Sentences with phrase «more small business borrowers»

Not exact matches

Spearheaded by more than two dozen lenders and small business advocacy organizations, including Lending Club, Funding Circle, the Aspen Institute, and the Small Business Majority, the bill requires transparency about pricing and fees, fair treatment of borrowers and responsible underwriting, as well as clear language and easy - to - understand tsmall business advocacy organizations, including Lending Club, Funding Circle, the Aspen Institute, and the Small Business Majority, the bill requires transparency about pricing and fees, fair treatment of borrowers and responsible underwriting, as well as clear language and easy - to - understanbusiness advocacy organizations, including Lending Club, Funding Circle, the Aspen Institute, and the Small Business Majority, the bill requires transparency about pricing and fees, fair treatment of borrowers and responsible underwriting, as well as clear language and easy - to - understand tSmall Business Majority, the bill requires transparency about pricing and fees, fair treatment of borrowers and responsible underwriting, as well as clear language and easy - to - understanBusiness Majority, the bill requires transparency about pricing and fees, fair treatment of borrowers and responsible underwriting, as well as clear language and easy - to - understand terms.

In many situations, the total dollar cost might be be a more important metric than the APR to a small business borrower.

This type of automatic payment is also good for borrowers because, among other things, it has the potential to help a small business eliminate cash flow lumpiness by making more frequent and smaller debits on a daily or weekly basis as opposed to requiring a large loan payment on a monthly basis — although that is not the only benefit to small business owners.

Since we opened our doors in 2007, we've loaned over $ 8 Billion to more than 80,000 small business owners — which has taught us a thing or two about small business borrowers and how to evaluate a small business» creditworthiness.

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.

While overall access to traditional financing from a bank or credit union has become more difficult for some small business borrowers, it can still be a viable option for many others.

Increased Buying Power: ROBS funding can be used as the down payment on a small business loan or seller financing arrangement — making a business owner a more qualified borrower and increasing his / her total buying power.

As more small - business borrowers joined the formal economy, they began using other banking services such as checking and savings accounts, mortgages and other financial products.

This type of automatic payment is also good for borrowers because, among other things, it has the potential to help a small business eliminate cash flow lumpiness by making more frequent and smaller debits on a daily or weekly basis as opposed to requiring a large loan payment on a monthly basis — although that is not the only benefit to small business owners.

While overall access to traditional financing from a bank or credit union has become more difficult for some small business borrowers, it can still be a viable option for many others.

In many situations, the total dollar cost might be be a more important metric than the APR to a small business borrower.

Moreover, accumulating that higher debt for a longer amount of time could make borrowers more likely to delay buying a home or car, saving for retirement, starting a family or starting a small business — all the things that would be extremely beneficial for the current economy.

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.