Sentences with phrase «borrow than traditional loans»

It's definitely an easier and faster way to borrow than traditional loans.

Not exact matches

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

Long - term loans online can also have a quicker turnaround time than traditional loans, and some offer peer - to - peer lending, where you are borrowing from individual investors instead of a large bank or corporation.

While the interest rate that you will pay to borrow money when taking out a payday loan will be more than you would pay if you were approved for a traditional loan, it is not usually higher than ten percent - although that figure can vary from lender to lender and may be based partially on the amount that you borrow.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

Borrowing money through a short - term loan product might cost you more than a traditional bank loan, but when you factor in the speed, flexibility, and smaller funding sizes offered by alternative lenders, working capital loans are often more attractive.

You can only borrow up to $ 50,000 through this program, making it similar to a microloan than a traditional loan.

However, you'll be putting your personal credit on the line if your business can not repay, and the amount you can borrow with a personal loan is much lower than what you can get with a traditional business loan.

Because traditional lenders are subject to strict government regulations — even more so since the financial crisis that began in 2008 — you'll most likely be unable to secure a soft loan if you have less than perfect credit, even if you have the assets and the income to back up the amount you wish to borrow.

With AAG Advantage, owners of higher value homes now have the opportunity to borrow up to $ 3 million in loan proceeds — a significantly greater amount than offered through a traditional HECM loan.