Sentences with phrase «other loan guarantee»

To verify your credit and identity for such things as student loans and other loan guarantee programs.

Not exact matches

The other option is SBA - guaranteed loans, which come in two forms: the 7 (a) program and the 504 program.

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.

The good news is that the stimulus bill included new SBA plans for temporary fee reductions; guarantees increased to 90 percent for certain types of loans, deferred payment loans micro loans and several other improvements.

The following statistics refute this: In 1980, when Chrysler began obtaining its guaranteed loans, Chrysler cars accounted for 7 percent of all automobiles registered in the United States, while other domestic cars accounted for 65 percent, and imported cars accounted for 28 percent.

They work with participating banks, credit unions and other licensed non-bank lenders within a loan guarantee program.

The SBA is not a lender, but offers a loan guarantee program with banks, credit unions, and other lenders.

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

Through loan guarantees, government investment or other subsidies, Ottawa and Alberta can try to keep the project afloat with your tax dollars — beyond the point at which the market would otherwise kill it.

The CAPLines program allows you to borrow money working capital needs and other purposes, with up to 85 % of the loan guaranteed by the SBA.

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.

It also means setting up allowances for valuation against potential losses resulting from claims currently before the court, environment liabilities, employee future benefits, aboriginal land claims, concessions relating loans and loan guarantees, tax receivables and payables, among others.

Only 7 (a) loans are subject to guarantee fees (other SBA loan programs have different fees).

The other program is the U.S. Department of Agriculture's Rural Development Single Family Housing Loan Guarantee Program.

The Small Business Administration (SBA) guarantees commercial loans made to small businesses at below - market rates by banks and other lenders.

The remainder of loans are secured by other assets such as debentures, floating charges and personal guarantees.

As you prepare for future emergencies, your reliance on guaranteed personal loans, payday alternative loans, or other short - term loans will disappear.

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.

It guarantees that the UL policy won't lapse, even if policy values drop to zero, as long as the policy meets premium payment, loan and other conditions.

Is it ear marked for the owners debts or a guarantee for his other clubs loans.

I can't blame him for not trusting another loan year when we gave him to Pullis last time but we couldn't expect the manager to guarantee Gnabry playing time over other players, what if his fitness had been an issue?

And finally the government is to guarantee all loans that banks make to each other - again in order to restore confidence in the bnanking system.

An investment analyst who worked with the Town of Oyster Bay but, like other outside advisers, said he was kept out of the loop about the town - guaranteed loans for restaurateur Harendra Singh testified Wednesday that he bought securities amid the town's weakened financial state when it offered taxpayer - funded incentives.

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.

Other options the government is pursuing include a management and workforce buy out, loan guarantees to potential buyers and tighter rules on procurement to ensure major British projects are obliged to buy British steel.

As his money problems mounted, Singh allegedly bribed Oyster Bay officials to guarantee millions of dollars in loans that prosecutors said were used for operating expenses of other businesses rather than the capital expenses at town facilities for which they were intended.

The civil complaint alleged that Genova and others «engaged in a scheme to defraud investors» by assisting an unnamed concessionaire in obtaining loan guarantees and not disclosing them to town taxpayers or municipal bond investors.

If Solyndra, on the other hand, requires taxpayer - guaranteed (and taxpayer - subsidized) grants or loans, that's what is being opposed.

The Heritage Foundation and other conservative groups, on the other hand, have called for gutting the program, and a GOP - controlled House Science, Space and Technology panel has teed up a hearing next week dubbed «Risky Business: The DOE Loan Guarantee Program.»

(c) The term «loan guarantee» means any Federal government guarantee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal lender, but does not include the insurance of deposits, shares, or other withdrawable accounts in financial institutions.

(d) The term «loan guarantee commitment» means a binding agreement by a Federal awarding agency to make a loan guarantee when specified conditions are fulfilled by the borrower, the lender, or any other party to the guarantee agreement.

To ensure that the experience is meaningful, the state should guarantee that induction includes strategies such as intensive mentoring, seminars appropriate to grade level or subject area and a reduced teaching loan and / or frequent release time to observe other teachers.

[55] RRIF guaranteed loans can not be used to refinance outstanding debt incurred for other eligible projects.

The Bureau Credit Program's secured (direct) loans, loan guarantees, and standby lines of credit [16] may offer more flexible repayment terms and more favorable interest rates compared to other lenders.

The DOT may give preference to applications for loan guarantees rather than other forms of credit assistance.

While some provisions appear solely in one or the other, the DOT will harmonize the requirements among the two Credit Programs with respect to loan guarantees and guaranteed lenders.

In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).

Authorizes DOT, upon request, to allow a state to use its apportionment of national highway performance program funds to pay subsidy and administrative costs of Transportation Infrastructure Finance and Innovation Act (TIFIA) program secured loans, loan guarantees, or credit for surface transportation projects for a state, local government, public authority, public - private partnership, or any other legal entity.

the net present value of a future stream of state or local subsidy income or other dedicated revenues to secure the direct loan or loan guarantee;

Only 7 (a) loans are subject to guarantee fees (other SBA loan programs have different fees).

The other program is the U.S. Department of Agriculture's Rural Development Single Family Housing Loan Guarantee Program.

Under the FTC's Telemarketing Sales Rule, a seller or telemarketer who guarantees or represents a high likelihood of your getting a loan or some other extension of credit may not ask for — or accept — payment until you get the loan.

This is the only loan program offered by the SBA where the administration lends directly to borrowers (in almost all other cases, the SBA just guarantees loans that other lenders make).

Unsecured loans, on the other hand, do not require that the borrower offer any collateral guarantee on the money they receive.

Other remedies a borrower might consider is to get a co-signer for the loan, which might reduce the required collateral, or to borrow using an SBA - guaranteed loan, which will not be declined solely on the basis of inadequate collateral.

Some of these loans are direct loans from the USDA itself, and other loans are made by third - party lenders with a portion of the loan guaranteed by the department (similar to an SBA loan).

getcashngo.net does not guarantee that your loan request will be accepted by an authorized lender or other service provider.

However, it is now possible for these (and others) to get a guarantor loan which is a loan that another person guarantees will get paid.

The first two programs guarantee loans to small businesses for the purchase of commercial real estate, machinery and other fixed assets.

Even those who do not have an actual job can qualify for the guaranteed personal loan because this loan is available to people who rely on benefits from Social Security Retirement, Social Security Disability, Supplemental Security Income (SSI), railroad retirement and other retirement plans, as well as those whose income is derived from child support, alimony, or palimony.