If investors can combine savvy asset allocation with an awareness
of credit assets» behaviour when rates rise, then they may be able to add value even when the going looks tough and the temptation might otherwise be to sell.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan
assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our
credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our
credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving
credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Asset Finance requires
assets of course and invoice discounting or invoice factoring depends on the business providing products or services on
credit, which excludes much
of our high street.
In the wake
of the Target security breach, where up to 70 million customers»
credit and debit card details were targeted by fraudsters, more and more businesses are looking to strengthen their IT infrastructure and protect their customers, sensitive data and wider company
assets in the process.
But
Credit Suisse's newest Emerging Consumer Survey found the percentage
of financial
assets that Indian households own is still relatively low.
Now factoring is considered just another kind
of so - called «
asset - based commercial lending,» a category that as a whole grew from $ 100 billion
of credit extended at any one time in the early 1990s to more than $ 325 billion today.
An analysis
of a company's debts,
assets, and investments can provide a solid picture
of its
credit worthiness, particularly when the data are compared to a composite
of companies
of similar size in similar industries.
These publications advise businesses on a range
of credit approval topics, including describing
assets, preparing a business plan, and determining what questions to expect and how to prepare responses to those questions.
When the light turns yellow, Phunware turns to a working capital line
of credit,
asset - backed loans, bridge financing, or equity funding.
«Given (new CEO Christian Sewing's) background in
credit risk and commercial banking it could be seen as a signal
of a move from investment banking,» Colin McLean, managing director at SVM
Asset Management, told CNBC in an email.
There's opportunity in emerging market debt despite growing concerns over higher
credit levels and the impact
of a strong dollar, the chief executive
of Goldman Sachs
Asset Management told CNBC on Tuesday.
On top
of the risk
of federal prosecution, IRS targeting and
asset seizure, cannabis entrepreneurs have to cope with the hazards
of conducting a business that deals mostly in cash, since a majority
of traditional financial institutions — banks,
credit card issuers, and payment transaction companies — won't provide services to the industry.
Percentage
of the 2001 Inc 500 that raised additional financing from Bank lines
of credit: 80 % Commercial loans: 52 % Personal
assets: 45 % Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofit
assets: 45 %
Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofit
Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal
assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofit
assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofits: 3 %
When you first start your business, many third parties and creditors won't be willing to do business with your LLC or Corp, as the entity is brand new and probably does not have a lot
of assets or hasn't built its own
credit history yet.
Your balance sheets will help show the bank the worth
of your
assets and the strength
of your company, which can in turn determine the SBA loan or line
of credit amount you qualify for that would best fit your business's needs.
So in other words, if you want to take out a $ 1 million line
of credit, you'll probably need seven figures» worth
of equipment, real estate, or other
assets the bank can anchor onto — and make a claim to, in case you default.
This type
of loan relies on
assets rather than
credit.
«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number
of friends; the investment was a
credit facility secured by a portfolio
of assets owned by one
of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one
of the Fake Fund Accounts.
«We were prepared to lend more against the
assets than their prior lender was prepared to do,» says Andrew Tananbaum, CEO and founder
of Capital Business
Credit.
Asset - based lending is more comparable to the traditional loan process, where a lender will evaluate accounts receivable, inventory values, and fixed
assets to determine creditworthiness, and issue a line
of credit.
«The reverse mortgage can give you
assets for paying for long - term care,» said Votava, who recommends taking out a line
of credit.
«ETNs are unsecured instruments backed by the
credit of the issuer, and it tracks the performance
of the underlying
asset.
Argus Research's Phil Weiss nailed the this afternoon's explosive reveal from Chesapeake Energy that cash and
credit concerns have forced them to delay selling off some
of their
assets.
Assets rose mainly in «alternative risk premia», an automated investment style, but also thanks to the launch
of a $ 400 million European
credit product and modest flows into computer - driven and discretionary long - only funds.
With
assets of $ 118.5 billion, as
of December 31, 2017, MUFG Union Bank has strong capital reserves,
credit ratings and capital ratios relative to peer banks.
A
Credit Suisse product, the VelocityShares Daily Inverse VIX Short - Term ETN, will close after losing nearly all
of its
assets on Monday.
