Sentences with phrase «assets during the loan»

Rather, they apply a general lien to business assets during the loan term and require a personal guarantee (a common practice also used by many banks).
While a traditional bank loan often requires specific collateral before they will lend to a small business and may rely heavily on the personal credit of the business owner, OnDeck offers fast small business loans from $ 5,000 to $ 500,000 with a general lien on business assets during the loan term and a personal guarantee.
Rather, they apply a general lien to business assets during the loan term and require a personal guarantee (a common practice also used by many banks).
Rather, they may apply a general lien to business assets during the loan term and require a personal guarantee (a personal guarantee is also a common practice used by most banks).

Not exact matches

Nonperforming loans at the four largest banks with assets of $ 1 trillion or more — Bank of America, Citigroup, JPMorgan Chase and Wells Fargo — hit 16.27 % during the same period, according to Bankregdata, which culls call reports.
They will likely require a general lien on business assets and a personal guarantee to secure the loan during the loan term.
These lenders will typically place a general lien on the assets of the business during the loan term.
During the pre-approval process, your lender will take a complete loan application which includes performing an income and asset verification, and he will account for specific loan traits which may affect your final approval such as your personal credit scores, any required child support payments, and the availability of a co-signer, as examples.
Digital First, a Denver company that owns dozens of newspapers including nine serving the greater Los Angeles area, had been thought to be interested in acquiring Freedom's assets since December when it was revealed in court that the company had offered a loan to help fund Freedom's operations during bankruptcy.
Italy's second - largest bank by assets, Intesa Sanpaolo ISP.MI +0.86 % SpA, said that it has fully repaid a $ 36 billion ($ 49 billion) loan it took from the European Central Bank during the heat of the Continent's financial crisis.
Some of this gap in net assets also comes from the higher lifetime income of the household without student loan debt; though the indebted household begins their careers earning more, their income falls behind that of the debt - free household by its early 40s, and earns significantly less during the peak earning years of the mid-50s.
During his tenure, ECIDA's affiliate lending program made some 577 loans for just under $ 100 million and grew to more than $ 21 million in assets.
Your existing financial assets are considered during the mortgage loan.
To keep performance high, credit - focused managers are moving back into some of the risky assets that got tarnished during the financial crisis like collateralized loan obligations, or CLOs, securities cobbled together from pools of corporate loans.
They will likely require a general lien on business assets and a personal guarantee to secure the loan during the loan term.
George began his career in commercial real estate financing with trust companies during the 1980s and early 1990s, he went on to work in loan origination and asset management in the life insurance and banking sector prior to joining MCAP.
You can avoid this fee when you meet any ONE of the following requirements during each monthly statement cycle: Keep an average daily balance in your checking or a linked Regular Savings account of $ 5,000 or more OR Keep a $ 10,000 average daily combined balance in linked checking, savings, Money Market Savings, CD and IRA accounts OR Keep an outstanding balance on a linked installment loan or line of credit of $ 15,000 or more OR Keep total combined assets in eligible, linked Merrill Edge or Merrill Lynch investment accounts of $ 15,000 or more OR have a linked Bank of America first mortgage loan that we service.
For a lot of us, our vehicle is our largest asset and the thought may cross our minds to downgrade, during a tough time, but LoanMart can help you out of that tight spot with an auto title loan based on the equity value of your Ford Explorer.
In addition, Congress added another exception to the automatic stay provisions in 1994, requiring debtors with a secured loan on a single real estate asset to file a reasonable payment plan or make reasonable interest payments based on the fair market rate on the value of the creditor's real estate during the bankruptcy proceedings.
«During 2011, the Group recognised an impairment of $ 379,000 to the carrying value of loans to associates following a review of the recoverability of those assets»
During this same month, Gerhard Richter and Georg Baselitz threatened to withdraw their art works on loan to several German museums in protest of a proposed new German law that would result in stronger oversight over imported cultural artifacts and tighten export restrictions for cultural assets that are more than fifty years old or valued at more than $ 162,000.
During the pre-approval process, your lender will take a complete loan application which includes performing an income and asset verification, and he will account for specific loan traits which may affect your final approval such as your personal credit scores, any required child support payments, and the availability of a co-signer, as examples.
During that time, Mr. Heafey oversaw the acquisition of more than $ 800 million in secured loans in Japan, served as a consultant in connection with sales of financial assets for the Financial Sector Restructuring Authority of Thailand, and managed sales of over $ 1 billion in loans and other financial assets for the Bank of Tokyo, Mitsubishi and Mitsui Trust.
During his tenure heading up a CMBS lending platform, an equity investment platform, a bridge loan fund and most recently an SBA 504 non-bank lending company Mr. Soares has underwritten permanent, interim and equity financing on all classes of commercial real estate assets and hotels.
George began his career in commercial real estate financing with trust companies during the 1980s and early 1990s, he went on to work in loan origination and asset management in the life insurance and banking sector prior to joining MCAP.
However, the legal challenge surrounding the transaction underlines how arduous and lengthy the resolution of distressed CMBS loans can sometimes get, notes Jonathan Mayblum, co-founder of real estate advisory and asset management firm Arcturus, which advised Canyon and Trilogy on strategy, valuation and debt structure during the legal proceedings.
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