Sentences with phrase «of the loan guaranteed on»

For homes over this amount, you can get up to 25 % of the loan guaranteed on the purchase of a home with a maximum loan amount of $ 453,100.

Not exact matches

The incentive program — consisting of a 90 percent government guarantee on the SBA's flagship 7 (a) loans for start - ups and small businesses, as well as a trim or total cut of the fees on 7 (a) and 504 loans — was set to expire February 28.

The banks extend small business loans on the guarantees provided by the SBA on behalf of the loan seekers.

Near the end of last year, Fulcrum BioEnergy closed on a $ 105 million loan guarantee through Bank of America backed by the U.S. Agriculture Department.

The company has cash of $ 106 million, 514 employees — and a $ 465 million loan with loan guarantees it received from the Department of Energy on Jan. 21.

Fred Upton, a Republican congressman from Michigan and chairman of the Energy and Commerce Committee, put his finger on the larger issue facing governments worldwide at a recent hearing: «Was Solyndra just one bad bet by an administration rushing to claim credit for the first loan guarantee, or is it the tip of the iceberg?»

Because a former business partner defaulted on his company's line of credit, and I was the only one dumb enough to personally guarantee the loan.

«In general, many of these have long payback periods, so loan guarantees over the life of those projects are quite helpful in getting customers over the hump of taking the risk on new technology,» says Neichin.

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.

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.

Because of your personal guarantee on the loan, a bank may seize other personal assets in addition to your home.

If your bank has exhausted all avenues for recovering the debt but still has not recovered the full amount of the loan, they can make a claim to the Small Business Administration against the guarantee the administration put on the loan.

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.

However, because the lender is guaranteed to receive all of the interest on the loan, you can usually get a better interest rate on loans with yield maintenance.

The whole idea of banks originating loans and selling them to outsiders was a guaranteed failure from the very beginning because... let's contrast that with how one makes money by speculating on property.

A personal guarantee is an extra form of «insurance» for the lender in the event that your business defaults on a loan.

On a related note, higher guarantee fees charges by Fannie Mae and Freddie Mac have increased the fixed cost of originating loans and this has also increased the spread between primary and secondary mortgage rates.

The U.S. Department of Agriculture — like the FHA — offers guarantees on private loans, and it also does some direct lending of its own for low - income borrowers.

This gave banks a guarantee against a portion of debt should the entrepreneur default on their loan.

Banks were bailed out in full following the crisis, and now that they are worried about loaning into this market and holding loans on their books, referring to loans which would not be guaranteed by either of the GSE's.

With few exceptions, Guaranteed Rate returned the lowest estimates on a 30 - year mortgage rate in our analysis of purchase loan options in Illinois.

With the creation of the G.I. Bill that year, the VA Home Loan Guaranty program was established, which guaranteed lenders against loss on mortgage loans made to veterans.

Personal Guarantees are generally not considered as security, but directors may guarantee a certain level of payment if the company can not make payment on the loan.

The administration's program attempts to help these financial firms by guaranteeing losses on SBA loans and reducing the fees they pay to provide this type of debt.

For example, if a borrower defaults on their mortgage, Fannie and Freddie are responsible for the losses on the loans they guarantee to investors, while Ginnie Mae is financially responsible for the bond payments to the holders of Ginnie Mae securities.

The guarantee fee is based on the loan's repayment terms and the dollar amount guaranteed, not the total value of the loan.

For instance, I think there is a big difference between a commercial real estate loan on a midtown Manhattan office building purchased at the top of the market by a speculator using a 90 % + loan to value (LTV) vs. a 65 % LTV, owner - occupied warehouse loan with personal guarantees in Scranton, or some other market that never experienced a spike in real estate prices.

Although more and more traditional lenders are building out their websites to include calculators and instant loan estimates, Guaranteed Rate is one of the few companies that focused on online mortgage lending from the start.

Whats fishy is: Why would AW send Chuba Akpom on loan before guaranteeing the purchase of a new CF first... unless Wenger is planning a Le Coq move on Akpom (recall early from loan).

I would prefer to sign him permanently in the summer rather than on loan in the winter.He is a great talent and could really shine in the epl with us.Yeah he is not the kind of superstar that ozil was when we signed him but that does not mean that he is not a top quality player.He could really be a good fit into our team.But I can guarantee you that signing draxler alone next summer will not bring us the epl title.The squad needs strengthening in at least 2 - 3 positions to win the title in what could actually be wenger's farewell season.Going back to draxler though, without a doubt he will only make the squad stronger but I just hope that he is one of the many players heading towards the emirates next season to help us win the title, regardless of where MESU - LEXIS are cum next august....

