are thinking. Since you are just a small company starting out on your own, you cannot expect to push the big and more experienced people in the industry. You have to take things slow and make your way to the top step by step. But do you know how to do it? Do you have plans on doing it? Axis Capital Group Business Funding ( ), a company based in Nebraska and now has expanded to Singapore and Jakarta, Indonesia with an aim to offer entrepreneurs like you to fund your business has these tips for you to review and consider: (Related issue:

1. Personal Brand.

This is an easy one if done right but imagine the importance of this. People appreciate Coca-cola and Pepsi far above other sodas since these two already have established their brand in the market. Your brand should speak for what you are. Be bold and daring. This is mostly the characteristics a good branding should have that people patronize. And also remember that you shouldn’t copy someone else’s branding. People can see through it. You do not want people to see you as scam or fraud.

2. Passion.

Follow Your Dreams! We all know passion can ignite emotion and results. Small business leaders have the advantage that they probably started their business because of a passion or an enormous opportunity they saw in the market that is not being solved for. Regardless, the chances are high there is something about the opportunity and business model that is exciting them.

Tapping into passion is key to staying motivated. Where larger brands are filled with executives that may be burned out, most small businesses are filled with founders whose heads and hearts want to burst with excitement.

3. Innovation.

Because you have passion and because you can tap into agility, you have a perfect mix to better innovate. It doesn’t require an intense board meeting to kickoff an idea for further research. You can simply plan it and do it.

Innovate quick and smart. Don’t sit on your ideas for too long. Leverage your agility to truly innovate faster than your competition, even the big brands!

4. Service.

Small business can have an immediate leg up on competition with service. You can leverage your personal brand, personal relationships and human touch to make your customers feel special.

Be sure to set proper expectations. Don’t be pushed into quick time frames for deliverables that you know you can’t meet just to close a deal.
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Business Advice for Startups and Small Business Owners

Business Advice for Startups and Small Business Owners | Axis Capital Group Business Funding |
When you enter a business, you enter a venture where learning never stops, new opportunities always rise and new competitions always enter the scene. Whatever the size of the business does not matter when it comes to new knowledge, yet somehow, being a startup and a small business owner has its own disadvantages obviously. Take us, for example. Axis Capital Group ( ), a credit source offering small companies loan options located in Nebraska and now expands to Singapore and Jakarta, Indonesia ( ) has had tough times. Even when we are starting, we compete with large credit companies with big names in the industry. We set ourselves apart from others through traditional methods which up until now has been very helpful in how we do our ways.

1. Define yourself and your business’ culture

Authenticity is key – be yourself. You cannot keep your business when you act all fraudulent about things. This frame of mind is essential in helping define your business’ culture. This can also be one of the factors in leading and setting the tone for your employees.

2. Keep track of your Long Term Goal

At the outset of your new venture, you will likely spend all of your time with your nose to the grindstone, which can make it tough to see the big picture. While getting through daily operations matters, you should never lose sight of your long-term goal. When it comes to this, think big. Sure, you may have a sense of where you want to go in a two- or three-year plan, but think longer term.

3. A journal can be helpful

It may be very hectic to run a small business firsthand and adding another task to the unending to-do list is typically an added stress. Nevertheless, take time to write down things you have done during the day. It may help you build a concrete outline of your thoughts and priorities.

4. Take a Leap and a little Risk

Review what you have already achieved and what is left to achieve. In order for you to expand your business, you have to take a leap and look into the risk involved without putting those involved in jeopardy. Empower your employees to do the same. Let them make decisions and grow the business, and good results will follow. It will likely help foster your business’ culture and your reputation as a leader as well.
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Small Ways in Funding Your Small Business ~ Axis Capital Group Business Funding

Small Ways in Funding Your Small Business ~ Axis Capital Group Business Funding | Axis Capital Group Business Funding |
A lot of small businesses nowadays are struggling to keep up with the fast pace of industrialization and modernization. In order to compete, you have to be more creative and think of out-of-box thinking. Small businesses have traditionally been the key driver for economic recovery when it comes to hiring, but hiring requires capital, and capital can be hard to come by. In order for you to find solutions for your unending financial needs, Axis Capital Group Business Funding ( ), which has serviced the United States and now expands to Jakarta, Indonesia, has prepared ways for you to get started with your small business:

• Do it yourself.

Most entrepreneurs and small business owners these days have come to the realization that they will have to self-fund (also known as “boot-strapping”) their projects for a significant amount of time until more formal funding opportunities become realistic. Before starting a business, of course, business owners should already have this outlook that you have to spend for your own somehow. If you believe in your vision and have an absolute refusal to accept failure as an option, you should feel comfortable investing you own money into the business. In turn, this will make potential investors more comfortable knowing you have skin in the game.

• Friends, family, and fools.

