Sentences with phrase «bank loans out»

If it wasn't highly profitable, there wouldn't be so many banks loaning out so much money, would there?

Not exact matches

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).

The ECB essentially is the only thing keeping the Greek banking system from collapse by meting out loans in return for collateral.

«If the banks had the ability to be loaning out more money, especially the smaller and mid-sized banks: that creates jobs.

So he backed out of the deal and funded the company with personal savings and a couple of short - term bank loans.

The bank offered a loan at a low rate to pay off her high - interest credit card debt, and she ended up taking out a second mortgage for $ 80,000.

If the hackers who stole your credit information from Equifax drain your bank account or take out a loan in your name, it's your problem, not Equifax's.

This Toronto - based bank will benefit from rising interest rates — «they can take money in and put it out at higher loan rates,» Turk says — but also an expanding retail segment.

Companies with healthier finances and carefully thought - out expansion plans have convinced Providence, R.I. - based Citizens Bank that they are good loan risks, says Quincy Miller, head of business banking.

With the Italian banking system in the spotlight, analysts have highlighted that Germany's lenders are still not out of the woods, saying shipping loans and too many bank branches are some of the very real problems they are currently facing.

When I received the first letter from the bank saying that the hefty balance on my home equity loan was due, I freaked out.

The banks promptly obliged, shovelling more than US$ 1.5 trillion of loans out the door last year, an amount equal to 30 % of the country's economy.

If you can't get a bank loan, ask your boss if you can finance the purchase out of profits on a schedule that doesn't pinch the company's cash flow, says Joseph Fulvio, a management consultant for startups and emerging businesses.

Then the bank could go out with increased liquidity and make more loans.

To many bankers and others in the industry, SBAExpress occupies the middle ground between a conventional bank loan and traditional 7 (a) credit — trotted out when a borrower is «just a little bit of a stretch beyond the normal credit limits,» according to Joel Pruis, portfolio management analyst at the Indianapolis consulting firm Baker Hill.

Though many community banks in this program have, controversially, used this money to pay off TARP rather than lend to small business, Hall says the money will help Team Capital make $ 200 million in loans to local small businesses, and it has enabled it to loan out $ 40 million in the past year.

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.

ANZ Banking Group subsidiary Esanda has agreed to compensate more than 70 borrowers who took out car loans worth $ 1.38 million through Victoria Park - based broker Get Approved Finance.

The bank had few bad loans, as it managed to maintain comparatively strong lending standards that kept it out of the worst of the crisis and allowed it to acquire the troubled Wachovia.

The Federal Deposit Insurance Corp. counted $ 331 billion in commercial and industrial bank loans under $ 1 million as of Dec. 31, the largest amount since the end of 2008, when the government agency reported a record $ 336 billion in such loans that are generally taken out by small companies.

The system will also be able to register how many times a pedestrian has violated traffic rules in the city and once this number reaches a certain level, it will affect the offender's social credit score which in turn may limit their ability to take out loans from banks, Wang said.

It was actually faster to take out a home - equity loan from her community bank, which she used to purchase an adjacent building to expand her business, than it was to go through the extended process of getting a commercial loan.

He eventually became a loans officer at a bank and struck out on his own in 1982.

Remember the bank bail outs when people realized that simply walking away from their home loans were far easier than continuing to pay a mortgage on a house that was worth far less than they owed for it?

Your choices are going to vary, and you may find out that you already have a good interest rate, but talk to several loan officers at a number of banks to find out if you can save by finally making the big loan consolidation move.

For example, if you won't have strong cash flow — necessary for debt payments — for quite a while, then a bank loan is out.

For instance, Wanda no longer has to record debts associated with those theme parks and hotels; all it has is the bank loan it took out to advance money to Sunac, which is now taking on the property and related leverage.

Many initially praised the small - business fund that would make $ 30 billion available to small banks to loan out businesses, but funds haven't yet been disbursed.

Waiting on a bank loan was out of the question, and her credit card limit wasn't high enough to cover her expenses.

To transfer ownership, the company creates an ESOP — a kind of trust account — and takes out a loan from its bank for $ 4 million, 40 % of the firm's value.

The time to position yourself for a low - interest bank loan isn't when you're running out of money and struggling, says Klein of Consero Global.

The lower that interest rates are, the less banks can charge customers for taking out loans.

You aren't going to walk into your local bank, fill out a loan application and get approved on the spot.

It wouldn't do much to help small business owners get bank loans either, as my Inc. colleague Maria Aspan points out.

Big banks (over $ 10 billion in assets) are lending at unprecedented post-recession rates, but still reject three out of four loan applications and are typically conservative in their lending parameters.

Most small - business owners need a bank loan at one time or another, and applying for one involves much more than filling out paperwork and saying a prayer.

Since bank loans are so hard to come by, seller - financed opportunities are most likely to pan out.

«But given the financing opportunities that exist for us in the private - equity arena and our growth rate this year of 25 % per month, we were able to win a loan commitment from a bank that would come into effect as soon as we carried out a private placement,» notes CEO Brad Galle.

And some of the nation's top banks are pretty far down on the list, which suggest they've more or less gotten out of the business of making loans to entrepreneurs.

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.

Bank financing is still out of the question, but alternative lenders will often extend a loan to borrowers if they are on a repayment plan for a lien.

In the aftermath of Zirtual's failure, Young, who was on the board, reflected on the entrepreneurial struggle and asked, «What about taking out an old - fashioned bank loan?»

For years, China's banks readily doled out loans, eager to keep pumping money into the economy.

The debt deal, which came on Friday after about 19 similar summits since the start of the debt crisis (with few results), called for countries that use the euro to allows two European bailout funds to aid European banks directly, rather than make loans to governments to bail out the banks.

If you have a bank account at the same bank where you took out the loan, the bank generally has the right of offset, which allows them to withdraw funds from your accounts to cover past due payments.

The operative notion of easy money is that you create $ 32 billion in bank reserves, the banks lend out the money, the money gets spent, more loans happen, and through the magic of the «money multiplier», the amount of loans in the economy goes up by many times that $ 32 billion.

As a general rule, a personal credit score below 680 will make qualifying for a loan at the bank problematic and a score below 650 will likely rule out an SBA loan, so if your personal score is below the 650 threshold, you'll likely need to look at alternative financing options, but it is possible to gain a loan approval.

The financial sector accordingly aims to shift taxes off its major customers (real estate and monopolies) so as to leave more revenue «free» to be capitalized into bank loans and paid out as debt service.

If an individual or company deposits money in a bank or savings and loan association, a large portion of the deposit will be lent out as mortgage credit.

That figure, which comes out to a combined 360 billion euros ($ 401 billion) in bad debt, is more than three times the bank loans that were bad in the U.S. on a percentage basis at the height of the financial crisis.