North Finance has been on the market since 2001. North Finance addressed at Lymasol Cyprus; however, North Finance registered at Belize. Like two sides of coin, this forex broker has two different sides, bad and good side. North Finance’s good side is competitive spread, easy new account opening, small minimal capital, easy deposit and withdrawal operation, interesting leverage, free Meta trader trading platform, good customer support, bank guarantee, swap free policy, IB business opportunity, trading varieties. North Finance is not good at news matter, no news tab in this broker’s Meta trader, and busy server at news release.

In this forex broker, the spread is quite interesting; begin from 2 up to 10 pips in the news time and no commission. It is very easy to begin trading in North Finance, you can open account within 10 minutes from all over the world through the internet. The minimum capital to start forex trading in North Finance is $100; moreover, no minimal deposit and withdrawal at this forex broker, you also do not have to pay charge in deposit and withdrawal operation in North Finance. This forex broker accepts deposit via wire and electronic payment (e-gold). Credit leverage in this forex broker is very attractive, especially for low capital trader; begin from 1:1 up to 1:500.

This forex broker use Meta trader, instant execution and quotation system with eleven different languages. However, regrettably, North Finance’s Meta trader does not support news that is one of important factor in forex trading. North Finance also support mobile trading; you can download Meta trader mobile freely at this forex broker. North Finance is very good in customer support; you can access customer support 24 hours 5 business days lively on North Finance live chat.

Furthermore, this forex broker’s customer supports is very friendly and helpful. Not only good in customer support, this forex broker is also good in deposit and withdrawal operation time via e-gold. Deposit and withdrawal operation in this forex broker is very fast, almost finished in only five minutes. If you deposit $5000 or more at North Finance, you get free Visa Electron card that you can use to withdraw or shopping in any places in the world that have Visa Electron logo. You don’t have to worry putting your money at this forex broker; your deposit above $100,000 is bank guarantees. However, you have to becareful when trading in North Finance at big news is released, this forex broker’s server frequently very busy during big news time. North Finance has the good policy for Moslem trader; swap free for Moslem trader in this forex broker. This forex broker offers excellent opportunity to join a profitable business with them as IB (internet broker). North Finance has had IB forex brokers in more than twenty different countries, some of them are at Russia, China, Malaysia, South Africa, etc. In North Finance, you not only can trade forex, you also can trade CFD on futures, stocks, metals.

In conclusion, North Finance can be very considered as a good forex broker. This forex broker can be one of good choice when you decide to start forex trading.

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Purchase Order Finance summary:

Availability of funds. You get the funds necessary to execute the order and thereby honor your commitment. Your cash flow improves dramatically.

Various facilities. Many finance companies provide a receivables funding facility, which is linked to the purchase order finance facility. Funds are usually provided by making direct payments to your supplier, or by issuing a letter of credit, or by providing a supplier guarantee.

Direct payments to suppliers. Your suppliers are paid directly by the finance company. Typically up to 80% of the confirmed purchase cost can be paid. The remaining 20% minus the fees of the finance company are paid when your customer pays your invoice.

Issuing a Letter of Credit. Based on the provisions and governed by the rules of the International Chamber of Commerce, finance companies or Banks back the commitment of payment to the supplier by issuing a Letter of Credit.

Supplier Guarantee. Leading financial companies provide a commitment of payment to suppliers. This supplier guarantee is grounded in the availability of funds generated from the accounts receivables facility.

Single or Multiple transactions can be made. Once you deliver the goods, which are accepted by your customer, and proof thereof has been obtained, then typically up to 85% of the amount of the invoice can be advanced to you immediately. This funding can facilitate the execution of other transactions. Thus multiple transactions can be made with confidence.

Local reach. The buyer or the supplier may be located anywhere in the United States of America. For local purchase order finance, some finance companies give up to 80% of the amount of the PO order.

Global reach. Leading finance companies have a global reach and they can also fund overseas purchase orders. For overseas PO financing, usually a Letter of Credit is opened. The PO finance is generally obtained from the funds that are generated from the financing of the accounts receivables.

