Sentences with phrase «more loan terms»

So they might have more loan terms and options available for you.

A Brazos Parent Loan also provides more loan term options than Direct Loan alternatives, allowing parents to choose a plan that best meets their financial goals.

A Brazos Parent Loan also provides more loan term options than Direct Loan alternatives.

Not exact matches

Downside: Watch for higher interest rates and shorter terms on peer - to - peer loans, in addition to a more rigorous and intensive itinerary required from both parties to secure the loan.

Fifteen - year mortgages flip the script, lowering costs and shortening loan terms but tying up more cash and restricting investors» ability to buy stocks and other interest - paying vehicles.

Think long term, he advises: «If you don't get retirement fully funded, you're going to be on your kids» payroll for 15 or 20 years,» which could end up being more expensive in the long run than student loans would be.

Online lenders may offer flexible loan amounts that are more suited to the needs of startups, rather than the large, long - term loans preferred by banks these days.

Traditional, more - strict loan terms have not always ended up with the greatest social impact.

Lenders also examine the credit scores of owners with 20 percent ownership or more when deciding whether to extend a loan offer or deliberating its terms.

The loans range from $ 500 up to $ 350,000 or more, with interest rates that are slightly higher than bank rates and terms that are in line with conventional loans.

Ten - year maturities are available for loans for equipment and working capital (though seven - year terms are more commonplace), and loans for real estate and major equipment purchases can be paid back over as long as 25 years.

Supportive existing investors are also more likely to fund the entire follow - on round or, if need be, provide a bridge loan in favorable terms.

To date, the company has borrowed more than $ 35,000, taking advantage of the flexible terms and the fast loan distribution.

PREPA is still working on a long - term restructuring with its creditors, which loaned the beleaguered utility more cash to make the payment.

Longer - term financing contracts, and the resulting increase in consumer debt, also meant more owners were «underwater» — that is, they owed more on their loans than their cars were worth.

There may be subsidized microlenders in your state that offer more flexible terms; since they're small, they may not have a website or web - based loan application form, however, and may be hard to find.

Our vendors were kind enough to extend terms to us, and since «terms» seemed so much more benign than a loan, we took the bait.

The group of banks participating in the term loan A has been expanded from the original eight underwriters to 25, with more expected to join before the syndication is completed in the next week, the people said.

Last week, ESL entered into a non-binding term sheet for a $ 200 million unsecured loan to Seritage Growth Properties, the REIT Sears created in 2015 made up largely of Sears and Kmart stores in a deal that raised more than $ 2 billion.

By consolidating accounts with one financial institution, you can also negotiate more favorable loan terms.

Banks and credit unions may offer small short - term loans with more competitive rates, yet many payday loan customers don't comparison shop to see if they might qualify, he said.

February 10: The U.S. Fed expands the Term Asset - Backed Securities Loan Facility (TALF), which lends money to investors to buy securities backed by loans, thereby allowing banks to provide more loans.

An even more important factor to consider is the minimum and maximum length of loan term that the lender offers.

In short, the term «consolidation» is used to describe the process of combining multiple loans into a single loan while the term «refinancing» is used to describe the process of using a more advantageous loan to repay an older loan.

For drunk driving, for example, one's score plummets straight to a C. On the other hand, triple As are rewarded with perks such as being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loans.

This special consolidation initiative would keep the terms and conditions of the loans the same, and most importantly, beginning in January 2012, allow borrowers to make only one monthly payment, as opposed to two or more payments, greatly simplifying the repayment process.

While that may result in more interest being paid over the term of the loan, a lower monthly payment allows for the following:

The more that is added to the monthly payment, the shorter the loan term becomes.

You can also extend the term of your loan, at the same interest rate, which could lower your monthly payments but could mean you end up paying more in interest overall.

Identifying your loan purpose will help you look in the places where you're more likely to find the loan term that best meets your business's need.

Refinancing loans replaces one or more loans with a new one, often with a lower interest rate, a longer repayment term, or both.

Average origination fees for auto loans range from 0 % to more than 2 % of the total loan amount, depending on your state, loan terms and lender.

Accessing retirement funds for business financing also likely means making a larger down payment, which can help make monthly payments more manageable, and in many cases means better loan terms.

With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.

Because these were far more likely to be written down in the United States than in China, and because most economists agree that the difference is very large in GDP terms, the failure to recognize bad loans in China is by itself more than enough to invalidate any PPP adjustment.

Borrowers will pay more over the life of the loan than in a standard repayment plan, although monthly payments are often lower due to the extended repayment term.

Although many traditional term loans at the bank require a monthly periodic payment, some banks are requiring a more frequent periodic payment schedule.

Some lenders were pushing the highest term loan amount they qualified for, even though it was more than they needed, nor did they feel comfortable committing to repay a six - figure loan.

That might be more appealing to some business owners than a loan with a longer payback, because they might be willing to pay more in the short - term in exchange for a greater ROI, faster.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

Just be mindful that you don't stretch out the loan term because you will likely end up paying much more interest.

What's more, many of the other loan types share similar characteristics with a traditional term loan, so it makes sense to understand how a traditional term loan works.

In general, lines of credit and short - term loans are more suited for smaller or recurring business expenses, daily working capital or cash flow gaps.

This type of loan might make sense for you if you can get a better interest rate than that of your current mortgage, you plan to shorten the term of your loan instead of refinancing for 30 years, and you plan to keep your mortgage for at least several more years.

A small business term loan is used to meet a business» capital needs — purchasing inventory, buying expensive equipment, building a new building, or any other business - related expense that requires more capital than is immediately available within the cash flow of the business.

What's more, a loan with a term of less than a year will (in part, because of the way APR is calculated) likely have a higher APR than a similar interest loan with a longer term.

More importantly, it would be very difficult to make any sort of long - term planning or investment decision if there were no long - term loans available.

Because small businesses are considered higher risk than their larger cousins, the SBA loan guarantee helps banks offer more flexible loan terms, meaning borrowers can be approved even if they have fewer assets than what would be required with a traditional term loan at the bank.

For businesses with a year or more of history and revenue, you have more financing options, including SBA loans, term loans, business lines of credit and invoice factoring.

Choosing a loan term of two or three years, for instance, probably will mean you'll pay more than your previous monthly minimums.