Bank Lending Vs. Private Lending – Which Is Better?

If you’re planning on starting a business or purchasing a property, you may think that however you get the initial funding is fine. The reality is that there are very different rules based on the type of loan you get. Each brings something different to the table with its own different sets of strings attached. Here, we’ll go over some of the major differences that can be found between personal loans from bank lending as well as private lending money loans.

Bank Lending

Bank lending is, for many, the more officially recognized money lending option between the two. It is, as the name implies, financial capital issued out to businesses specifically by a bank or third-party finance medium. This capital is meant to handle long-term business projects or plans. These loans are set to a fixed period of time for repayment, with variable interest rates applied based on the nature of the loan.


  • Lower Interest Rates: The biggest draw for bank lending is the fact that the interest and repayment rates are generally much more manageable compared to many private lenders. This is because their initial cost of the funds is lower due to being federally backed.
  • Tax-Deductible Expenses: When paying the interest on a bank loan, the debt is paid off is tax-deductible so long as it is for business-related reasons.
  • More Secured Loan: While it may still feel somewhat predatory while amid repayment, bank loans are more secure and less likely to have tricks and “gotchas” laced in the fine print compared to private lenders.


  • Less Negotiating Power: A huge issue here is the fact that bank lenders either can’t or have no reason to work with you. Essentially, their rules are hard-lined, and if you don’t meet them exactly how the bank wants, you can’t get the loan. This can be problematic for most people.
  • Restrictive Regulations: Just the same, most banks cannot lend to small or new businesses due to their more restrictive regulatory practices.
  • Risk-Averse: Ultimately, bank loans are very risk-averse. As such, many will actively avoid supporting any business that is deemed too “high-risk” or too “low cash-flow”. Because of this, most small businesses won’t get much funding even if they otherwise meet all of the other requirements.

Private Lending

Private lending works similarly to bank lending with the one exception being that this is from money lenders in the private sector. Because they are privately owned, they are not forced to hold the same regulatory standards as banks. This can lead to some predatory lending but also some much more reasonable terms and acceptance options, as you can often negotiate your situation easier with a private lender than a bank.

A great example of a legitimate private lender is California Hard Money Direct. This is a Los Angeles hard money lender that offers reasonable rates with their clients as well as fast approval times.


  • Faster Approval Times: Provided you meet their respective requirements, getting approved can be surprisingly fast, especially if coming from bank lending, where you must go through weeks of pending approval for an answer. Here, it can be completed within two weeks.
  • Easier Approval Chances: The biggest leg-up private lending has over bank lenders is that their approval requirements are considerably easier to meet. In most cases, if your credit history is good enough, this can be all you need to get a loan.
  • More Easily Negotiable: While certain lenders have a predatory slant to them, these will often be much more ironclad in what is negotiable and what isn’t. Legitimate private lenders will generally have negotiable
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Understanding Artificial Disc Replacement

Spinal care is more important than many people nowadays may even realize. If you think a great deal about your spine, then you may be familiar with artificial disc replacement as a concept. Spinal discs are similar to many different parts of the body in that they’re vulnerable to fatigue with the passing of time. Injuries and repetitions are just two examples of things that can contribute to the tiring out of these otherwise sturdy discs. If you experience a substantial degree of degeneration, then it may make your vertebrae or discs move. Routine exercise sessions can often help this situation. The same thing applies to physical therapy. If you discover that your degeneration dilemma is particularly severe, then exercise and physical therapy may not be adequate. Surgery may actually be the superior pathway for you.

Doctors often determine that disc replacement surgery is optimal for people who have spinal disc troubles. Artificial disc replacement can be beneficial for individuals who wish to avoid spinal fusion operations. Spinal fusion involves connecting a pair of vertebrae as a means of eliminating disc pressure and keeping movement at bay. Although fusion can often help disc difficulties, people sometimes do not consider it ideal. This is partially why artificial disc replacement is becoming a force to be reckoned with all over the map. While spinal fusion previously was the standard, things may be changing rapidly.

The Advantages of Artificial Disc Replacement

Artificial discs are made to emulate spinal discs that function optimally. That’s how artificial disc replacement can lead to superior mobility. Although fusion operations restrict the movement of the spine, artificial disc replacement does nothing of the sort. It actually promotes flexibility and motion.

Artificial discs may offer longevity. They’re remarkably safe as well. The implantation process isn’t a risky one. The discs themselves are especially resilient and sturdy. Individuals who get artificial disc replacement do not have to think about disc breaking and having to get additional surgical procedures at later times.

Again, artificial discs promote the spine’s normal flexibility. That’s how they can better the functioning of different spinal discs. Fusion operations, on the other hand, can raise the pressure that nearby vertebral discs experience.

Osteopenia is a condition that’s characterized by low bone density. If you have it, your doctor may discuss artificial disc replacement and other treatment options with you.… Read the rest

Why Cremation Is Better Than Burial Services

Though there are a lot of factors that go into deciding what to do with your body or the body of your loved ones after they’ve passed, there is still a significant stigma against cremation services. While each person has the right to handle their respective family’s body however they choose, and more people are beginning to take cremation more seriously, it’s worth taking a serious look at the benefits offered by the service and why it’s objectively the better option, not just for you, but for everyone else as well.

Reason #1. It’s Cheaper

This, for many people, can be all the reason they need to look into cremation over funeral burials. This is because, while it may not look like it, burials are a very expensive procedure. It’s actually a bit insidious when you think about it.

Regardless, even if you factor in the full memorial services that one can expect to have with their funeral, there is virtually no comparison between cremation and burials. Most places can cost between $700 and $2,000 for everything while even the most basic of burial services will range between $5,000 and $10,000, with potentially much more included.

