Sentences with phrase «revolving line of credit»

How it works: Lenders offer revolving lines of credit with no collateral required, based on the entrepreneur's personal credit history.

Interest rates for revolving lines of credit are variable and tied to an index, but may be guaranteed for a time.

For consumers with a large amount of debt on revolving lines of credit, such as credit cards, a loan can also help them pay back that debt on a set schedule.

A couple of revolving line of credit accounts will be more ubiquitous than student loans since credit cards are easier to obtain than getting into and paying for college.

For example, if you have two credit cards with a $ 500 limit each and no other revolving lines of credit, then you have a total limit of $ 1,000.

The acquisition was funded from the company's unsecured revolving line of credit and cash on hand.

Credit cards (but not debit cards or check cards) show up under revolving lines of credit.

Credit histories are only affected by specific types of credit: revolving lines of credit like credit cards and installment loans like mortgages.

That means if you have revolving lines of credit totaling $ 30,000, you can have up to $ 9,000 outstanding without hurting your credit score.

Although meant mainly for use as a HELOC calculator, it was designed to simulate a general revolving line of credit.

Take advantage of discounts, purchase inventory, improve liquidity, or meet short - term cash requirements with a flexible, easy - to - access revolving line of credit.

An HELOC is a kind of revolving line of credit whose interest rates are flexible.

These include any mortgages, car loans, personal loans, and revolving lines of credit such as credit cards.

Similar to other revolving lines of credit, you draw funds when you need them and you only pay interest on the funds you use.

Credit cards are a type of revolving line of credit that don't have a specific amortization period defined.

Flexible, revolving line of credit secured by a primary or secondary residence located in a state where Regions has a branch.

The USDOT provides a guarantee to participating STLP financial institutions who provide revolving lines of credit up to $ 750,000 for small businesses with federally funded transportation - related contracts.

As part of the purchase agreement, Brookfield has agreed to assume the Goldman loan and provide Mills with a $ 500 million revolving line of credit until the acquisition closes.

Other loans use revolving lines of credit.

And focusing on small - scale, amortizing loans (i.e. not revolving lines of credit, which are just about all the big banks offer these days), they can be more useful for those people trying to get out of high - interest debt.

In addition to a two - year revolving line of credit to get the business up and running, each micro-enterprise participates in a capacity program, where the entrepreneur receives training in assessing the market, writing a business plan, recruiting and monitoring a sales force, HR management, inventory management, and other skills to ensure a sustainable and profitable business.

Installment loans have fixed payment amounts while revolving lines of credit allow the borrower to determine the repayment rate.

It replaced another SBA program known as the Export Revolving Line of Credit Program.

SBA CAPLines are designed to help small businesses manage cyclical cash flow needs through revolving lines of credit.

Revolving Line of Credit A loan agreement in which a certain amount of money is able to be borrowed.

This is a general revolving line of credit calculator, useful for estimating and tracking payments on a Home Equity Line of Credit (HELOC).

The difference — and it's huge — is that secured cards give you a genuine revolving line of credit, not just the ability to spend money you already deposited on the card.

Revolving lines of credit conveniently allow you to advance on the line when the business needs cash and pay down on the line balance when the business has strong cash flow to fit into your business cash flow cycle.

Revolving lines of credit vary drastically from the other most common type of loan which is installment based.

When JPMorgan Chase (JPM) extended Lions Gate's revolving line of credit last year, the terms included a provision that triggers instant repayment if an investor buys more than 20 % of the company's stock.

· Internex Capital provides short - term revolving lines of credit to small and mid-sized businesses.

A Mobank revolving line of credit is a great way to quickly access cash when your business needs it.

Other names for this document: Revolving Line of Credit Agreement

It's a 36 month revolving line of credit meaning I have to reapply every 36 months because it is not my primary residence.

OAK BROOK, IL — Inland American Real Estate Trust Inc., based here, has entered into a new, three - year $ 200 million unsecured revolving line of credit facility, and a four - year, $ 75 million unsecured term loan.

American Healthcare Investors and Griffin Capital Corp., the co-sponsors of Griffin - American Healthcare REIT II Inc., announced that the REIT has entered into a $ 200 million unsecured revolving line of credit with Merrill Lynch, Pierce, Fenner & Smith Inc. and KeyBanc Capital Markets as joint lead arrangers.

However, only balances on revolving lines of credit are factored into your credit utilization ratio.

As part of the purchase agreement, Brookfield has agreed to assume the Goldman loan and provide Mills with a $ 500 million revolving line of credit until the acquisition closes, which should occur in the second half of 2007.

An average credit score will usually be sufficient for credit cards and other revolving lines of credit, however the terms and conditions associated with these accounts will likely be average at best.

Small business loans function similarly to auto loans and mortgages in their most basic form, but they can also take the form of revolving lines of credit.

Beyond that, I know people who get fabulous results without collateral from Unsecured revolving lines of credit.

According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»

The business Skaist - Levy and Nash - Taylor had started with just US$ 200 of their own money and a revolving line of credit was growing rapidly and garnering attention from major fashion companies.

Three months of timely payments wins the business a higher limit and a revolving line of credit.

A local investment - banking firm that has gone into competition with local banks by offering entrepreneurs a revolving line of credit.

They can provide venture - capital funds, revolving lines of credit, and all kinds of other financing arrangements for small businesses,» notes Jesus Arguelles, a Los Angeles - based business financial consultant who helps entrepreneurs raise funds.

A line of credit, or revolving line of credit, is a flexible loan option for businesses.

A revolving line of credit helps you borrow money yet retain flexibility.