Sentences with phrase «loan facility with»

Key Highlights: • Orchestrated the cleaning and updating of the financial records of the company in preparation for successful additional funding request through a new asset based loan facility with a new lender.

You can avail loan facility with your whole life insurance policy.

Cobbetts has negotiated loan facilities of # 10.5 m in an effort to avoid a partner cash call The firm renegotiated a bank loan facility with RBS in Janaury, which comprises a # 2.5 m overdraft and a # 6.5 m term loan secured by a debenture over the assets of debt recovery business Incasso - a wholly - owned subsidiary of Cobbetts.

The firm renegotiated a bank loan facility with RBS in Janaury, which comprises a # 2.5 m overdraft and a # 6.5 m term loan secured by a debenture over the assets of debt recovery business Incasso — a wholly - owned subsidiary of Cobbetts.

But in his response to the Chairman's lamentation, Kwaku Agyemang - Manu indicated that the approval of loan facility with African Development Bank has been procured and all that's left is the value for money report.

VDM Group has finalised terms for an $ 18 million loan facility with its largest shareholder to fund an investment in a copper project located in the Republic of Angola.

As of December 31, 2013, the Company had term loan facilities with a financial institution totaling $ 26.0 million consisting of a $ 14.0 million revolving line of credit, a $ 3.0 million senior term loan, and a $ 9.0 million mezzanine term loan facility.

Stevens & Bolton has advised Metropolis International, a fast growing media and technology group, on its acquisition of 11 former Emap magazine business - to - business brands and on the amendment of its term and revolving loan facilities with Lloyds.

Not exact matches

Window blinds manufacturer and retailer Kresta Holdings has been provided with a CNY50 million ($ A10.6 million) loan by its Chinese parent company to pay off an existing facility and expand its east coast manufacturing operations.

The bank is, in common with its American counterparts, concerned about people using its credit facilities to buy cryptocurrencies and then not being able to pay back the loan, due to rapid depreciation in the virtual currencies.

Engineering company Monadelphous Group has provided its joint venture partner AnaeCo with a $ 4.6 million loan facility to help fund the remaining cost of the company's WMRC project in Shenton Park.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

Note 3: We recorded additional interest expense related to the amortization of debt issuance costs affiliated with our Term Loan Credit Agreement and ABL Facility.

NMG may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

On February 8, 2013, we entered into a repricing amendment with respect to the Senior Secured Term Loan Facility.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

We may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

India's public sector National Hydroelectric Power Corperation (NHPC) has made a pact with Export Development Corporation of Canada (EDC) for a C$ 175 million loan facility.

«This credit facility provides OnDeck with long - term committed funding to support future loan growth.

Venture lenders (individuals or groups with a pool of money, or specialized banking organizations)-- they may provide term and short - term loans to technology businesses earlier than these loans would become available from traditional financial institutions; however, these loan facilities are usually reserved for businesses that have received venture capital investment and / or can demonstrate their ability to make loan payments from cash flow.

Grants or small loans could be part of the plan to help facilities with the expense, she said.

However, in January 2010, we issued a warrant to the DOE in connection with the closing of the DOE Loan Facility to purchase shares of our Series E convertible preferred stock.

We expect that the New Credit Facility will contain a number of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself, engage in businesses that are not in a related line of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases of management equity); engage in transactions with affiliates; and make investments.

LLC, SunTrust Robinson Humphrey, Inc., and Deutsche Bank Securities Inc., which allows us to borrow up to $ 180.0 million in revolving loans, and the Cash Flow Facility with four lenders, including affiliates of Morgan Stanley & Co..

In connection with the Offer, in August 2011, HP entered into a new # 5 billion ($ 8.2 billion) 364 - day unsecured bridge term loan agreement (the «Bridge Facility»).

DataBank completed a $ 410 million term loan B credit facility, providing the company with additional capital at a lower cost.

P2P loans (peer - to - peer loans) and invoice financing facilities are a real alternative to bank loans for business or SME owners to borrow money, and investors can invest in such loans and invoice financing as an alternative to the financial products of the banks with attractive potential returns.

Borrowers can benefit from SME loans, invoice financing and factoring facilities with reasonable interest rates.

Ray focuses on financial services and commercial real estate, with a specialization in negotiated private placements of term asset - backed securities, warehouse credit facilities, whole loan transactions, subordinated debt financings, and other transactions for specialty finance companies and commercial real estate.

The vast majority of borrowings are under an evergreen loan facility and as at the close of the financial year were priced at just over 3 per cent, in line with commercially available market rates,» said the company.

Purchase or refinance of owner - occupied commercial real estate, facilities expansion, working capital, or equipment purchases with a mortgage loan secured by commercial property.