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Do you have clients that take 30 or more days to pay their invoices? Or, if you are a distributor, do you have clients that have placed large orders, depleting your capital resources? There are two trade finance tools that can help you in these instances. The first tool is called factoring financing. The second one is called purchase order financing.

Factoring Financing

Factoring is an ideal financing tool for companies that can’t afford to wait up to 60 days to get paid by clients. A factoring company can provide you with an advance of up to 85% on your slow paying receivables, providing you with working capital to pay employees and business expenses. Factoring is quick and can provide you with a payment within a day or so after invoicing.

Purchase Order Financing

PO financing is ideal for companies that resell goods to government or commercial clients. It can provide you with financing you need to deliver on your large orders. Purchase order funding works by providing you with funds to pay suppliers, enabling you to close more and larger sales. The transaction is settled once your customer pays for the goods.

Conclusion

Companies that need either domestic or import export financing can benefit from factoring and purchase order financing. And as opposed to traditional bank financing, both are relatively easy to obtain and can be set up in a few days.

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It’s all about attitude, enthusiasm and point of view regarding how to conduct your business. Can you make your own rules regarding how banks, commercial finance companies and other financial entities operate? Of course not. Can you make your own rules regarding how you utilize the financial recourses that are available to finance your business? Absolutely!

Here are three examples how to harness the power of accounts receivable financing sometimes with other types of financing to grow your B2B business.

Case Study One:

A Solar Energy Company that designed and supervised the installation of renewable energy systems was unable to obtain bank financing. They were one of the area’s lowest cost providers of solar panels, system design and supervision. One of their biggest assets was State Solar Tax Credits that are paid to homeowners who install the solar energy systems. An obligation from a State to a consumer is not within the definition of an account receivable. In other words, it could not be financed because it was not an obligation to a business. Using the art of possibility, the homeowners were persuaded to assign their solar tax credits to the Solar Energy Company. This transformed a consumer receivable into a commercial accounts receivable. Voila! The Solar Energy Company received accounts receivable financing it needed to grow.

Case Study Two:

An individual purchased an Importing Company that had been financed with a bank’s SBA loan. As collateral for the loan, the bank placed a UCC1 filing on the accounts receivable and inventory of the business. UCC refers to the Uniform Commercial Code in effect throughout the United States of America. In some respects, it simplifies the process of lending, selling and borrowing nationally. In other ways it is very complex. A UCC1 filing by a bank usually prevents any further financing because there is no collateral left to be financed. It is similar to a first mortgage loan on a house. If you have a 95% loan on your house, no other financing is available on the house because there is no equity to lend on. Using the art of possibility, the Importing Company was successful in convincing the bank to subordinate their UCC1 filing to another commercial lender’s UCC1. The Importing Company convinced the bank that it would be mutually beneficial to lower the bank’s UCC1 lien to a secondary position to allow a commercial finance company to offer new accounts receivable financing and inventory financing. Voila! The Importing business has a new credit line available for growth. It is now more profitable and the bank is more likely to be repaid. This is a win-win situation.

Case Study Three:

A start-up Clothing Company involved in manufacturing, distributing and designing T-shirts landed a substantial purchase order for their product. The product was to be made in China, and the Clothing Company lacked sufficient funds to pay for the costs of manufacture and distribution. Using the art of possibility, the Clothing Company obtained a letter of credit to guarantee the Chinese factory of payment, purchase order financing to pay for the T- shirts upon delivery, and accounts receivable financing to pay the purchase order company upon delivery of the goods to the customer in the US.

Accounts receivable financing can help your B2B business realize the art of possibility for growth and profits. Voila!

Copyright © 2007 Gregg Financial Services

www.greggfinancialservices.com

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I have been advising business owners for over 25 years, and I have encountered many business financing situations which have involved commercial lenders that I would not recommend as a result. These problematic situations have especially involved commercial mortgage loans, business cash advance situations and unsecured working capital loans. As a direct result of these experiences and daily conversations with other commercial loan professionals, I do in fact believe that there are a number of commercial lenders that should be avoided. This conclusion is typically based on more than one negative experience or an obvious pattern of lending abuses.

