Sentences with phrase «financed over the term of the loan»

Not exact matches

With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.

A bridge loan tides you over financially during the gap in time between the purchase of a property and arranging its long - term financing.

«Cash flow works differently in all of these businesses, and I've had over 30 different types of financing» over the years including lines of credit and term loans.

An online term loan is lump - sum financing repaid over a fixed period of time (3 - 36 months for short - term and up to 10 years for long - term).

In fact, 57 percent of those surveyed would choose a shorter - term loan with a higher APR over a longer - term loan with a lower APR to minimize the total fees and expenses of inventory financing or any other loan.

This could be a good fit for many loan purposes including the purchase of commercial real estate, funding a large expansion project, purchasing equipment that will be depreciated over many years, along with many other longer - term financing needs.

The shorter - term loan will likely have a higher periodic payment, but the overall interest cost of the loan could be less, while the longer - term loan will probably have a lower payment but include a higher total cost of financing over the course of the loan.

Kurtzberg said Scott Haber, owner of NDH, sought a meeting with Venditto to go over the terms of the two loans and to discuss possible future financing at a time when Singh was under consideration for a third town - backed loan deal.

While lowering your interest rate is always good, if you increase your loan term at the same time, then you may increase your finance charge, or the total dollar amount you pay loan over the life of your mortgage.

Provided you have income and meet other lender requirements, a FICO score over 760 will give you access to the best interest rates and loan terms on every type of financing available.

With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.

Annual Percentage Rate (APR) is the cost of credit, as an annual rate, that takes into consideration interest and prepaid finance charges over the term of the loan.

This could be a good fit for many loan purposes including the purchase of commercial real estate, funding a large expansion project, purchasing equipment that will be depreciated over many years, along with many other longer - term financing needs.

I thought about taking out a short - term personal loan, but the closing costs (or whatever they're called) would have been a significant chunk of the finance charges I've paid over 3 - 4 months, plus my life was pretty scattered for a few months and I didn't know how much I'd end up needing.

I'm not a big fan of financing any kind of vehicle, but if you already have a loan for one or more of your «toys» you can save hundreds (or thousands) of dollars over the term of the loan.

A bridge loan tides you over financially during the gap in time between the purchase of a property and arranging its long - term financing.

Look over your finances and budget to see what kind of loan terms you can afford.

Banks and traditional lending institutions prefer to finance properties that will be held over a long period of time; short - term loans prevent these lenders from making money from the interest paid on these loans.

This can be a huge money saver for firms that want a little bit of financing over a short term, without taking out a business loan.

The Rule of 78 is a financing method that allocates pre-calculated interest charges that favor the lender over the borrower on short - term loans.

For instance, an increase in the federal funds rate hits personal finances more in the realm of auto loans, credit cards, and personal loans (lending vehicles with five or fewer years to repay in most cases) than home loans and student loans (lending vehicles with extended repayment terms over a decade or more).

Furthermore, unlike installment loans that are repaid via multiple payments over the course of the loan, short - term cash advance loans are typically repaid as a single lump - sum payment that includes both the principal plus any and all applicable financing fees.

The deferred financing costs are being amortized over the lives of the respective mortgages and term loans.

Shortest repayment term which typically means lower total finance charges over the life of the loan

Short - term cash advance loans are intended to finance smaller purchases — most short - term loans max out at $ 2,500 — over a short period of time, typically less than six months (but as short as seven days).

Because loan financing distributes the cost of the purchase over time, allowing customers to keep more of their income in the short - term, the financed systems had higher NPVs and outperformed investments indexed to the S&P 500 in many more areas of the country.

At issue was whether OCGA 33 -32-4 (a) authorizes the insurer to issue a credit life insurance policy which covers the total amount payable over the term of the loan or limits the policy's coverage to the principal amount financed by the insured.

An online term loan is lump - sum financing repaid over a fixed period of time (3 - 36 months for short - term and up to 10 years for long - term).

In the case of traditional long - term finance, there is an increased likelihood that a borrower may suffer some form of financial hardship over the course of the loan - term, which will hamper repayment and can often cause insurmountable financial difficulty.

Over the longer term, it is unclear how the impending reform of the housing finance system, including changes in the role played by Fannie Mae and Freddie Mac, will influence the cost and availability of mortgage loans.

But over the long term, properties acquired with this type of financing will cashflow better due to the low interest rates and lower loan amount as a result of the higher down payment.

By providing up to $ 50M in term loans and lines of credit to New Jersey companies over the next three years, Citi will work with the EDA, which will offer guarantees on individual transactions of up to 50 percent of the Citi financing, not to exceed $ 1.5 M for term loans and $ 500,000 for lines of credit.