In commercial
lending new entities are formed one day before the closing and bankers lend money to them the next day.
Not exact matches
The document, a «small
entity compliance guide,» is meant to clarify
new lending rules for mortgage lenders.
The
new measures now require funds to be more selective in the types of
entities to which they
lend money and to keep more of their money in shorter term loans so that they can more easily return investors» cash in the event of a run.
«On rare occasions a museum might
lend to a nonmuseum
entity in order to advance
new scholarship, especially through a publication; such a show is often tied to a charitable undertaking, given museums» nonprofit status,» Knight wrote.»
In a 1996 Statement of Policy, HUD set forth criteria including whether the
new entity is realistically capitalized and has its own employees, manages its own affairs, and provides «substantial services» typically associated with
lending activities.