I have published many commercial loan articles which are designed to assist commercial borrowers in avoiding business loan problems. One of the most serious business financing situations is a commercial lender that causes business loan problems for their commercial borrowers on a recurring basis. It is particularly this type of commercial lender which prudent commercial borrowers should be prepared to avoid unless viable alternative business financing options do not realistically exist.

Here are a few examples of why certain commercial lenders should be avoided.

BUSINESS FINANCING STRATEGIES AND COMMERCIAL LENDERS TO AVOID EXAMPLE NUMBER 1 – Yes or No?

I have published an article which discusses the tendency of many banks to say “YES” when they mean “NO”. Such banks will typically attach onerous business financing conditions to commercial loans instead of simply declining the loan. Business owners should explore other commercial loan alternatives before accepting business financing terms that put them at a competitive disadvantage.

BUSINESS FINANCING STRATEGIES AND COMMERCIAL LENDERS TO AVOID EXAMPLE NUMBER 2 – The Commercial Appraisal Process

For commercial real estate loans, commercial appraisals are an unavoidable part of the commercial loan underwriting process. The commercial appraisal process is lengthy and expensive, so avoiding commercial lenders which have displayed a pattern of problems and abuses in this area will benefit the commercial borrower by saving them both time and money.

BUSINESS FINANCING STRATEGIES AND COMMERCIAL LENDERS TO AVOID EXAMPLE NUMBER 3 – Think Outside the Bank

In smaller metropolitan markets, it is not unusual for a dominant commercial lender to impose harsher commercial loan terms than would typically be seen in a more competitive commercial financing market. Such commercial lenders routinely take advantage of a relative lack of other commercial lenders in their local market. An appropriate response by commercial borrowers is to seek out non-bank business financing options. It is neither necessary nor wise for commercial borrowers to depend only upon local traditional banks for working capital and business cash advance solutions. For most business financing situations, a non-local and non-bank commercial lender is likely to provide improved commercial financing terms because they are accustomed to competing aggressively with other commercial lenders.

BUSINESS FINANCING STRATEGIES AND COMMERCIAL LENDERS TO AVOID EXAMPLE NUMBER 4 – Meaningless Pre-approvals

Commercial borrowers frequently want a commercial lender to approve their commercial loan at the earliest possible point. The assumed benefit to this early business loan approval is that it will enable the commercial borrower to make other business plans which depend on the business financing being finalized.

Because an ethical commercial lender will treat any form of an approval very seriously, commercial borrowers should expect that a meaningful version of such an approval will not be realistically possible in just two or three days. Nevertheless there are commercial lenders who provide their own special version of a pre-approval within just a few days of receiving preliminary application information. Because this abbreviated approach to pre-approvals almost always produces unexpected surprises for the commercial borrower as the business financing process goes forward, commercial borrowers need to be extremely wary of any commercial lenders that take this approach.

Why do some commercial lenders provide such meaningless pre-approvals? There are two likely reasons. (1) To motivate the commercial borrower to stop considering other potential commercial lenders. (2) To provide a pre-approval that is similar to a structure prevalent with residential mortgage loans. Since many business loans are arranged by residential mortgage brokers who are frequently unfamiliar with common business financing procedures, this reason will be especially applicable when dealing with commercial lenders that specialize in dealing with residential mortgage brokers.

Copyright 2005-2007 AEX Commercial Financing Group, LLC. All Rights Reserved.

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We live in the land of opportunity. You do not need a college degree or pedigree to become an entrepreneur. All you need is the ability to organize, manage, and assume the risks of a business with a sufficient amount of cash to fund the business.

Borrowing money is the American paradigm for success for individuals and for businesses. According the American Heritage Dictionary, a “paradigm is:

1. One that serves as a pattern or model.

2. A set or list of all the inflectional forms of a word or of one of its grammatical categories: the paradigm of an irregular verb.

3. A set of assumptions, concepts, values, and practices that constitutes a way of viewing reality for the community that shares them, especially in an intellectual discipline.

