Sentences with phrase «loan guarantee»
A loan guarantee is a promise made by a third party to repay a loan if the borrower is unable to make the payments. It provides assurance to the lender that they will still receive their money back even if the borrower defaults on the loan. Full definition
The current environment has made initiatives, such as the federal loan guarantee program, even more critical to the successful development of nuclear facilities.
scientificamerican.com
He said he did so in exchange for lucrative county contracts and millions in indirect loan guarantees by the town.
The nuclear energy industry has already called out for $ 25 million in loan guarantees for 2007 and another $ 25 billion for 2009.
He said he knew he needed to get loan guarantees from the town to arrange funding to make improvements.
Nevertheless, even with the help of loan guarantees, lenders are still reluctant to do business with any but the most sophisticated of charter school operators.
Instead, $ 1.6 billion came from federal loan guarantees.
Yes we must get credit flowing through the veins of the economy through a proper national loan guarantee scheme.
Income limits to qualify for a home loan guarantee vary by location and depend on household size.
The bill will contain a nuclear title providing loan guarantees and liability protections for the construction of up to 12 plants.
The national loan guarantee scheme will take a few months to get underway, however.
The nuclear industry, too, has benefited from billions of dollars in subsidies — including loan guarantees — over the last half - century.
He noted that the government has already offered loan guarantees to companies that are ready to build new nuclear power plants.
Otherwise there are always other options like secured loans guaranteed with the vehicle or even unsecured loans.
To mitigate the risks that are attached to these loans, creditor end up applying huge interest rates on bad credit loans guaranteed approval decision.
On a local level, some districts have even extended loan guarantees to charter schools.
He pointed to the agency's program on technology loan guarantees, which has in the past proved too short - staffed to monitor the loans it makes.
And federal production tax credits and loan guarantees also have been designed to promote new projects.
There are two main types of mortgages: a conventional loan guaranteed by a private lender or banking institution, or a government - backed loan.
The debate should be about how best to use loan guarantees or tax incentives or regulations to support competitive, innovative technologies and it's a debate that needs to happen now.
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Further loan guarantee funding opportunities could then lose political support, holding back the industry unfairly.
On the other hand, loan guarantees like the one Cool Planet has received are not without their risks.
Income limits to qualify for a home loan guarantee vary by location and depend on household size.
Every car loan is unique, which is why only approval for a car loan guarantees your ability to finance your purchase.
Another advantage to going through a bank is that they are often backed by government - sponsored loan guarantees.
To verify your credit and identity for such things as student loans and other loan guarantee programs.
A payday loan guarantees that one can sort out the immediate cash needs and go back to dealing with other pressing issues.
These include cash grants of up to 30 percent of construction costs in lieu of investment tax credits and hefty loan guarantees of $ 1 billion or more in some cases.
The only time an extra loan guarantee would matter in that situation would be in the case of an apocalyptic decline in the fair market value of the home.
30 - Year loans guarantee that in the first 23 years of the loan, more interest is paid off than principal, meaning larger tax deductions.
A string of new nuclear plants were being planned and there were loan guarantee programs in place from the federal government to make their construction possible.
Aside from legal fees, the town could be on the hook for millions of dollars of loan guarantees.
Take a deep breath, because what I'm about to tell you may be shocking: Loan guarantees for energy have been successful, cost - effective investments.
There are two main types of mortgages: a conventional loan guaranteed by a private lender or banking institution, or a government - backed loan.
Or it can offer loan guarantees and fast - track licensing for anyone who wants to build a nuclear plant.
Part of that new law includes a requirement to help qualified homeowners avoid foreclosure through federal loan guarantees and credit enhancements.
And he defended the DOE loan guarantee program in general, though I wish he'd done it in a way that made sense to more than a couple energy wonks watching.
The VA Loan Guarantee program guarantees mortgages made by approved VA lenders to military personnel and their spouses.
Experienced with underwriting, loan processing and closing of SBA loan guarantee programs.
The ethanol industry would also benefit, with $ 2.5 billion in new research money to create more efficient biofuels as well as loan guarantees for building new ethanol pipelines and tax breaks for biofuel, electric and hydrogen refueling stations.
Singh previously has pleaded not guilty to a separate indictment involving charges of fraudulently obtaining the more than $ 20 million in indirect loan guarantees from Oyster Bay through bribery.
On June 18, Southern Co. accepted a $ 3.4 - billion conditional loan guarantee from the U.S. Department of Energy for the twin Plant Vogtle reactors and continues early site construction.
But that project was only possible with loan guarantees from the Department of Energy, Milner said.