Sentences with phrase «cost small dollar loan»
Not exact matches
The counseling, particularly, is expensive — coupled with administrating the program, it cost 48 cents for every dollar loaned to small firms in 2006.
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In fact, the majority of the small businesses surveyed by the ETA look to minimize the total dollar cost of a loan when inventory financing, or facing any short - term ROI opportunity.
APR, or the Annualized Percentage Rate, does not provide the total dollar cost of a loan and is only one metric to compare a small business loan.
The two most identified loan purposes of the small businesses participating in the survey were to purchase equipment (54 percent) or to purchase inventory (51 percent)-- both purchases tend to be very total dollar cost sensitive.
The APR on a small dollar, cash advance loan represents the amount of your loan, cost of the loan, term of the loan and repayment amounts and timing.
The APR on a small dollar, short term loan represents the amount of your loan, cost of the loan, term of the loan and repayment amounts and timing.
While this may seem like a small problem now, if you still have a ways to go with college, it could end up costing you thousands of dollars later when you need a loan for a house or a car.
What's more, these small businesses were anticipating a 5X return for every dollar they borrowed, making the total dollar cost of the loan a key consideration for them.
The two most identified loan purposes of the small businesses participating in the survey were to purchase equipment (54 percent) or to purchase inventory (51 percent)-- both purchases tend to be very total dollar cost sensitive.
Depending upon the loan purpose, some small business borrowers chose a shorter - term loan to minimize the total dollar cost of the loan.
Something seemingly as small as a 20 point difference in your credit score can cost you thousands of dollars over the life of a loan, if it meant that you weren't eligible for the best interest rates available.
Many Floridians who struggle to pay their bills resort to payday loans: small - dollar, high - cost cash advances that borrowers promise to repay out of their next pay check.