Sentences with phrase «loan facility»
A "loan facility" is a type of financial arrangement in which a lender provides funds to a borrower for a specific purpose. The borrower can withdraw money from this facility whenever they need it, up to a certain limit. It is like having a pre-approved loan that can be utilized whenever required, with the advantage of paying interest only on the amount borrowed. Full definition
For first plan, a person can not apply for loan and second plan does not provide loan facility.
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Developed and managed an existing loan portfolio of $ 32 million consisting of approximately 100 individual commercial mortgages, lines of credit and term loan facilities.
Today many lending institutions offer various loan facilities for consumers with poor credit rating.
The plan also offers loan facility on accrued surrender value.
You can avail loan facility with your whole life insurance policy.
With this plan, you can avail loan facility and can also enhance the life cover with optional riders.
The fund's index tracks the 100 largest bank loan facilities — floating - rate, high - yield senior debt issued by banks to companies.
In addition to this, the policyholder also gets the benefit of bonus and loan facilities under this plan.
In addition, this plan also takes care of liquidity needs through loan facility.
The add - ons with the account include nomination facility, premature closing facility and loan facility against deposit up to 90 %.
This scheme also makes certain the liquidity requirements via loan facility.
It also offers loan facilities in cases of financial emergencies along with riders to enhance protection.
A poor rating prevents you from accessing loan facilities offered by institutional lenders but that is not the end of the road.
This plan provides auto cover facility i.e. it takes care of liquidity needs through its Auto cover as well as loan facility.
Additionally there is an accidental rider, high sum assured discount, bonuses and loan facility available under this child plan.
This, and the related loan facility, make no sense whatever from a shareholder or business perspective.
People who are still interested in purchasing a four - wheeler can do it smoothly with the help of newly introduced loan facilities.
Like in its previous two loan facility judgments, it also does not make notable points on questions of European law, in particular on the provisions on economic and monetary policy.
I got an SMS stating loan facility as an exclusive benefit for a life insurance plan.
For first plan, a person can apply for loan and second plan does not provide loan facility.
You can avail loan facility, provided the policy has acquired a surrender value and subject to terms & conditions specified.
You can also choose a plan that provides an option of yearly pay out and loan facility in case of any emergencies.
Signed Heads of Terms to put in place a secured convertible loan facility of up to $ 5.1 mio (GBP 3.2 mio).
February 10: The U.S. Fed expands the Term Asset - Backed Securities Loan Facility (TALF), which lends money to investors to buy securities backed by loans, thereby allowing banks to provide more loans.
Acted for a Californian bank in connection with syndicated term and revolving loan facilities of up to $ 61m.
A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policy year.
He further added that loan facility on policies can also be easily availed for the convenience of the customers who have been adversely affected by the calamity.
Credit Suisse AG, Cayman Islands Branch, as lender, in a $ 50 million secured revolving loan facility created to fund the purchase of loans facilitated through the Prosper marketplace platform by a Garrison - owned SPE borrower.
Axis Banks offers personal loan facility which is flexible, quick and requires minimal documentation.
Now, I wrote the above while on a plane heading from LA to Baltimore, so I only found out about the Fed's announcement about their term loan facility when I got home this evening.
Our multi-disciplinary team delivers bespoke and flexible solutions advising on a whole range of financing transactions, from basic secured lending to drafting and negotiating complex syndicated loan facilities including refinancing existing facilities, revolving credit facilities and intercreditor issues.
Rather interestingly, in November, they announced a new loan facility of up to $ 100 M from the IFC.
MCAP provides postponed and subordinated equity and mezzanine loans to help you meet your financing obligation as required by other MCAP loan facilities or by other Lenders in the marketplace.
The policy provides loan facility after the policy acquires a Surrender Value with a minimum amount of Rs. 1000
Dr. Barhama also pledged to establish a Business Advisory and Consultancy Centre to cater for loan facilities needed to boost the economic activities of Small and Medium Scale Enterprises operating in Tamale central.
Digital Realty said it had a fully committed bridge loan facility from Bank of America / Merrill Lynch and Citigroup to finance the deal.
«On further inquiry, we found out that they mangled the fact that the loan is 2015 general election motivated; by dishing out the lame excuse that the loan is to enable Governor Chime's administration complete ongoing projects and also offset previous loan facility obtained from a new generation bank, which interest rate was jerked up astronomically.
«Governors expressed appreciation to the Federal Government for the restoration of the Budget Support Loan Facility for July and August 2017,» he said.
Ghana on Wednesday [September 21, 2016], signed the 1.8 billion dollars loan facility for cocoa purchases for the 2016/2017 crop year.
Clyde & Co has advised the Zulekha Hospitals Group on obtaining a USD 24 million convertible loan facility from the IFC (a member of the World Bank Group), and on a major restructuring of the
Leading offshore law firm Appleby acted as Bermuda and BVI counsels to China Orient Asset Management (International) Holding Limited (COAMI) in relation to a HK$ 560 million term loan facility granted by Ample Mark Enterprises Ltd. (Ample Mark), a wholly - owned subsidiary of COAMI, to Skyfame Realty (Holdings) Limited (Skyfame).
It is assured under the section 10 D. Loan Facility: You can take a loan against the Jeevan Tarun policy in need.
Aaron joined the Central West MCAP branch in January 2007 as a junior analyst focusing primarily on underwriting of new commercial construction loan facilities.
The company's total outstanding loan facility now...