Sentences with phrase «saying his loan guarantees»

Not exact matches

The Small Business Administration isn't expecting to slow down its pace of guaranteeing loans in the wake of the sequester, says outgoing SBA - chief Karen Mills.

«In general, many of these have long payback periods, so loan guarantees over the life of those projects are quite helpful in getting customers over the hump of taking the risk on new technology,» says Neichin.

For retirees who are still paying off large loans (think failed business ventures or real estate deals), a guaranteed level - premium term life policy is ideal, said Scott Simmonds, a fee - only insurance consultant in Saco, Maine.

The New York State Department of Financial Services (DFS) made the requests to Deutsche Bank, Signature Bank and New York Community Bank for information on loans and other financial arrangements including lines of credit and loan guarantees a week ago, the person said.

Gaebler lauded the law's language allowing the SBA to raise its loan guarantee from current levels to as much as 90 percent for some loans, but said «this latest, new rule negates some of those provisions and... doesn't offer much respect to the small business economy, especially when you consider the big role that small business plays in an economic recovery.»

INEOS Bio (which is the biofuel arm of petrochemical giant INEOS) and developer New Planet Energy say they will use the loan guarantee to build the «INEOS BioEnergy Center,» near Vero Beach, Florida, that will produce 8 million gallons of advanced biofuels and 6 MW of biomass power from plant waste and trash per year.

Separately, the FHFA said Monday it would study reducing the loan amounts that Fannie and Freddie guarantee by around 4 %, bringing the national limit to $ 400,000 from its current level of $ 417,000.

The Federal Housing Administration, a government agency that guarantees loans with down payments as small as 3.5 %, said earlier this month that it would drop the maximum loan limit in around 650 counties.

Man United want to send the 21 - year - old out on loan to a Premier League club this season where he will have guaranteed playing assurances, so say the Sun, but they also state that Januzaj will want to leave on a permanent basis if the club try to arrange another loan move.

The summer will be so interesting, at least one or two of Ox, Walcott, Sanogo and Campbell will leave on loan or permanently, my mind says Campbell is guaranteed to leave and if he does I will be sad...

