Sentences with phrase «purpose loans by»

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Riverwalk is an easy target because it is highly visible, has a large price tag, and is financed with a federal loan backed by a local motor fuel tax that, some argue, could be better used for purposes such as municipal schools.

A summary document describing the funding — it mentions steering the money toward programs «that help police officers, teachers and firefighters» — hints that one specific intended purpose could be a fix for eligibility issues encountered by borrowers expecting to get Public Service Loan Forgiveness.

So if your loan purpose would be served by a longer - term loan, a loan at the bank could be a good option.

The term is usually dictated by the loan purpose.

Loans backed by specific collateral or backed by general corporate assets aren't the perfect option for every financing situation, but are tools business owners can use to access capital, provided they are a good fit for the loan purpose and the economics make sense.

The exact repayment term is usually determined by the useful life of the underlying asset or business purpose for which the loan is used.

For example, 57 percent of those surveyed by the ETA chose a shorter - term loan with a higher APR for a short - term loan purpose because it offered a lower overall dollar cost when compared to a longer - term loan with a lower APR..

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.

Following an initial (very) small grant from an NGO, the bank's operations are funded by a) interest from microcredit loans (up to 3.5 % monthly but also as low as 1 % depending on size of and purpose of loan) b) fees from the corresponding bank (i.e. Banco Palmas acts as local agent for regional bank to widen access to banking services), and c) commission for changing Palmas to Reais16.

«U.S. multinational corporations can defer paying tax on profits they earn abroad indefinitely by agreeing not to use the earnings for certain purposes, like paying dividends to shareholders, financing domestic acquisitions, guaranteeing loans, or making investments in physical capital in the U.S..

This is the preferred loan by lenders and small business owners alike because it can be used for almost any business purpose; starting a business, purchasing a business or as expansion capital.

The group incentive nature of employee stock ownership and profit sharing makes this an effective way to create and reinforce a sense of common purpose, and to encourage higher commitment and productivity.23 It is also the case with ESOPs that the new ownership might not be viewed by the firm in the same way as other added compensation because the ownership is financed through loans to buy new capital as company stock, with Federal tax incentives, and the shares are not paid as normal wages and benefits out of company budget reserved for this purpose.

Of the $ 255 million in proceeds from the transaction, approximately $ 51 million will be held by the Trust until it purchases all or a portion of the remaining loans or, if not used for that purpose, returned to the investors.

Floating rate bank loans are loans issued by below investment grade companies for short term funding purposes with higher yield than short - term debt and involve risk.

That left many scrambling for new loans that serve the original purpose of no and - no - doc mortgages, without the potential for abuse created by NINJAs.

When shopping for a home loan, it can often be helpful to see today's rate quotes for a full range of mortgage products in one place for the purposes of a side - by - side comparison.

It's easy to get boggled by the details of corporate scandal - insider loans, stock options, special - purpose entities, mark - to - market, round - tripping.

Except as expressly authorized by us, you agree not to modify, rent, distribute, lease, loan, sell or exploit for any commercial purpose any portion of the Service, use of the Service, or access to the Service, and not to create derivative works based on the Service, in whole or in part for your personal, non-commercial use only, provided you keep intact all copyright and other proprietary notices.

Except as expressly authorized by us, you agree not to modify, rent, distribute, lease, loan, sell or exploit for any commercial purpose any portion of the Service, use of the Service, or access to the Service, and not to create derivative works based on the Service, in whole or in part

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In 2015, the IDA was informed by the New York State Authority Budget Office of the State Comptroller's Formal Opinion No.2014 - F1 which stated that Industrial Development Agency's did not have the legal authority to create subsidiaries for purposes outside of those specifically authorized in their enabling legislation and that IDA's are not authorized,» to make grants or loans of its money to any type of entity.»

Buffalo and Erie County Regional Development Corporation (RDC) was incorporated for the purpose of encouraging the expansion of existing companies in target areas of the County of Erie by establishing an Industrial Revolving Loan Fund from which RDC makes loans to individual companies.

