Sentences with phrase «maximum repayment term»

Maximum repayment term of 10 years for unconsolidated loans, and up to 30 years for consolidated loans.

The SBA does impose some restrictions on the microloan program, such as how the loans can be used and what the maximum repayment term is.

Interest rates on SBA microloans generally range from 8 % to 13 % and the maximum repayment term is six years.

The maximum repayment term is six years, and interest rates are typically between 8 % to 13 %.

Most relevant for low - income borrowers are mandatory administrative forbearances for up to five years in cases where the borrower will not be able to repay the loan within the maximum repayment term.

Interest rates generally range from 8 % to 13 % with a maximum amount of $ 50,000 and maximum repayment term of six years.

For someone who has a huge amount of debt to pay off, the maximum repayment term of 15 years can be short.

The SBA does impose some restrictions on the microloan program, such as how the loans can be used and what the maximum repayment term is.

The maximum repayment term allowed for an SBA micro-loan is six years.

Maximum repayment term of 10 years for unconsolidated loans, and up to 30 years for consolidated loans.

Most lenders have maximum repayment terms of 15 to 25 years.

Not exact matches

The maximum allowable repayment term is six years.

StreetShares, however, has a maximum borrowing limit of $ 100,000, a higher APR and shorter repayment terms than SmartBiz.

Having said that, LendingClub offers loans to borrowers with fair or better credit scores that have a higher maximum loan amount, longer term lengths and monthly repayments.

(Sec. 11606) Allows the term for repayment of a direct loan or loan guarantee to extend from a maximum of 35 years to a maximum of the lesser of:

Another benefit of Rise is that they have a flexible repayment schedule that lets you set your own terms within their maximum term length of 26 months.

If repayments are a maximum $ 400 per month, then the reality is that the loan needs to be over a 5 - year term at least.

For extended and graduated repayment, the following chart shows how the maximum loan term depends on the amount borrowed.

However, the specific repayment terms are determined by the state laws as well as the lenders which mean that not all borrowers will be eligible for the 72 months maximum term.

Repayment terms available are either 7, 10 or 15 years with a maximum loan limit of $ 150,000.

These loans have a maximum APR of 36 %, and repayment terms span several years.

The SBA sets maximum loan amounts, repayment terms and interest rates for the Express Loan program.

If the program will extend beyond that, the standard repayment term will kick in after a maximum of 54 months (four years and a 6 month extension intended for the time period between completing residency and becoming an attending).

The maximum term is 25 years, which includes a 10 - year draw period and a 15 - year repayment period.

Generally, interest rates are between 8 and 13 percent, and the maximum allows repayment term is 6 years.

These parts of the country still have various maximum loan amounts and terms and conditions in place affecting the amount of money and length of term, repayment options and number of outstanding loan transactions allowed per consumer.

This is because the term of the loan is at a maximum - perhaps 30 years - so as to ensure the lowest possible monthly repayments.