Sentences with phrase «general purpose loans»

It appears that the 401K does not have home buyer's loan program (has only general purpose loans).
Because personal loans are general purpose loans, they can be used for a multitude of reasons.
7 (a) loans are general purpose loans, meaning they can be used for anything from working capital to business acquisition.
As a general purpose loan, a HECM can be used to pay for renovations, property taxes or any other expense.
As a general purpose loan, a HECM can be used to pay for renovations, property taxes or any other expense.
A 7 (a) loan is a general purpose loan that is backed by the SBA for up to 85 % of the loan's value.
As long as we're still working, we can take either (or both) a general purpose loan and a primary residence loan.
A general purpose loan can be had for the asking.

Not exact matches

Loans backed by specific collateral or backed by general corporate assets aren't the perfect option for every financing situation, but are tools business owners can use to access capital, provided they are a good fit for the loan purpose and the economics make sense.
Since 2007, we've issued over $ 8 billion in loans for many business needs including inventory purchase, equipment acquisition, hiring, and general corporate purposes.
Furthermore, under the general welfare provision of the Constitution, the Federal Government offers financial assistance to states and local communities for a variety of educational purposes, ranging from subsidies for school lunch programs to salaries for teachers of agriculture and loans for school building construction.
This initial phase, which is funded with the TIFIA Loan, includes (i) the construction of two reversible lanes with associated exit / entrance ramps between Valley View Lanes and Turbeville Road; (ii) the construction of managed lanes from south of IH35E — IH635 interchange to Valley View Lane; (iii) reconfiguration and rehabilitation of general purpose lanes from IH635 to Corinth Parkway; (iv) the construction of direct connectors to Sam Rayburn Tollway; (v) the reconfiguration and / or widening of general purpose lanes and the construction of an additional general purpose lane in each direction from Sam Rayburn Tollway to US380; (vi) the construction, reconstruction, widening or rehabilitation of various frontage roads, interchanges, and bridges; (vii) the construction of a collector - distributor system between President George Bush Turnpike and Sam Rayburn Tollway; (viii) the construction of a new bridge and re-purposing of the existing bridge over Lake Lewisville; and (ix) associated mitigation projects.
If you need financing fast for equipment, vehicles or general business purposes, then a Quick Loan may be for you.
For general purpose personal loans, Prosper lends up to $ 35,000 with rates between 5.99 % and 36 % and terms of three or five years.
In order for us to assist our customers with a particular form or service that is provided or offered on our Web pages we request that our customers voluntarily supply us with personal information, including, but not limited to, email addresses, phone numbers, and mailing addresses for purposes of fulfilling requests inclusive of, but not limited to, assistance with purchase or refinanced mortgage and real estate services in addition to requests for home loan related assistance in general.
The one consideration for not following this general rule of thumb is whether the loan is used solely for the purpose of generating business income and meets Canada Revenue Agency (CRA) guidelines for interest deductibility.
The company plans to use at least 75 % of the issue proceeds for its lending activities and to repay its existing loans and up to 25 % of the proceeds for general corporate purposes.
Funds from short - term business loans can be used for many different purposes, including buying equipment, furniture, inventory, paying employees, and other general working capital needs.
It's designed for a broad range of general - purpose business needs with a maximum loan amount of $ 5 million and the funds may be used for many business need, including:
A personal loan is a general purpose installment loan that an individual can take out from a bank, credit union or other type of lender.
If you take out a general personal loan, the funds will go to you to use for the purpose specified in your application.
In general, in a securitization transaction, a special purpose vehicle, such as a trust, is the owner or assignee of a mortgage loan.
The tasks to complete included cashing a personal check, cashing a pay check, purchasing a general purpose reloadable card and reloading the card, purchasing a money order, inquiring about auto title loans, etc..
In fact, personal loan recipients use the money for «general purposes».
Federal credit unions offer general - purpose secured loans with maximum interest rates of 18 % annually while online lenders can charge as much as 36 %.
The company generated more interest dollars on its card loans than some large issuers of general - purpose cards, including U.S. Bank and Barclaycard US.
In general, there are three categories: Home Equity Conversion Mortgages (HECMs), which are backed by the federal government; proprietary reverse mortgages, which are basically private loans; and single - purpose reverse mortgages, which come together with limitations in terms of what you can spend the money on.
In general, term life insurance is used to cover a short term need, commonly used to cover a business loan, mortgage, or for income replacement purposes.
• Perform general and specific accounting calculations using 10 - key calculators and copy machines • Maintain and balance company books • Handle employee payroll services by calculating salaries and superannuation • Prepare periodic accounting reports and assure their correctness • Assure mathematical accuracy of all posted entries • Classify and summarize numerical and financial data for record maintenance purposes • Perform debit, credit and totaling activities on accounting systems and spreadsheets • Recognize and report discrepancies in accounting data and perform reconciliation duties • Monitor loan and advance statuses and prepare and deposit checks for payment of utility bills • Complete and submit tax forms on timely basis • Calculate and issue bills, invoices and account statements
Net proceeds from the transaction are estimated to be approximately $ 103 million and will be available for general corporate purposes, including potential loan rebalancing in connection with the refinancing of the MPG's upcoming 2013 debt maturities.
Montegra acts as the General Partner of a large Limited Partnership, with the sole purpose of providing private capital to invest in hard money real estate loans for commercial and investment - purpose residential properties.
The general assumption is that non-owner occupied loans are not for consumer purposes, but not always true.
Proceeds from the loan were used to repay approximately $ 161.2 million of ARC's outstanding mortgage indebtedness, related prepayment and other costs, and for general working capital purposes, including the repayment of approximately $ 23.8 million outstanding under ARCT's $ 220 million revolving credit facility with RBS Citizens N.A.
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