Sentences with phrase «of collateral loan»

This is an actual resume example of a Collateral Loan Associate who works in the Data Entry and Word Processing Industry.

Not exact matches

Manafort «borrowed millions of dollars in loans using these properties as collateral, thereby obtaining cash in the United States without reporting and paying taxes on that income,» the indictment says.

If you have any valuable assets (i.e. inventory, equipment, vehicles, electronics, property, contracts, pending invoice payments, etc.) you may be able to sell some of these at market value to generate quick cash, or use them as collateral in obtaining a secured loan.

Of course, you must be aware that your business may be used as collateral for the loan.

The company engineered two three - month loans, totaling $ 300,000, from a private party — «a friend of a friend,» says Anderson — who required the owners to put up 10 % of their equity as collateral and make principal and interest payments of $ 75,000 a month.

To do so would sink the value of the underlying land, which was used as collateral for the developer's loans.

«The rational response would be to lower the rental asking price, but that would mean the value of the collateral would be lowered and the bank would be forced to write down the loan,» he says.

Wheels of parmesan cheese as loan collateral.

However, many of these loans still require collateral and it's important to understand what that is and how it can affect your assets before applying for an SBA loan.

[The loan option] also has the collateral benefit of encouraging participation in the plans in the first place.»

Collateral is the security used to ensure your lender has a secondary source of repayment in case you are unable to make payments on your SBA loan.

Remember, however, that although the mini-bond program is geared to entrepreneurs, you're still expected to present the traditional touchstones of creditworthiness: a strong balance sheet, adequate collateral and acceptable loan - to - value ratios.

Many have put up their own shares or stock of companies they own as collateral for their loans and are increasingly copying the convoluted fund - raising strategies employed by American hedge funds and private equity firms in financing their global expansion drives.

Applicants are directed to furnish basic information about themselves and their businesses, including personal information (full legal name, street address); basic business information (employer ID number, type of business, number of employees, banking institution used); names and addresses of management personnel; estimated business expenditures and costs (including details on the SBA loan request); summary of collateral; summary of previous government financing; and listing of debts.

«Manafort used his hidden overseas wealth to enjoy a lavish lifestyle in the United States, without paying taxes on that income,» the indictment says, adding, «Manafort then borrowed millions of dollars in loans using these properties as collateral, thereby obtaining cash in the United States without reporting and paying taxes on that income.»

Liquidity: The mere prospect of default is having an impact on the $ 5 trillion repo market, where big banks and investors get short - term loans using their holdings of Treasury securities, mostly T - bills, as collateral.

«Increased losses are emanating from weaker collateral pools in the 2013 - 2015 transactions, which have weaker credit quality including lower FICO scores, higher amounts of extended term loans (over 60 months) and higher LTVs [loan to value ratios],» Fitch Ratings analysts wrote Thursday.

A loan between a buyer and seller comes with a great deal of structures and variations that require input from legal and financial professionals to properly secure loan terms, collateral and adequate insurance coverage.

This would include of course unsecured (or no collateral loans) because typically most every aspect of their lives are very disciplined and squared away, including their finances,» explains Ted Kennedy, Senior Account Manager for Pinnacle Money Group.

People who are getting loans are being forced to leverage large pieces of collateral, such as their homes.

A company might decide to sell some of its assets in order to raise the short - term finance they need or they may use their assets as collateral to access secured loans that might ease cash flow concerns or help them make other important investments.

In a warning shot to the banks, the ECB raised the amount of collateral they must post for any loans.

OneMain makes loans above the illustrative amount (s) mentioned in this advertisement, but the maximum loan size depends on your credit history, with larger loans only available to a small number of highly qualified applicants offering collateral.

In particular, Credit Suisse Securities (USA) LLC's affiliate, Credit Suisse AG, is the Administrative Agent and Collateral Agent for our Senior Secured Term Loan Facility, and each of the Underwriters (or an affiliate thereof), are Joint Bookrunners and Joint Lead Arrangers thereunder.

In most cases, they'll get an answer on their loan application with the same day (sometimes with the hour) without the need to collateralize a particular piece of real estate, inventory, or other had asset, making it possible for many healthy businesses that don't have collateral to qualify for a small business loan.

In general, bridge loans are granted based upon the value of the property that serves as collateral rather than on the credit score of the borrower.

For extended financing, banks normally require assets of the business to be posted as collateral for the loan.

In the first auction, the Desk will arrange an auction for a loan of Treasury securities against a pledge of all collateral currently eligible for repurchase transactions currently arranged by the Desk.

Assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company.

Avant offers similar rates to those offered by OneMain, but does not require collateral for any of its loans.

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.

Almost all loans require the borrower to provide collateral as security — usually in the form of personal property.

Many small business owners looking for unsecured business loans or lines of credit typically don't have the collateral that a bank may require, such as real estate, inventory, or other hard assets.

In the second auction, the Desk will auction Treasury collateral for loan against a pledge of AAA / Aaa - rated private - label residential MBS not on review for downgrade, as well as collateral currently eligible for Desk repurchase transactions.

A life insurance policy loan is just a loan from the insurer in which the cash value of your policy is used as collateral.

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

The cash value behaves like an investment as it grows tax - deferred with interest, as determined by the type of policy, and can be used as collateral for a loan.

Estimates the value of the property you plan on purchasing or refinancing so that the lender is satisfied you are not overpaying and ensures that the lender has enough collateral for the loan.

With that in mind, if you have a healthy business, but aren't sure about the value of specific collateral, consider applying for an OnDeck loan.

Loans and collateral will be exchanged free of payment between securities accounts at the dealer's designated clearing bank.

The lending standards on equipment financing can be less strict because your equipment will be used as collateral for the loan — in other words, if you default, the bank has the right to seize your equipment to cover the cost of their lost money.

Many lenders will require that you take out insurance on the asset you're purchasing throughout the term of the loan when the asset being purchased is also being used as collateral for the loan.

While a traditional bank loan often requires specific collateral before they will lend to a small business and may rely heavily on the personal credit of the business owner, OnDeck offers fast small business loans from $ 5,000 to $ 500,000 with a general lien on business assets during the loan term and a personal guarantee.

Many small business owners are interested in a loan or line of credit for their business, but don't have the specific collateral a bank may require, such as real estate, inventory or other hard assets.

The value of the collateral is used to determine what's referred to as the loan - to - value ratio based upon the nature of the collateral.

With that in mind, it's important to understand what collateral is, how lenders evaluate and value your collateral, and what some lenders use instead of specific collateral to secure a loan.

What's more, because the loan is not based upon the loan - to - value ratio of any specific collateral, the lender is using other data points to evaluate a business owner's creditworthiness.

While there is no specific collateral requirement for Fundation business loans, the lender has a blanket lien on your business assets, meaning that in the event of default, Fundation has the right to take possession of any business assets to fulfill the debt.

An unsecured small business loan is a loan that requires no collateral but rather is based solely upon the creditworthiness of the small business borrower.

Both of these options are unsecured loans, meaning they don't require collateral.