Sentences with phrase «relied on bank»

Prior to the emergence of blockchain technology, businesses relied on bank loans or interventions from venture capitalists and angel investors to achieve the funding that they need.

If we can rely on a bank's selection process and its commitment to carry out an initial public offering, that helps convince us.

Mr Dawson said the fund was relying on bank balance improvements in the 2012 - 13 financial year to enable it to continue funding subsidies at the current level.

Specifically, its users could pay for services purely through digital tokens without relying on banks or payment processors, which are often the target of government scrutiny or censorship.

One reason for looking at junk bonds is that the firms that issue junk bonds are closer on the risk continuum to a large mass of firms that are too small and too weak to issue bonds at all, and that rely on banks or the informal capital market for funds.

Although OTC trading relies on bank wires and mainstream communication channels (e.g., Skype), there are apparently no reporting requirements or independent audits for this slice of the cryptocurrency industry.

Instead, Europe relies on banks and insurance companies to do this.

It enables all this to be made with a simple smartphone, and without having to rely on a Bank.

Currently, non-US citizens who want to invest in American companies have to rely on bank wire transfers, which can be costly for senders and difficult for recipients to track and receive in full.

Details about the Senate plan have been kept close to the vest, but lawmakers indicated that relying on banks to raise additional revenue has been discussed.»

A second problem with relying on a bank to provide your unsecured business loan is time.

Pensioners have been hardest hit by the measures, with many of them still relying on bank books rather than cards to withdraw money.

Lenders rely on bank routing and account numbers during the underwriting process, and as a way to ensure prompt payment.

This is essential when seeking approval for online loans as, with no branch to visit, an online lender relies on bank accounts to both issue loan funds to and take monthly repayments from.

Also, the more you rely on the bank and use them to pay bills, the more they learn about you over time and can use that data in overall marketing plans.

«It can not only save you money, it can save you hours of solving issues on your own and getting the call center runaround you might get by relying on a bank's toll - free number.»

I am not willing to close my accounts because I rely on banking for everyday things like direct deposits, paying bills and transferring money.

Relying on bank savings often falls short, and having your retirement savings exposed to the ups and downs of the market can be nerve - racking.

Why rely on a bank, when you can go out & find a Western Union (WU: US) or a Moneygram (MGI: US) office instead.

We are simply «used to» relying on banks to help us purchase things we can't afford up front, like I said before you have to be able to play both roles, both the banker and the customer.

Relying on your bank is probably the easy option here, but could also be one of the priciest.

Although lawyers have long relied on banks to hold client trust funds, ethics regulators never weighed in on whether one bank was more secure than another; banks remained subject to regulation by the FDIC and other agencies because banking issues are beyond the scope of ethics regulators» jurisdictions.

Finally, if nonlawyer owners could invest in law firms, Heller might have had access to a permanent source of capital to stay afloat and would not have had to rely on bank loans alone.

The bank sought to rely on Bank of Scotland v Singh (QBD unreported 2005) as authority for the proposition that the Regulations do not apply to a bank guarantee, as followed in Williamson v Bank of Scotland [2006] EWHC 1289 (Ch), [2006] All ER (D) 323 (Mar) and Manches LLP v Freer [2006] EWHC 991, [2006] All ER (D) 428 (Nov).

While you can rely on the Bank of Mom and Dad to bail you out of trouble, or put the bills on your credit card, isn't it about time you take responsibility?

Rather than rely on the Bank of Mom and Dad if you are stuck with a disaster and loose your belongings, Bismarck renters insurance can keep you in control of your own finances and for as little as $ 10 per month.

Rather than rely on the bank of Mom and Dad or yet another student loan, why not start your life on the right foot by investing in Owensboro renters insurance?

While you can rely on the Bank of Mom and Dad or get a loan, this is not the best way to assert your independence and start your life.

If you store it with an exchange, you're relying on that exchange like you'd rely on a bank.

This is bad news for cryptocurrency exchanges in particular who rely on banks for their business.

Specifically, its users could pay for services purely through digital tokens without relying on banks or payment processors, which are often the target of government scrutiny or censorship.

I think they are great services that are helping lots of people achieve their business dreams without having to rely on bank loans and I fully support more people raising capital with these services.

Bitcoin was developed with the aim to provide financial independence to people and is backed by the Blockchain technology - a platform that doesn't rely on banks, governments or any other institutions.

We rely on banks, law enforcement, and employers in order to grow wealth inside the socioeconomic system.

While blockchains make it easier than ever for entrepreneurs to raise funds (it's as simple as creating an ETH address and can be done without relying on any bank or any third party service), tokens should not be thought of as a funding mechanism first and there should be a clear purpose for the token (either as a usage token, a work token, or both).

Bitcoin made it possible to make financial transactions without the need to rely on banks or other third party brokers.

REITs, unlike most multifamily developers, don't have to rely on banks for construction financing.

Crowdfunding goes even further, completely breaking from traditional mortgage lending and having to rely on banks.

Not exact matches

The bank also owns and controls much of its branch and distribution network, so it doesn't rely on third - party mortgage brokers, for example.

As most unregulated lenders insure their mortgages and rely on CMHC securitization programs or the major banks for their funding, most of their mortgages must comply with federal mortgage rules.»

The impact of the adjustment is likely to be mild on most parts of the economy — for instance, slightly increasing borrowing costs for consumers and small businesses that rely on more traditional bank - loan financing.

«A central bank that relies on a model that does not take rising integration (of the global economy) into account when it should do so will tend to react too gradually and perhaps insufficiently to external shocks,» Poloz said.

And while analysts hailed it as Canada's most international bank, they also worried that it relied too heavily on one country, Mexico, for much of its foreign earnings.

In the past, banks sought to generate their own leads for purchase loans, relying on realtors and advertising.

Banks retreated on home loans, issuing few purchase mortgages, and relying on the booming refi market for fresh business as rates plummeted.

Bank of America relies heavily on higher interest rates to maximize profits as it has a large stock of deposits and rate - sensitive mortgage securities.

Typically, these businesses describe their loans as faster and more readily available to customers than bank loans, because they leverage technology to evaluate risk on a number of factors, as opposed to relying solely on credit scores.

There about 9 million households without bank accounts and another 25 million with limited banking who rely too heavily on payday lenders and other not - great alternatives.

«He said, «Well, we don't rely on American banks.

Furthermore, banks rarely sold their mortgages to other institutions and never relied heavily on third - party mortgage brokers, thus reducing the chance they'd end up with income-less, asset-less debtors and keeping default rates low.