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We are pleased to present below all posts tagged with 'lending'. If you still can't find what you are looking for, try using the search box.
As you prepare to start college this fall, to say you’ve got a lot on your plate would be a massive understatement. Course registration, housing, meal plans and much, much more. While these are all important issues, we’d be remiss if we didn’t ask one critical question: How are your money management skills?
Starting a business may seem like a daunting task at first with all the different types of expenses and funding one might need to get moving. Typically as a business begins, it will need to consult a financial institution at some point to better position it for future growth. Let’s talk about some of business startups’ most common needs and how Rhinebeck Bank serves those needs on a daily basis.
Are you interested in buying a home in the coming months? Check out our latest blog post for some great Fall homebuying tips!
Having Merchant Services allows your business to accept customer debit and credit card payments (including Visa®, MasterCard®, American Express®, etc) at point of sale transactions. With debit and credit cards being a major spending preference among customers today, there are several benefits to consider:
My husband and I recently started looking for a home. It’s a great learning experience whether you’re buying a first home or a new home!
There are many reasons why a business, whether old or new, may need to borrow. They may need liquid cash to make it through seasonally slow periods, or they may be getting so much business that they need to purchase extra inventory in order to keep up with demand. They may want to relocate, or purchase a second location.
Forty Under 40 Mover and Shaker awards are presented each year to a select group of individuals who have demonstrated both significant community involvement and business excellence. Forty awards may seem like a lot, but so many distinguished professionals from the area are nominated by their colleagues each year, that being selected as one of the final honorees is a great accomplishment. This year I had the honor of receiving one of these awards.
Are you looking to buy a car? Are you getting confused by all of the shorthand vocabulary being thrown around, and all the fine print? You aren’t alone.
I often answer questions about many of these tricky details so I thought maybe it was a good time to spell things out.
We are often asked about GAP insurance: what is it, what does it cover, do I need it? GAP insurance is a product that covers you for the difference between what your insurance company may pay the bank in the event of a total loss and the balance you owe the bank on a car loan. For example, if you owe the bank $20,000.00 and you total your car, if the insurance company pays $17,000.00 based on the retail value of your car, you are “upside down” by $3,000.00. Even if you pay your deductible of $500.00, you still need to pay $2,500.00 for the deficiency or the “GAP” between what the insurance company has agreed to pay and what you owe. Scenarios like this are quite common these days and in many cases, we see deficiency amounts much higher due to people financing for longer terms, as well as the depreciation of vehicles, etc.
These days there are so many avenues to buy products online, but what about a car? In this era, shopping online for a car is becoming commonplace. You can easily scan through numerous options without having to drive around to multiple dealerships looking for what you need. There is even an assortment of websites that cater to online car sales. If you decide to shop online for your next ride, be sure you still check out your final selection in person. You can buy a car online but unlike a pair of shoes, you can’t return it if it doesn’t “fit.” Generally speaking, a car is one item that once you have purchased it, you’re stuck with it.
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