Sentences with phrase «refinance old debt»

At least some portion of the new debt will be used to simply refinance the old debt (see Section 7.13 (b)(ix) of the Merger Agreement, which requires Heinz to obtain payoff letters of its existing bank debt), though some Heinz debt will roll.
You can not use CDC / 504 loans for working capital or to refinance old debts.

Not exact matches

Refinancing of old debt will pretty much vanish.
When you refinance student loans, you pay off your old debt by taking out a new loan with a different lender and repayment terms.
This means that the recent discussions about the required funds to help some of the most indebted regions to refinance their «old debt» are not so relevant from the point of view of total national public indebtedness.
The savings they achieve will be used to refinance the debt of the old public school system.
However, you must be 18 years or older and have at least $ 5,000 in student loan debt you're looking to refinance.
When you refinance student loans, you're essentially repaying your old student loan debt by taking on a new loan with fresh terms — including a new loan length, interest rate and monthly payment.
You are consolidating your many debts into one, by refinancing with a new loan to pay off several old debts.
When you refinance and consolidate, you are effectively paying off your old debt, and creating one new loan.
If you choose to specifically go to a lender that specializes in refinancing, they will handle paying off your old debt for you, so you can sit back and just reap the savings.
Refinance with a Subordination Request If a lien can not be nullified, you can still try to partner with a refinance lender and with the lien holder to pay off the old debt using homRefinance with a Subordination Request If a lien can not be nullified, you can still try to partner with a refinance lender and with the lien holder to pay off the old debt using homrefinance lender and with the lien holder to pay off the old debt using home equity.
Refinancing involves repaying an older debt by taking on a new loan with different terms than your original loan.
If making that business credit card payment each month is getting old, you may have considered refinancing your business debt to get a better interest rate and save some money.
In addition, refinancing means that your old loans will be paid off — resulting in a closed account and potentially higher utilization ratio if you have other debts.
College debt consolidation is the process of refinancing old private and federal educational debt with a new private student loan lender.
When a loan is refinanced, the old debt is paid off by the new lender and a new loan is created to replace the old one.
Divorcing parties under the old law could use a HELOC or refinance to help in restructuring their finances, for example, by paying off high interest credit card debt, legal fees for the divorce, or to fund transitional expenses for a spouse during the divorce process.
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