Handle Your Business

When you have to apply for a commercial mortgage loan, you will find out that the process is vastly different from applying for a residential mortgage loan. The main difference lies in the fact that commercial mortgage loans, unlike the majority of the residential mortgages are not ultimately backed by any government organization such as Fannie Mae and Freddie Mac. As a result of this, it is seen that most commercial mortgage lenders are averse to risk and thereby charge a higher rate of interest as compared to home loan. Some lenders can even go further and scrutinize the business as well as the commercial property of the borrower which will be used to collateralize the loan. Thus you should have different expectations when you are applying for a commercial loan than what you would have had for a loan secured by your primary residence.

One of the main considerations when taking out a commercial mortgage is how you would be able to meet the repayment terms. Read full post…

GRAND RAPIDS, Mich. — Republican presidential candidate Mitt Romney is wooing tea partyers in his home state of Michigan with a potentially risky strategy, blasting the auto industry bailout that many people credit with saving the states most vital industry.

The tactic seems designed to undermine Rick Santorums popularity with conservatives who dislike government intervention in business.

Santorums fast rise in national polls has forced Romney to sharpen his criticisms of the former Pennsylvania senator.

A Romney loss in Michigans Feb. 28 primary would be hugely embarrassing. His father was a top auto executive and three-term Michigan governor.

From “We Are the World” to Neil Young’s annual Bridge School Benefit, rock stars have long used all-star collaborations to benefit charity. Now, the tech world is trying the same plan, following the galvanizing effect of a protest against congressional legislation targeting Internet piracy.

Hoping to refresh the energy unleashed in Silicon Valley earlier this month fighting the Stop Online Piracy Act and the Protect Intellectual Property Act, Hunter Walk, director of product management at Google (GOOG), and Eric Ries, author of the “lean startup” methodology and a popular blogger, are collaborating to incorporate the work of some of the most prominent tech writers into a digital book.

Titled “Uncensored,” the book has attracted some big names in tech. Those contributing blog posts to the e-book include Flickr founder Caterina Fake, New York venture capitalist Fred Wilson, technologist and venture capital blogger Brad Feld, online social researcher danah boyd, blogger and venture capitalist MG Siegler, angel investor Tim Ferriss, and tech thinker and publisher Tim O’Reilly.

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SAN JOSE, CA, January 24, 2012 /24-7PressRelease/ — Echola Systems’ SPDU-108L, a new 8-socket/outlet desktop smart power distribution unit , also known as Remote Power Switch, which was showcased at INTEROP in Las Vegas , is now available for order online.

SPDU-108L is the only PDU currently available in the market with comprehensive socket level remote energy management in the Desktop/Wall-mount form factor. It targets users of small businesses, home offices, and educational institutions who want to seriously reduce the energy consumption cost of their IT equipment. Significant cost savings can be achieved using its advanced socket level energy monitoring combined with its intelligent remote power switching .

Users can configure, monitor, and control the PDU through user-friendly Web interface. The Web interface provides socket level, real-time updates on Power , Energy, True RMS Current, Phase Angle, Power Factor and Voltage, Frequency, and Temperature. Read full post…

Green Acres Nursery & Supply is accepting applications for employees to staff a new store in Folsom.

The store at 205 Serpa Way in Folsom joins locations in Sacramento and Roseville and is set to open in mid-February, a Green Acres representative said.

Green Acres is seeking employees across the store, including nursery and landscape sales, cashiers and receiving. A job event will be held at the Folsom store site from 10 a.m. to 3 p.m. Thursday and Friday, at which candidates can submit applications and sit for on-site interviews.

For information and to apply online, go to www.idiggreenacres. com and select “employment opportunities in Folsom.” Email applications to greenacres @idiggreenacres.com.

LOS ANGELES (AP) — AT&T Inc. will pay TiVo Inc. at least $215 million through June 2018, becoming the latest TV signal provider to settle a patent lawsuit involving the digital video recorder pioneer.

Per subscriber, this payout will be much larger than a similar $500 million settlement TiVo reached in May with satellite TV company Dish Network Corp. and its set-top box provider, EchoStar Corp.

Dish had about 13.9 million subscribers at the end of September, while AT&Ts U-verse had just 3.6 million. That makes AT&Ts settlement worth at least $59.72 per subscriber, while Dishs cost $35.97 per subscriber.

TiVo CEO Tom Rogers said the bigger settlement resulted in part from the fact that AT&T heavily marketed its digital video recorders as a key difference between itself and bigger cable TV providers.

From the get-go, their offering was primarily based on DVR, Rogers said. He added that TiVo is pursuing another similar case against Verizon over its FiOS service. H

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