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You Had a Great Year….And Now The Tax Bill To Prove It!

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You had a great year! But paying taxes is one of the consequences of making money. A large tax bill can be a true measure of success, however it can also be very difficult to plan for. With April 15th just around the corner, Eliasson Capital can help.

You are successful, intelligent and diligent, so you know you have options. Your best option is Eliasson Capital. We are discreet, easy to do business with and quick. Unlike a traditional bank loan, Eliasson does not require an extensive, invasive application process. You can have the money to pay your tax bill in as little as 24 hours. And, because of our low rates, you can borrow $25,000 for as little as $500 per month.

Your success deserves to be rewarded! Let Eliasson keep you on a successful path so you do not have to divert your resources from your pleasures just to pay Uncle Sam. Plan your vacation, join the country club, rent the summer house…you earned it! We’re just here to help.

FRONT LOADING YOUR RETIREMENT PLAN CONTRIBUTION

For most professionals, like physicians or dentists who fund their retirement through a 401(k), profit sharing or defined benefit plan, the earlier in the year you contribute to your retirement the greater chance you have to benefit from additional months of compounded tax-deferred growth.

It’s a question of lump sum investing versus dollar cost averaging and in most years, lump sum investing wins. Under ideal circumstances, lump sum investing works well if you can buy into the market at the point of the year when stocks are the cheapest. The problem is that we can’t know when that’s going to be. The market goes up in the long term, so in theory at least, the earlier you get into the market the better. And of course, you want to take advantage of both tax deferral and of compounding of investment returns as early in the calendar year as possible.

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Historically, the stock market performs best during the 6-month stretch from November to April. If you dollar cost average the majority of your contributions are missing out on what are typically the best months of the year. Contributing as early in the year as possible better positions your portfolio to capture these market gains.

Investors who can’t come up with the cash to front-load their contribution might consider a loan from Eliasson Capital. Using the proceeds of a loan to front-load your yearly contribution and then paying the loan off over the course of the year will allow investors to participate in market returns early and still receive the full tax deferral advantages of investing in a qualified retirement account.

Asset Based Loans During Tax Season

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Tax season is here so what are you supposed to do if you find yourself with a hefty tax bill? Liquidity is important for both businesses and individual and for those who have their wealth tied up there are options that are less expensive and more private than a loan.

 

For individuals personal Asset Lending allows you to use assets like cars, equipment, and jewelry to get working capital for your business. Loans against art and other valuables can also be used as collateral.

You can unlock the hidden potential of items such as

  • High End Sports Cars
  • Luxury Watches
  • Fine Art
  • Fine Jewelry

Qualifying for a collateral based financing program is easier than qualifying for a bank loan or line of credit. If you have an asset or object of value you can borrow against it. It’s that simple.

All transactions are private, secure and will not affect your credit.

Your valuables are kept in a climate controlled location in a secure facility that utilizes some of the most advanced security technology available. Once the loan is paid off your assets will be returned to you. Most small businesses do not have extra assets or equipment just laying around. In cases like that a merchant cash advance can be a beneficial and flexible option to obtain working capital needed to grow.

 

For businesses, a merchant cash advance, more commonly referred to as an MCA can help you come up with money for the tax man quickly. An MCA is simply a purchase of future credit card sales.

More flexible than a bank loan,  an MCA is based on percentages of sales allowing leeway during a time when sales are low.

Merchant Cash Advances are also easier to come by than a bank loan. The application process is much shorter and a business can have their money in as little as twenty four hours.

 

How Much is Your Jewelry Worth?

 

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There are many times when we come across old jewelry, whether it is inherited from grandma or just a cool find at a yard sale. Not all antique jewelry is treated the same. While some costume jewelry pieces may be worth as much, if not more than some of their fine jewelry counter parts, fine jewelry retains the value of the metal and stones they are made of. So how does one determine if a piece of jewelry is worth a small fortune or should go into the junk drawer? Here is a handy guide for yourself.

 

Look for hallmarks

One of the first things you can do when you find acquire a new piece of jewelry is to look for hallmarks. One hallmark will generally tell us the metal content of a piece, and the other (if there is another) will tell us either the country of origin, designer or manufacturer. There are so many different hallmarks, but the fact that your jewelry has a hallmark at all is usually a good sign. These markings are usually located on the clasp of a necklace, the inside of a ring or bracelet, or the post of an earring. Unless the item is over 100 years old or the hallmark has worn off, all fine jewelry should have some type of hallmark.

Some Hallmarks to Look Out For

Common gold hallmarks

  • 18K
  • 14K
  • 10K
  • 750
  • 585
  • 375

Common platinum hallmarks

  • 950
  • PLATINUM
  • PLAT

Common silver hallmarks

  •  925
  • Silver
  • 800
  • Sterling

Some valuable fine jewelry hallmarks include: Tiffany & Co, Cartier, Tacori. Any of these hallmarks should be appraised for authenticity. Common costume jewelry hallmarks include: Sarah Coventry, AVON, & Trifari. These hallmarks indicate your jewelry is a piece of costume jewelry and is not very valuable. If your item looks antique and it doesn’t have a hallmark, get the item appraised. If your item looks new but does not have any hallmarks at all, your item is likely just costume jewelry.

