Sentences with phrase «line of credit which»

Responsible for review of multiple banking deals to establish company's first line of credit which was expanded on renewal.

Stripping off a second mortgage or home equity line of credit which is completely unsecured due to a decrease in the value of your home and eliminating this monthly payment.

Line of credit loans provide a number of options, which include a draw on the line of credit at closing, monthly payments, or a line of credit which can be accessed at your convenience.

«Line of Credit» means the overdraft checking line of credit which You applied for in the Application.

The business line of credit works similar to a credit card or a home equity line of credit, and that you are granted a line of credit which you can access as needed.

HELOC stands for Home Equity line of credit which is a loan placed against a home that has a maximum draw and can be used like a credit card.

If you apply for secured line of credit which requires that you provide the financial institution with collateral, you can easily lose the property if you are unable to pay back the credit.

Those with the right credit and financials may also qualify for a line of credit which may have a similar interest rate to the SBA example.

These Terms and Conditions are supplemental to, and do not supersede or replace, any agreement with us pertaining to (a) the Account (including, but not limited to, Your Deposit Terms and Conditions, Account Information Statement, Funds Availability Disclosure and Electronic Funds Transfer Services, all as may be amended or restated from time to time); (b) any BancorpSouth checking or savings account which is a Source (including, but not limited to, Your Deposit Terms and Conditions, Account Information Statement, Funds Availability Disclosure and Electronic Funds Transfer Services, all as may be amended or restated from time to time); (c) any BancorpSouth line of credit which is a Source (including, but not limited to, the promissory note or other credit agreement which is applicable to the line of credit and the security agreements, if any, which secure payment of the line of credit); and (d) any BancorpSouth credit card which is a Source (including, but not limited to, the cardholder agreement which is applicable to the credit card as may be amended or restated from time to time).

Some banks may offer a home equity line of credit which will also be in a second position behind the first mortgage.

If I have a line of credit which I'm using for leveraged investing — can I use this LOC for other uses as well and just calculate which portion of the interest is deductible?

You can pay for all or part of your vehicle with a line of credit which gives you an open pool of funds to draw on at any time, with interest paid only on the amount used.

Minimum line of credit is $ 7,500 with the exception of FreedomQuest Home Equity Line of Credit which requires a minimum line of credit of $ 15,000 and a minimum draw at closing of $ 15,000.

All mortgages have some different features such as pre-payment options and payment frequency or online services or other products such as access to a line of credit which may be of benefit to you and impact your decision in choosing a lender.

Chase just reduced our home equity line of credit which we took out 5 months ago from 63K to 17K.

An additional and often used benefit from owning a home is called a home equity line of credit which can help with consolidating debts or starting a small business.

I was so frightened by the constant calling that I ended up calling the bank that I mortgage with and asking them if they could pay it and some how add it into my mortgage but they rescued me from American Express by giving me a separate line of credit which was used to pay American Express.

Well, yes, it is a mortage albiet a line of credit which by definition means revolving, right?

That is because a home equity loan is (usually) just a second standard fixed - rate mortgage, as opposed to a HELOC or Home Equity Line Of Credit which is a different thing altogether.

Well the situation was a $ 110k line of credit which had a balance of 96k.

Keep that in mind when you're swiping your card next time — they're extending you a line of credit which MUST be paid back.

If you're having trouble with financing your new aquarium, there are certainly a few options short of dipping into the home equity line of credit which is something we don't recommend.

 Almost a quarter of that was the auto aid. It was important for preserving jobs, for sure. But does it count as «stimulus,» in the sense of stimulating expenditure? I don't think so. It was more in the realm of a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffs).

And instead of printing new treasury bonds to give away in exchange for these bad mortgages it would have established simply a line of credit which at first would have been the same thing but the credit would have been repaid not only by the banks that borrowed but by all the banks in the country paying insurance — essentially bank insurance.

Do not focus only on credit card balances, take a deeper look at loan balances and at the lines of credit which do have an impact debt levels.

People often confuse home equity loans and home equity lines of credit which are very different.

If no financial institution is advertising lines of credit which is supposed to be a good source of finance to individuals and businesses alike, then something must be hidden.

You need to have at least two open and satisfactory trades (lines of credit which you've opened and made payments on time) and more than one installment loan within the last year.

Not exact matches

Specifically, Foster said, he had to get $ 50,000 up front, then pay $ 25,000 a month to rent the space from AMC, which would still be the leaseholder — and he had to get a $ 2 million line of credit.

BlackRock began in the headquarters of Blackstone, its first financial backer, which gave BlackRock a $ 5 million line of credit for a 40 % stake.

Often, that translates to employees on the front lines stealing patient medical data or client social security numbers, which can then be sold on the black market or used to commit fraud like collecting someone else's social security benefits, opening new credit card accounts in another's name, or applying for health insurance by assuming the identity of someone else.

The company, which also offers lines of credit in Manitoba, has billed the move as a product revolution.

Your balance sheets will help show the bank the worth of your assets and the strength of your company, which can in turn determine the SBA loan or line of credit amount you qualify for that would best fit your business's needs.

The Financial Consumer Agency of Canada on June 7 released a study on the country's newfound love of home equity lines of credit, which often are referred to by their ugly acronym, HELOCs.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Even if you have exceptional credit, the likelihood of receiving a startup loan or line of credit from a bank without personally guaranteeing it — which you should never ever do — is pretty much zero.

The same goes for homeowners with adjustable - rate home equity lines of credit, which are pegged to the prime rate.

Many homeowners with adjustable rate home equity lines of credit, which are pegged to the prime rate, also will be affected.

«The cumulative effect of interest rate hikes is going to begin mounting,» said Greg McBride, Bankrate.com's chief financial analyst, particularly on variable - rate loans such as credit cards, home equity lines of credit and adjustable - rate mortgages, which could rise within one to two statement cycles.

A credit line, offered by a growing number of barter exchanges, is basically an extension of barter credits, which allow a business to buy essential items from other network members before selling its own goods into the system.

I see no evidence that most Canadians actually pay attention to Carney's sporadic announcements; the available evidence strongly suggests they're influenced more by his setting of the overnight rate, which goes a long way in determining the interest costs on their mortgages and lines of credit.

Further, consumers who utilize more than 50 percent of their credit lines will see their credit scores drop, which lowers not only the cost of personal borrowing but makes borrowing from a bank or other lender more costly.

Business credit cards and business charge cards are very similar to one another — you can use either type of card to make purchases against a line of credit, which has to be paid either partially or in full by the end of the month.

The deposit is nonrefundable, unless the loan closes or line of credit opens, in which case the unused portion of the deposit (if any) will be returned or credited to you after closing.

A secured line of credit is a line in which the borrower puts up collateral as a security deposit on the line of credit.

You may also have an easier time getting approved for a secured credit card, which uses a cash deposit you make upon approval to «secure» your line of credit.

I am bullish on rents going up in the future... mostly in line with inflation, or perhaps even slightly faster due to constricted credit and personal income growth which should provide a solid supply of renters.

A bank like Silicon Valley Bank, which is deeply entrenched in the tech community can provide lines of credit at perhaps a slightly cheaper rate, but they are a retail bank first and foremost, and not a venture debt company.

Because you're transferring your debt from a line of credit to an installment loan, you can actually lower your credit utilization, which can help your credit score — provided you don't add more charges to your credit cards.

Piggybacks are typically home equity lines of credit (HELOC), which are variable rate loans.