Sentences with phrase «making loans by banks»

Credit scores are used for more than just issuing credit and making loans by banks and credit unions.

Not exact matches

The 7 (a) portfolio of loans is currently worth $ 100 billion, and in 2013 the SBA helped guarantee loans worth about $ 30 billion, in part, by convincing more small banks to make them.

That program, also operated by Treasury, works much the same way TARP does, but it provides capital at interest tied to the volume of small business loans the bank makes.

«The only way you can make matters worse,» says Ballentine, «is by keeping the business loan and your home mortgage at the same bank, which might impose a «cross-default» mechanism on you — so that both loans automatically go into default if you run into problems with either one of them.»

The problem is starting to reek of the mortgage crisis, when banks made oodles by selling bad loans to hedge funds that were layering on leverage to bolster returns — just before the loan market dried up and banks were stuck with the bad loans themselves.

Commercial lending to businesses by banks is rising at a rate that far outpaces the loans they're making for mortgages and home equity lines of credit, but you wouldn't necessarily know that from speaking to some of the smallest businesses in the U.S.

«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.

Your choices are going to vary, and you may find out that you already have a good interest rate, but talk to several loan officers at a number of banks to find out if you can save by finally making the big loan consolidation move.

Non-performing loans are loans made by banks or shadow banks to companies or citizens that haven't been paid back, or where interest payments haven't been made.

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.

The idea was to loosen up SBA credit by unfreezing the secondary market for those loans; banks or middlemen who sell their loans to the government could then use the proceeds to make or buy new loans.

Therefore, banks will continue to make loans that are guaranteed by the SBA and the underwriting standards for these loans should not be radically altered by the credit crisis.

Big Wall Street banks have found a way to continue funneling money to high - risk borrowers — by lending to other institutions who make the so - called subprime loans.

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.

Chinese banking regulators announced this week that approximately $ 400 - billion (U.S.) in bad loans made by Chinese banks to local governments will be transferred to the central government.

«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»

It's too soon to know whether the pilot program introduced by Adams National Bank — loan officers» making «house calls» to prospective business borrowers and processing credit applications on laptops — will prove to be an enlightened solution to that chronic problem.

The average size of the loans made by Seacoast Commerce Bank, for example, which made just 325 loans in 2015 and ranks number 10 on the list, was close to $ 1 million.

Loans through the Avant website are made by WebBank, a Utah Industrial Bank, and by affiliates of Avant, Inc..

There are two basic types of loans that you should know about: loans made by the federal government, and private student loans from banks or other private lenders.

If your business is in difficulty and is unable to make the loan payments, whatever personal assets you have posted as collateral (house, car, investment accounts, etc.) can be seized by the bank.

Frank also criticized a provision in the bill that he said weakens anti-discrimination standards in housing by raising the number of loans a bank can make before it's required to report on the issue.

It's not to teach students how to get better work, but how to provide banks with a free giveaway opportunity from the government, by making junk loans that are defaulted on.

All loans available through FreedomPlus are made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC.

By looking at the loan process differently, many lenders, like OnDeck, are making more capital available to small businesses that don't have the required assets needed to collateralize a loan at the local bank.

That is exactly what happened, the lenders exhausted the pool of borrowers, the reflexive impact of rising demand pushing prices higher began to wane, and the virtuous cycle turned dramatically (as they always do eventually) into a vicious cycle that triggered the Global Financial Crisis and those same banks that made all the ill - advised loans were crushed by massive losses Then, yet again, what were the «Masses» doing at the peak?

If your business fails and is unable to make the loan payments, whatever personal assets posted by the owners as collateral can be seized by the bank, including houses, vehicles, investment accounts, etc..

It doesn't matter if you are a fixed income investor considering purchasing bonds issued by a company, an equity investor considering buying stock in a firm, a landlord contemplating leasing a property to an enterprise, a bank officer making a recommendation on a potential loan, or a vendor thinking about extending credit to a new customer, knowing how to calculate it in a few seconds can give you a powerful insight into the health of company.

The whole idea of banks originating loans and selling them to outsiders was a guaranteed failure from the very beginning because... let's contrast that with how one makes money by speculating on property.

In theory, it makes sense for banks to swiftly recognize the losses embedded in bad loans — and then make up for those losses by raising fresh capital.

Maryland's financial regulator is trying to stop illegal online payday loans by going after the banks that help make the loans possible.

Affirm loans are made by Cross River Bank, a New Jersey - chartered bank, Member FBank, a New Jersey - chartered bank, Member Fbank, Member FDIC.

The only way community banks can compete with commercial banks is to undersell them or make an even bigger loan to the developers, and even bigger loans to the people who are trying to buy their apartments to gain security in housing from rent increases by going deeper into debt.

By utilizing electronic funds transfers, online loan providers an often make same - day or next - day loan payments directly into your bank account.

They can be made by a bank, a credit union, a state student loan agency or a college or university.

It should be noted that a big part of the increase in Synovus is due to its shrinking provision for loan losses (what it expects to lose on the loans it makes); however, the bank did see its expenses fall by $ 50 million over the first nine months of the year and, in 2012, it actually realized a benefit of $ 2 million from taxes versus an expense of $ 72 million in 2013.

Commercial financing programs such as mezzanine financing, asset - based lending, equipment financing, and much more can help make buying and furnishing a franchise much easier than paying out of pocket or going into debt by taking out bank loans.

SunTrust, for example, would reduce your loan interest rate by 0.25 % when you make payments from a SunTrust bank account.

Rather, they insure the loans made by primary lenders such as Wells Fargo and Bank of America.

Comparing net interest margins for these loans and the loans made by banks, Bloomberg estimates that the six largest banks made $ 4.8 billion in profit from these loans — equal to 23 percent of their combined net income during those two years.»

At Excel Capital, we help business owners achieve their business goals by making it easy for them to get the cash that they need without the hurdles and red tape associated with traditional bank instruments and loans.

The Australian Bureau of Statistics divides new loan approvals into those made by banks, building societies and other lenders.

Among the remaining ways to get financed are USDA loans for homes in non-urban city centers; and jumbo and private loans made by local and retail banks.

Loans are offered and made by Cross River Bank on a marketplace lending platform.

All loans are made by Cross River Bank, a federally - insured New Jersey chartered commercial bank, member FBank, a federally - insured New Jersey chartered commercial bank, member Fbank, member FDIC.

You'll need to make sure that your study abroad program is affiliated with a US school covered by Citizens Bank student loans.

if they can find Banks willing to take a «long «position that will allow them to have a non-expanding debt load and interest only payments on a loan, they might be able to withstand the low price cycle until opec led by Saudi Arabia can get world producers to curtail production and elevate prices to a point where all producers are making some money.

The Small Business Administration (SBA) guarantees commercial loans made to small businesses at below - market rates by banks and other lenders.

Banking has moved so far away from funding industrial growth and economic development that it now benefits primarily at the economy's expense in a predator - like extractive manner, not by making productive loans.

Viewing these companies as allies rather than merely as customers from whom to make as large a profit as quickly as possible, German bank officials sat on their boards, and helped expand their business by extending loans to foreign governments on condition that their clients be named the chief suppliers in major public investments.