There's a lot of things that don't make sense, for example: Wenger has so much credibility that even the loan for The Emirates was only given to the club on guaranteeing the bank that Wenger would still be the manager for at least another 4 years.

The summer will be so interesting, at least one or two of Ox, Walcott, Sanogo and Campbell will leave on loan or permanently, my mind says Campbell is guaranteed to leave and if he does I will be sad...

If we were to allow him to go out on loan however, I would hope we would have an agreement of a reasonable guarantee of game - time for him, otherwise he may as well sit on our bench and learn from our vastly improved squad and staff.

Henry Onyekuru was on our radar this summer, but he refused to join a club without the guarantee of regular action, and has since joined Everton, who strangely enough sent him out on loan.

Time for some brutal honesty... this team, as it stands, is in no better position to compete next season than they were 12 months ago, minus the fact that some fans have been easily snowed by the acquisition of Lacazette, the free transfer LB and the release of Sanogo... if you look at the facts carefully you will see a team that still has far more questions than answers... to better show what I mean by this statement I will briefly discuss the current state of affairs on a position - by - position basis... in goal we have 4 potential candidates, but in reality we have only 1 option with any real future and somehow he's the only one we have actively tried to get rid of for years because he and his father were a little too involved on social media and he got caught smoking (funny how people still defend Wiltshire under the same and far worse circumstances)... you would think we would want to keep any goaltender that Juventus had interest in, as they seem to have a pretty good history when it comes to that position... as far as the defenders on our current roster there are only a few individuals whom have the skill and / or youth worthy of our time and / or investment, as such we should get rid of anyone who doesn't meet those simple requirements, which means we should get rid of DeBouchy, Gibbs, Gabriel, Mertz and loan out Chambers to see if last seasons foray with Middlesborough was an anomaly or a prediction of things to come... some fans have lamented wildly about the return of Mertz to the starting lineup due to his FA Cup performance but these sort of pie in the sky meanderings are indicative of what's wrong with this club and it's wishy - washy fan - base... in addition to these moves the club should aggressively pursue the acquisition of dominant and mobile CB to stabilize an all too fragile defensive group that has self - destructed on numerous occasions over the past 5 seasons... moving forward and building on our need to re-establish our once dominant presence throughout the middle of the park we need to target a CDM then do whatever it takes to get that player into the fold without any of the usual nickel and diming we have become famous for (this kind of ruthless haggling has cost us numerous special players and certainly can't help make the player in question feel good about the way their future potential employer feels about them)... in order for us to become dominant again we need to be strong up the middle again from Goalkeeper to CB to DM to ACM to striker, like we did in our most glorious years before and during Wenger's reign... with this in mind, if we want Ozil to be that dominant attacking midfielder we can't keep leaving him exposed to constant ridicule about his lack of defensive prowess and provide him with the proper players in the final third... he was never a good defensive player in Real or with the German National squad and they certainly didn't suffer as a result of his presence on the pitch... as for the rest of the midfield the blame falls squarely in the hands of Wenger and Gazidis, the fact that Ramsey, Ox, Sanchez and even Ozil were allowed to regularly start when none of the aforementioned had more than a year left under contract is criminal for a club of this size and financial might... the fact that we could find money for Walcott and Xhaka, who weren't even guaranteed starters, means that our whole business model needs a complete overhaul... for me it's time to get rid of some serious deadweight, even if it means selling them below what you believe their market value is just to simply right this ship and change the stagnant culture that currently exists... this means saying goodbye to Wiltshire, Elneny, Carzola, Walcott and Ramsey... everyone, minus Elneny, have spent just as much time on the training table as on the field of play, which would be manageable if they weren't so inconsistent from a performance standpoint (excluding Carzola, who is like the recent version of Rosicky — too bad, both will be deeply missed)... in their places we need to bring in some proven performers with no history of injuries... up front, although I do like the possibilities that a player like Lacazette presents, the fact that we had to wait so many years to acquire some true quality at the striker position falls once again squarely at the feet of Wenger... this issue highlights the ultimate scam being perpetrated by this club since the arrival of Kroenke: pretend your a small market club when it comes to making purchases but milk your fans like a big market club when it comes to ticket prices and merchandising... I believe the reason why Wenger hasn't pursued someone of Henry's quality, minus a fairly inexpensive RVP, was that he knew that they would demand players of a similar ilk to be brought on board and that wasn't possible when the business model was that of a «selling» club... does it really make sense that we could only make a cheeky bid for Suarez, or that we couldn't get Higuain over the line when he was being offered up for half the price he eventually went to Juve for, or that we've only paid any interest to strikers who were clearly not going to press their current teams to let them go to Arsenal like Benzema or Cavani... just part of the facade that finally came crashing down when Sanchez finally called their bluff... the fact remains that no one wants to win more than Sanchez, including Wenger, and although I don't agree with everything that he has done off the field, I would much rather have Alexis front and center than a manager who has clearly bought into the Kroenke model in large part due to the fact that his enormous ego suggests that only he could accomplish great things without breaking the bank... unfortunately that isn't possible anymore as the game has changed quite dramatically in the last 15 years, which has left a largely complacent and complicit Wenger on the outside looking in... so don't blame those players who demanded more and were left wanting... don't blame those fans who have tried desperately to raise awareness for several years when cracks began to appear... place the blame at the feet of those who were well aware all along of the potential pitfalls of just such a plan but continued to follow it even when it was no longer a financial necessity, like it ever really was...