Certain crematoriums like Arlington Cremation Services ( offer incredibly reasonable rates as well as a number of different services, all starting around $800.

Reason #2. Greater Flexibility

After price, the next biggest benefit to cremation is the fact that it offers a greater degree of flexibility compared to burial services. In most instances, you expect the burial service to just be a burial service. On the other hand, if going through a cremation service, you can keep the ashes with you in an urn, keep them at a funeral site, release them as per the person’s wishes, use them as fertilizer for plants and trees, or even have them condensed down into a diamond. These are all an extensive variety of options that simply aren’t available to those buried. Not only are many of these options cheaper, but they can often result in a greater sense of emotional closure for all parties involved.

Reason #3. Environmental Benefits

One big area that is rarely touched on is the fact that burial services, while expensive, are also environmentally unsustainable. From the various embalming chemicals used, the different materials used to construct the caskets, the amount of fuel used to transport the casket to the burial site, and the different pieces of machinery used to dig up the site and lower the casket down, there is a tremendous amount of negative impact done to the planet.

Cremation not only is a relatively smaller impact on the environment, but if you opt to plant the ashes with sprawling trees, you are ultimately benefiting the planet as a whole, something that is much more immediate compared to the slow and arduous process done with burials due to the embalming procedures.… Read the rest

5 Tips for Finding the Best Real Estate Lawyer Los Angeles

Finding the right real estate lawyer is a big decision. After all, this is someone who will help you navigate the complex legal process of buying or selling a home.

The best real estate lawyers are skilled and experienced in helping their clients negotiate the tricky world of real estate law. They can also help protect you from legal issues that could arise during your transaction, like fraud or title defects. Here are tips for finding the best real estate lawyer Los Angeles.

1. Do a Background Check

Before hiring a real estate lawyer, you should do background checks on their background and experience. You can look up their website or call their office to ask about their legal experience and qualifications. You can also ask other clients and colleagues of theirs about their experiences with them. If they have any complaints, try to get more information before deciding whether or not to hire them as your lawyer.

2. Look at Reviews Online

Many lawyers have websites where they list their services and offer information about their experience and qualifications. Some also provide testimonials from clients who were satisfied with their work – although these should be taken with a grain of salt as anyone can post positive feedback about their favorite law firm online today! You can also check out review sites like Yelp or Avvo, where past clients have shared their opinions about various law firms in your area. This is a great way to get an idea of what other people think of the attorneys they used before deciding on one themselves.

3. Credentials

Any attorney practicing law in California must be licensed by the State Bar of California and belong to the American Bar Association. You can check for this information on their website or call them directly at 619-338-1100. In addition, you can also find out about their education and experience by searching for them on sites like Martindale Hubbell or FindLaw. You can also request a copy of their resume directly or from their website if they have one available online.

4. Experience

You should ask yourself what kind of experience you want as a real estate lawyer in Los Angeles? Are you looking for someone with extensive litigation experience or someone specializing in transactional matters? If so, then it would be best if you were able to narrow down your list first before making any inquiries with potential candidates, as this will make things easier for everyone involved as well as save time and effort on both sides of the equation, which is always a good thing when dealing with an attorney.

5. Fees

Ask what fees are involved in hiring an attorney before deciding on one person over another. Some lawyers charge flat rates while others charge by the hour, so you must know exactly what you’re getting into before signing anything official!

Final Word

Real estate law is an ever-changing field, with new laws and regulations being introduced yearly. Even if you are not a first-time home buyer, it’s important to ensure that your attorney is up to date on current real estate law to give you the best possible advice. This post has covered tips for finding the best real estate lawyer Los Angeles.… Read the rest

When Should You Get A Tax Attorney?

While it may be easy to not realize this, but not all attorneys are the same. A criminal, civil, business, and tax attorney, while all trained in the law, are all separately specialized in their own respective legal fields. This means that if you need help with your taxes, you need a tax attorney.

But what does “need help with taxes” mean? Yes, certainly filing with an attorney works, but there are other reasons as well to seek out a legal expert. Below, we’ll go over all the reasons why you’ll need legal representation as well as some viable options to consider based on your area.

Reason #1. When Starting A Business

One of the more obvious reasons that many people don’t actually think of, starting a business is not as simple as just saying so. There are a ton of tax and legal considerations that must be taken into account or else you can be on the hook for some serious amounts of money.

Reason #2. When Buying Or Selling A Business

Another big reason to bring in a tax attorney is when you are in the process of either buying or selling a business from or to someone. Tax attorneys are great as they help you understand what your options are so that you don’t have to pay a considerable amount of capital gains on your sold business or its later acquisition.

Reason #3. When You Have Back Taxes

Probably one of the biggest reasons to ever need a tax attorney, regardless of your business status. If you owe back taxes, a tax attorney can not only ensure you aren’t suffering or dealing with jail time, but can even potentially help work out an agreement to reduce the amount owed. Simply put, if you’re in the hole with the IRS, a tax attorney can be that single solitary lifeline to be your ultimate salvation.

Where To Find A Good Attorney

Though understanding what you need them for is important, it is even more important to understand where to find one. Just as there are a lot of attorneys out there that you don’t need, there are also tax attorneys out there that just aren’t good. You need to find a qualified expert in the field that knows how to handle your issue effectively and at a reasonable price.

An ideal example is the Dallo Law Group. This Orange County tax attorney firm is filled with skilled and expert legal attorneys that know how to tackle even some of the toughest and most difficult legal challenges pertaining to taxes.

To learn more, visit… Read the rest