Sentences with phrase «to refinance existing debt»

In fact, 98 % of consumers said they would refinance existing debt at the same rate to get this patent - pending loan.
Loan proceeds were used to refinance existing debt on the property.
So, even though refinancing existing debts means a reduction in interest rates, by including a reliable cosigner the size of the overall debt is reduced even further.
You can borrow money for a variety of business purposes, including refinancing existing debt, buying inventory or equipment, moving or expanding your operating space, or even to hiring more employees.
This is because refinancing existing debts effectively means buying them out with one loan sum, and then applying one interest rate.
In addition, the commentary from the company continues to be optimistic in relation to refinancing the existing debt which, when achieved, could act as an important catalyst for the share price.
Do you need cash or want to refinance existing debt at a lower rate?
The loan will be used to refinance existing debt on the property and provide a working line of capital for upcoming tenant improvements and leasing commissions.
Bear in mind: Although refinancing your existing debts with a new loan may reduce your total monthly debt payments, the new loan may increase both the total number of monthly payments and the total amount paid over the term of the loan.
Perth - based mining contractor Barminco has refinanced its existing debts through an issue of high - yield notes in the United States.
AXL also recently issued $ 200MM its 2019 bonds, which gives some indication that the company can get bond investors to refinance existing debt as needed.
AUS: Lion Nathan secures funding Lion Nathan has secured debt funding, with a weighted average maturity of over four years, to refinance existing debt facilities.
In a report titled «Three Myths about Peer - to - Peer Loans,» the authors called into question a narrative frequently told by digital lenders — that the sector's customers typically refinance existing debt at lower interest rates, boost their credit scores and improve their financial health.
But by refinancing existing debts, the overall financial pressure can be alleviated considerably.
What this means is that it may not be possible to consolidate every penny owed, but certainly in refinancing existing debts (even 75 % or 85 % of them) makes a huge difference.
My understanding is that there should be a right of rescission because you're requesting more money (new credit), as opposed to simply refinancing your existing debt.
As your credit scores decline, your ability to get new credit, or to refinance existing debt under more favorable terms, vanishes.
The placement, on behalf of BBC Commercial Holdings (BBCH), has a seven - year term set at a 2.71 % US dollar interest rate, and will be used to refinance existing debt within the BBC's commercial business.
The cash refinanced existing debt of $ 172.4 million, funded capital improvements of $ 20.1 million, paid the closing costs, and repaid $ 29.5 million in equity to the owners.
Borrowers should note that since the loan refinance provision has expired, 504 loans can no longer be used to consolidate, repay or refinance existing debt unless it is related to expansion of facilities or equipment.
For example, you can refinance existing debt with a low - cost SBA consolidation loan.
One size didn't fit all at a senior care campus in Boise, Idaho when it decided to refinance its existing debt through two lending agencies: HUD and Fannie Mae.
Cash - out refinances have been a popular way for Americans to access their home equity during an era of low interest rates, allowing folks to refinance their existing debt at a cheaper rate and pocket the savings.
Woodside Petroleum has executed a five - year US$ 1.1 billion syndicated loan to refinance existing debt.
What's more, this tax break is still preserved if you refinance the existing debt.
Approximately 75 % of borrowers use Prosper to consolidate or refinance existing debt.
You can not use a SBA microloan to refinance existing debt or to purchase real estate.
There are plenty of reasons to refinance your existing debt, but let's take a look at the 3 biggest ones.
Proceeds can then be used to refinance existing debt, acquire new titles or catalogues, facilitate ownership transfers; or be set aside for working capital needs, investment purposes and tour financing.
Lower - rated corporations are rushing to take advantage of the low rates in the high - yield bond market to refinance existing debt and to finance acquisitions.
Brokers also work with entrepreneurs to refinance existing debt, arrange financing and leasing agreements for equipment, helping new business owners launch their startups and franchises, and even collect revenue from outstanding accounts for entrepreneurs.
DRH was able to refinance existing debt and fund the acquisition by partnering with its senior lender, Citizens Bank, for a total of $ 155 million in new financing.
They would like to refinance some existing debt and borrow additional funds to improve their facilities.
One way to affect your debt - to - income ratio and improve your chances of qualifying for an installment loan is to refinance any existing debt you have at a longer term length if possible as that will reduce the amount you're paying towards your debt monthly and change your debt - to - income ratio.
Approximately 75 % of borrowers use Prosper to consolidate or refinance existing debt.
You can refinance existing debt, hire more employees, buy inventory or equipment, or move or expand your space.
Debt restructuring is a very practical move if you are looking to refinance your existing debts.
For instance, microloans provided by the U.S. Small Business Administration (SBA) can be used for working capital, inventory purchases or other similar purposes, but they can not be used to refinance existing debt or purchase real estate.
You can not use a SBA microloan to refinance existing debt or to purchase real estate.
NCB has over 37 years of experience of working with housing cooperatives on providing long term financing for capital improvements or to refinance existing debt.
For example, some types of Small Business Administration (SBA) loans can not be used to refinance existing debt or purchase real estate.
Many people choose to get a new mortgage in order to refinance their existing debts.
You can also emphasize loans in which borrowers are refinancing existing debt, rather than taking on new debt.
You can use them for debt consolidation, to refinance existing debt, purchase inventory, acquire equipment, set up a new business location, remodel your business, or pay for marketing expenses.
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