Sentences with phrase «bank for a lending»

He also threatened to eject the Chase Manhattan Bank for lending money to one of the papers.

Because of this, you can not pull your own credit and hand it to a bank for a lending decision, because the number you have won't be what they'd get.

Since small and midsize businesses have generally relied on commercial banks for their lending needs — commercial banks comprise nearly 50 percent of the commercial real estate lending in the U.S. — the lasting impact of the severe recession is proving quite substantial.

Not exact matches

The Federal Reserve's decisions over the past 12 months to continuously raise interest rates from the near zero percent level of the past few years have made it more profitable for big banks to lend money.

Some observers predict that such borrowers will be forced to tap networks of small investors who lend through mortgage brokers, as well as mortgage investment corporations — in other words, the most remote corners of Canada's shadow banking sector, which accounts for 40 % of Canada's banking space.

The banks have been under valuing assets of small business for lending purposes for many years, especially manufacturing businesses.

We also suggest reimagining the Community Reinvestment Act — which provides incentives for banks to lend to people in low - and moderate - income neighborhoods — to allow more funding to be funneled to startups.

But if deposits dwindle at a bank, it might have to pay a lot more for funding from other sources, or it might have to curtail lending, which would crimp its profits.

There are numerous banks and traditional lending institutions where you can apply for a start - up loan.

For that reason, almost every factor has a staff of «credit investigators,» often experienced bank lending officers wearing new hats.

It's a target for the rate charged when banks lend money to each other overnight.

If a bank can't get much for lending money to other banks through the Fed, then it's not going to pay you much in a savings account.

As accessing capital becomes increasing difficult for Canadian entrepreneurs — especially those who are considered particularly risky by Canada's big banks — other approaches, such as developmental lending, ought to be taken more seriously.

That would have been a boon for banks, which theoretically would earn more from lending funds to consumers.

It also introduced a new lending program for banks that also will be financed with tens of billions of newly created pounds.

Fintech is a big opportunity for the Vision Fund, because cash is critical in building out lending and underwriting operations and there are plenty of areas where emerging companies can take on giant slow - moving banks.

Now, lending for purchase is rebounding, and the banks need those purchase volumes to compensate for the fall in the previous staple: refis.

Not only do banks not lend their reserves, but they only lend when there is demand for loans.

If you want more proof we're in a recovery and that banks have stopped lurking under rocks when it comes to your request for financing, look no further than alternative lender Biz2Credit's most recent lending status report.

Such moves could further restrict bank lending to entrepreneurs as community banks look for ways to exit TARP.

Forty - two percent of respondents said banks were not lending to their types of business, and nearly half of companies said they did not apply for bank loans because they did not think they would be approved.

«The need to repay TARP capital is what depresses [community banks»] lending ability,» says Rob Klingler, an attorney for Bryan Cave, a global business litigation firm, in Atlanta.

And this rate does affect banks and other financial institutions decision making in terms of how much they are willing to lend money for.

The explosive growth of the alternative lending industry has led to more access to credit for small business owners that the traditional banks had been turning away, for sure.

Bank of America Corp. plans to stop lending to companies that make assault - style guns used for non-military purposes.

It's nearly outpacing mortgage lending for the first time since the 1980s, the Wall Street Journal reports, and it accounts for 21 percent of all outstanding loans from banks.

Commercial lending to businesses by banks is rising at a rate that far outpaces the loans they're making for mortgages and home equity lines of credit, but you wouldn't necessarily know that from speaking to some of the smallest businesses in the U.S.

Yet bank lending for commercial loans is setting new records.

If banks take deposits and hoard cash, the economy could contract, and if banks lend without regard for the borrower's ability to repay, high defaults could cause credit to seize up.

Commercial and industrial lending is increasing for larger companies, but according to the Thompson Reuters / Pay Net Small - Business Lending Index, the number of traditional bank loans to small businesses has fluctuated wildly over the past year.

Some banks weren't able to lend for a while because of TARP,» Geshwiler says, referring to the Troubled Asset Relief Program, the federal government's program for bailing out banks hit hard in the financial crisis.

Upon initiating coverage this year, Fred Westra of Industrial Alliance Securities wrote, «alternative lenders will experience a golden age» as tighter lending standards for banks push more customers their way.

Credit unions, long an alternative to banks for individual customers, are keenly interested in small business lending.

Public sector banks are likely to be more hesitant to lend money to these borrowers because chances of a turnaround for companies with high levels of debt seem unlikely, at least in the near term, according to Awtani.

The managers put up $ 100,000; the Bank of America lent them $ 6 million; and Harvester took back a note for $ 1 million.

In addition, mortgage lending, which is tied to long - term Treasury rates, is less important for the big banks than it used to be.

The top beneficiary of the Trump rally so far has been the banking industry, with bets driven by the potential for higher lending rates and stronger economic growth in the coming months, not to mention the president - elect's pledge to reject any new financial regulations.

When it comes to small - business lending (particularly for loans under $ 50,000), banks and credit card companies are also greedy.

The proposals include prohibiting issuers from dipping into their own capital to compensate investors for losses — closing a loophole thought to have encouraged risky lending behavior and the growth of the shadow banking business.

China's central bank on Thursday raised interest rates for its reverse repos and medium - term lending facility (MLF) loans by 5 basis points.

Banks have tightened their lending criteria and business owners will need to look elsewhere for financing.

... isn't enough for most banks when it comes to lending to high - tech start - ups.

• LendKey, a New York - based lending - as - a-service solution for banks and credit unions, raised $ 13 million in Series C funding.

Once it becomes more profitable for big banks to lend money, the spigots will open.

For other businesses, the major banks are either key partners or reluctant to lend, particularly if it's a small enterprise.

(10) Draghi still waiting for banks to lend to SMEs.

The federal funds rate is the rate that banks use to set the prime rate, their own lending floor for everything from credit cards to lines of credit and commercial loans.

Mnuchin is the son of a Goldman Sachs banker, and he worked at the financial institute himself for 17 years, leading the mortgage - lending department during his time at the bank.

There are always, however, worries that if negative rates spread to households people will literally stuff cash under their mattresses instead of storing it with banks, drying up the pool of cash available for banks to lend.

The bank lends the schools the money for each pupil, who then try to use it to create a business.