Because Loan Guarantee programs offered by U.S. Federal agencies (the Department of Energy and the Department of Agriculture) were not structured for small businesses, the BlueFire / China EXIM framework with major Chinese companies will open the door for more businesses in the U.S. to finance and build projects, not only in the U.S., but in China.
Not exact matches
Because of the
guarantee program, borrowers who might not be able to completely collateralize a
loan or otherwise qualify for a traditional
loan at the bank may qualify for an SBA
loan.
Because a small business
loan is considered a higher - risk
loan, to reduce that risk to the lender, the SBA will frequently
guarantee 50 % to 85 % of an eligible
loan (within their 7 (a)
loan program, for example).
Although the
loan guarantee program is only one of many things the SBA does to help small businesses,
because they recognize that access to capital is a big challenge for many of the businesses they serve, they've made some recent changes that portend a positive impact for small businesses.
Those
programs include the Innovative Technology
Loan Guarantee Program, which was formed under the George W. Bush administration to support clean energy projects that can't obtain conventional private
loans because of the high risks involved.
The South Carolina Supreme Court held that using public money to
guarantee student
loans for students attending private schools did not violate South Carolina's Blaine Amendment
because the
program is religiously neutral and supports higher education, not institutions of higher education.
Secured Business
loans on the other hand do require collateral but they have lower interest rates and longer repayment
programs since the lender doesn't have to worry
because he can always claim his money by taking legal actions to repossess the asset
guaranteeing the
loan.
Prohibits
guarantee agencies from discriminating by charging additional costs or denying benefits to schools and lenders
because of their failure to participate in the
guarantee agency's
programs or to deliver a specified volume of
loans or
loan applications or to put a lender that uses the
guarantee agency on the school's preferred lender list.
However, there are also private lenders who lend to students as a part of their student financing
programs, but offer no credit check approval
because the
loans are
guaranteed by the government too more affordable
loans on offer to students.
Because a small business
loan is considered a higher - risk
loan, to reduce that risk to the lender, the SBA will frequently
guarantee 50 % to 85 % of an eligible
loan (within their 7 (a)
loan program, for example).
Because the Veterans Administration doesn't actually extend
loans, but merely
guarantees them, you need to apply for a veteran's house mortgage through a lender that participates in the VA home
loan program.
In this case, HUD would
guarantee the Lender's loss on the
loan because the Reverse Mortgage is a Federally Insured
Program.
Because of the
guarantee program, borrowers who might not be able to completely collateralize a
loan or otherwise qualify for a traditional
loan at the bank may qualify for an SBA
loan.
Through this
program veterans can purchase a home with no money down and have an easier time getting a
loan because a portion of the mortgage is
guaranteed by the VA..
Banks and lenders are aggressive with veterans
loan programs because the Dept. of Veterans Affairs
guarantees the mortgages as they are partially insured by the VA..
In part, this is
because federal student
loans offer
loan forgiveness
programs, repayment plans and
guaranteed options to defer payments or put your
loans in forbearance that aren't available from private student lenders.
Before it's discontinuance in 2010, the FFEL
Program issued
loans from private banks and other lending institutions; yet, these
loans were still considered federal
because the government
guaranteed them.
Although the
loan guarantee program is only one of many things the SBA does to help small businesses,
because they recognize that access to capital is a big challenge for many of the businesses they serve, they've made some recent changes that portend a positive impact for small businesses.
Because without the support of the U.S. Department of Energy's
Loan Guarantee Program, Ivanpah would not have been constructed.