 

Check the items weight

When determining the value of chains, the longer and heavier your gold or platinum jewelry is, generally the more valuable it is.  This goes double for chains and bangles. Gold and silver are heavier metals than their fake counterparts like brass and pewter. If you find a thicker gold chain that feels much lighter than a similar gold chain you have, the chain is likely fake or hollow gold. Fake chains feel fake. Solid gold jewelry is very smooth, heavy, and consistent throughout so if you have a gold colored chain that has a darker color or even a silvery color showing through on parts that see heavy wear, this is likely a gold plated chain and not very valuable. When solid gold or platinum jewelry wears down, the part showing through should still be the same color.

 

Step 3: Inspect the prongs

Some higher quality costume jewelry uses prongs just like in fine jewelry, but a lot of the stones are glued into place. If you have a cameo brooch that looks like it is glued into the setting with no prongs holding it in, this is likely costume jewelry and not valuable. Fine jewelry will be very finely crafted with each stone set in an intricate bezel or prong setting, with pearls being one of the only exceptions.

Don’t be so quick to throw away costume jewelry however, some vintage costume jewelry that has a lot of brilliant stones all set with prongs can be very valuable. These pieces can sometimes be as valuable as pieces of fine jewelry. It is important to be sure the piece is vintage, in good shape, and has a lot of brightly colored clean stones all set with prongs.

If you have fine jewelry lying around in a drawer or jewelry box, you can unlock its value and get the cash you can use for your next ski trip or on an amazing Christmas your kids will talk about for years to come. Call Eliasson Capital at 1 (516) 282-7900 for an appraisal today.

Your patients are expecting more, but how are you going to fund it?

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Going to the dentist used to be a strictly medical procedure. Whether it be for preventative maintenance, or to address a cavity, tooth damage, or the need for root canal, most dentists offered the same array of services. Now, though, the dental industry is growing and evolving at an extremely rapid pace, and so are the demands of the patients.

Dental patients have come to expect a more spa-like environment in their chosen dental office. They want more esthetic services, and a more modern look and feel for the experience. Even dental marketing has become more demanding, as a web savvy audience comes to expect slick advertising for every service, including dentistry.

According to the National Health Expenditures (http://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/Downloads/Proj2011PDF.pdf) report released in 2012, dental spending by consumers is projected to increase at an average annual rate of 5% through 2021. In addition, a Dental Economics survey released in November 2012 indicates that patient volumes are finally reaching their prerecession numbers. In order to capture this market share, stay ahead of customer demand, and remain competitive in their neighborhoods, dental offices must invest in certain upgrades, inventory, new equipment, digital technology, or marketing campaigns.

But how is a high volume, but often cash-poor industry to pay for all of these upgrades and improvements?

According to DentistryIQ.com, “One of the best alternative finance options for dental offices is in the form of an unsecured loan or merchant cash advance (MCA). This type of financing offers businesses a lump sum payment in exchange for a share of future credit card sales. An MCA is a quick and flexible financing option that can provide solid businesses with necessary capital in a matter of days, not months like traditional lenders. Also, while banks require approximately five years in business, most MCAs will provide financing to businesses in operation for just one year.”

Eliasson Capital has a specific MCA program created specifically for dentists.

Eliasson Capital’s Merchant Cash Advances for Dentists program provides you with the cash you need immediately and the flexibility choose how you pay back the loan.

You may choose to extend your payments over time, for more liquidity, or pay the advance back early, to save on interest. The choice is yours, and their experience in the Dental industry means they know your business almost as well as you do.

When you’re ready to take your practice to the next level, rather than going through the traditional long processing times and high interest, consider utilizing an Eliasson Capital Merchant Cash Advance, and start attracting more customers today!

Asset Based Loans

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Asset-based lending, once considered a last-resort finance option, has become a popular choice for companies that don’t have the credit ratings, track record or patience to pursue more traditional capital sources.

Because asset-based lenders focus on collateral, rather than credit-worthiness, they do deals that more traditional lenders shy away from. Borrowers put up equipment, inventory, accounts-receivable and other liquid assets in exchange for the money.

Asset-based loans can be a much-needed source of capital for companies that are rapidly growing, highly leveraged, in the midst of a turnaround or undercapitalized. Sometimes a company simply needs that infusion of cash to get over a financial hump or to keep growing.

These type of loans are especially well-suited for manufacturers, distributors and service companies with a leveraged balance sheet whose seasonal needs and industry cycles often hamper their cash flow. Asset-based loans can also be used to finance acquisitions.

Many small businesses that seek asset-backed loans are distressed companies, or have spotty or short track records.  Asset-based loans can be a much-needed source of capital for companies that are in the midst of a turnaround or expanding   faster than they can keep up. Sometimes a company simply needs that infusion of cash to get over a financial hump or prevent growth from stalling out.

Personal Asset Loans Offer Safe Options for Obtaining Quick Liquidity

 

Asset based loans through Eliasson is fast and easy
asset based loans through Eliasson Capital is fast and easy

 

Eliasson Capital offers a convenient, and straightforward way to access working capital via personal asset loans.

People who do business with Eliasson Capital realize that they have tremendous value locked in many of their personal assets.  We give them an opportunity to unlock this value and take advantage of opportunities, lifestyle enhancements (country club dues, vacation rentals, special occasions), or simply working capital for their small business.

Eliasson Capital makes it possible for high net worth individuals to leverage luxury items like cars, fine art, jewelry and designer watches as collateral for a low interest loan in a fraction of the time it takes to process a formal bank loan, with absolute privacy.

Eliasson Capital keeps collateral in their state of the art, secure storage facility while the loan is being settled, whether it’s a Patek watch, Picasso or Ferrari.

 

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