Sentences with phrase «as guaranteed loan»

The agency has the flexibility to make loans to lower - income households because it makes the loans directly rather than through a lender as a guaranteed loan.

This would be referred to as a guaranteed loan.

Of course, there is no such thing as guaranteed loan approval, so it would be very foolish to take a lax view of the issue and think no effort needs to go into formulating the application.

There is no such thing as guaranteed loan approval, but so long as basic loan criteria are met, those seeking a home equity loan with bad credit are as close to guaranteed as they will ever be.

Not exact matches

The 81 - year - old government - run financial institution, known as the Ex-Im Bank, provides much - needed to support to exporters through guaranteed loans and credit insurance, and by its own reckoning, it has returned $ 7 billion to the U.S. Treasury over the last 20 years.

The incentive program — consisting of a 90 percent government guarantee on the SBA's flagship 7 (a) loans for start - ups and small businesses, as well as a trim or total cut of the fees on 7 (a) and 504 loans — was set to expire February 28.

To play it a little safer, and avoid more failures, the USDA, (as well as the DOE) have more recently required companies that get their loan guarantees to meet more stringent milestones and conditions.

As a result, a bank or landlord may require the business owner or LLC member to «personally guarantee» a loan or lease.

All companies approved for a loan through Bond Street are guaranteed to receive their capital within less than one week, as opposed to the weeks or months they'd typically have to wait by going to a traditional bank.

In early September, Solyndra ceased operations, laying off 1,100 staff and dooming the U.S. government's hopes of recovering more than half a billion dollars in loan guarantees offered to the company as part of the 2009 stimulus plan.

«If a lender knows that it can sell a loan as soon as the loan is made, do you think that loan will be underwritten with the same diligence as a non-SBA guaranteed loan held on that lender's books?»

With an SBA - guaranteed loan, they'll guarantee as much as 80 percent of the principle.

As long as they stayed in school, they'd be guaranteed a job and loaned a bike to lead G Adventures tourAs long as they stayed in school, they'd be guaranteed a job and loaned a bike to lead G Adventures touras they stayed in school, they'd be guaranteed a job and loaned a bike to lead G Adventures tours.

Small Business Administration loans offer even longer terms and lower costs than traditional term loans, as they come partially guaranteed by the U.S. government.

The House Committee on Banking, Finance, and Urban Affairs defined this risk as «the difference between the rate that the guaranteed loans carry and the rate that Chrysler would be required to pay if the loans were obtained without the federal guarantees.»

ESOP Debt Guarantee represents all transactions related to a company's Employee Stock Ownership Plan (ESOP), such as shares / debt / loans owned by ESOP.

As a federal agency, the SBA promotes small business ownership in several ways, including their loan guarantees.

This option permits users to leverage the value of their home (or home equity) as a guarantee that the loan will be repaid.

With a secured loan, your asset — such as a car or home equity — is collateral that the lender uses to guarantee the loan.

It is also important to note that liabilities, such as outstanding bank loans, guarantees, lease agreements and payments to suppliers are usually not insured, leaving the personal assets of business owners pledged against these liabilities, and potentially leaving family members in financial distress.

Low - and moderate - income families who live in rural areas can apply for a USDA - guaranteed home loan as long as they meet income and credit history requirements.

Gaebler lauded the law's language allowing the SBA to raise its loan guarantee from current levels to as much as 90 percent for some loans, but said «this latest, new rule negates some of those provisions and... doesn't offer much respect to the small business economy, especially when you consider the big role that small business plays in an economic recovery.»

That makes them different from a secured loan, such as a car loan or a home equity line of credit, in which your property guarantees repayment.

It ended up as that city's second - highest, after Willis Tower, and in a flashback to his old ways he personally guaranteed $ 40 million on a Deutsche Bank construction loan to build it.

Prentice cited the federal loan guarantee for Newfoundland's Lower Churchill River hydroelectric project as «a wise instrument of industrial policy,» and called for governments to «expedite the regulatory and environmental approval processes for megaprojects.»

Therefore lenders will often require a personal guarantee from the business owner, pledging personal assets as collateral for the business loan.

The government is on the hook to guarantee American mortgage loans as well as student loans.

As a rule of thumb, it's a good idea for all individuals who own at least 20 % of the business to personally guarantee a loan.

As an entrepreneur, you should be okay with losing some money, but you shouldn't risk personal financial ruin just to guarantee a business loan.

Before offering your name and finances as a guarantee, you should be sure whether or not your income and savings will allow you to comfortably pay back the borrower's full loan amount.

Lenders view loans made to startups as risky, so they typically require some form of collateral and personal guarantee to mitigate that risk.

The New Bank Disaster Olafur Arnarson, Michael Hudson and Gunnar Tomasson * The problem of bank loans gone bad, especially those with government - guarantees such as U.S. student loans and Fannie Mae mortgages, has thrown into question just what should be a «fair value» for these debt obligations.

Without this backing guarantee, banks would see small business lending as too risky and elect not to loan the prospective entrepreneur money, stifling small business.

These loans provide the same government guarantee and low interest rates as traditional SBA loans, but they can close in as little as 45 days — about half the time it takes to close a traditional SBA loan.

While conventional loan backing is not explicit as it is with FHA, many argue that the implied guarantee is keeping conventional mortgage rates artificially low

This program is available to homeowners with a VA - guaranteed home loan, and is also referred to as a VA Interest Rate Reduction Refinance Loan (VA IRRloan, and is also referred to as a VA Interest Rate Reduction Refinance Loan (VA IRRLoan (VA IRRRL).

With no personal guarantees or collateral required as well as funding (and approval) in as little as 24 hours, an unsecured business loan with Excel Capital can give your business the funds it needs to move forward in times of expansion — or stay afloat when your business is in need of cash.

Finally, the Budget projections may include current year liabilities, such as adjustments to the various allowances for loans and loan guarantees, court cases, employee future benefits, tax receivables, etc..

Since 1990, FAME has provided financial education and outreach, as well as grant, scholarship, loan, loan guarantee, loan forgiveness and college savings programs.

Federal regulations do limit loans guaranteed by the Department of Veterans Affairs to «primary residences» only, however, «primary residence» is defined as the home in which you live «most of the year.»

In addition to the standard promise to repay the loan (called a promissory note), the bank will also likely require that the business owners sign personal guarantees — meaning that you, as an individual, will be on the hook to pay back the loan even if the business fails.

First, the bank will has all of the owner's personal assets and guarantees as well as business assets tied up as collateral for whatever loan it is providing.

The program is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA charLoan Program, or the «Section 502 loan», named for its place in the USDA charloan», named for its place in the USDA charter.

Personal Guarantees are generally not considered as security, but directors may guarantee a certain level of payment if the company can not make payment on the loan.

The U.S. Department of Veterans Affairs has guaranteed more than 20 million home loans since the VA Loan program was launched in 1944 as part of a program for returning World War II veterans.

A part of the Department of Housing and Urban Development, Ginnie Mae guarantees the timely payment of mortgage bonds that include federally insured or guaranteed loans, such as FHA mortgages.

The good thing about home equity loans is that lenders offer attractive interest rates because your home serves as collateral and a guarantee of repayment.

USDA home loans are loans backed the U.S. Department of Agriculture as part of the USDA Rural Development Guaranteed Housing Loan program, which is also known as Section 502.

As a result, many online lenders promote what they call guaranteed personal loans.

Guaranteed personal loans target people who need cash now — specifically, people with bad credit (defined as a FICO score of 579 or less) who can't qualify for a personal loan or unsecured credit card.