Sentences with phrase «secure a loan by»

In August, 2015, Newsday reported that town officials had helped Singh, a private businessman, secure loans by arranging to have the town pay lenders in case of defaults.
The best option would be to take out a secured loan by keeping any asset that you own as collateral.
Loan: Banks will usually secure their loans by requiring extra collateral such as real estate, equipment, inventory, receivables, or your house.
Like a credit card however, unsecured credit loans are differentiated from secured loans by the fact that they are not secured against...
If you aren't exactly sporting a winning credit score you could still qualify for a secured loan by using something you own as collateral.
These loans typically have lower interest rates than credit cards, especially if you secure the loan by pledging an asset, such as your car as collateral.
In general, such loans are not available to borrowers with poor credit unless the borrower secures the loan by using their house as collateral.
When setting up your mortgage, your lender will secure the loan by registering a «charge» against your property.
They also secure their loans by placing a temporary lien on your car.
You can secure loans by signing of deeds of trust on real estate.
For some, there is a major draw to be found in the tax benefits, as well as they ability to secure a loan by using the policy's cash value as collateral.
Strategically garnered and compiled customer documentation required for loan approval, and originated secured loans by telemarketing and development of referral sources.
Mezz lenders most commonly secure their loans by using the borrower's equity interest in the building as collateral.
Look for promissory notes with an underlying mortgage or deed of trust that secures the loan by a collateralized property.

Not exact matches

Rosenthal finally secured a meeting in Chicago with the Central States Pension Fund, run by Teamsters boss Jimmy Hoffa, who agreed to loan him $ 12 million to fund the construction.
Her instructors said they would introduce her to banks, help her secure loans and walk her, step by step, through deals, she recalled.
Remember though, if you default on a secured loan then the assets or asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out of business, so there is some element of risk to consider with asset - based financing.
The incident highlights what the Journal says is a steady rise in so - called «wealth loans» — large loans to wealthy individuals that are sometimes secured by assets like art, boats, and wine collections.
«Beginning in November 2014 and continuing until his arrest in March 2016, CASPERSEN engaged in a Ponzi - like scheme to defraud investors, including his close friends, family members, and college classmates, by falsely claiming that their funds would be used to make secured loans to private equity firms and would thereby earn an annual rate of return of 15 to 20 percent.
«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.
By September 1988 Christopher had amassed $ 150,000, enough to secure a bank loan to purchase $ 1 million worth of his own aircraft.
SBA loans are secured by both business and personal assets until the recovery value equals the amount of the loan.
You can refinance expensive debt and trim thousands from your monthly budget by securing a long - term, low - rate loan like the one you should've taken in the first place.
First, Sears Holdings, which also owns the Kmart discount chain, said it had obtained a $ 500 million loan secured by mortgages on 46 properties from affiliates of Lampert's hedge fund, ESL Investments, earlier this week.
These loans are generally secured, on a first - priority status, by a company's assets.
A number of payday lenders have embraced auto - title loans, which are secured by the borrower's car and typically carry annual rates around 300 percent.
Borrower 2 saved almost $ 5,000 by going with a fixed rate on Loan B ($ 30,000 for 20 years) even though the initial interest rate was higher than what Borrower 1 secured with a variable - rate lLoan B ($ 30,000 for 20 years) even though the initial interest rate was higher than what Borrower 1 secured with a variable - rate loanloan.
The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.
A lender will normally require that long - term loans be secured by the assets to be purchased.
The Notes will be secured by and payable from a revolving pool of OnDeck small business loans.
Because most SBA loans are secured by collateral and a personal guarantee, the bank will have the right to seize the business and personal assets you pledged.
Conventional or conforming mortgage loans are private loans that aren't secured by a government agency and meet guidelines established by Fannie Mae and Freddie Mac.
So this is like a loan which is being secured by a bond and this transaction actually has two legs.
At Bear, Stearns & Co., Mr. Abbott served as a Vice President in Financial Analytics & Structured Transactions (F.A.S.T) where he structured and reverse engineered complex CDO transactions, secured by a wide range of debt products, including high yield bonds, senior secured leverage loans, trust preferred bank loans, RMBS as well as other esoteric receivables.
You can also apply for a secured cash loan online, by phone, or by mail.
As the name suggests, a secured credit card means that the extension of credit to you is «secured» by the deposit you put down — like a mortgage is secured by the house for which you are getting a loan.
Rather, the quest for deposits is motivated by two overriding profitability concerns, namely securing customers that can generate fee and loan revenue — bank customers are notoriously «sticky» so once you have them, you have them — and second, minimizing the outflow of net payments from customers to other institutions.
You can deduct the interest that you pay on a mortgage loan secured by your home.
Unlike other business loans that a require 20 — 30 percent down payments and must be secured by personal collateral, Working Capital loans only need 10 percent down and are secured by your business assets.
Our loans are typically secured by properties undergoing value - creation processes including releasing, repositioning, and construction.
The loan is secured by a charge over the book debts and other assets of the company.
Collateral is usually required by the SBA to secure the loan.
Did you know you can secure a lower rate on your mortgage loan by paying a little more money up front, at closing?
In addition, a title loan is secured by your vehicle.
A home equity loan is a second mortgage that is secured by the equity in your home.
Unlike traditional lenders that offer you a loan secured by the value of your accounts receivables, receivables factoring lets you sell your outstanding accounts receivables for an immediate influx of cash without the burden of repayment from you, rather from your debtors
Specifically, the Fed agreed to provide a $ 30 billion «non-recourse loan» to J.P. Morgan, secured only by the worst tranche of Bear Stearns» mortgage debt.
If you're only planning to stay in a home for a few years, you might be able to secure a lower interest rate by using an ARM loan (as opposed to a fixed - rate mortgage).
Secured by accounts receivable (A / R), and in some cases inventory, and ranging in size from $ 250K to $ 10M, our loans give businesses simple, scalable capital — usually in 10 days.
Condo inventory loans are secured by a project's inventory of units.
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