Sentences with phrase «as loan facility»

This plan provides auto cover facility i.e. it takes care of liquidity needs through its Auto cover as well as loan facility.

The plan offers additional riders in order to enhance protection as well as a loan facility against one's policy in case of financial emergencies.

Not exact matches

«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.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

KeyBank N.A. provided the construction loan and construction letter of credit facility for the project, while KeyBanc Capital Markets Inc. acted as lead arranger for the deal.

Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset - based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed - income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online / electronic products.

As of December 31, 2013, $ 2.3 million was outstanding under the senior term loan, $ 9.0 million was outstanding under the mezzanine facility, and nothing was outstanding under the revolving line of credit.

Borrowings under our Cash Flow Facility may also be drawn as ABR loans or Eurodollar loans.

As of December 31, 2013, the Company had term loan facilities with a financial institution totaling $ 26.0 million consisting of a $ 14.0 million revolving line of credit, a $ 3.0 million senior term loan, and a $ 9.0 million mezzanine term loan facility.

P2P loans (peer - to - peer loans) and invoice financing facilities are a real alternative to bank loans for business or SME owners to borrow money, and investors can invest in such loans and invoice financing as an alternative to the financial products of the banks with attractive potential returns.

Golub Capital acted as sole bookrunner, administrative agent and lead arranger on a $ 270 million delayed draw term loan to New Enterprise Associates» portfolio company Radiology Partners, raising the company's total GOLD facility to $ 1 billion.

The lenders under this facility consisted of certain funds managed by Cerberus Capital Management as first out lender and Salus Capital Partners as last out lender (2013 term loan).

As the investor group was seriously interested a solution was found by way of a convertible loan and while that did not solve the facility and friends issue, it did protect the new investor group that consisted of some larger angel investors from across Canada.

The vast majority of borrowings are under an evergreen loan facility and as at the close of the financial year were priced at just over 3 per cent, in line with commercially available market rates,» said the company.

He used funds from the Treasury's Troubled Asset Relief Program, as well as the Federal Reserve's Term Asset - Backed Securities Loan Facility, to seed a Public - Private Investment Program.

It provides its corporate customers with traditional banking products and services, such as deposits, lending (including overdraft facilities), check cashing advances and factoring, guaranteed loans and credit lines for financing foreign trade and cash management services.

Financial deregulation and the associated increase in competition among lenders has also played a role by making loans cheaper, easier to obtain, particularly to investors, and providing innovations such as home equity loans and redraw facilities.

«The RIC will administer the government's remaining $ 2 billion investment in concessional loans from 2018 — 19, as well as the $ 2 billion National Water Infrastructure Loan Facility.

However, owners will, according to the rules, be permitted to invest in clubs, via permanent shares rather than by way of repayable loans, which will enable them to build a solid infrastructure such as training grounds or youth development facilities, but will not be allowed to overspend on wages or transfers.

The Park District asked for the loan to speed up their construction time so that a park facility could be built on the same timeline as the library, which officials have been planning for more than a year.

The governor said that the deficit in the budget would be financed by a N10 billion loan facility from some development partners as a well as the 2018 opening balance of N8.4 billion.

The Vice President Dr Bawumia is telling us the facility is not a loan, the deputy Finance Minister described the facility as a loan and government communicators are giving us conflicting stories about the facility.

As a result of VRA's indebtedness, he said, it had failed to service the Chinese Development Bank loan facility it secured for the construction of the Atuabo Gas Processing Plant.

Loan assistance of up to $ 5,000 is available to assist with items such as access ramp installation, re-plumbing kitchen and bath to provide access to facilities, and installing a hard surface walkway from the ramp to where the vehicle is parked.

As his money problems mounted, Singh allegedly bribed Oyster Bay officials to guarantee millions of dollars in loans that prosecutors said were used for operating expenses of other businesses rather than the capital expenses at town facilities for which they were intended.

President Muhammadu Buhari has approved the release of N800 million for each of the 36 states of the federation as part of the Budget Support Loan Facility.