Usage Note: Paradigm first appeared in English in the 15th century, meaning “an example or pattern,” and it still bears this meaning today: Their company is a paradigm of the small high-tech firms that have recently sprung up in this area. For nearly 400 years paradigm has also been applied to the patterns of inflections that are used to sort the verbs, nouns, and other parts of speech of a language into groups that are more easily studied. Since the 1960s, paradigm has been used in science to refer to a theoretical framework, as when Nobel Laureate David Baltimore cited the work of two colleagues that “really established a new paradigm for our understanding of the causation of cancer.” Thereafter, researchers in many different fields, including sociology and literary criticism, often saw themselves as working in or trying to break out of paradigms. Applications of the term in other contexts show that it can sometimes be used more loosely to mean “the prevailing view of things.” The Usage Panel splits down the middle on these nonscientific uses of paradigm. Fifty-two percent disapprove of the sentence The paradigm governing international competition and competitiveness has shifted dramatically in the last three decades.”

For more dictionary information please see: The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2000 by Houghton Mifflin Company.

Published by Houghton Mifflin Company. All rights reserved.

What does this have to do with accounts receivable financing?

Banks exist primarily to loan money to people and businesses, on a safe and sound basis according to federal banking regulations. The banking paradigm for businesses involves offering checking and savings accounts to take money in, and offering various types of business and personal loans to “get the money out”. Their goal is to make a profit on your cash for the bank. To qualify for these loans you have to prove, to the bank’s satisfaction, that you have the clear and present ability to repay these loans. If you are a startup company, a company that is growing very rapidly, or an established company that is affected by a sudden negative event, the banking paradigm may not work for you. Perhaps, you need to think differently; perhaps your perspective is “inside the banking paradigm box” and you need an alternative.

What is inside the box thinking? According to ‘Thinking Outside the Box’? By Ed Bernacki Published April 2002:

“Thinking inside the box means accepting the status quo. For example, Charles H. Duell, Director of the US Patent Office, said, “Everything that can be invented has been invented.” That was in 1899: clearly he was in the box!

In-the-box thinkers find it difficult to recognize the quality of an idea. An idea is an idea. A solution is a solution. In fact, they can be quite pigheaded when it comes to valuing an idea. They rarely invest time to turn a mediocre solution into a great solution.”

Mr. Bernacki distinguishes “inside the box” thinking vs. “thinking outside the box” as follows:

“Outside the Box

Thinking outside the box requires different attributes that include:

• Willingness to take new perspectives to day-to-day work.

• Openness to do different things and to do things differently.

• Focusing on the value of finding new ideas and acting on them.

• Striving to create value in new ways.

• Listening to others.

• Supporting and respecting others when they come up with new ideas.

Out-of-the box thinking requires openness to new ways of seeing the world and a willingness to explore. Out-of-the box thinkers know that new ideas need nurturing and support. They also know that having an idea is good but acting on it is more important. Results are what count.”

If your B2B business does not have enough bank credit to expand at the rate you need, or if your B2B business cannot take advantage of growth opportunities because of lack of funds, you may need to think differently: think outside the box. Think of using the virtually unlimited financing that is available from accounts receivable financing.

To think differently, you may need to overcome the two most common “inside the box” concerns regarding accounts receivable financing.

Objection: “Our customers will not want do business with our company if they know we are dealing with a commercial financing company to finance our accounts receivable”.

Think Differently: Accounts receivable financing allows you to offer credit terms, like the bank. Many businesses prefer to resell your products or services and earn a profit before they have to pay you for your product or service. Accounts receivable financing generally involves notification to your customers of the arrangement to “manage” your receivables; and verification from your customers that your product or services were “satisfactory”. From your customer’s point of view, someone in their account’s payable department is changing the “pay to” portion of their check to the address of a commercial finance company. Usually the check is cut payable to you and sent to a P.O. Box of the commercial finance company. In certain situations, notification may not be required at all; this is called non-notification factoring.

Objection: “Accounts receivable financing is too costly”.

Think Differently: Accounts receivable financing is a paradigm for success; you will have the necessary working capital you need to fulfill larger orders by accelerating your cash flow. You will need a gross margin of 20% or more, in general, for this type of financing to make economic sense. There is an inverse relationship between the cost of financing and the size of your credit facility: the larger the credit facility, the lower the cost. In other words, the fees and rates will be less for $500,000 per month than for $25,000 per month.

