Sentences with phrase «loan granted by»

Behind - the - scenes, though, the iPhone Upgrade Program is actually just a short - term, zero - interest loan granted by Citizens One Bank.
A small business loan is a one - time loan granted by a bank or alternative lender for a particular purpose.
One result showed that the number of loans granted by fintech firms rose significantly in the given timeframe.

Not exact matches

The process of granting loans to businesses is regulated by the Federal Trade Commission (FTC) to ensure fairness and guarantee nondiscrimination and disclosure of all aspects of the process.
By the end of 2010, the fund, which has offices in Prague and New York City, had provided $ 104.3 million in loans, investments, technical assistance, and grants to 36 outlets in 26 countries, and had earned $ 35 million in interest and dividends.
In her interview, Bair, a moderate Republican appointed by President George W. Bush, described a long - standing industry resistance to granting home loan modifications — a resistance that she first tried to overcome, unsuccessfully, just before the housing bubble burst in 2007.
Low interest rates translate into lower profits when banks make loans, and all too often this curtailed their incentive to grant funding requests made by small business owners.
It is paid for by the borrower, and allows lenders to grant loans that they otherwise would not consider.
A counterargument, however, is that while federal support may be warranted, the substantial revenues gained by eliminating or limiting the deduction could be used to provide direct support through federal grants and loans.
By the middle of March, there were 715 households in FEMA - funded hotels and 3,749 Small Business Administration low - interest disaster loans - the majority granted to homeowners and renters.
Following an initial (very) small grant from an NGO, the bank's operations are funded by a) interest from microcredit loans (up to 3.5 % monthly but also as low as 1 % depending on size of and purpose of loan) b) fees from the corresponding bank (i.e. Banco Palmas acts as local agent for regional bank to widen access to banking services), and c) commission for changing Palmas to Reais16.
Provide grants, business loans, or services to strengthen neighboring small businesses that may be impacted by development, including storefront improvement projects, commercial lease review, accounting, and business planning; and
take a small amount of financing either through a government grant program, a loan, or by selling an ownership interest in the technology to a third party; do this in order to further develop the technology and increase the likelihood of a successful licensing outcome (or to maximize the value of a licensing deal)
Remember, unlike PSLF, loan forgiveness granted under an IDR plan is considered taxable income by the IRS.
In the past, our General Counsel was permitted to grant an exception to this policy on a case - by - case basis for an officer or director who clearly demonstrated the financial capacity to repay the loan without resorting to the pledged shares.
Debt - crippled Greece has been kept afloat by huge international rescue loans, granted on condition of harsh cutbacks and reforms that slashed living standards that have driven the country into political stalemate.
Granted, there is no direct connection between the interest rate controlled by the Fed and those used for consumer loans.
Peer - to - peer loans are loans granted to businesses and individuals by several private investors through the use of an online peer - to - peer lending platform.
The CFBP has found that some loan servicers may thwart early paydowns by extending your loan term or granting you a «payment holiday.»
In the first complaint, the SEC charged Falcone, Harbinger and Peter Jenson, a former Managing Director and Chief Operating Officer of Harbinger, with violations of the federal securities laws in relation to the misappropriation of client assets (through the making of a $ 113.2 million loan from a fund managed by Harbinger to Falcone to pay his personal taxes) and the granting of undisclosed preferential redemption rights to certain investors.
A way that Grant was able to become a millionaire is by investing when he could have paid his student loans off.
It has long been accepted by the United Nations and in most international forums that «developed» countries should provide aid in the form of grants and loans to the developing countries.
Expect Avram Grant to be sitting pensively by his phone whilst eyeing Chelsea youngsters to bring to the club on loan!
The bill, largely the same as the version introduced last Congress, would give school districts and food service administrators the tools and resources they need to prepare meals that meet the updated USDA school food standards by providing loan guarantees for kitchen infrastructure and equipment upgrades, authorizing grants for small but critical equipment purchases, and supporting innovative training opportunities to strengthen the school food service workforce.
An amount of GH cents 3.6 billion has been budgeted fromforeign financed capital expenditure and this will be funded by a combination of donor project grants and project loans.
Businesses are helped through credits applied to their state income taxes, not through the usual grants and loans given by state officials.
January 2010 to December 2013: Prosecutors said Singh is granted a loan for $ 20 million guaranteed by amendments to concession agreements with Town of Oyster Bay.
to consider a total of $ 559 million in grant and loan requests by Empire State Development Corp., the state's economic development arm.
a) the value of any imported goods; b) the value of any imported services, including management services; c) any amounts remitted out of Zambia whether unrequited (gratuitous) or otherwise; d) the amounts, if any, deposited abroad but generated by a person resident in Zambia from the supply of goods produced or services rendered in Zambia; e) loans granted to non-residents; f) trade credits from non-residents; g) investments made in the form of equity outside Zambia by persons resident in Zambia; and h) investments made in the form of debt securities outside Zambia by persons resident in Zambia.