«This structure would ensure all Bank of England loan facilities to the company are repaid in full, with interest, upfront, as soon as the funds are raised.»

While Ghana Cocoa Board asked lenders for a 10 - year facility, the banks indicated that they will consider loans for as long as five years, according to two people familiar with the matter.

The Department of Energy is buying into Sachs's vision — they've offered him a $ 150 - million loan to continue his work in Massachusetts and to build a second facility elsewhere, as long as it's in the U.S..

The current environment has made initiatives, such as the federal loan guarantee program, even more critical to the successful development of nuclear facilities.

However, a handful of proposals, such as one from California company Fulcrum BioEnergy to build a plasma gasification facility outside Reno, Nev. — with the help of a $ 105 million loan guarantee from the U.S. Department of Agriculture — appear poised for completion within the next couple years.

By contrast, charter school leaders often spend significant time trying to secure loans or donations to cover facilities costs as well as managing any construction or renovation.

As a 501 (c)(3) tax - exempt, nonprofit corporation and CDFI, CSDC has helped public charter schools acquire and finance facilities at the lowest possible cost, through below - market - rate credit enhancements and direct loans, as well as custom - developed lease - for - purchase facilitieAs a 501 (c)(3) tax - exempt, nonprofit corporation and CDFI, CSDC has helped public charter schools acquire and finance facilities at the lowest possible cost, through below - market - rate credit enhancements and direct loans, as well as custom - developed lease - for - purchase facilitieas well as custom - developed lease - for - purchase facilitieas custom - developed lease - for - purchase facilities.

By acting as a partial guarantor or «co-signer» for the school's lease or loan payment obligations, IBBF is used to induce, leverage and partially secure funding from private capital investors and traditional banking sources (landlords and lenders) to provide a 100 percent financed facility at an affordable cost to the charter school borrower.

Changes to the administration of the Revolving Loan program and the Charter School Facility Grant program, as well as extending charter schools» access to district surplus property for three years through 2015, will provide charter schools with greater access to facilities and facilities funding.

(hh) If the unencumbered amount of cumulative surplus revenue from tuition held by a charter school at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.

The project is funded using $ 95.6 million in airport revenue bonds, $ 250.5 million in customer facility charge (CFC) senior lien revenue bonds, $ 62.4 million in airport development funds, $ 141.7 million in CFC pay - as - you - go funds, $ 37.7 million in passenger facility charge revenue, and the TIFIA direct loan.

The TIFIA loan is secured by customer facility charges imposed by RIAC on people renting cars at the airport as well as payments by the rental car companies for tenant improvements in the Intermodal Ffacility charges imposed by RIAC on people renting cars at the airport as well as payments by the rental car companies for tenant improvements in the Intermodal FacilityFacility.

Businesses use term loans for growth and expansion activities, such as purchasing new equipment, moving into a new facility or refinancing other debts.

Online unsecured personal loans offer you more options to choose from, as you have the facility of Internet.

A payroll advance is a type of short - term loan usually offered by a bank alternative such as a check - cashing facility.

As we grow together, we believe in giving back to you in the form of dividends, lower loan rates, better facilities, and strong products.

There are unsecured loan facilities available for non-homeowner or for those who don't want to put their houses as collateral.

• You should ensure you have a facility in place to repay the loan as soon as possible.

Owners may increase or lower the monthly installment amounts as per the profitability or they can also replay the full amount before tenure to close the loan account Even some banks and lenders can also offer you part - payment facility.

An Introduction to Asset Based Lending (ABL) Asset Based Lending is a financing method that uses the short term assets of a business as the basis of the loan facility.

Circle's fate was actually sealed back in 2014, when it began drawing down on a $ 100 million IFC loan facility (which I specifically flagged as a huge risk) to fund an aggressive ramp - up in exploration & development.

Many banks accepted minibonds as collateral for loans and credit facilities.

im looking for some credit to use at a plastic surgeons facility my credit isnt good as i was young and stupid, my husbands is fine he owns everything in his name me nothing so my quenstion is where can i get a loan for use of a lifestyle lift and not just to go shopping on?