The bottom line: Accounts Receivable Financing- Think Differently! is intended to help you think “outside the box” and become more profitable. One tried and true paradigm for achieving this result as an entrepreneur with a B2B business is accounts receivable financing.

Copyright © 2007 Gregg Financial Services

www.greggfinancialservices.com

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“6 a : of intense and immediate interest b : unusually lucky or favorable c : temporarily capable of unusual performance (as in a sport) d : currently popular or in demand e : very good ”. The words eager, zealous and fresh are second place synonyms for the hot idea of accounts receivable financing.

When a B2B business suddenly needs financing fast, it is hot. It is hot because it is on fire with potential business: money is needed to power this growth.

According to the Wikipedia, “”Money (That’s What I Want)” was a 1959 hit single by Barrett Strong for the Tamla label, distributed by Anna Records. The song was written by Tamla founder Berry Gordy. It became the first hit record for Gordy’s Motown flagship label.” The song was hot. It has been recorded by over twenty different artists; it reached number 23 on the Rhythm and Blues Charts. The lyrics to “Money (That’s What I Want)”, as recorded by the Beatles, go like this:

“ The best things in life are free

But you can keep ‘em for the birds and bees

Now give me money (that’s what I want)

That’s what I want (that’s what I want)

That’s what I want (that’s what I want), yeah

That’s what I want

Your lovin’ gives me a thrill

But your lovin’ don’t pay my bills

Now give me money (that’s what I want)

That’s what I want (that’s what I want)

That’s what I want (that’s what I want), yeah

That’s what I want

Money don’t get everything, it’s true

What it don’t get, I can’t use

Now give me money (that’s what I want)

That’s what I want (that’s what I want)

That’s what I want (that’s what I want), yeah

That’s what I want…”

The Beatles were hot. It is an interesting fact that it took the Beatles many years to personally make substantial money even though they were the hottest band on the planet. For years they sold more records than any other group, but the profits did not find their way into the individual Beatle bank accounts. When in the course of a B2B business’ development does the business get “hot”? Here are a few examples:

1) A video game developer labored for years to create novel technology and interesting new types of multi-player games for the internet. They were almost put out of business one year when a burglar broke into their office and stole all of their computers and office equipment. A major corporation in the video game business offered them a contract to develop a new game; substantial progress payments were offered for meeting the contract milestones; the challenge was to meet a very tight production schedule. All of a sudden, the business was hot; they needed to hire thirty new game developers. How could they meet the increased payroll requirements and accomplish the goals in the contract?

2) A small distributor of novelty products from Australia established a California corporation to sell their products throughout the United States. They introduced their product to many major department stores. After of several years of marketing they landed several new contracts for five times their previous year’s sales. All of a sudden, the business was hot. How could they pay for the product and provide the items to the department stores?

3) A manufacturer of products for the military struggled to survive for five years. They invented a terrific product. Unfortunately, they were involved in patent litigation and other disputes that burdened them with substantial attorney’s fees. After years of struggling, the disputes were settled and the attorney’s were paid. The manufacturer was “cash poor”. They negotiated an order for their products that was several times their previous year’s sales. All of a sudden, they were hot. How could they manage their cash flow to take advantage of the new opportunities?

If these businesses could sing, “Money (That’s What I Want)” could be their anthem. Accounts Receivable Financing may be the answer to their universal cash flow issues and requirements for substantial growth. Time is of the essence because these businesses, all of a sudden, are hot.

In five to ten working days, or less, accounts receivable financing may be obtained to make these businesses ready for prime time. The process is relatively simple. The business completes an application for financing. They give the appropriate accounting information and details regarding their customers to the finance entity. The finance entity conducts a due diligence review regarding their financial condition, and the strength of their customers. If there are no issues, a process is started whereby the businesses deliver their products or services to their customers and the finance entity advances 80% to 90% of the contract amounts. When their customer pays the finance entity it pays itself back the funds that have been advanced, deducts the agreed upon fees, and the business receives the difference. This accelerates their cash flow. It eliminates the wait of thirty to ninety days to receive payment from their customers.

