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What’s Your Debt-to-Income Ratio and Why Do Lenders Care About It?

What’s Your Debt-to-Income Ratio and Why Do Lenders Care About It?

by ProcessCorp Web Team | Mar 17, 2022 | Uncategorized

Debt-to-income ratio (DTI) is a fundamental financial metric that provides lenders with a snapshot of your financial health. But what exactly is DTI? It is a numerical representation of your financial obligations relative to your income. Lenders consider it when you...
Why are houses becoming so much more expensive to build?

Why are houses becoming so much more expensive to build?

by ProcessCorp Web Team | Feb 10, 2022 | News

Construction costs just rose at the fastest annual pace since 2005. So why is it getting so expensive to build your own home? Today we’ll look at the materials that are becoming more expensive and why all homeowners should take note – not just renovators and builders....
How many SMEs find it difficult to repay business loans?

How many SMEs find it difficult to repay business loans?

by ProcessCorp Web Team | Dec 9, 2021 | News

Ever thought about taking out a loan for your business but hesitated because you were worried about meeting your repayments? Don’t worry, it’s a common concern. But some promising data has just come out that might help you put those fears aside. You gotta spend money...
Protecting Your Business and Customers from Scams

Protecting Your Business and Customers from Scams

by ProcessCorp Web Team | Nov 11, 2021 | News

In an increasingly digital world, scams have become a pervasive threat, targeting businesses and their valued customers. Technology advances along with scammers’ methods. It’s essential to recognize the importance of safeguarding your business and your...
Open banking is ramping up, so how are lenders using your data?

Open banking is ramping up, so how are lenders using your data?

by ProcessCorp Web Team | Nov 11, 2021 | News

Open banking is here and it’s charging full steam ahead. So just how are lenders and fintechs using your shared data in this brave, new, data-fuelled world? A new report has shed some interesting insights. With all that’s gone on over the past two years, one of the...
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Recent Posts

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  • The Entrepreneurial Dream: 3 Best Saving Strategies for Young Adults

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Initial Finance Group provides expert financial advice to both individuals and businesses. With over 20 years of experience, we’ll ensure that you’re always getting the best guidance from the top people in the entire industry.

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