Sentences with phrase «of your personal guarantee on»

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

Not exact matches

California's proposed privacy law, which will be on the state's November ballot, would guarantee citizens the rights to see what kinds of information large companies are collecting on them, and to prohibit those companies from selling their personal information.
«The banks have no interest in financing small business unless they are 100 % secured on company assets, personal insurance and guarantees,» said a Bank of Montreal client based in Saint - Laurent, Quebec.
However, as a business owner, even if your personal assets are not leveraged, you are still responsible for ensuring payments are made in full and on time to avoid default through the personal guarantee of the owner (s).
We're taking all of your receivables, and we're putting an asset lien on you, and we require a personal guarantee
Count on needing a personal guarantee for the first three to five years of your business.
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 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.
A personal guarantee is an extra form of «insurance» for the lender in the event that your business defaults on a loan.
12) To better secure each News Company's rights under this guarantee and Indemnity, each guarantor agrees to charge the interest they have either solely or jointly or as tenants in common in any real estate and personal assets, and each guarantor acknowledges a News Company's right pursuant to the security hereby given lodge a caveat on any real estate in which they have such as interest and each guarantor agrees to execute a mortgage in favour of any News Company upon request by a News Company and do or cause to be done all such things as are necessary to give effect to the security hereby given.
But here is what's most important to note: If you are on solid financial footing, the premium in interest rate to use an alternative lender is about 0.5 per cent, with the added bonus of not having to supply nearly the same level of collateral or personal guarantee.
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.
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.
And, indeed, this was done in the decision of the U.S. Court of Appeals for the Ninth Circuit that declared the Washington State law prohibiting physician - assisted suicide to be unconstitutional on the grounds that it violated the guarantee of personal liberty in the Fourteenth Amendment to the Constitution.
The levitical priesthood was entirely dependent on descent from Aaron, and such descent had to be proved and guaranteed; but there is no mention of any genealogy, of any father or mother of Melchizedek; the new priesthood therefore depends on personal power and quality and not on any family tree.
I can understand this feeling on the part of people who have been brought up to accept the conventional notion that heaven will be a place of meeting with those who have died and who wish to have assurance that continuing conscious personal existence after death is guaranteed to us humans.
If the franchisee is well - funded or has multiple units, consider whether to waive or release personal guarantees based on the strength of their balance sheet.
A franchisor's willingness to negotiate the application and scope of a personal guarantee may differ depending on whether the franchisee is a single - or multi-unit franchisee.
of course no team wants to lose but I can guarantee you that the reaction by the Chelski fans after today's results are nowhere near what would have occurred if we shit the bed on opening day... the difference is they have tasted EPL success on more than one occasion recently, they have won the Champions League and they have done it with 3 different managers in the last 12 years with a similar, if not smaller, wage bill than us... in comparison, we have been experiencing our own personal Groundhog Day with nothing to show for it but a few silvery trinkets that would barely wet the appetite of a world - class club... so it's time for Wenger to stop gloating over our week one escape act and make some substantial moves before this window closes or I fear that things will take a horrible turn when the inevitable happens... living on a knife's edge is no way to go through a full season of football and regardless of what side of the argument you fall on, you could feel high levels of toxicity in the air and that was friggin week one... I would much rather someone tried their best and failed, than took half - measures and hoped for the best
According to the applicant, his arrest and detention constituted a gross violation of an infringement upon his dignity, personal liberty, fair hearing and freedom of movement as enshrined and guaranteed under sections 34, 35, 36,41,46 of the constitution of the Federal Republic of Nigeria 1999 (as amended) and Articles 4,5,6 and 12 of the African Charter on Human and Peoples» Rights.
His colleague, MIT professor and Data - Pop Alliance academic director Alex «Sandy» Pentland, has called for a «new deal on data,» a set of workable guarantees that the data needed for public goods are readily available while, at the same time, protecting personal privacy and freedom.
The simple act of showing up to your personal yoga practice will have a profound effect on your life, guaranteed.
While you are on our free Russian dating agency site, we guarantee 100 % safety of your personal information to make our site safe and secure.
The site guarantees the safety and security of your personal data, thus providing a secure environment for on - line dating experience with gorgeous Russian women.
While on several dating sites, you do not get support, but you are making personal efforts to find the woman of your dream, Lugansk dating agency will help you and provide premium services that will guarantee that you find your special Lugansk girl.
We guarantee the protection of our clients using anti-scam tools and confidentiality of the personal data they post on the website.
We guarantee the protection of your personal data on Lovessa.com and do everything in order to make online dating safe.
UkraineDate.com guarantees the confidentiality and security of your personal data posted on the site.
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How much interest you glean from the complicated structure of Part II will likely depend on your personal preference, so I can't guarantee you will like it as much as I do.
This analysis reflects the fact that the federal Constitution protects us from certain kinds of governmental action — such as state - imposed segregation, prohibitions on free speech, or invasions of personal privacy — but does not create expansive positive rights or guarantee governmental assistance.
Many educators are not aware that the education of undocumented students is guaranteed by the Plyler vs. Doe decision or that certain procedures must be followed when registering immigrant children in school to avoid violating restrictions on obtaining personal information without obtaining prior parental consent.
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A borrower enjoys less restrictive terms on a bad credit personal loan in forms of lesser interest charges and longer terms while a lender has a guarantee to recover the loan proceeds in case of default by confiscating and selling pledged assets.
Of course, getting approval on a personal loan for bad credit is not guaranteed by good intentions, and if the size of the loan is large, then it may be necessary to provide some kind of collateraOf course, getting approval on a personal loan for bad credit is not guaranteed by good intentions, and if the size of the loan is large, then it may be necessary to provide some kind of collateraof the loan is large, then it may be necessary to provide some kind of collateraof collateral.
When a business credit card account is opened, a personal guarantee is when an officer of the corporation designates himself and is bound by contract to be liable for all debts incurred on the new credit card.
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.
If you have trouble repaying your guaranteed personal loan, or do not have the appropriate amount of funds available on the due date, always contact your lender to ask for extended time to pay.
This program builds credit for your business WITHOUT you having to issue a personal guarantee on behalf of the business.
Length of term, amortization, personal guarantees and loan - to - value percentages will be negotiated between the lead lender and BND on a case - by - case basis.
We do not require a specific type of collateral, but do require a general lien on business assets along with a personal guarantee to secure an OnDeck loan.
Pension plans and other «guaranteed» forms of retirement payments have been on the out, while your personal savings and investment success are in.
A guaranteed pension has an enormous effect on this factor: my guess is our reader could achieve his retirement income goals even if his personal savings had a return of 0 %.
Funding Circle requires collateral on their loans in the form of a lien on your business assets and a personal guarantee from the primary business owners.
Annual Percentage Rate (APR) of 8.49 % does not represent a guaranteed rate on a Webster Personal Loan.
In the middle ground between secured and unsecured loans lies the personal guarantee loan, in which a borrower signs an agreement allowing the lender to put a lien on the borrower's personal property in the case of default.
Be responsible when offering a personal guarantee, if you default on the loan and damage is done to personal credit due to business challenges, it can lead to a denial of personal financing like for a mortgage or car loan.
Getting high limit accounts, getting access to credit quickly, not needing to supply a personal guarantee or a personal credit check, as well as having access to much more credit than one can ever obtain on the consumer side are only a few of these major benefits.
First of all, the income «gap» that many people needed to fund with personal savings was, on average, probably lower then because income from guaranteed sources was generally higher.
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