only problem is, due to aging people become more sentimental, our players do nt give respect he deserves, yesterday i saw picture Ozil with shisha, and they call themselves pro, Wenger is zhe only man in Arsenal who has guaranteed place, which means, he can sack anyone he wants, he should use that power, if you wont give 100 % seeyaa, wilshere wants to smoke, send him on loan to burnley, last year Ramsey aplied wenger advice and became best player, now he knows whats the best, Wenger should punnish our players more, bunch of spoiled players!!!

They can also make strong business sense, in the case of Divock Origi, signed by Liverpool this summer for # 10m, but returned to Lille on loan to be guaranteed playing time and space to develop without too much pressure before making the move to Anfield.

The Oyster Bay Town Board could approve a new agreement to remove $ 20 million loan guarantees extended on behalf of jailed restaurateur Harendra Singh as soon as May 24, Town Supervisor John Venditto said.

This means, essentially, that Blair's focus on international investment projects in Africa will possibly contribute to the continuing underdevelopment of African's citizenry if good governance is not assured (again, it is unclear from AGI's website or Blair's press briefs on the subject how good governance is to be concretely guaranteed through loan agreements).

Its second phase offers lenders a taxpayer - backed guarantee on loans of up to 95 % of a property's value on homes costing up to # 600,000.

-- Long Island restaurateur Harendra Singh was arrested and indicted in September on 13 federal charges including one that he bribed a former Town of Oyster Bay deputy attorney in order to have the town give him an «indirect guarantee» of $ 32 million in loans.

Singh took the stand for the fourth day in Central Islip to detail the perks he showered on officials in exchange for their help in arranging millions of dollars in indirect loan guarantees for his town - connected businesses.

Singh has testified in the federal corruption trial of Edward Mangano and Venditto that he bribed them with meals on the house and other benefits in exchange for help securing county contracts and town - guaranteed loans.

Newsday columnist Joye Brown spoke with News 12 Long Island following another day in court as Harendra Singh took the stand for the fourth day in Central Islip to detail the perks he showered on officials in exchange for their help in arranging millions of dollars in indirect loan guarantees for his town - connected businesses.

As a result of the town's guarantee on the loan, the restaurateur allegedly was able to default on the loans and the town of Oyster Bay would be responsible for paying the lender and bank, the indictment says.

An attorney who served as outside counsel to the Town of Oyster Bay when it first guaranteed a loan for restaurateur Harendra Singh testified Wednesday that he witnessed Nassau County Executive Edward Mangano put his hand on Singh's shoulder at a crucial April 2010 meeting on the deal and tell the room, «Let's get this thing done.»

Venditto is accused of soliciting and accepting bribes from restaurateur and former town concessionaire Harendra Singh in return for helping him obtain town guarantees on $ 20 million in loans.

He asked that jurors bear in mind three «silver bullets» that drove holes into prosecutors» case, including the forging of Venditto's signature on the paperwork for one of Singh's town - guaranteed loans.

Prosecutors on Thursday afternoon wrapped up 10 weeks of testimony and arguments in Central Islip, where they sought to make the case that the one - time elected officials accepted an illegal stream of benefits from restaurateur Harendra Singh and, in exchange, abused their public positions to get him two county contracts and more than $ 20 million in town - guaranteed loans.

Oyster Bay Town Supervisor John Venditto hasn't given board members details about a proposal he announced more than a month ago to get the town out from under $ 20 million in loan guarantees extended on behalf of indicted restaurateur Harendra Singh, three board members said.