Sentences with phrase «back your loan for»

This could be an issue when you need to pay back that loan for your startup.

The idea is that if the borrower can't pay back the loan for whatever reason, the co-signer assumes responsibility for paying it back in full, or until circumstances get better for the main borrower.

Unfortunately, Uncle Sam has doesn't back loans for anything but primary residences.

Our Marketplace platform (Green Market) will feature applications such as live POS market data, consumer insight, embedded international trade regulations, advertisement solutions and GROP token backed loans for reputable vendors.

The pair forged Venditto's signature on paperwork for another town - backed loan for Singh, Agnifilo said.

Those hypothetical facts included core claims at the trial — whether Venditto lied to town attorneys, whether he accepted bribes, whether he knew if the town backing loans for Singh violated the state constitution.

The attendees at the April 28, 2010, meeting had included Sinnreich, who had testified that he vehemently opposed the town backing loans for Singh — and Venditto had him speak first, Agnifilo noted.

When however, you borrow against the presently paid - up equity, your ownership is assured, without increasing your debt and the investment are at the ready in case you must pay back the loan for some unforseen reason.

With this warning, I'll use Fannie Mae backed loans for simplicity's sake.

With a federally - backed loan for manufactured home, the government insures the loan that is made to you by a private mortgage lender.

The platform offers investment in real estate - backed loans for as little as $ 1,000 in each loan you select.

Not only do many lenders offer rates and loans that are designed for the first time home buyer, but there are also several government backed loans for those who have never bought a home before.

Then they learn that Fannie Mae will back a loan for someone after a short sale after 2 years with a 10 percent down payment if there are «extenuating circumstances.»

Unfortunately, Uncle Sam has doesn't back loans for anything but primary residences.

If you can't pay back your loan for any reason, contact your lender immediately to discuss alternatives.

Whether you're getting ready to pay back loans for college or for your graduate degree, these tips can make it easier to organize your information and streamline bill paying.

The Small Business Administration backs loans for entrepreneurs who may have less than perfect credit.

Borrowers with a Fannie Mae — backed mortgage who engage in a strategic default won't be eligible for another Fannie Mae — backed loan for seven years, the secondary mortgage market company says.

Since home equity loans and lines of credit were relatively safe, collaterally backed loans for the lenders, home values could and were pushed to max.

Not exact matches

Your business is eligible for loans to get physical structures back to pre-storm condition and for loans to help a business owner survive through revenue lost as a result of a storm.

Banks are coming back to the market and seeing greater demand for loans from business owners.

Between 2008 and 2012, the federal government implemented a handful of ad - hoc policies meant to deter poorer households from taking on excessive debt, including the reduction of the maximum amortization period for government - backed home loans to 25 years from 40 years.

Bank loan: You'll need excellent business and personal credit to qualify for an SBA - backed bank loan.

A default could result in Valeant having to pay back its loans immediately — something that would be very hard for it to do — or face much higher borrowing rates.

That came after the company had jumped into mortgage - backed securities, a complex package of debts that often meant higher margins for banks, yet often included poor quality loans.

He'd also like to get his $ 3 million loan back — invested to «take us from a low to a high margin for error,» he says — but won't sweat it if that doesn't happen.

This 20 percent rule was started by the Small Business Administration, which requires a personal guarantee from all owners with at least 20 percent ownership applying for an SBA - backed loan.

The stimulus bill money, coupled with an additional $ 15 billion from the Treasury Department to buy up SBA - backed loans, are for some, an indication that the agency will play a pivotal role in economic recovery.

«Funded in large part by the asset - backed securities market, many lenders made money by originating and then selling private student loans with less regard for borrowers» creditworthiness.

A Honduran immigrant who runs a waste - hauling business with her husband, Joel, Castillo was readying to close her first SBA - backed loan, for $ 30,000.

While this doesn't mean all companies are back to pre-recession performance levels, entrepreneurs are likely to see new options for their business next year, thanks to an expected increase in bank loans and a larger pool of potential buyers.

They will have to earn money, and pay back student loans, and pay bills, and save for a rainy day, a car, a home and retirement.

Graduates who borrowed money to pay for college will have to evaluate how best to pay back their federal and / or private loans.

This type of secured loan is more comfortable for lenders; if you can't make your payments, they'll just take the equipment back.

SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such as asset - backed securities, auction - rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage - backed securities, restricted securities and block trades in public companies, and whole loans.

Because of the tight credit market, business plans are being more closely scrutinized than ever and banks are looking for specifics before looking at Small Business Administration - backed loans or community bank loans.

Riverwalk is an easy target because it is highly visible, has a large price tag, and is financed with a federal loan backed by a local motor fuel tax that, some argue, could be better used for purposes such as municipal schools.

It's no secret that higher education is commonplace for young entrepreneurs, but in an era where the approximate balance of the nation's student loans is growing by $ 2,762.27 a second, potential entrepreneurs could be holding back from pursuing their business ideas.

Ten - year maturities are available for loans for equipment and working capital (though seven - year terms are more commonplace), and loans for real estate and major equipment purchases can be paid back over as long as 25 years.

Traditional banks have also sold their bad loans to these nonbank companies, which have then packaged them up in products for sale to consumers and, also, back to the banks.

· Deal Trends: Average deal size is up nearly 140 % since 2011, as lenders gravitate to the companies that have an appetite for loans: private equity backed companies and larger private companies seeking growth through industry consolidation, international expansion, or both.

However, sometimes all the relevant information was given upfront and sometimes a key detail — which professor was teaching a course the students were thinking of taking or how much credit card debt an otherwise exceptional applicant for a loan had outstanding — was held back but then later revealed.

The owner of a corporation who personally guarantees a loan is also personally responsible for paying it back if the corporation goes under.

Taking into account that banks and traditional financial institutions tend to not offer loans to cannabis businesses for the time being, many cannabis entrepreneurs fall back on family members and friends for seed capital — and this is probably the way to go at first.

For the lending family member or friend: Are you willing to walk away from the loan if it can't be paid back?

This past February, for example, Heller Financial announced it would not write any new Small Business Administration - backed loans, although the institution previously had been one of the top providers in that market.

Yahoo owes a prize promoter $ 5.5 million for backing out of a contract to pay $ 1 billion for predicting every winner in the 2014 NCAA men's basketball tournament, and entering a similar contract with Quicken Loans and Warren Buffett's Berkshire Hathaway, a court decided on Monday.

So, unless you consider the loan a gift, be prepared for problems to arise when your family member doesn't pay you back, as collecting on a loan can be awkward for borrower and lender alike.

And that is good news for nearly 18,000 businesses that until now have been unable to take a government - backed loan or to get assistance winning federal contracts.

These all factor into the total cost of your loan, so make sure you understand exactly what you'll be responsible for paying back.