Sentences with phrase «loan approval rates»

This is consistent with nationwide statistics, which report business loan approval rates for women are 15 to 20 percent lower than they are for men.

It's important to be aware that after a bankruptcy or a consumer proposal, your car loan approval rates may be higher than average for a period of time.

Financial institutions are notoriously reluctant to provide debt financing to small businesses unless adequate collateral is available - statistically, the small business loan approval rate is less than 25 %.

According to the Biz2Credit Small Business Lending Index, the small business loan approval rates at big banks ($ 10 billion + in assets) increased 17.6 % in December 2013 from 17.4 %.

Biz2Credit noted small business loan approval rates remain stagnant among institutional lenders.

Despite experiencing an uptick in loan approval rates in November, approvals at small banks have stalled, in part because of the backlog of SBA loan processing — fallout from the government shutdown.

Mortgage lenders are making new low - and no - downpayment loans available to today's home buyers; and purchase loan approval rates are markedly higher as compared to earlier this decade.

Studies on actual loan approval rates indicated that women had a lower approval rate, mainly because of negative drivers like suboptimal personal credit scores (due to the tendency to rely on personal financing) and the fact that many businesses run by women tend to be home - run businesses.

During the darkest days of the Great Recession, loan approval rates dropped below 10 %, a result of banks» being very risk averse.

A 2014 survey conducted by the Federal Reserve Bank of New York found that online lenders had a 38 percent loan approval rate.

While loan approval rates are up compared with 2004 levels, loan applications are down significantly, and the falloff has been most dramatic among black and Hispanic applicants.

Small business loan approval rates at big banks ($ 10 billion + in assets) rose to 20 % in June from 19.6 % in May, while approval rates at small banks slipped to 51.4 % from to 51.6 % last month.

Biz2Credit noted small - business - loan approval rates remain stagnant among institutional lenders.

Mortgage lenders are making new low - and no - downpayment loans available to today's home buyers; and purchase loan approval rates are markedly higher as compared to earlier this decade.

Further, loan approval rates at big banks have increased consistently for 10 out of the last 11 months, and a year - to - year comparison shows that they have increased by 12.5 percent.

In June, loan approval rates at credit unions improved slightly to 43.7 % from 43.6 % in May, while approval rates by alternative lenders slipped for the fifth consecutive month to 63.2 % in June, from 63.3 % in May «Entrepreneurs are getting funding from banks at attractive interest rates.

We have one of the most successful SBA Loan departments in the industry: $ 150 + Million secured in SBA loan approvals for our clients 97 % loan approval rating

In October, loan approval rates at big banks and institutional investors improved to record highs of 23.5 % and 63.1 % respectively, according to the Biz2Credit Small Business Lending Index.

Yet, while home loan applications declined between 2004 and 2015, loan approval rates (the share of applications that are ultimately funded or originated) increased during the same period among all applicant groups.