Using grants of up to $ 4,000,000 and a loan of up to $ 5,000,000, 233 West 125th Street Danforth, LLC, a special purpose entity owned by Danforth Development Partners LLC, and its development partners will oversee part of the construction of a mixed - use facility.

-- Loans of allowances, or the proceeds from the sale of allowances, may be provided, interest on commercial loans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal GovernLoans of allowances, or the proceeds from the sale of allowances, may be provided, interest on commercial loans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal Governloans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal Government.

The purpose of the National Institutes of Health (NIH) Loan Repayment Programs (LRPs) is to attract and retain promising early - stage investigators in research careers by helping them to repay their student loans.

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).

As a result of which there is not development of the poor people as they can not invest money for any innovative purpose by owing a loan from the bank.

We will protect the sanctity of your trust by using your loan application information only and exclusively for the purpose of obtaining a mortgage.

By refinancing the bad credit auto loan the borrower can access perhaps $ 5,000 of what has already been cleared and use it for other purposes, while the repayments can be less than the existing repayments, thereby freeing of more funds.

We fund hard money loans secured by residential and commercial real estate for business purposes only.

We provide hard money loans in Scottsdale that are secured by commercial and residential real estate for business purposes.

It is also important to note that information obtained by KEMBA from your loan application may be kept and maintained by the Credit Union for an indefinite period of time, and may be shared with business affiliates of the Credit Union for any lawful purpose.

The personal loans issued by Karrot range from $ 5,000 to $ 35,000 and can be used for any purpose.

When a loan defaults, the investor is paid back fully or partially from a fund set aside and maintained by the third - party website for that purpose.

I hope they are successful because what DeVos is essentially trying to do is eviscerate a 1994 statute passed by Congress for the express purpose of providing student fraud victims with well deserved relief from their student loans.

This is done for different purposes: for repaying the mortgage sooner, for lowering the monthly payments by extending the repayment period or by obtaining a lower rate, for saving money by shortening the loan term or reducing the interest rate, etc..

In accordance with The Privacy of Consumer Financial Information Act, we understands that any information given by the customer for home mortgage application purposes will be used only for loan approval.

The fund invests under normal circumstances at least 80 % of its net assets (plus any borrowings for investment purposes) in senior secured floating rate loans made by banks and other lending institutions and in senior secured floating rate debt instruments, and in derivatives and other instruments that have economic characteristics similar to such securities.

Student loan consolidation can free up the income that the recent graduate or other previous student has at their disposal for purposes required by everyday living.

For the purposes of the Teacher Loan Forgiveness Program, full - time employment as a teacher is determined by the state's standard.

For purposes of certain documentation that a borrower must submit within a specified timeframe (for example, annual documentation of income for the income - driven repayment plans), the federal loan servicers have been instructed to extend the deadline for providing the documentation by an additional 15 days for borrowers who live in an impacted area.

The actual rate a borrower receives may be influenced by their creditworthiness, loan purpose, loan amount, loan terms, and whether they sign up for autopay from their bank account.

Prosper is offering unsecured loans for almost any purpose, and it's possible for borrowers to save a lot of money by using a loan through Prosper to consolidate debt or avoid higher - interest options.

For customers who borrow money from IB to purchase securities, IB is permitted by securities regulations to utilize for financing purposes up to 140 % of the loan value of the stock these customers hold with IB.

As on date, HDFC carries on the business of financing by way of loans for the purchase or construction of residential houses, commercial properties and certain other purposes, in India.

The majority of loans facilitated by LendingClub are unsecured personal loans used by borrowers to consolidate debt and pay off higher - interest credit cards, although personal loans can be used for almost any purpose.

Our HELP loan program is intended to be used for emergency purposes (i.e. unexpected financial crisis caused by illness, vehicle repair, home repair, or interruptions in income) and for those who may not qualify for a traditional loan.

Inquiries for mortgage loan and auto loan purposes in a certain period of time — usually 14 days — counted as a single inquiry by most scoring systems.

Source Capital funds hard money loans that are secured by commercial and residential real estate for business purposes.

Source Capital provides hard money loans that have been secured by residential and commercial real estate for business purposes.