Sentences with phrase «loans against an asset»

The vast majority of lenders, including the big banks, tend to secure loans against an asset.

Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house.

My opinion is that nothing will change with a new manager, Silent Stan will still want to make profit to increase his wealth and as such allow him to buy more by securing loans against his assets.

Many people find this type of lending to be an easy way to borrow money without having to secure a loan against an asset like a property or a vehicle.

A debt consolidation company will usually look to secure larger loans against an asset such as your home (the interest payable on an unsecured loan will be much higher), which means that it will be at risk if you do not keep up with repayments.

Some lenders require you to secure your loan against assets, which may include your home.

You can often lower the rate if you secure the loan against an asset, such as your house.

The most common type of loans that are covered under this plan is Home Loans, Education Loans, Car Loans, Commercial Vehicle Loans & Business Loans, Personal Loans and Loans against assets.

Not exact matches

There is a push afoot to force banks to hold higher levels of capital against their loans and other assets, in the belief that more capital makes a bank less likely to fail.

«We are lending against collateral - your receivables - and while a bank may take assets as collateral they are really looking at historic cash flows and your ability to repay the loan.»

The ranking was based on five factors: Tier 1 capital compared with risk - weighted assets; nonperforming assets against total assets; loan - loss reserves to nonperforming assets; deposits to funding; and efficiency, a measure of costs to revenue.

They will want to see a section detailing collateral, or assets to pledge against the loan.

If nobody will lend to you, securing loan against your business assets can be a great option.

Pro: Since the loan is secured against an asset, no credit check is required and the credit agencies are not informed about the transaction.

«I didn't have any tangible assets that I could put up against a loan.

It is also important to note that liabilities, such as outstanding bank loans, guarantees, lease agreements and payments to suppliers are usually not insured, leaving the personal assets of business owners pledged against these liabilities, and potentially leaving family members in financial distress.

If you have some assets, you might consider borrowing against them with a secured loan to consolidate your debts.

The federal loan servicer can also pursue wage garnishment against you or take legal action, which can prevent you from purchasing or selling assets like a home.

The great bulk of these loans were extended mainly against assets already in place, inherited from the Soviet period.

If your cash flow is squeezed and you miss loan payments, your assets may have a lien placed against them.

As you look for a lender, consider the type of loan you need, whether you have any assets to pledge against the loan, and the other factors that will determine your ability to get a business loan and the terms of that loan.

On asset quality, gross non-performing assets (NPAs) stood at 0.33 per cent of the loan assets as on March 31, 2018 against 0.22 per cent as on March 31, 2017, the company said.

Asset prices reflect whatever banks will lend against them, so easier credit terms (such as lower interest rates, lower down payments and more time to pay back loans) increase the asking prices of everything else.

Net NPA stood at 0.25 per cent of the loan assets as by end - March, 2018 against 0.15 per cent in the same year ago period, said the PNB subsidiary.

Mortgage lenders must weigh the borrower's income and assets against (A) the expected mortgage payments; (B) other expenses relating to the mortgage, such as home insurance and property taxes; (C) payments for other loans associated with the property, such as a second mortgage; and (D) all other recurring debt obligations.

Loan - to - value ratio, or LTV, measures the balance of an outstanding loan against the value of the asset that the loan purchaLoan - to - value ratio, or LTV, measures the balance of an outstanding loan against the value of the asset that the loan purchaloan against the value of the asset that the loan purchaloan purchased.

We can then hope that Kroenke sells up to someone who cares about the club, not asset strippers or glory hunters buying the club with borrowed money using the club as security against the loan.

By Paul Nicholson March 4 — The five - year long New York court case following the sale of Liverpool Football Club to Fenway Sports Group revealed this week former owner George Gillett Jr is still paying # 125,000 a month in debt repayments for a loan secured against the club, and that the new owners felt that due to the aging playing squad the # 295 million price was in fact an overpayment for the asset.

Turning to the wider issue of the loan itself, the chancellor insisted the money had been secured against assets held by Northern Rock.

According to a recent statement from the Asian Development Bank, energy - saving service providers lack assets to place against a loan from Chinese banks, while the banks themselves lack experience in financing energy efficiency projects.

On the whole, university loans are of a traditional mortgage nature, with funds secured against assets although there have been instances of more complex arrangements including debentures and securitisation of residential income streams.

Loan - to - value ratio, or LTV, measures the balance of an outstanding loan against the value of the asset that the loan purchaLoan - to - value ratio, or LTV, measures the balance of an outstanding loan against the value of the asset that the loan purchaloan against the value of the asset that the loan purchaloan purchased.

Because of their unsecured nature, personal loans differ from auto loans, which come with a lien against the vehicle, and mortgages, which are backed by the asset of the home, says Todd Nelson, business development officer with Lightstream, the San Diego - based online consumer lending division of SunTrust Bank.

When you need money urgently and you either do not have or do not want to put some assets against the loan, you should really consider no collateral loans.

BorrowNow.IE - A pawnbroker that loans money against jewelery, watches, loose diamonds, gold coins and bullion, art and antiques, plus other assets.

Firstly there's unsecured loans, whereby no assets or collateral are placed against it.

Loans without security do generally incur a higher rate of interest than those secured against an asset.

This means that if the borrower defaults, they could lose their home or the value of the assets secured against the loan.

Your home is your largest asset, and you may choose borrow against it one or two ways: to secure a home equity loan in a lump sum or as a home equity line of credit (HELOC) to draw from as you need it.

Personal loans are loans that a bank or other lender makes that are not secured against any asset such as your home.

From short term payday loan and cash advances to hedge against unexpected emergencies to long term auto and home mortgage designed to finance your prized asset purchases, lenders offer highly customizable financial aid for almost any financial situation you might have.

An unsecured loan is one not taken out against any property or assets.

The loan holder can take legal action against you, and you may not be able to purchase or sell assets such as real estate.

At the maturity of a reverse mortgage loan, the lender will have a claim against your property and you or your heir (s) may need to sell the property to repay the loan, or repay the loan from other assets in order to retain the property.

Generally, those assets are held as collateral against a portion of the loan.

A secured loan is one in which you borrow against an asset you own such as a home, car, savings accounts or stocks.

An unsecured debt is one that has no security against it (you have not used assets as collateral for the loan).

The investor borrows money from a broker, with the loan being secured against the assets purchased.

The consolidation loan is generally secured against the borrower's assets such as a home or a car.

The difference here is that the «peers» are businesses rather than individuals and hence many of the loans are secured against the directors» assets.