Sentences with phrase «fixed repayment schedule»

Each draw on a line of credit has its own fixed repayment schedule, so a line of credit with a series of outstanding draws behaves like a collection of term loans.

With all of these types of funding repayment remains as a percentage of card sales rather than adhering to a fixed repayment schedule.

With debt financing, the fixed repayment schedule and the high cost of loan repayment can make it difficult for a business to expand while with equity financing, money is invested in the business in exchange for equity - there is no fixed repayment schedule and investors generally have a long term goal of return on investment.

Borrowers will have a fixed repayment schedule over the repayment period of the loan.

With debt financing, the fixed repayment schedule and the high cost of loan repayment can make it difficult for a business to expand while with equity financing, money is invested in the business in exchange for equity - there is no fixed repayment schedule and investors generally have a long term goal of return on investment.

After an initial «draw» period (5 - 10 years), the line of credit becomes a home equity loan with a fixed repayment schedule.

It's much the same as a home equity loan except it is a revolving line of credit with no fixed repayment schedule.

Equity loans come with a fixed repayment schedule which has to be followed strictly with some exceptions.

Amortization: If a loan is amortized, it means that there is a fixed repayment schedule with each payment being the same dollar amount over the life of the loan.

There is no fixed repayment schedule.

If you're in the market for a debt consolidation loan, be sure to choose a lender that offers a much lower rate than you're already paying on your existing debt, and one that offers a fixed repayment schedule.

You could apply for a conventional home equity loan, or second mortgage, which is a one - time loan with a fixed repayment schedule.

Open - end retail accounts that are placed on a fixed repayment schedule should follow the charge - off time frame for closed - end loans.

When buying a car, choose a fixed repayment schedule so you know how long it will take you to repay what you borrow.

To keep your debt repayment plan on track, choose a fixed repayment schedule with the shortest time frame you are comfortable with to help you repay your debt sooner.

Typically, there will be a fixed repayment schedule — for example, a predetermined amount is paid each month.