Review who are closest to you. Those closest to you are more likely than anyone to believe not only in your vision, but your ability to make that vision a reality. One downside of course is that you are potentially risking personal relationships should the business fail and your agreement not be structured properly. Juts borrow enough money which you can’t afford to set up your website and such so as not to burn any bridges around you. You might be faced with tons of complaints even before you are starting.

• Small business loans.

Yes, this do exists and we happen to be in this business. We are in fact extending even in Asia including Jakarta, Indonesia, Singapore and Hong Kong. Since banks are stricter and harder to deal with, lenders like us ( ) came into being. Another reason to pursue debt financing is that you aren’t giving away a piece of your business.

Regardless of which path you take, chances are that you may do all of these at some point as your business grows. At the end of the day, you have a business to run and none of these matters unless it has your full attention. So find a viable funding solution that also allows you to maintain operations and focus on profitability.
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Challenges that Young Entrepreneurs Face

Challenges that Young Entrepreneurs Face | Axis Capital Group Business Funding |
In our present times, the population gets younger and younger. New college graduates range from 18-22 years old nowadays. We awe at young entrepreneurs who gets successful in their field. However though, no matter how persevered the generation nowadays is, we cannot expect each and everyone to succeed. Young people have more roadblocks along the way despite having bigger opportunities. The following are only some of the challenges Axis Capital Group Business Funding ( ), a direct source of business funding based in the US and Jakarta, Indonesia ( ) has listed that young people faces:

1. Stereotyping

Being young is often tagged with terms such as “lazy”, “irrational”, “irresponsible”, “unorganized” and naive”. There will always be a good chance that you will be doing business with people who are older than you are and incorporate you with the stereotyping terms. To overcome this, show that you are professional and treat anyone that you interact with like you would want to be treated if you called a company. Soon they will see that you mean business and treat you like an adult.

2. Educational responsibilities

Of course, since you are still young, going to college is a big plus in business. You have to juggle your business venture with school work, something that can be a very rigorous load. In running a business through college you should learn to block off hours for the duties that absolutely had to get done. One friend of mine who started his business in Jakarta, Indonesia and also studied college there told us how he has to answer clients between classes and act all professional but when his teacher caught him, he should be back to his usual self again. In the long run, this struggle to juggle college and business is worth it because the real world experience will set you far ahead of your colleagues.

3. Criticisms

Because you are young and already own your own business, some people will feel threatened by your ingenuity and success. They may feel the need to doubt your abilities and let you know how hard it is to run a successful business. You may face a lot of complaints from your competitors. All your moves will be reviewed and observed. Always listen to advice but also be weary of those just trying to bring you down. Many people may assume that you will never end up making enough money to make it full time – go ahead and show them otherwise.
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Do You Have What It Takes to Be an Entrepreneur?

Do You Have What It Takes to Be an Entrepreneur? | Axis Capital Group Business Funding |
Anyone who has the perseverance and determination to start a business can be an entrepreneur. This is what Axis Capital Group Business Funding ( ), a credit source offering loans to small businesses and startup in the United States and is now servicing Singapore and Jakarta, Indonesia believes in.

In their book, Start Your Own Business, the staff of Entrepreneur Media, Inc. guides you through the critical steps to starting a business, then supports you in surviving the first three years as a business owner. In this edited excerpt, the authors offer some tips to help you determine if being a business owner is a smart move for you.

To fully understand the scope and limitations you have, you have to first accept both of your strengths and weaknesses. It can be possible that a person possesses all the qualities needed to be successful but it is very rare for these cases to occur. You need to evaluate the major achievements in your personal and professional life and skills to accomplish them. The following may help you determine your potential:

1. Create a Personal Resume

List all your experiences and expertise. Review them and for each experience, describe the duties you were responsible for and the degree of your success. Include professional skills, educational background, hobbies, and accomplishments that required expertise or special knowledge. When it's complete, this resume will give you a better idea of the kind of business that best suits your interests and experience.

2. Analyze your personal attributes

No one knows who you are better than you do. Are you open-minded? Are you friendly? Are you well-organized? Evaluating your personal attributes reveals your likes and dislikes as well as strengths and weaknesses. If you don’t feel comfortable around other people, then a business that requires a lot of customer interaction might not be right for you. Or you may want to hire a “people person” to handle customer service.

3. Analyze your professional attributes

Some business ( ) owners are jack-of-all-trades, master of none. You do not have to be expert of all industries; you can just focus on one. Just be aware of the areas where you’re competent and the areas where you need help, such as sales, marketing, advertising and administration. Next to each function, record your competency level—excellent, good, fair, or poor.

Define your Goals

What is your goal? How can you best approach it using all the strengths and weakness you have or the capabilities you see you can offer? Almost all business owners and start-ups, even scams and fraudulent ones, dream of expanding and growing their business. What can you do in putting yours in the edge? For some people, the goal is the freedom to do what they want when they want, without anyone telling them otherwise. For others, the goal is financial security.
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