Time for some brutal honesty... this team, as it stands, is in no better position to compete next season than they were 12 months ago, minus the fact that some fans have been easily snowed by the acquisition of Lacazette, the free transfer LB and the release of Sanogo... if you look at the facts carefully you will see a team that still has far more questions than answers... to better show what I mean by this statement I will briefly discuss the current state of affairs on a position - by - position basis... in goal we have 4 potential candidates, but in reality we have only 1 option with any real future and somehow he's the only one we have actively tried to get rid of for years because he and his father were a little too involved on social media and he got caught smoking (funny how people still defend Wiltshire under the same and far worse circumstances)... you would think we would want to keep any goaltender that Juventus had interest in, as they seem to have a pretty good history when it comes to that position... as far as the defenders on our current roster there are only a few individuals whom have the skill and / or youth worthy of our time and / or investment, as such we should get rid of anyone who doesn't meet those simple requirements, which means we should get rid of DeBouchy, Gibbs, Gabriel, Mertz and loan out Chambers to see if last seasons foray with Middlesborough was an anomaly or a prediction of things to come... some fans have lamented wildly about the return of Mertz to the starting lineup due to his FA Cup performance but these sort of pie in the sky meanderings are indicative of what's wrong with this club and it's wishy - washy fan - base... in addition to these moves the club should aggressively pursue the acquisition of dominant and mobile CB to stabilize an all too fragile defensive group that has self - destructed on numerous occasions over the past 5 seasons... moving forward and building on our need to re-establish our once dominant presence throughout the middle of the park we need to target a CDM then do whatever it takes to get that player into the fold without any of the usual nickel and diming we have become famous for (this kind of ruthless haggling has cost us numerous special players and certainly can't help make the player in question feel good about the way their future potential employer feels about them)... in order for us to become dominant again we need to be strong up the middle again from Goalkeeper to CB to DM to ACM to striker, like we did in our most glorious years before and during Wenger's reign... with this in mind, if we want Ozil to be that dominant attacking midfielder we can't keep leaving him exposed to constant ridicule about his lack of defensive prowess and provide him with the proper players in the final third... he was never a good defensive player in Real or with the German National squad and they certainly didn't suffer as a result of his presence on the pitch... as for the rest of the midfield the blame falls squarely in the hands of Wenger and Gazidis, the fact that Ramsey, Ox, Sanchez and even Ozil were allowed to regularly start when none of the aforementioned had more than a year left under contract is criminal for a club of this size and financial might... the fact that we could find money for Walcott and Xhaka, who weren't even guaranteed starters, means that our whole business model needs a complete overhaul... for me it's time to get rid of some serious deadweight, even if it means selling them below what you believe their market value is just to simply right this ship and change the stagnant culture that currently exists... this means saying goodbye to Wiltshire, Elneny, Carzola, Walcott and Ramsey... everyone, minus Elneny, have spent just as much time on the training table as on the field of play, which would be manageable if they weren't so inconsistent from a performance standpoint (excluding Carzola, who is like the recent version of Rosicky — too bad, both will be deeply missed)... in their places we need to bring in some proven performers with no history of injuries... up front, although I do like the possibilities that a player like Lacazette presents, the fact that we had to wait so many years to acquire some true quality at the striker position falls once again squarely at the feet of Wenger... this issue highlights the ultimate scam being perpetrated by this club since the arrival of Kroenke: pretend your a small market club when it comes to making purchases but milk your fans like a big market club when it comes to ticket prices and merchandising... I believe the reason why Wenger hasn't pursued someone of Henry's quality, minus a fairly inexpensive RVP, was that he knew that they would demand players of a similar ilk to be brought on board and that wasn't possible when the business model was that of a «selling» club... does it really make sense that we could only make a cheeky bid for Suarez, or that we couldn't get Higuain over the line when he was being offered up for half the price he eventually went to Juve for, or that we've only paid any interest to strikers who were clearly not going to press their current teams to let them go to Arsenal like Benzema or Cavani... just part of the facade that finally came crashing down when Sanchez finally called their bluff... the fact remains that no one wants to win more than Sanchez, including Wenger, and although I don't agree with everything that he has done off the field, I would much rather have Alexis front and center than a manager who has clearly bought into the Kroenke model in large part due to the fact that his enormous ego suggests that only he could accomplish great things without breaking the bank... unfortunately that isn't possible anymore as the game has changed quite dramatically in the last 15 years, which has left a largely complacent and complicit Wenger on the outside looking in... so don't blame those players who demanded more and were left wanting... don't blame those fans who have tried desperately to raise awareness for several years when cracks began to appear... place the blame at the feet of those who were well aware all along of the potential pitfalls of just such a plan but continued to follow it even when it was no longer a financial necessity, like it ever really was...

The Oyster Bay Town Board could approve a new agreement to remove $ 20 million loan guarantees extended on behalf of jailed restaurateur Harendra Singh as soon as May 24, Town Supervisor John Venditto said.

Government plans to get the economic moving again, including the National Loan Guarantee Scheme and the Funding for Lending scheme announced earlier this week, are welcome, Niesr said, but it added: «Having a clear plan for the financial infrastructure the UK economy requires would be far better than this piecemeal approach.»

Town officials, in return, indirectly guaranteed loans to Singh's companies, papers said.

Venditto's lawyer says in court papers that the former supervisor was a victim of a scheme orchestrated by Singh, Deputy Town Attorney Fred Mei and Harris Beach to obtain millions of dollars in loan guarantees for Singh.

Venditto said the town is considering a proposal that would allow investors to take over operations of the concessions, remove the loan guarantees and get the Singh's out.

January 2010 to December 2013: Prosecutors said Singh is granted a loan for $ 20 million guaranteed by amendments to concession agreements with Town of Oyster Bay.

Had he known about the loan guarantees, it could have «potentially» dissuaded him from buying the town's securities, he said.

Hoffmann also said that he first learned about Oyster Bay's indirect loan guarantees for restaurateur and town concessionaire Harendra Singh from a Newsday reporter who called in August 2015 to ask about them.

The attorney also disputed the allegations involving Oyster Bay, saying Mangano «had absolutely no authority or influence over any decision Oyster Bay officials made to extend to Mr. Singh a loan guarantee.»

He said the case is not about whether the town's guarantees of loans for H. Singh was legal or not.

He said although the loan was acquired to finance the party's 2012 campaign, he as «Chairman of the 2012 Presidential Campaign Finance Team contracted and Guaranteed for purposes of the elections» and this has nothing to do with the party.

Singh said that in exchange the officials helped him to secure county contracts and town - guaranteed loans.

