Sentences with phrase «bank line of»

The $ 54.5 million transaction was funded from Westfield's $ 600 million unsecured bank line of credit, established in conjunction with its public listing in May of this year.

We have no debt, over $ 2 million cash, and a $ 3 million bank line of credit to fund further growth.

For example, during the year it is common for AR to build up, and cash (possibly supplemented by debt drawn from the bank line of credit) is used to pay for operating expenses and (sometimes) partner draws.

Here are some options for small business credit and business loans if you can't qualify for a bank line of credit or bank loan.

We couldn't survive without a bank line of credit, and we couldn't get that line until we found a banker who understood us.»

Clarence was being hounded by creditors and couldn't repay his $ 750,000 bank line of credit.

Percentage of the 2001 Inc 500 that raised additional financing from Bank lines of credit: 80 % Commercial loans: 52 % Personal assets: 45 % Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofits: 3 %

There's plenty of overlap here — many alternative lines of credit break $ 1 million while plenty of bank lines of credit go down to $ 10,000 — but, in general, banks give out bigger loans for cheaper.

However, this has caused the management team to accelerate the restructuring and reduction of non-core investment banking lines of businesses.

Business credit cards are a popular choice among entrepreneurs who have limited business history and don't qualify for lower cost financing, such as bank lines of credit.

Business credit cards are a popular choice among entrepreneurs who have limited business history and don't qualify for lower - cost financing, such as bank lines of credit.

Long - term traditional bank loans and bank lines of credit typically do not affect your renewal eligibility.

Business credit cards are a popular choice among entrepreneurs who have limited business history and don't qualify for lower - cost financing, such as bank lines of credit.

Pay no fees for overdraft protection transfers made from your U.S. Bank Reserve Line of Credit, U.S. Bank Credit Card, U.S. Bank Premier Line, U.S. Bank Home Equity Line of Credit, and other U.S. Bank Lines of Credit 2

Step Three: Obtain small lines of credit (i.e. credit cards or bank lines of credit) when you are certain you can afford to make the payments on these accounts on time each month.

But to fund it yourself, I've had the most luck with private lenders and bank lines of credit.

Not exact matches

THE Bank of Queensland will use Western Australia as a testing ground for a return to the use of mortgage brokers and a new branch model in an attempt to firm up its bottom line.

And even the Federal Reserve's modest rate hikes have had an outsized impact on the bottom line of Bank of America, which pockets the extra interest it collects on loans while paying out much less on consumers» deposits (making money on the so - called spread).

Bottom line: the Bank of Canada is unmoved by Trump's promises, suggesting it will stick to its present course until the president - elect's Tweets turn into increased demand for Canadian goods and services.

Bottom line: the Bank of Canada remains content that it has done all that it can do to support the economy and it would take a major shock to prompt it to cut interest rates.

When the Federal Reserve boosts its target funds rate, banks are quick to follow suit by increasing the cost of borrowing on everything from credit cards to home equity lines of credit.

Many international exchanges are essentially unregulated, and even U.S. - based cryptocurrency exchanges are not protected by any sort of consumer insurance along the lines of FDIC coverage for bank deposits.

Such an outcome could prove to be a classic unintended consequence: Morneau's reforms — meant to reduce or contain the accumulated risk created by precipitously over-leveraged homebuyers — may unwittingly increase the overall systemic risk in the economy by driving red - lined borrowers to the sort of uninsured subprime mortgages that have proliferated in the shadow banking sector.

On average, you pay a 1 - 3 % higher interest rate when compared to the prime rates found in lines of credit and bank loans.

Additionally, now there are fantastic apps for handling our bank accounts from our smartphones (via the Internet, of course), so waiting in a long line at the bank just to make a small transfer is pretty much a thing of the past.

For example, front - line caisse workers have expressed irritation with having to juggle different protocols and technological systems for each of the company's various service offerings — personal banking, credit cards, investment accounts, insurance and so on — while serving a single member.

The 40 - city tour saw the bank team up with HGTV and DIY Network to offer home reno advice while promoting its home equity loans and lines of credit.

That last line is key: «Increased bank reserves held at the Fed don't necessarily translate into more money or cash in circulation, and, indeed, broad measures of the supply of money have not grown especially quickly, on balance, over the past few years.»

In the third quarter, Bank of America beat on the top and bottom lines, reporting earnings per share of $ 0.41 on revenue of $ 21.64 billion.

Banks use this score to evaluate term loans and lines of credit up to $ 1 million.

Many small - business owners feel frustrated when they try to apply for a line of credit or a small - business loan — they feel like banks are only set up to loan money to big companies.

Check out the Case Study from our current issue about about Able Planet, a Colorado - based audio technology company that had to figure out what to do when its bank suddenly changed the terms of its $ 2.5 million line of credit.

One line of thinking now is that the central bank may opt to combine the two programs and buy longer - dated bonds more aggressively, then set as its new target the total balance of bond holdings or the size of its balance sheet, the sources said.

We spent the first five years of our business in a constant state of anxiety, culminating in a near - disaster; in 1989 our bank kicked us out and we lost our line of credit.

For my own part, thirteen years after starting my business, I went to our bank to request an increase to our line of credit — and was rejected.

In order to set up payroll, however, the person on the other end of the line just needs you to fill out a form with your Social Securitynumber and bank account information.

Irene Dodge, the owner of Elements Art Supply in Athens, Georgia used her bank line to order $ 30,000 worth of goods in time for back - to - school, her busiest season of the year.

TORONTO — A cloud of uncertainty is hanging over the global potash industry, but demand from developing countries is expected to grow in line with historical trends, a report by TD Bank says.

The regular banking market was pulling lines of credit for strong companies that were paying their bills, and we knew we had to act immediately.

, a vice-chairman on the House Financial Services Committee, has sent a blistering letter to Federal Reserve Chair Yellen telling her in no uncertain terms to stop cooperating with other central banks and insurance supervisors over global rules of conduct, at least until the new administration has given her a clear political line to follow.

Singapore Airlines is close to a 50 percent hedge on fuel prices, helping the bottom line, says Mohshin Aziz of Maybank Investment Bank.

It pockets roughly one - quarter of its earnings from each of its four distinct divisions — domestic banking, international banking, corporate banking and finally its global wealth management operations — while half its bottom line comes from outside Canada.

But with the Volcker rule, the banks wouldn't be able to dabble in certain trading activities for their own bottom lines, which lawmakers hope will help reduce losses in the event of another calamity.

Depending on whether you're looking at a line of credit from a traditional bank or an alternative lender, you might be dealing with two pretty distinct loans.

Adani Group, controlled by the billionaire Gautam Adani, said it will now plan to finance the vast Carmichael coal project on its own, but the company faces an uphill struggle as both governments and major banks adopt a harder line towards new coal projects, citing the impact of coal - fired power on climate change.

Your balance sheets will help show the bank the worth of your assets and the strength of your company, which can in turn determine the SBA loan or line of credit amount you qualify for that would best fit your business's needs.

So in other words, if you want to take out a $ 1 million line of credit, you'll probably need seven figures» worth of equipment, real estate, or other assets the bank can anchor onto — and make a claim to, in case you default.

Now that we've got that down, we can look at the major factors that distinguish lines of credit from banks and alternative lenders.

«Unlike the United States before the crisis, the portfolios and business lines of large banks are well diversified, and stress tests suggest that banks have adequate capital and liquidity buffers to weather a large house price correction,» according to the FSR.

Factoring is one of a number of alternative sources of financing for small and midsize businesses when a bank pulls their credit line or says no to a traditional business loan.