Lamna

[...] . Charles Mayerowitz, co-founder and director of Lamna joins me now in the studio. Welcome. Charles Meyerowitz: Thank you, nice to see you. Cara Skikne: Can you tell us about your clientele. Is it [...]

[...] 19 Jan 2014 p.17 My Brilliant Career Banking on a niche is all in a day’s work Charles Meyerowitz is the co-founder and CEO of lending company Lamna Financial. He tells Margaret Harris that [...]

[...] the individual or business to immediately access the value of the asset,” says Charles Meyerowitz, co-founder of Lamna. Meyerowitz says the process is confidential and efficient, offering a [...]

[...] the only one targeting the high earners. After close to two decades in the business world, Charles Meyerowitz (CEO of Lamna) realized how cash flow could be a problem as an entrepreneur. His business [...]

[...] (image links to video) Cara Skikne: Lamna is a new kind of lender. It gives out short term loans to higher net worth individuals, [...]

[...] committee will review your application before rejecting or granting it. This can all take time. Bank loans: when things get complicated You have a poor (or no) credit history Your chances of getting a [...]

[...] A worldwide movement away from traditional bank loans to alternative forms of financing is currently taking place. In fact, big banks may finally be [...]

[...] collections and luxury vehicles, such as the Aston Martins and Ferraris, as collateral for immediate access to cash. Although traditional baking is still the most important conduit for money, there is [...]

[...] collections, art collections, jewelry and not forgetting luxury vehicles as collateral for immediate access to cash. But Robert van der Merwe, director of Bank on Assets, doesn’t like the [...]

[...] the lending offered by lamna. With this type of short-term loan, you can gain fast, almost immediate access to funds in just a few simple steps. Other popular alternatives to bank loans for [...]

[...] flow problems? Charles Meyerowitz: It is mainly exactly that. Mainly, entrepreneurs who need immediate access to funding and they just can’t get it from the judicial banks or they have had an [...]

[...] isn’t an option, it’s vital to use a reputable financing company that complies with the National Credit Act. Unfortunately, South Africa has more than its fair share of untrustworthy or downright [...]

[...] Skikne: What are your interest rates like? Charles Meyerowitz: We charge in terms of the National Credit Act , we are slightly more expensive than the banks but, we are able to give access to funds [...]

[...] is repayable at the end of the agreed term. Interest is within the guidelines of the National Credit Act and depends on the size and nature of the asset. Once the interest and loan are [...]

[...] may also discriminate unfairly against you if your monthly income fluctuates. With an asset-based loan, the loan amount you’re offered depends purely on the assessed value of the asset you [...]

[...] a car, expensive jewellery or artwork, you may opt to get funding in the form of an asset-based loan. In this case, you don’t have to sell your assets. You also avoid having to interact [...]

[...] banks prefer to grant loans to individuals who already have accounts with them. How asset-based loans differ from bank loans The lender doesn’t need your credit history In the case of asset- [...]

[...] higher, there’s an upfront fee for securing the loan and so on. At this point, walk away. Asset-based loans: an alternative to loan sharks If you have valuable assets, such as a car, expensive [...]

[...] a delay in funding may mean losing out on a valuable opportunity. If you have valuable assets and your business needs a rapid injection of cash, contact a representative at lamna [...]

[...] in cash flow. Even businesses based on the best of models, with good growth potential and valuable assets, can fail fast due to sudden cash shortages. South African bank advertising might lead you to [...]

[...] . At this point, walk away. Asset-based loans: an alternative to loan sharks If you have valuable assets, such as a car, expensive jewellery or artwork, you may opt to get funding in the form [...]

[...] cash flow gaps is secured asset lending, like the lending offered by lamna. With this type of short-term loan, you can gain fast, almost immediate access to funds in just a few simple steps. Other [...]

[...] When you need a short-term loan and a bank loan isn’t an option, it’s vital to use a reputable financing company that [...]