Sentences with phrase «other than traditional loans»

Business financing options other than traditional loans or lines of credit include personal loans for business or business credit cards.

Not exact matches

Traditional term loans usually offer longer payment terms and lower monthly payments than short - term loans and other forms of emergency financing.

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

10 Small Business Loan Sources explores sources of small business loans other than traditional banks.

Generally, though, it's harder to qualify for a traditional mortgage than other types of commercial real estate loans.

On the other hand, cash outlays for an assumable loan can be lower than traditional financing.

However, if a traditional bank or other lending alternative is willing to loan you money on better terms than the P2P lending company (or the P2P lending company is unwilling to lend you money perhaps due to a poor credit score), then it probably makes sense to look elsewhere for a loan.

Sure, the short - term lending industry is quite a bit different than the traditional lending industry, but by eliminating a lot of that regulation and red tape of these nontraditional lenders — lenders, in specific — are able to offer their loans to individuals that simply would have been able to get a loan any other way.

With online tax loans you can get approved much more easily than you would for other, more traditional loans.

The hope is that despite all these issues and conditions, that borrowers still get better rates than they normally would in a traditional bank setting with lenders competing with each other to fund their loans, and that lenders find a better avenue for their investment dollars along with the feeling of gratification that they're directly helping those who need the financial help.

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

Finding hard money fix and flip loans in San Diego requires less stringent qualifications than other, more traditional forms of financing.

Our interest rate might be higher than other lenders; however, it's because we are eliminating many factors that would normally not allow you to qualify for traditional loans.

Down payments start at 10 %, which is lower than the traditional 20 % required by other lenders in similar loan scenarios.

FHA Loans offer lower down payments than traditional home loans, usually as low as 3.5 %, whereas other loans can require as much as 20 % Loans offer lower down payments than traditional home loans, usually as low as 3.5 %, whereas other loans can require as much as 20 % loans, usually as low as 3.5 %, whereas other loans can require as much as 20 % loans can require as much as 20 % down.

They tend to focus on high credit scores rather than other factors that traditional lenders ask for and they can help you with Personal loans, Student loans, and Mortgages.

Because they are a traditional bank, they offer student loans with much higher maximums than other companies.

Although there are guidelines in place, it's important for veterans to realize that in actuality VA loans are much easier to obtain after a short sale than many other types of traditional loan programs.

If you have low - to - middling credit scores, a high loan - to - value ratio, and / or other monkey wrenches like a manufactured home or condo, HARP may be better than traditional financing — there is a 2 % cap on fees, while normal refinances can have much higher surcharges depending on the strength of your application.

Currently, all federal loan borrowers other than Parent PLUS and Perkins borrowers are eligible for the traditional income - based repayment plan that caps payments at 15 percent of their discretionary income and forgives any balance remaining after 25 years.

The fact that they use traditional criteria rather than focusing on the marks or earning potential of their borrowers like some other start - ups, means that those who don't have amazing marks can still access funds from Raise Loans.

While OppLoans» interest rates are higher than traditional bank loans, that's because they're lending to a very different type of borrower — one who is likely to be rejected for a loan from other lenders.

As a result, even if you have less - than - perfect credit or don't have specific collateral of sufficient collateral value to secure a traditional small business loan, there are loan options available (provided you can demonstrate other healthy business fundamentals).

As a hard money lender, Montegra has more flexibility in our underwriting process than banks and other traditional lenders do, allowing us to fund loans that they can not.

As a direct lender, Montegra has more flexibility in our underwriting process than banks and other traditional lenders do, allowing us to fund loans in short time frames so that investors don't have to worry about missing out on deals while they wait for their loan application to be approved.