Sentences with phrase «not secure a loan»

Seven in 10 of Zillidy's clients so far are business owners or entrepreneurs, most of whom can not secure loans because of their self - employed status.

Traditional lenders may deny credit to individuals because they might be on a lower or fixed income, but LoanMart works to serve those who can not secure loans through traditional lenders.

Some might consider peer -2-peer loans for higher dollar loans; however, they require you to have the best credit score and are not secured loans.

A Loan without security: A Personal Loan is not a secured loan (bank doesn't ask for any security or collateral) as against a Secured Loan where one is required to pledge a house or other security to acquire a loan.

The lender considers this a high - risk loan because it is not a secured loan, and is not secured by collateral.

However, the property is considered non-conforming (if it is ever damaged more than 50 percent, it can't be rebuilt with the current setbacks from the first line of vegetation on the oceanfront), and the buyers decided not to buy it because they thought they couldn't secure a loan for a non-conforming property.

Not exact matches

Thus, if your business plan emanates the vibe to grow and generate profits in the long run, securing a start - up business loan should not be a problem.

It may mean the deal becomes something else, like «I have to secure myself, so let me make it just a loan or a convertible note, or whatever, because I don't know what this person's going to do.»

According to The Times, the company told investors that it had received $ 90 million in debt financing to fund the new loan product when it actually hadn't secured that financing.

This may or may not be the collateral securing the loan depending on the situation and your relationship with the bank.

Securing a business loan can be costly as is, but with less - than - perfect credit, you're looking at higher interest loans that might not be worth the trouble.

He hadn't even secured a business loan yet.

This type of secured loan is more comfortable for lenders; if you can't make your payments, they'll just take the equipment back.

In other words, it appears that Sunac isn't taking on debt to make the purchase — except, of course, from Wanda — since Wanda is ponying up the money and securing the loan itself.

The SBA's various loan programs have provided needed funding for thousands of small enterprises who were unable to secure loans from lending institutions on their own; indeed, businesses can not solicit loans from the SBA unless they are unable to get funding independently.

If you own a small firm and have been in operation for less than three years and have a credit score of below 650, you likely won't be able to secure a small business loan from a large bank.

Moreover, not counting mortgages, the five partnerships were still saddled with debts totalling $ 9 million, including a $ 3.7 - million «grid note» or secured loan bearing 9 % interest to Strategic Group — largely comprised of a break fee for the transaction that never happened.

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

Bechtel doesn't provide loans to buy stock, so the partners must secure financing from a bank or other sources.

One option would be to apply for a microloan, a small business loan ranging from $ 500 to $ 35,000 (and sometimes more) that is well - suited for small businesses or startups that maybe don't have a credit history, can't secure the funds through a bank loan, don't have collateral, or have other risk factors.

Commercial vehicles, salvage titled vehicles, and certain others are not acceptable collateral for secured loans.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

This includes, but is not limited to, the fraudulent use of your personal identity to establish credit accounts, secure loans, enter into contracts or commit crimes.

If you can not get an unsecured loan, then there's always an option of applying for the secured one.

Combine this with the fact that once you do secure your business loan, you will need to provide at least 20 percent cash down, and it's no wonder that many prospective small business owners don't even consider SBA loans as a...

Thus, they can not rely as much on the value of the housing collateral in securing their mortgage loans, and consequently now put more weight on the credit histories of the borrowers.

Avant is a better option if you don't want a secured loan.

Although the requirements might vary from lender to lender, most online lenders don't require specific types of collateral to secure a loan.

Some lenders, including many online lenders, don't require specific collateral, but rather require a general lien on your business assets (without valuing those business assets) and a personal guarantee to secure the loan.

Some lenders, including many traditional lenders like the bank, do require specific collateral for a small business loan, meaning many potentially good borrowers could struggle to access the capital they need because their business doesn't have the needed collateral to secure a loan.

Conventional or conforming mortgage loans are private loans that aren't secured by a government agency and meet guidelines established by Fannie Mae and Freddie Mac.

Many lenders today don't require specific forms or types of collateral, but will rather apply a general lien on business assets and a personal guarantee to secure the loan — making it possible for many businesses without specific types of collateral to qualify.

Making it possible for a healthy business, even if they don't have specific assets that could be used as collateral, to secure a business loan.

Your score is critical in determining not only whether you'll secure a loan for a home, but also what interest rate you will be offered.

Combine this with the fact that once you do secure your business loan, you will need to provide at least 20 percent cash down, and it's no wonder that many prospective small business owners don't even consider SBA loans as a viable financing option.

Because personal loans are unsecured and don't require collateral, they typically have higher interest rates than secured loans.

The loans themselves may not affect your ability to secure a mortgage, but your employment history might.

The same does not apply to variable - rate student loan borrowers, who may be able to refinance at a lower fixed rate and secure a low interest rate.

Because the loan is secured, the loan value can not exceed the amount of money in your account.

Cosigners are used to secure loans when borrowers don't have sufficient income or credit to take out a loan with their own credentials.

While the loan - to - value ratio is not the only determining factor in securing a mortgage or home equity loan or line of credit, the metric does play a substantial role in how much borrowing costs the homeowner.

You'll secure a lower monthly payment, which can help free up your cash right now — not just in the future when the loan is completely paid off.

The secured nature of the loan does not, however, mean that repayment of the loan is guaranteed because the loan outstanding may exceed the property net sale proceeds.

Having a high credit score can not only set you up to receive an attractive loan rate, but it can be pivotal to helping you secure the apartment or job you're seeking.

You might not have this option, but it's often far better exhaust all the cases that are possible «before» you secure a fast cash loans online and get the plunge.

Second, family and friends rarely require a personal guaranty, meaning that you don't have to expose your personal assets to secure the loan.

For example, if you can't pay back a secured loan on time, a lender can seize the collateral, such as your car or home.

Though there are some cases in which a lender can require you to provide proof of life insurance in order to secure a loan, they can not mandate that you purchase coverage through them.

A secured loan is typically the best and only way to secure a very large loan because lenders are not likely to extend large amounts of money without good assurance that the loan will be repaid.

For business loans not secured by collateral, like a merchant cash advance or peer to peer loan, lenders generally accept a higher risk in extending credit.