Sentences with phrase «secure a loan based»

Some banks will make secured loans based on the amount you have in a savings account or the value of any stocks you own.
The way that title loans Indian Trail are able to help so many drivers in North Carolina is that they offer you cash for a secured loan based on an estimated value of your vehicle.
Additionally, you may be able to secure a loan based upon your policy's cash value.
Our platform will remove the uncertainties which small investors normally face by helping them build a secured loan based investment portfolio that delivers a competitive, predictable and consistent return.
Additionally, you may be able to secure a loan based upon your policy's cash value.
Our platform will remove the uncertainties which small investors normally face by helping them build a secured loan based investment portfolio that delivers a competitive, predictable and consistent return.

Not exact matches

Remember though, if you default on a secured loan then the assets or asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out of business, so there is some element of risk to consider with asset - based financing.
There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).
The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.
Banks generally underwrite loans based upon the value of specific assets and attach liens to those specific assets to secure a small business loan.
With improved credit performance and loan yields, our realigned cost structure and a secure funding base, we are well - positioned to build on our success and continue margin expansion.»
«P2P» (peer to peer) is a term used to describe a new way for borrowers to secure a loan electronically from individual investors through a web based platform instead of a traditional bank.
BIRMINGHAM, ALA. — Birmingham - based GCP has secured a $ 60 million loan from MetLife for the refinancing of a seven - property industrial portfolio located throughout Atlanta, Charlotte, Alabama and Florida.
An asset based loan is a loan that is secured or collateralized with tangible and / or intangible assets.
Alternatively, the borrower might secure the loan with a postdated check — dated for the end of the loan term, or due date — for the total amount of the loan and the interest charges based on the loan term.
One bank has introduced a small business loan secured by commercial property, reducing the interest rate at which such a loan would previously have been available from this bank, while another introduced a «basic» residentially secured term loan for small business at 6.35 per cent, 40 basis points lower than that bank's standard residentially secured term loan.
GISC LoanCoin Network is a utility token based lending and borrowing platform that allows users to leverage their blockchain assets to secure cash loans.
The SBA expects its loans to be fully secured, but will not generally decline a loan based on inadequate collateral, assuming the borrower satisfies the other standards for capital, credit, capacity and character.
According to the company, GemCap is an equity investor in low - and middlemarket sized companies, but it also provides asset - based loans — ranging from $ 1 million to $ 10 million — as a senior - secured lender.
Tuttomercatoweb suggests the Blues have secured the Portugal winger's services on a loan basis, with the option to make the deal permanent at the end of the season.
Chalobah is likely to depart on a permanent basis with Watford increasingly interested in bringing the England Under - 21 midfielder back to Vicarage Road after a wildly successful loan spell four years ago, but the other four are expected to secure loan moves instead.
Student loan debt is also sold in securities which are rated as more secure based on the difficulty to discharge them.
The Secretary shall establish a repayment schedule for each secured loan under this section based on the projected cash flow from project revenues and other repayment sources, and the useful life of the project.
A hard money loan is a specific type of asset - based financing where a borrower receives funds secured by equity in real estate.
Rates start at 5.99 % for unsecured loans and 3.99 % for secured loans (rates for the line of credit are variable and based on the Prime Rate).
Mortgage loans rates and closing costs and fees vary based on many factors, including your particular credit and financial circumstances, your earnings history, the loan - to - value requested, and the type of property that will secure your loan.
If we are able to help you with a car loan, the rate we can secure for you will be based on your credit score and the vehicle in question.
On the other hand, secured loans tend to have a more relaxed repayment schedule and the fund limit available on a case by case basis rather than there being a fixed amount.
A hard money loan is an asset - based loan through which a borrower receives funds secured by the value of their property or assets, rather than credit.
«No creditor may make a loan secured by real property [i.e., a mortgage loan] unless the creditor, based on verified and documented information, determines that, at the time the loan is consummated, the consumer has a reasonable ability to repay the loan... and all applicable taxes, insurance, and assessments.»
We tallied the amount of investment, loans and all other funding that each company secured, then categorized the companies based on the area that their product or service addresses.
The word «secured» in this case describes a loan that is based on a piece of collateral, or a guarantee.
In Wisconsin, Mariner Finance offers personal loans on both a secured and unsecured basis, and the lender allows for co-signers should the primary borrower need it.
Borrowers can qualify for either a secured or unsecured loans based on their financial needs, each which come with a fixed interest rate and a fixed monthly payment for the life of the loan.
Missouri Credit Union offers secured collateral personal loans and lines of credit to its members based on creditworthiness.
These credit cards work just like a regular credit card, except instead of the bank extending you credit based on your history of managing your credit responsibly, they give you a credit line typically equal to the amount of cash collateral you're able to deposit with them to secure the loan.
However, according to consumerfinance.gov, if you have a secure job, savings for an emergency, a strong credit score and likely won't benefit from forgiveness based options, it's worth considering what student loan refinancing can do for you.
The secured personal loan APR is based off of the prime rate from Wall Street Journal.
Secured loans have collateral, so lenders can pay much more based on the equity of your vehicle.
Lenders may offer both unsecured personal loans and asset - based secured loans, and the most frequently used collateral for the second choice is a borrower's home equity.
Title loans are a way for consumers to gain access to needed funds on a short term basis by using their vehicle as collateral to secure a loan.
Selecting a Texas REALTOR ® will help you save time and money by researching properties based on loan criteria secured by Clear Lending.
Our experts at Source Capital provide asset - based lending — a term that describes a loan secured by collateral.
As a premier hard money lender in Los Angeles, we specialize in providing asset - based commercial and residential mortgage loans to borrowers in the Southern California region, and also secure funds for properties located in Arizona and Minnesota.
Perhaps the safest way of settling your private student loans is to sign up for an income - based repayment plan once you secure a job.
These conditions can vary based on the type of loan you're looking to secure, and vary by company and lender, as well.
Unlike a secured loan that has collateral standing good in the event that you should default or fail to honor the terms of your loan agreement, an unsecured loan is based solely upon your personal credibility and creditworthiness.
Loans based on equity are then secured loans that use the available equity on the property to guarantee repayment of an amount of money lent to the propriLoans based on equity are then secured loans that use the available equity on the property to guarantee repayment of an amount of money lent to the propriloans that use the available equity on the property to guarantee repayment of an amount of money lent to the proprietor.
Some projects are debt - based, meaning that you are providing a loan that is secured by the property.
LightStream offers both secured and unsecured loans based on your qualifications.
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