He refused to give a guarantee that Labour had not given peerages for loans, saying «I am bound to say not all the information possibly is out yet and we are still looking at it.»

Singh said that in addition to the town - guaranteed loans, he received county contracts in exchange for his bribes.

Prosecutors say the Manganos and Venditto were involved in a scheme to illegally get Singh Nassau County contracts as well as more than $ 20 million in indirect loan guarantees from Oyster Bay.

An investment analyst who worked with the Town of Oyster Bay but, like other outside advisers, said he was kept out of the loop about the town - guaranteed loans for restaurateur Harendra Singh testified Wednesday that he bought securities amid the town's weakened financial state when it offered taxpayer - funded incentives.

Singh sought to find a law firm not employed by the town that would write a letter to financiers to help with his loan guarantees, Agnifilo said.

The indictment said Mei arranged for meetings between the concessionaire and a lender in an unsuccessful bid for another loan guarantee.

The Rivkin Radler partner said he felt that pressure despite delivering the news — both verbally and via a memo authored by himself and Savino — that the town could not legally guarantee a loan for Singh or a private individual.

Instead, Venditto was willing to try to work out a «legal way» — evidenced by the seeking of lawyers» opinions — for the town to guarantee Singh's loans in order for him to make upgrades to the beach and golf course where he was a concessionaire, Agnifilo said.

The chancellor said he planned to commit # 44bn in capital funding, loans and guarantees to support the UK housing market.

As a result of the town's guarantee on the loan, the restaurateur allegedly was able to default on the loans and the town of Oyster Bay would be responsible for paying the lender and bank, the indictment says.

The redacted documents come from the town, Mangano's old law firm, Rivkin Radler and Jonathan Sinnreich, the outside counsel for the town who objected to the Singh loan guarantee, the prosecutors said in court papers.

The documents come from the town, Rivkin Radler — Mangano's former law firm — and Jonathan Sinnreich, an outside counsel for the town who objected to the Singh loan guarantee, the prosecutors said in court papers.

Mangano eventually «used his official position to advise and pressure Venditto to guarantee Singh's loans,» the prosecutors said in court papers.

Singh and Mei switched out pages of a $ 2 million Oyster Bay - guaranteed loan agreement that Venditto had signed for ones approving a $ 3.4 million deal, Agnifilo said.

As early as January 2010, Singh asked Mangano, who had just become county executive, to help him obtain the town loan guarantees, and Mangano told him «it would get done,» Eastern District prosecutors Catherine Mirabile, Lara Treinis Gatz and Raymond Tierney say in their new motion.

And Singh met with Venditto on Aug. 9, 2011 — around the time Singh secured his third and fourth town - guaranteed loans — but did not discuss the loans with the supervisor, Agnifilo said.

Prosecutors say the Manganos and Venditto accepted bribes and kickbacks to arrange loan guarantees and contracts for restaurateur Harendra Singh.

Singh said he did so in exchange for hundreds of thousands of dollars in county contracts and millions of dollars in town - guaranteed loans.

Cameron, it goes without saying, was referring to the loan guarantee scheme.

Oyster Bay Town Supervisor John Venditto hasn't given board members details about a proposal he announced more than a month ago to get the town out from under $ 20 million in loan guarantees extended on behalf of indicted restaurateur Harendra Singh, three board members said.

«No one else has guaranteed the loan,» Spitzer said in an affidavit.

As his money problems mounted, Singh allegedly bribed Oyster Bay officials to guarantee millions of dollars in loans that prosecutors said were used for operating expenses of other businesses rather than the capital expenses at town facilities for which they were intended.

Prosecutors said the allegation that Venditto made «material misrepresentations and omissions to the TOB's [Town of Oyster Bay's] securities offerings in order to fraudulently induce investors to invest in TOB's securities offerings» is central to the case, specifically that the town supervisor concealed the town - guaranteed loans for Singh.

Kasschau said he started at Harris Beach in September 2014 and had no involvement in the loan guarantees.

The bribes were in exchange for lucrative county contracts and $ 20 million in indirect loans guaranteed by amendments to his concession agreements with the Town of Oyster Bay, Singh said.

Singh, whose testimony dominated the first four weeks of the trial in Central Islip, said that he bribed Edward Mangano and Venditto in exchange for two county contracts and more than $ 20 million in town - guaranteed loans.

The indictment says Edward Mangano and Venditto received bribes and kickbacks for assisting in guaranteeing loans to a businessman.