Sentences with phrase «bank loans because»

Mortgage brokers are very special people when it comes to acquiring bank loans because they enable you to get the loan that you want from a trusted lender and at a low interest rate.

In general, I like bank loans because: D...

Many people choose home equity loans over bank loans because of the flexibility they provide.

Are you locked out of bank loans because of bad credit?

Title loans are treated differently than traditional bank loans because they are secured.

Riskier mortgages attract higher fees compared to bank loans because the lenders must cushion themselves from losses in the event you default on payments.

Antunovic says it's been hard to get bank loans because the e-retailer has little credit history.

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.

A hard money loan has far less requirements than a bank loan because it is based on the «asset» versus your income or your credit.

Many businesses around the country don't have the capital to invest in their small business and can't get approved for a bank loan because of less than perfect credit.

This is different from a bank loan because things like credit score and employment are considered less important.

This is different from a regular bank loan because credit and job history are considered as inferior to the amount of home equity.

A loan from your insurance company is a lot easier to get than a bank loan because they are using the cash value of your policy as collateral.

Remember the last time you didn't get a bank loan because of bad credit?

I'm thinking owner finance over a bank loan because I can buy multiple houses and it not show up on my credit unless I incur a foreclosure allowing me to leverage more of my money.

Not exact matches

Because back in 1971 small business had trouble getting loans from Canadian banks to grow their companies.

D'Alessandro counters that such poor international performance is more likely because of a lack of leadership, a problem extending back to the less - developed - country debt crisis of the late 1970s, when many developing countries defaulted on their bank loans.

Although it took four months for them to get approved for the loan, the funding was crucial in helping the founders get their business off the ground last August, especially because friends, family, banks, community lenders and angel investors had all turned them down.

Goldman officials believed that the Oak Finance loan would be protected in the new structure, in part because a senior Bank of Portugal official said so in writing, Goldman spokeswoman Fiona Laffan said.

And then, simply because he was a very senior guy in age and experience, he was able to provide me access to business knowledge and experience: You know what happens when the bank turns down your first loan application?

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.

Typically, these businesses describe their loans as faster and more readily available to customers than bank loans, because they leverage technology to evaluate risk on a number of factors, as opposed to relying solely on credit scores.

If you're banking on loan forgiveness, it's probably because you don't fully understand how the plans work.

A big reason is because non-SBA loans by big banks are on the rise.

The lenders want the stake to be sold for top dollar but fear it will be sold for less than that to McClendon's wife, Kathleen, because she is family, said a lawyer representing a syndicate of banks led by Wilmington Trust that loaned $ 465 million to a company McClendon founded in 2013, American Energy Partners LP (AEP).

The bank sought to fill the gap with a $ 200,000 SBA loan, something Wald wanted to avoid at all costs, recalling the consequences of the $ 30,000 SBA loan he'd received in 1996 (and since paid off): NetForce had trouble securing the kind of financing it needed because the SBA had taken a blanket lien on all the company's assets.

That's because of two practices in growing use at regional and national banks: credit scoring and automatic loan decisions, or what banks call «autodecisioning.»

«Getting funding for a cannabis business presents very unique challenges because you can't just get an SBA, or small business loan, and banks are not going to lend money to you either,» Super Bowl champion and cannabis entrepreneur Marvin Washington told me during an interview for my book with Entrepreneur Media, Start Your Own Cannabis Business.

If you are an inventor, understand that obtaining capital for manufacturing is possible but it's a really long stretch to believe that you are going to enter a bank and get a loan because your idea is the next greatest thing since chewing gum.

«You're better off educating [your] bank on ESOPs because these loans are underwriting the individual,» Josephs says.

A truck or two, maybe, because vehicles sometimes can be financed through an auto loan from the same bank that refuses a business loan.

Because many banks are taking steps to automate their credit - granting programs so that customers can either phone in or electronically transmit loan requests without having to meet with a loan officer.

Owners of less - successful small businesses will find bank loans tough to get because they are the marginal borrowers who are often unable to get loans when credit is scarce.

And because TomboyX only sells directly to consumers, it doesn't have purchase orders from large department stores that it can use to back a bank loan.

If demand for business loans is picking up at Scotiabank, it is in part because executives have faith in the central bank.

Because he couldn't get a bank loan, he and his wife «were doing hundreds of pounds of laundry a week just by ourselves,» he says.

James Ballentine, the head lobbyist with the American Bankers Association, said there should be far fewer worries about loans held in bank's own portfolios because the loans are «properly underwritten» and bank examiners provide a backstop.

Plus, banks don't want to waste their time filling out lengthy SBA loan applications if they are confident you'll get denied because of a low FICO SBSS score.

I asked the agent of the bank if we can re-open the account or apply for a business loan, but unfortunately, they declined because we had to short - sale a property and it was reflected on our credit report.

Most of the money in our monetary system exists because banks created it through the loan creation process.

Some mortgage experts have argued that community banks had lower nonperforming loans during the crisis because of the strong relationships with their customers, and the loans held on their balance sheets performed better.

Jeffrey Naimon, an attorney at BuckleySandler, said banks are punished enough if a loan defaults because the ability - to - repay rule allows borrowers to sue a lender for alleged underwriting mistakes.

«Because Wall Street banks colluded with the Congress to foster a system of usury, Millennials will be working the rest of their lives so they can pay back the interest on their student loans.»

Because there are not as many foreclosures The banks can then start to loan money to others who want to have a home or car with good credit of course.

A week ago the International Monetary Fund said that it will not make any more loans with the European Central Bank to Greece, because it can't pay.

BFS Capital financing has come into the mainstream because it's more accessible than a bank loan, less expensive than equity, and less risky than bootstrapping.

Because of the guarantee program, borrowers who might not be able to completely collateralize a loan or otherwise qualify for a traditional loan at the bank may qualify for an SBA loan.

Bad loans as a share of their total portfolio remains low, at less than 2.5 percent, but economists believe the figure understates the problem because banks often extend the payment dates for problem debt.

The lending standards on equipment financing can be less strict because your equipment will be used as collateral for the loan — in other words, if you default, the bank has the right to seize your equipment to cover the cost of their lost money.

Even though she needed a loan to purchase an existing business, because she was a new owner, it was considered a startup and she wasn't able to get a traditional loan at the bank.