Sentences with phrase «intended uses of the loan»

DeFrancisco said he was concerned the Cuomo administration had «fudged» some of the intended uses of the loan because they had nothing to do with environmental projects and said it was all an attempt to put off a toll increase announcement.

What is your intended use of the loan proceeds?

Not exact matches

If the loan is intended to purchase some kind of asset, like a piece of equipment or real estate, the lender might use the asset being purchased as collateral.

If the small business loan is intended to purchase some kind of asset, like a piece of equipment or real estate, the lender might use the asset being purchased as collateral.

According to the National Small Business Association, 73 percent of small businesses used financing in 2016, and many indicated they intended to seek a business loan.

Mackintosh approved a loan, which was intended to be used to redevelop the club's stadium, while he was leader of the local council but the work was never carried out and the money has not been repaid.

As his money problems mounted, Singh allegedly bribed Oyster Bay officials to guarantee millions of dollars in loans that prosecutors said were used for operating expenses of other businesses rather than the capital expenses at town facilities for which they were intended.

The Education Corps is designed to provide tutoring and after - school support but not necessarily to train future teachers.92 The VISTA program matches corps members with a nonprofit organization to perform capacity building and provides yearlong stipends, but it is not intended for provision of direct services.93 The Professional Corps, which specifies teaching as one of its qualified positions, allows participants to access Segal AmeriCorps Education Awards — which recipients can use either for loan forgiveness or for paying tuition and other qualifying educational expenses — but increases residency program costs because residents are prohibited from receiving stipends through AmeriCorps and must therefore be paid through their program or the school district.94 None of these programs were designed for supported entry specifically; thus, programs dedicated to providing a gradual on - ramp to the teaching profession can sometimes find it hard to meet their definitions and requirements.

The DOT urges all applicants, and particularly those intending to use tax - exempt bonds in connection with direct loans or TIFIA lines of credit, to consult with the Internal Revenue Service, the U.S. Department of the Treasury, and / or bond and tax counsel.

Most lenders will want to know the specifics of how you intend to use the loan and could ask for collateral to secure the loan.

If the small business loan is intended to purchase some kind of asset, like a piece of equipment or real estate, the lender might use the asset being purchased as collateral.

To combat this, make a detailed list of what you intend to use the loan to pay for and how much each line item costs.

For the purposes of an FHA loan, it is an owner occupied home, which means that the borrower must intend to use the home as their primary residence.

Some people will even take out loans without any plans of using the money the way they were intended to.

The User's Guide to Moody's Covenant Quality Snapshots is intended to help readers of snapshots make full use of their summaries and analyses: A User's Guide to Moody's Covenant Quality Snapshots Moody's Covenant Quality Snapshots for Canadian Issuers Moody's Pre-Closing Loan Covenant Quality Snapshots

Like cash from some secured loans, personal loans can generally be used for any purpose — according to data from LendingTree, MagnifyMoney's parent company, nearly 34 % of personal loans are intended for debt consolidation and just under 33 % are targeted toward credit card refinancing.

The student loan company intends to use the money to add 285 new jobs to the state of Delaware by 2020, while also renovating a 57,000 square - foot office in Delaware to house a modern call center.

The Envest Loan may be used to purchase shares in start - up or expansion of ag processing businesses intended to process ND - grown products.

If the loan is intended to purchase some kind of asset, like a piece of equipment or real estate, the lender might use the asset being purchased as collateral.

However, these other forms of credit are intended for long - term use — the payday loan is not.

There is a surge of popularity for the Government's array of «help to buy» support schemes, with many first time buyers intending to make use of the Help to Buy Isa (38 %), Lifetime Isa (12 %), Help to Buy Equity Loans (10 %) or the Help to Buy Mortgage Guarantee Scheme (13 %).

• You met a friend / fiancé online • You've never met face to face • Your correspondent professed love at warp speed • Your friend / fiancé is plagued with medical problems requiring loans from you • You are promised repayment upon the inheritance of alluvial gold or gems • You've sent large sums for visas or plane tickets but the person can not seem to make it out of Ghana • When your friend does try to leave the country, h / she is detained by immigration officials demanding payment or bribes • Your correspondent consistently uses lower case «i's» and / or grammar not in - keeping with their supposed life station or education level Cases bearing these and other hallmarks have all proven to be scams intended to separate sympathetic people from their money.We advise Americans not to send money to people they have never actually met.

Commercial / Business Purpose Loan — This type of loan is secured by investment or owner - occupied properties such as warehouses, industrial buildings, retail shops, apartment houses, office buildings, or land that is intended for commercial or business Loan — This type of loan is secured by investment or owner - occupied properties such as warehouses, industrial buildings, retail shops, apartment houses, office buildings, or land that is intended for commercial or business loan is secured by investment or owner - occupied properties such as warehouses, industrial buildings, retail shops, apartment houses, office buildings, or land that is intended for commercial or business use.

The obvious (and pretty much only) use of a hard money rehab loan is to pay for renovations on a house or apartment building you intend to flip or rent.

VA Loans can be used for many different types of purchases as long as the property is intended to be used as your primary residence.