According to the same person, expenses - including costs paid for the
assets and adjusted for tax deductions - equate to around 60 percent
of the gross
credits earned.
Meanwhile, trading on margins,
credit and futures
of bitcoin as an underlying
asset soared from $ 2 million in 2014 to $ 543 billion in 2017.
The SEC and the CFTC has repeatedly warned about leveraged and inverse products, many
of which are Exchange Traded Notes, which are not backed by any product but instead are backed by the
assets of the company issuing the note (in the case
of XIV it is
Credit Suisse).
«Even if you have stellar personal
credit and good
assets, if a lot
of business contacts are saying you're paying them late, that's going to scare off lenders.»
But they have many
of the same valuable customer
assets, like
credit card numbers and e-mail addresses, just on a smaller scale,» says Adam Ely, co-founder and COO
of San Francisco - based mobile data security vendor Bluebox Security.
Prices for
credit assets tied to the Bank
of Canada's target imply traders think there is a 60 % chance that Poloz will once again be moved to respond to persistent economic weakness.
QE could potentially destabilize the financial system as it reduces the aggregate
credit quality
of the outstanding financial
assets and also reduces the income that services those financial
assets.
Asset financing, whether it involves your company's property, inventory or outstanding invoices, can give small businesses the lifeline
of access to cash or
credit in the short term.
If you're a business boss considering what
assets you might have to sell or to leverage as part
of a
credit arrangement, you may think immediately
of physical equipment or property
assets.
A compilation
of banking and financial indicators, including the Bank
of Canada's
assets and liabilities,
credit and monetary aggregates, chartered banks data and selected financial market statistics.
Merrill, Lynch, Pierce, Fenner & Smith Incorporated, an affiliate
of Wells Fargo Securities, LLC and J.P. Morgan Securities LLC, are Joint Lead Arrangers, Joint Bookrunners, and / or Co-Syndication Agents for the Senior Secured
Asset - Based Revolving
Credit Facility.
In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the
Asset - Based Revolving
Credit Facility exceeds the reported value
of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period
of time.
If the amount available under the
Asset - Based Revolving
Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of c
Credit Facility is less than the greater
of (i) 12.5 %
of the lesser
of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event
of default has occurred, cash collateralize letters
of creditcredit.
If the amount available under the
Asset - Based Revolving
Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of c
Credit Facility is less than the greater
of 1) 12.5 %
of the lesser
of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event
of default has occurred, cash collateralize letters
of creditcredit.
Affiliates
of each
of the Underwriters are lenders under the Senior Secured
Asset - Based Revolving
Credit Facility.
The banking industry now controls over $ 15 trillion
of assets, while the
credit union industry oversees more than $ 1 trillion
of assets.
There is no scheduled amortization under the
Asset - Based Revolving
Credit Facility; the principal amount
of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date
of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).
At July 28, 2012, borrowings under the
Asset - Based Revolving
Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest
of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2
of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margin.
aggregate amount outstanding under the
Asset - Based Revolving
Credit Facility exceeds the reported value
of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period
of time.
At April 27, 2013, borrowings under the
Asset - Based Revolving
Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest
of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2
of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margin.
If at any time the aggregate amount
of outstanding revolving loans, unreimbursed letter
of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment a
credit drawings and undrawn letters
of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment a
credit under the
Asset - Based Revolving
Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment a
Credit Facility exceeds the lesser
of (a) the commitment amount and (b) the borrowing base (including as a result
of reductions to the borrowing base that would result from certain non-ordinary course sales
of inventory with a value in excess
of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters
of credit in an aggregate amount equal to such excess, with no reduction of the commitment a
credit in an aggregate amount equal to such excess, with no reduction
of the commitment amount.
The
Asset - Based Revolving
Credit Facility provides that we have the right at any time to request up to $ 300 million
of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount
of loan commitments under the
Asset - Based Revolving
Credit Facility may not exceed $ 1,000 million.
The
Asset - Based Revolving
Credit Facility provides that NMG has the right at any time to request up to $ 300 million
of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount
of loan commitments under the
Asset - Based Revolving
Credit Facility may not exceed $ 1,000 million.
In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the
Asset - Based Revolving
Credit Facility exceeds the reported value
of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period
of time.