All About Non-banking Financial Companies (nbfcs)

A non-banking financial company (NBFC) is defined as a company registered under the Companies Act, 1956 and indulges in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by the government or any local authority or other securities of marketable nature, leasing, hire-purchase, insurance business, and chit business. However, it does not include any institution whose principal business is that of agricultural activity, industrial activity, and sale/purchase/construction of immovable property. An NBFC basically does work similar to that of a bank without actually meeting the legal definition of a bank.

So, if NBFCs function in a way similar to a bank, then how are they any different? Heres a list of their different aspects:

(i) NBFCs cannot accept demand deposits, which are funds deposited at a depository institution that are payable on demand, much like your current or savings bank accounts.

Condominium Management Calgary

Condominium First Management Services Ltd is the best condominium management in Calgary

Manage property efficiently with Condominium First Management Services Ltd. With the reputation for being the best condominium management in Calgary the Company manages property expertly. Choose the Company favored in the community, the professionals of Condominium First Management Services Ltd., winner of the Consumers Choice Award for business excellence.

Industry leaders since 1974 Condominium First Management Services Ltd. have gained the experience that has led them to become the best condominium management in Calgary. The Company guarantees the highest level of client satisfaction with trained professionalism and personal service. A Business both family owned and operated they are a progressive Company with a large portfolio of Condominium Corporations. Property management services are provided with a Community Manager, Property Assistant and Property Accountant. As the best condominium management in Calgary they offer a comprehensive menu of management services so each client is assured the services that work best for them. Condominium First Management Services Ltd. is members of the Canadian Home Builders Association and the Real Estate Institute of Canada. Dedicated to superior business the Company takes pride in providing the maximum value to fit the management budget. The Company utilizes the latest in technology to engage clients and enhance their ability to provide the ultimate in service. With professional services provided for an unbeatable value Condominium First Management Services Ltd. has earned the Consumers Choice Award for providing the best condominium management in Calgary.

Commercial Property in Gurgaon a Booming Industry

Growth in the real estate sector of any nation indicates the growth of nation. In the same way growth of any nation is very much depends on the rising needs and demand of commercial property. Increasing growth in the commercial property indicates expansion and prosperity. Rapid growth in economy can be felt everywhere. Commercial property is real estate property that is used for business and it indicates any type of business in which the production of goods is not involved. One of the biggest business decisions you could make is whether to buy an office space or find a commercial property to let. For whatever purpose you are investing, it’s likely to be your largest asset and possibly your biggest expense. Increase in the number of small business houses, small industries, and self owned establishments is astounding in comparison to the last decade. This is pushing commercial property market and real estate India at top gear. Gurgaon being one of India’s more popular cities is considered as an important and successful commercial center. Those who aspire to make great amount of money can make investment in Affordable Commercial Property In Gurgaon. Nowadays real estate business has gained wide popularity. Therefore more and more people are keen to Buy Commercial Property In Gurgaon. Being a constantly evolving marketplace the commercial property market of Gurgaon is unpredictable. If you are looking forward for a long time investment then choosing a commercial property in Gurgaon is a good option.With the help of internet you can search several commercial property sites that show real estate listings. Thus you can update yourself by browsing the internet regularly. By visiting numerous websites you will be able to select the best available commercial properties. Several kinds of commercial property in Gurgaon such as restaurants, office building, commercial condo, warehouse facility, etc can be purchased. Moreover, purchasing your own commercial property allows you the flexibility of buying larger premises that you actually need. You can then let out the additional space and generate a rental income that you can put towards your monthly commercial mortgage repayments. Real estate investment is considered one of the safest investments in the world. Depending on your budget, you may buy an entire commercial building or just a single unit in it. Thus affordable commercial property in Gurgaon is something that would appeal to intelligent investors who are interested in a good, long-lasting income-producing asset.

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Unusual Ways To Use Postcards In Your Mortgage Business

Postcards can be more than an inexpensive way to “stay in touch” with your mortgage customers and prospects. This tiny billboard is actually a powerhouse of a marketing tool with almost unlimited uses.

Traditionally, we use postcards in our mortgage business to pass along holiday greetings, reminders, and general information that helps keep your name in front of your customers and prospects.

Let’s think outside of the box, harness this little dynamo, and you’ll find a surge of new mortgage marketing opportunities.