TPU assists New York State Homes and Community Renewal Housing Finance Agency in the eligibility determination of potential landlords for entitlement to state loans / grants / tax credits, by investigating and vetting a potential landlord's financial soundness and mortgage holdings for signs of overleveraging within their portfolios or allegations of increased tenant turnover through harassment.
It said it was also false that a fresh N25 billion loan was applied for; saying that; «the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.»
At 1 p.m., the same trio of House members will join city Small Business Services Commissioner Robert W. Walsh to call for FEMA to extend deadlines for small businesses affected by Hurricane Sandy to apply for grants and loans.
It would also allow borrowers to refinance their federal and private student loans, and increase the maximum amount of federal Pell grants by $ 1,300.
In August 2014, when Percoco's balloon mortgage granted by Eisner's company was coming due, Percoco refinanced with an $ 800,000 loan from GuardHill.
On April 26, 2011, Empire State Development approved of a $ 1 million grant and a loan of up to $ 2 million for a company created by Falcone's Pioneer Cos. to build an office building and parking garage in Syracuse and create 300 jobs.
The mayor also took a step in the right direction Saturday in announcing a public - private plan to make the loans less daunting by tying them to matching grants.
If you sum the cost of all the infrastructure expenditure undertaken by this NDC government from loans, grants and taxes between 2009 and 2015 it is less than $ 7 billion.
Major money is headed to the Buffalo City Mission for its work to help the homeless in the region: The mission received a $ 3.26 million grant from the Federal Home Loan Bank of New York, sponsored by M&T Bank.
In 2015, the IDA was informed by the New York State Authority Budget Office of the State Comptroller's Formal Opinion No.2014 - F1 which stated that Industrial Development Agency's did not have the legal authority to create subsidiaries for purposes outside of those specifically authorized in their enabling legislation and that IDA's are not authorized,» to make grants or loans of its money to any type of entity.»
Using grants of up to $ 4,000,000 and a loan of up to $ 5,000,000, 233 West 125th Street Danforth, LLC, a special purpose entity owned by Danforth Development Partners LLC, and its development partners will oversee part of the construction of a mixed - use facility.
Speaking at a public lecture titled, «The State of the Ghanaian Economy — A Foundation of Concrete or Straw», chaired by Former President John Agyekum Kufuor, Dr. Bawumia revealed that, the total cost of infrastructure from loans, grants and taxes from 2009 to date, is around 7 billion dollars, whereas government has borrowed in excess of 39 billion dollars.
Republican leaders in the Connecticut General Assembly are criticizing plans by Democratic Governor Dannel P. Malloy's administration to approve a $ 22 million loan and grant package for one of the world's largest hedge funds.
On the controversial N852.9 State Universal Education Board (SUBEB) fund, the commission said it was clear that the Government of Dr Fayemi hoodwinked the federal government into paying its own matching grant by obtaining N852, 936,783.12 loan from Access Bank on November 25, 2013 without perfecting documentation in respect of the loan, thereby flouting the provisions of Section 11 (2) of the UBEC Act, 2004.
As the letter written by the governor of Ekiti State, Ayodele Fayose to the people and government of China cautioning them of the danger behind granting a $ 2billion loan to the Buhari administration generates controversy, the leader of the House of Representatives, Femi Gbajabiamila has written Mr. Xi Jingping urging him to disregard the said letter, saying that it was a handiwork of a «meddlesome interloper» who is over-reaching his constitutional bound.
«The only fresh loan taken by the government of Fayose was the N10bn grant from the Excess Crude Account, which was released to all states for capital projects, N2.8 bn requested from the Wema Bank to pay the State Universal Basic Education Board counterpart fund out of which N1bn has been accessed and N600m for MDGs counterpart fund, which has been repaid.»
According to the statement, «As at today, the only request for approval from the Executive for loan was the one dated January 27, 2017 and signed by Acting President, Professor Yemi Osinbajo seeking a «resolution of the National Assembly For the Issuance of USD 1 Billion EuroBond In the International Capital Market For The Funding of the 2016 Budget Deficit» and we immediately granted the approval.
Since lead dust and paint chips inhaled and eaten by children often come from raising and closing old windows, the county is also earmarking $ 436,838 in leftover funds from earlier years of the lead prevention and remediation program to give out low - interest loans or grants for window replacements, based on a sliding income scale, over the next five years.
Supported by a $ 500,000 grant from the Danish Energy Agency and another million dollars in loans, Samsø Energiselskab began building in June 2002 a second plant to generate heat by burning straw — the stalks and husks of corn harvested on the island.
Shortly afterward the state launched the Massachusetts Life Sciences Center (MLSC), which promotes biotech in the state in various ways, notably by giving grants and loans to companies at a critical stage.
So far, USDA's Farm Service Agency has been helping farmers in California by granting emergency loans and approving requests for emergency grazing.
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