Sentences with phrase «of a credit line of»

For the first time in India, you can have a security of a credit line of up to Rs. 5 lakhs at your finger tips without paying any interest on the unused amount that other loan lenders charge.

Not exact matches

Whether you're seeking to increase your company's line of credit, looking for investment or just want to see how your company looks from the outside, a company check is a cheap way to give you actionable data.

Believing he could bring together the seemingly incompatible, White took out a line of credit on his Visa and borrowed from friends, and opened his first store, in midtown Toronto.

With a $ 320,000 mortgage on their $ 450,000 house in St. Albert, Alta., and $ 4,000 on a line of credit, their debt is reasonable.

Because of its financial size, credit line and contractual agreements, the parent company offering the business opportunity can often arrange better financing than an individual could obtain.

There are other ways to pull out equity from your house, including a reverse mortgage or a home equity line of credit.

For example, if you've maxed out your credit limit of $ 40,000 across your credit cards and line of credit loans, then you have nothing protecting you in case of an emergency.

Specifically, Foster said, he had to get $ 50,000 up front, then pay $ 25,000 a month to rent the space from AMC, which would still be the leaseholder — and he had to get a $ 2 million line of credit.

When the Federal Reserve boosts its target funds rate, banks are quick to follow suit by increasing the cost of borrowing on everything from credit cards to home equity lines of credit.

It's not unheard of for people to use a home - equity line of credit to invest.

These services would provide access to a loan or line of credit equal to a predefined percentage of your current sales ledger, sometimes up to 90 %.

This can be pivotal for your small business obtaining a business loan or line of credit down the road.

Some investors use lines of credit or take out a dedicated investment loan from a financial institution.

Securing funds from a variety of sources, such as loans, lines of credit and credit cards are common methods of injecting cash into your business — but managing these properly can be a challenge.

She still has a mortgage and a line of credit, but is finally free of high - interest credit card debt.

A lot of credit card debt, of course, has in the last few years been shifted over to lower - interest lines of credit, usually unsecured.

For many small businesses, guaranteeing a line of credit — especially if you are lacking a well - established credit history — can be a struggle.

The car repair is paid for in cash, but that cash was meant for the minimum payment on the cards and line of credit.

According to the Canadian Bankers Association, 69 per cent of household debt in Canada is made up of residential mortgage debt, while 18 per cent comes from lines of credit and five per cent is credit card debt.

This Peter / Paul conundrum is interesting: we very often see examples where people have paid off their credit cards using available lines of credit, only to have their credit card balances swell back to where they were within a year or so.

Having a good credit score will help you scale your business and obtain loans, financing and further lines of credit for big purchases.

Loans aren't the only line of credit you might consider — credit cards are often a more easily available option, albeit (usually) with a lower amount of available credit.

Further, in cities with rising home values, particularly Toronto and Vancouver, homeowners can secure a home equity line of credit (HELOC) to pay other debts or simply fund their lifestyles.

Reports also include important information such as the number of open lines, maximum credit, judgments, and payment trends.

That will cause rates on everything from lines of credit to car loans to mortgages to tick up.

On average, you pay a 1 - 3 % higher interest rate when compared to the prime rates found in lines of credit and bank loans.

So if you're currently owed # 10,000 in outstanding invoices you could access up to # 9,000 of that instantly in the form of a loan or line of credit, depending on the terms of the agreement.

Mortgages aren't the only debt Canadians are saddled with, however, and the rates on credit cards, car loans, and home equity lines of credit could tick up as well, further increasing a household's overall carrying costs.

The home equity line of credit has allowed millions of households to borrow against their properties, providing cash for everything from renovations to investing to debt consolidation.

The flexibility of interest rates on a business credit card is something that you would not deal with if you had a loan or fixed line of credit.

Clarence was being hounded by creditors and couldn't repay his $ 750,000 bank line of credit.

If your business is growing quickly, consider external financing such as a loan or line of credit.

Focus on eliminating your monthly credit - card balance first, then other forms of consumer debt such as car loans and lines of credit.

For example, front - line caisse workers have expressed irritation with having to juggle different protocols and technological systems for each of the company's various service offerings — personal banking, credit cards, investment accounts, insurance and so on — while serving a single member.

The 40 - city tour saw the bank team up with HGTV and DIY Network to offer home reno advice while promoting its home equity loans and lines of credit.

Some of the retailers that did pick up the Edmark line couldn't always reorder when the inventory had been sold; they had maxed out their credit lines to stock products from Edmark's competitors.

And while you are gainfully employed, Abboud says, now is the time to secure a line of credit.

Judgment day is this: going through each line of your credit report with the loan officer who can either move your purchase forward or end your dream with the stroke of a pen.

How many credit card company employees are now contemplating other lines of work?

When the light turns yellow, Phunware turns to a working capital line of credit, asset - backed loans, bridge financing, or equity funding.

«I have given him that credit because Donald Trump has taken a very, very strong, hard line on the denuclearization issue and he has been able to bring in the support of the global community and, in particular, China,» Turnbull told a televised news conference, referring to «overwhelming» economic ties between China and North Korea.

Banks use this score to evaluate term loans and lines of credit up to $ 1 million.

Many small - business owners feel frustrated when they try to apply for a line of credit or a small - business loan — they feel like banks are only set up to loan money to big companies.

Check out the Case Study from our current issue about about Able Planet, a Colorado - based audio technology company that had to figure out what to do when its bank suddenly changed the terms of its $ 2.5 million line of credit.

We spent the first five years of our business in a constant state of anxiety, culminating in a near - disaster; in 1989 our bank kicked us out and we lost our line of credit.

Home - equity lines of credit are another instrument of debt Armageddon.

For my own part, thirteen years after starting my business, I went to our bank to request an increase to our line of credit — and was rejected.

According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»

As an example, let's consider that a potential customer is asking you to extend them a significant line of credit as part of signing on with your company.

Those kinds of struggles had led 53 percent of those small businesses to apply for funding or credit lines over the past five years — and more than one in four said they had sought loans multiple times.