New facilities included «honeymoon» loans, a wider range of fixed - rate loans and the introduction of «basic» loans at substantial discounts to the standard variable - rate home loan, with similar conditions to those offered by mortgage managers.

If you get into difficulties with your first time credit card then your credit history will already suffer, and you can find it harder to get a bank account, credit facilities, loans and even a mortgage in future.

It provides its corporate customers with traditional banking products and services, such as deposits, lending (including overdraft facilities), check cashing advances and factoring, guaranteed loans and credit lines for financing foreign trade and cash management services.

«At Directed Capital we are always looking to provide solutions for Main Street that traditional lenders do not have the capability or flexibility to assist with,» said Directed Capital's CEO Chris Moench, who has specialized in acquiring and repositioning debt for more than 25 years, «With the increase to our credit facility from our longtime lender Goldman Sachs, we were able to acquire these FDIC loans and expect to continue our long tradition of helping borrowers re-access traditional financing channels, while providing investors with superior returns typically uncorrelated with the marwith,» said Directed Capital's CEO Chris Moench, who has specialized in acquiring and repositioning debt for more than 25 years, «With the increase to our credit facility from our longtime lender Goldman Sachs, we were able to acquire these FDIC loans and expect to continue our long tradition of helping borrowers re-access traditional financing channels, while providing investors with superior returns typically uncorrelated with the marWith the increase to our credit facility from our longtime lender Goldman Sachs, we were able to acquire these FDIC loans and expect to continue our long tradition of helping borrowers re-access traditional financing channels, while providing investors with superior returns typically uncorrelated with the marwith superior returns typically uncorrelated with the marwith the market.

«We are doing our best and engaged with our bank to have a [loan] facility in place not just for one year but for many years to come so we can operate in comfort,» he said.

We can loan him out for a couple of seasons so yes we can blame him, we gave him a great chance in life, worked with people who put allot of time into him and who gave him second to none type facilities.

The Commissioner said that in addition, local lenders, whose interest rate was 18.5 per cent at the consummation of the facility, offered a 12 per cent haircut and also fully paid with a restructured loan at 13.5 per cent, thereby creating a savings of N8.7 billion for the Government.

The Kasoa interchange is fully financed by a loan facility from the Brazilian government with construction done by a Brazilian company Queiroz Galvao.

Loan assistance of up to $ 5,000 is available to assist with items such as access ramp installation, re-plumbing kitchen and bath to provide access to facilities, and installing a hard surface walkway from the ramp to where the vehicle is parked.

A consortium of some foreign and Nigerian banks, including Guaranty Trust Bank, Access Bank and Zenith Bank, have been having a running battle with the mobile telephone operator, over a loan facility totalling 1.72 billion dollars (about N541.8 billion) obtained in 2015.

Omni Housing Development LLC, with affiliated companies Omni Development Company, Inc., and Omni Management Group Ltd., provides a wide array of services, including project feasibility and market analysis, project finance including loan, tax credit and grant application and processing, financial and land use planning & analysis, design / build and facility management.

«This structure would ensure all Bank of England loan facilities to the company are repaid in full, with interest, upfront, as soon as the funds are raised.»

«The major pillar to our economic activities within the Tamale Metropolis has to do with retail and wholesale trade and so there shall be a Business Advisory and Consultancy Centre to deal with issues having to do with loans and credit facilities for all businesses.»

While Ghana Cocoa Board asked lenders for a 10 - year facility, the banks indicated that they will consider loans for as long as five years, according to two people familiar with the matter.

Later in the day, she teamed up with fellow Democrat Congressman Sean Patrick Maloney in Orange County, at the Hudson Valley Technology Development Center in Newburgh, where she discussed how her legislation would create a competitive program that awards states and regions with funding to support local manufacturers through low - interest loans to build new facilities and upgrade equipment, and give access to capital and technical assistance to develop exporting opportunities and to connect small suppliers with larger companies.

However, a handful of proposals, such as one from California company Fulcrum BioEnergy to build a plasma gasification facility outside Reno, Nev. — with the help of a $ 105 million loan guarantee from the U.S. Department of Agriculture — appear poised for completion within the next couple years.

In connection with the termination of the Loan Agreement, the Company executed a non-binding term sheet with a third - party lender for a new $ 25M credit facility consisting of a $ 15M term loan and $ 10M revolLoan Agreement, the Company executed a non-binding term sheet with a third - party lender for a new $ 25M credit facility consisting of a $ 15M term loan and $ 10M revolloan and $ 10M revolver.

More recently, we worked with fellow members of the Central Falls District Charter Compact to secure a $ 10 million program - related investment (PRI) loan from the Bill & Melinda Gates Foundation to support facilities development in partnership with the nonprofit charter - school facilities developer Civic Builders.