Sentences with phrase «loans are asset»

All are loans are asset driven; the property value, cash flow, and experience and reputation of the borrower are the basis for our underwriting decisions.

Our loans are asset based; the real property itself is the basis of our lending decision.

Further, private mortgage loans are asset based; the real property itself is the basis of the lending decision.

Don't worry about bad credit or less than ideal financial history; Source Capital hard money loans are asset - based.

Hard money loans are asset - based, meaning they are backed by the value of the property, not the credit worthiness of a buyer.

Source Capital loans are asset - based, meaning you won't be approved or denied based on your credit score.

Money taken out as a loan is an asset until spent.

A hard money loan is an asset - based loan through which a borrower receives funds secured by the value of their property or assets, rather than credit.

Not exact matches

Washington's priority should have been organizing a mass rewriting of home loans to align the principals with the reduced value of the assets.

Remember though, if you default on a secured loan then the assets or asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out of business, so there is some element of risk to consider with asset - based financing.

If you have any valuable assets (i.e. inventory, equipment, vehicles, electronics, property, contracts, pending invoice payments, etc.) you may be able to sell some of these at market value to generate quick cash, or use them as collateral in obtaining a secured loan.

The incident highlights what the Journal says is a steady rise in so - called «wealth loans» — large loans to wealthy individuals that are sometimes secured by assets like art, boats, and wine collections.

Many lenders are in the game: big banks ($ 10 billion - plus in assets), smaller, regional banks, credit unions, alternative lenders and, increasingly, institutional investors who buy loans on marketplace lending platforms.

«Because capital has been so hard to raise over the last four years, the simplest and most straightforward way has been to shrink assets, which means loans,» says James Chessen, chief economist for the American Bankers Association.

When you have multiple assets each with their own loan, the interest rates you're paying will vary based on the asset class.

Yet because its assets — all those sub-prime loans — were so dubious, no other lender would come to its aid.

The Fed's operations in the recent crisis have been loans to banks and other financial institutions and purchases of financial assets, not helicopter drops of cash into households» accounts.

And when I picked up the lid, looked in, and saw the assets there, I was amazed: $ 90 billion, now $ 100 billion, in loan guarantees, 900 small business development centers, 12,000 SCORE volunteers and 100 district offices.

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.

Dozens of other loan programs — including the 504 Certified Development Loan Program, which is accessed by small - business owners for loans to buy large fixed assets and real estate — and many mentorship programs, including the SCORE system and Veteran's Business Development offices, would be shuttered in the case of a government shutdloan programs — including the 504 Certified Development Loan Program, which is accessed by small - business owners for loans to buy large fixed assets and real estate — and many mentorship programs, including the SCORE system and Veteran's Business Development offices, would be shuttered in the case of a government shutdLoan Program, which is accessed by small - business owners for loans to buy large fixed assets and real estate — and many mentorship programs, including the SCORE system and Veteran's Business Development offices, would be shuttered in the case of a government shutdown.

Generally the primary collateral is whatever assets that are purchased through the loan, but given that these assets may have limited collateral value, other assets will likely need to be pledged.

However, many of these loans still require collateral and it's important to understand what that is and how it can affect your assets before applying for an SBA loan.

Business collateral for SBA loans can be any or all assets your business has including, but not limited to, your commercial real estate, inventory, machinery and equipment and accounts receivable.

Entrepreneurs are perfect candidates for this loan because they may not have any personal or business assets to speak of.

«Since our company isn't one with much capital — our «assets» are our employees and contracts — we have been able to finance new programs under an accounts receivable margining system, in which the bank will loan us short - term funds based on our current contracts and receivables.

SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such as asset - backed securities, auction - rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage - backed securities, restricted securities and block trades in public companies, and whole loans.

He also cited a single late payment in July as being one of the key causes of LeEco's cash - flow problems, saying it led to the freezing of his assets and prompted a slew of early loan recoveries.

CASPERSEN told potential investors that the loan was risk - free, as it was collateralized by the assets of Firm - 1.

«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.»

«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.

Marc was the founding principal of Chicago Asset Funding LLC, a AAA - rated structured - finance investment firm that in 2009 was one of the market's largest investors in junior collateralized loan obligations.

Under this program, the SBA guarantees loans for up to $ 1.25 million for a combination of fixed - asset financing and working capital needs (though the working capital portion of the guarantee is limited to $ 750,000).

«Under CAPLines,» notes the SBA, «there are five distinct short - term working capital loans: the Seasonal, Contract, Builder's, Standard Asset - Based, and Small Asset - Based lines.

The Small Business Administration defines businesses eligible for SBA loans as those that: operate for profit; are engaged in, or propose to do business in, the United States or its possessions; have reasonable owner equity to invest; and use alternative financial resources (such as personal assets) first.

Asset - based lending is more comparable to the traditional loan process, where a lender will evaluate accounts receivable, inventory values, and fixed assets to determine creditworthiness, and issue a line of credit.

Awtani added provisioning requirements of public sector undertaking banks have increased with the surge in non-performing assets (NPA) and that there still exists stressed loans in the system which will probably be recognized as NPAs over the coming few quarters.

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.

This is different from an asset - backed loan, where collateral is based on your business assets.

From the entire spectrum of fixed income and securitized loans to the so - called liquid alternatives and venture funds, strategies and asset classes that had never been so readily and seamlessly accessed may soon be tested like never before should capital flows reverse from in to out.

Fixed Asset Financing: The conference bill establishes a new SBA guaranty for the portion of the 504 loan that's made by a commercial bank.

SBA loans are secured by both business and personal assets until the recovery value equals the amount of the loan.

Prior to the new rule, he added, the agency's Standard Operating Procedures said only «that sellers should finance the goodwill when they sold a business, but we found that SBA loans increasingly were being used to finance goodwill along with other real assets.»

Loan maturities are based on the ability to repay, the purpose of the loan proceeds, and the life of the assets financed with the lLoan maturities are based on the ability to repay, the purpose of the loan proceeds, and the life of the assets financed with the lloan proceeds, and the life of the assets financed with the loanloan.

M&I was stuck with rotten loans, and needed $ 1.7 billion in funding under the U.S. government's Troubled Asset Relief Program.

The assets come over unencumbered by outstanding liabilities, so the new debt on these and the accompanying interest payments on this new loan could be a very good fit with the overall financial picture of the post-deal enterprise.

However, from a banker's perspective, a newly formed corporation is a more risky loan applicant than an individual with a home and other assets.

Basic factors you should consider include the amount of your existing savings, whether you have assets that could be sold for cash, whether friends or family members might offer you financing or loans, and whether your spouse or other family members» salaries could be enough to support your family while you launch a business full time.

Big banks (over $ 10 billion in assets) are lending at unprecedented post-recession rates, but still reject three out of four loan applications and are typically conservative in their lending parameters.

The $ 5.2 billion financing deal put together by Icahn was shown to a mix of U.S. and foreign banks, asset managers, hedge funds and collateralized loan obligation (CLO) managers.

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