Sentences with phrase «of other credit lines»

Your total credit limit (combined with the borrowing limits of your other credit lines) will decrease.

Not exact matches

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

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

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

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 nonprofits: 3 %

By taking your student loan debt and combining it with your other outstanding consumer debt — cedit cards, mortgages, lines of credit and loans — you have the ability to negotiate or take advantage of a lower interest rate, all while streamlining your payments to one lender and one payment per month.

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.

By the spring of 2012, RBC, to whom she owed more than $ 30,000 on a line of credit, was garnisheeing her wages, and other creditors were telling her they wouldn't deal with Cambridge.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Today, before issuing a contract to a subcontractor, Englewood typically asks it for a recent bank statement showing, among other things, the size of the subcontractor's credit line.

If you're thinking of applying for a mortgage, it's best practice to hold off on applying for other new lines of credit in the six to 12 months beforehand.

Enthusiasm for auto debt comes at a time when aggregate growth of mortgages, credit cards, lines of credit and other forms of borrowing has slowed.

As a CPA I can attest that there are certainly situations where taking a loan, obtaining a line of credit, or accessing other forms of debt can help you and your business grow.

(Residential mortgage credit reliably accounts for about two - thirds of total household debt; the rest is composed of lines of credit, credit card and other consumer debt instruments.)

Besides direct loans and lines of credit, it also licenses the Kabbage platform to other financial institutions to provide automated funding to their own customers, including ING, Santander and Scotia Bank.

According to government financial disclosures from last year, he has lines of credit at the three banks, among others.

The New York State Department of Financial Services (DFS) made the requests to Deutsche Bank, Signature Bank and New York Community Bank for information on loans and other financial arrangements including lines of credit and loan guarantees a week ago, the person said.

A credit line, offered by a growing number of barter exchanges, is basically an extension of barter credits, which allow a business to buy essential items from other network members before selling its own goods into the system.

«Among other things, I was able to use my credit line to buy a $ 4,000 piece of playground equipment for only $ 2,000 because I had the money in place to make a purchase right then and there,» she says.

For example, you can't tap into your home equity line of credit or use any other form of borrowed resources to pay for your franchise business.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

Further, consumers who utilize more than 50 percent of their credit lines will see their credit scores drop, which lowers not only the cost of personal borrowing but makes borrowing from a bank or other lender more costly.

Banks and other lenders to evaluate your business for loans and lines of credit.

I'm not of the opinion that every business challenge can be solved with additional capital, but I do believe that a small business loan or line of credit can be a great tool to fuel growth or fund other ROI - generating initiatives.

That being said, seasonal businesses that meet the criteria and maintain enough cash flow to make the regular periodic payments during the slow season, can successfully use the flexibility of a line of credit to prepare, or ramp up, for an upcoming busy season or take advantage of other profit - generating opportunities.

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.

On the other hand, many online lenders specialize in shorter terms of six months, 12 months, or 24 months — in addition to offering longer - term loans or lines of credit.

Although the Wells Fargo line of credit cards isn't as well - known as some of the other leading credit cards, it still provides a variety of cards with valuable features, rewards, and benefits.

The reason, or your loan purpose, will determine how much you need, whether you should consider a term loan or line of credit, what payback options your cash flow can handle, and how quickly you need the money, are a just a few of the many other elements that will affect your financing decisions.

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 arrival of the Chase Sapphire Reserve Card on the premium travel rewards credit card scene is great news for the consumer, because not only are we getting a top - of - the - line credit card with premium perks, but it also puts the pressure on other issuers to up their games.

On the other hand, the lines of credit at Kabbage are more suitable for short - term working capital or seasonal inventory needs.

There are two other ways to tap your home's value: home equity lines of credit (HELOCs) and equity installment loans.

The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, or other student loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, and VT and some products may have an associated cost.

Rinaldi also said that with home equity lines of credit virtually dried up, entrepreneurs will be in the position of trying to find other sources of capital.

In other words, the line of credit can be used up to the approved spending limit, repaid, and used again.

Any other qualified debt, including most home equity loans and lines of credit, is considered to be a home equity debt.

And, with a strong credit profile, others are able to leverage a business line of credit to meet short - term needs for additional cash flow.

They need to keep their capital reserves and business lines of credit available for other things.

Also, Menchie's Franchise Development Managers have experience helping franchise candidates explore other sources of financing, such as home equity lines of credit and self - guided IRAs, which can allow you to start a business using pre-tax dollars without penalties or paying income tax on the start - up dollars.

Your home equity — the value of your home less any other debt registered against the home — serves as collateral for the credit line.

For example, if you have two credit cards with a $ 500 limit each and no other revolving lines of credit, then you have a total limit of $ 1,000.

A business line of credit can be a valuable tool for small businesses that take a strategic approach to making sure they have access to the resources they require to meet day - to - day working capital needs and fill other short - term financial necessities.

A business line of credit can be a valuable tool to fuel growth and fund other profit - generating initiatives.

If you want to explore an SBA loan, line of credit or other type of financing, you will have a relationship with a banker familiar with your company and your needs.

Similar to other revolving lines of credit, you draw funds when you need them and you only pay interest on the funds you use.

We expect that the New Credit Facility will contain a number of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself, engage in businesses that are not in a related line of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases of management equity); engage in transactions with affiliates; and make investments.

We compared to LendingClub loans and lines of credit to other top online lenders that may offer more lenient eligibility requirements, fewer fees or larger loan amounts.

Kabbage, on the other hand, only requires $ 50,000 in annual revenue — and of course, no minimum credit score — to qualify for a line of credit up to $ 100,000.