Sentences with phrase «liens against your business»

If the score isn't as high as you think it should be, it might be because there are outstanding liens against your business.

In addition to these requirements, OnDeck does require borrowers personally guarantee the loan, and OnDeck will file a blanket lien against the business, but there are no specific collateral requirements.

Not exact matches

The small business can also contact local attorneys to find out about liens, claims, or actions pending against the applicant, and can hire independent accountants to verify financial information.

Like the other major credit bureaus, FICO will also factor any judgments, liens or other derogatory marks against your business into its score.

These statements might include your assurance that the business is legally able to do business in the state, that the business has filed all its tax returns and paid all its taxes, that there are no liens or lawsuits against the business that could affect its ability to pay back the loan, and that the financial statements of the business are true and accurate.

The IRS and New York's tax department have liens against his health - care business for more than $ 300,000 in unpaid taxes.

¶ Within the past five (5) years, has the Business Entity or any Affiliates had any liens, claims or judgments over $ 15,000 filed against the Business Entity which remain undischarged or were unsatisfied for more than 120 days?

Both Credibly and QuarterSpot don't have specific collateral requirements for their loans, and in general, neither company will even file a general lien (UCC - 1) against your business unless the loan is sufficiently large.

Because of their unsecured nature, personal loans differ from auto loans, which come with a lien against the vehicle, and mortgages, which are backed by the asset of the home, says Todd Nelson, business development officer with Lightstream, the San Diego - based online consumer lending division of SunTrust Bank.

UCC liens against specific collateral: This type of lien gives creditors an interest in one or more specific, identified assets rather than an interest in all the assets owned by a business.

This could include how long your business has been in existence, whether there are any liens or judgments against your business, the industry your in, and if you have any current small business loans.

• How to speed up your deals and streamline your short sale package for faster approval using the new «pre - determined» hardship categories • Which current HAFA documents are no longer mandatory and how this will affect your current deals • What new anti-fraud affidavit you must provide both the buyer and seller to verify the HUD1 Statement is at arm's length • The condensed approval timeline servicers, which are now required to use, and how this change benefits your business • How your ability to negotiate will change with the new increase in available incentives for subordinate lien holders • Why you might experience a surge in investor business when the «prohibition against resale» is reduced from 90 to 30 days.