Sometimes there are other complicating issues such as tax problems, UCC-1 lien priority matters, subordination of pre-existing financing, the need for purchase order financing to pay for costs of production, or letters of credit to guarantee international trade- all in addition to accounts receivable financing to make financing a hot business work correctly. Often these issues will be overcome successfully.

The bottom line: if your business is ready for prime time and your sales are hot, if you feel like singing “Money (That’s What I Want)” like the Beatles, Accounts Receivable financing may be the cash flow solution for your business’s success.

Copyright ©2007 Gregg Financial Services

www.greggfinancialservices.com

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With the help of this bike finance, one have good chances of having a bike of ones choice. Only the need is of applying online for the finance. Through the online method one not only saves one time and energy, but also come to know all about the online bike market. An individual has to fill in a simple application form for the online bike finance. And, thereafter all the formalities regarding the finance is done. In doing so, no paper work is required to be completed as such.

There are scores of lenders available online for the loans. With their respective financial terms and conditions, some financing options need collateral pledging, whereas some demand nothing at time on offering the bike finance. Now, it is solely depends on the individual’s wisdom how he applies his mind to the finance.

Interestingly, good new for the individuals suffering from the adversity of the bad credit history i.e., CCJs, IVAs, bankrupts, arrears and defaulters too can have given the same opportunities as the others have. Only, they may have to face a little more paper works and documentation on availing the facility of the bike finance. Owing to heavy competition amongst lenders gives an edge to the individual aspiring for the bike financing.

Many financial experts are available online who specially deal only in bike finance. Better, if one consults a dealer or any financial expert before concluding any bike deal. Compare the different finance quotes with bike finance. Importantly, do keep a watch on the volatile rates of bike in the market. An attentive borrower has always a good chance of getting positive deal. So, take your time before spending a single penny.

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Small business finance depends upon nature of the business i.e. new or seasoned business. Amount fetched through the small business finance can be used for various purposes like buying a land, furniture, raw material, advertisement, machinery, outgoing expenditures etc.

Depending upon the borrower’s requirement he can either opt for the secured or unsecured loans. If the borrower wants to enjoy the attractive features and larger loaned amount then he should opt for the secured small business finance, but for that he has to place some valuable collateral against the loaned amount.

Borrowers who are looking for small amount can opt for unsecured small business finance. Unsecured small business finance is often availed by those borrowers who are unable to place collateral against the loan amount. Tenants or non-homeowners can avail the unsecured business finance at the competitive rate of interest.

Small business finance can be accessed from various lenders like prominent banks, institutions, lenders. With these, nowadays small business finance is also available through the online market.

Online has proved to be a simple and the fast method of acquiring the small business finance. While opting for the small business finance borrower must not forget to compare the quotes of different lenders in respect to repayment period, lower interest rate, and the loaned amount.

Borrower with bad or poor credit history like CCJ’s, bankruptcy, defaults, arrears IVA, etc can freely opt for the small business finance.

The most important task to obtain small business finance is preparing a business plan. In small business finance, business plan provides the borrower to know what amount to be raised for his business.

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Used Van Finance can be used to buy a used van which can be used for any purpose like corporate van, commercial van or a private van for personal usage. Therefore used van finance makes it possible for the borrower to buy a used van for any of his purposes.

Through used van finance, any van can be purchased which is not more than 5 years old as it becomes difficult to arrange finance for vans that old. As it is, they require maintenance as they get older and also their market value keeps depreciating.

Through Used Van Finance, the complete cost can be borrowed to pay for the used van. The time of repayment for used van finance is 2-7 years. To qualify for used van finance, some basic requirements are to be fulfilled like:

• A fulltime employment along with a regular and stable income is necessary

• An age of more than 18 years

• A valid residential as well as identification proof.

Bad creditors can also avail used van finance as their credit history is not given much heed. By showing good repayment ability, they can avail used van finance. To lower the rate, secured form and proper research are the two ways that can help the borrower.

Online search for used van finance can be conducted to find a good program. There are many lenders and established companies available online which provide used van finance. They can be contacted for a free quote and the best deal can be finalized.

Used van finance helps people in getting the required support to buy their vehicle. They should use this opportunity to make their wish come true.

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