Advantages And Disadvantages Of Online Gaming

More and more people are addicted to playing online games. With plenty of new and exciting games to choose from, people of all ages are now looking into great online games. Today, there are online gift cards you can purchase to buy the games you want to play. These cards can even be used to buy your favourite songs, movies, and TV shows. Experts shared some of the pros and cons of online gaming.

Advantages

You can try it before buying – Online gaming systems offer demos made for gamers so they can try playing that possible purchase as well as decide how much they would want prior to investing. Moreover, you can also buy games right then and there, without the need to rush out to the store.

Access to exclusive content – This one of the best reasons for choosing to play online games. You get to have access to the exclusive content for whatever it is that you are playing.

Communicate with other people – Online gaming will allow people to interact while playing, assisting people to maintain great relationships by communicating with family and friends all around the world. Certainly, this will be very helpful for gamers. Team building skills will be reinforced. Also, more tactical and strategic elements will be added to game-play. In turn, this can help increase your memory as well as develop lateral thinking.

Competitive – It allows you to compare your playing against different players. There will certainly be a feel good factor in knowing that you are a far better player than somebody else. Being aware that you are not against artificial intelligence will install more competitiveness. And since you are not always going to be the best, you will learn how to display good showmanship.

Disadvantages

System updates – If you are about to download the game you want or perhaps play online, there will be a time when a system update suddenly pops up and delay your game-time. You need to wait for it and then reboot.

Server issues or glitches – Glitches are viruses in game causing it to run irregularly. This is actually an issue with all game types; however, they are more common to online games. You may experience a series of server difficulties that are very frustrating for gamers.

Piracy – There has been incidences of breaching copyright laws, scandal, and letting users to pirate games illegally. And these situations have presented a big problem for the world of online gaming. In fact, the scandal caused plenty of controversies so there are some games that were shut down.

Posted in Uncategorized | Comments Off on Advantages And Disadvantages Of Online Gaming

Accounts Receivable Financing Verses Purchase Order Financing

Two types of alternative business financing that often get confused with one another are Accounts Receivable Financing and Purchase Order Financing. It’s understandable that they sometimes get confused, however, they are two very different types of alternative business financing that serve two very different purposes.

Accounts Receivable Financing is used when you have outstanding invoices on your aging report and want to access that cash now instead of waiting to be paid at a later date. NOTE: To qualify for Accounts Receivable Financing, your product or service must have been delivered and invoiced; otherwise there are no Accounts Receivable invoices to use as collateral.

The two types of Accounts Receivable Financing most commonly used are Asset Based Lending and Factoring:

Asset Based Lending – You can get traditional bank financing or alternative business financing in the form of asset based lending. If you qualify for bank financing, go that route first because the cost of capital will always be less than non-traditional asset based lending. You receive a line of credit from a bank or non-bank lender and use your accounts receivable invoices as collateral for the line. Each institution has different underwriting standards; however, the important thing to remember is that the strength of your company will still play a role in getting approved. It will be not be possible to get bank financing if your business is losing money because banks are very conservative…and rightly so; they’re not making much money on your line compared to non-traditional lenders. These non-traditional lenders will still have to qualify your company in the underwriting process (although less stringent) and have certain covenants tied to the line in order for it to stay open.
Factoring – This is a form of financing where a 3rd party purchases your accounts receivable invoices at a discount so you can receive working capital today instead of having to wait 30, 60 or 90 days to be paid. Factoring is more flexible that asset based lending in the sense that you’re qualified based on the strength of your clients, not your financial strength.

Purchase Order Financing, also known as PO Financing, is used when capital is needed to fulfill an order after receiving a PO. Smaller companies that start to receive larger orders can turn to this type of alternative financing to help sustain growth. PO Financing only makes sense when profit margins are large enough to offset the cost of capital. It can be costly; however, it’s still cheaper than equity.

So remember, Purchase Order Financing is used on the front end of a transaction and Accounts Receivable Financing is used on the back-end of a transaction. If your company needs financing for growth or survival, these two types of financing may be very helpful financing tools.

If you’d like to discuss your specific situation, please contact us [http://www.cdkcapital.com/contact-us].

Kevin McArdle is a Principal with CDK Capital, a boutique commercial finance firm that provides small to mid-size businesses alternative business financing strategies to help grow, improve cash flow & preserve capital. These strategies include Venture Capital Financing for technology companies, Accounts Receivable Financing for business experiencing cash flow problems, and Equipment Financing for buyers of capital equipment.

Posted in Uncategorized | Comments Off on Accounts Receivable Financing Verses Purchase Order Financing