Sentences with phrase «secured against the loan»

the banks want something to secure against the loan like massive long term tickets sales (like us) or some high substantial level of growth in revenue in a few years time from the loan.
This means that if the borrower defaults, they could lose their home or the value of the assets secured against the loan.

Not exact matches

According to Bloomberg, it has granted four loans, worth around $ 300 million in total, secured against Trump properties in Washington, Chicago and Miami.
If nobody will lend to you, securing loan against your business assets can be a great option.
Pro: Since the loan is secured against an asset, no credit check is required and the credit agencies are not informed about the transaction.
Just like a traditional licensed pawnbroker, Pawngo secures loans against items of value or buys them outright.
If you have some assets, you might consider borrowing against them with a secured loan to consolidate your debts.
Every loan we underwrite is secured against property.
Securing a business loan before you need it can help build credit and protect you against business slowdowns.
The vast majority of lenders, including the big banks, tend to secure loans against an asset.
Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house.
All loans on our platform are secured against UK property.
The garment offered to secure the loan «is his only covering» against the cold of the night and may not therefore be retained overnight.
My opinion is that nothing will change with a new manager, Silent Stan will still want to make profit to increase his wealth and as such allow him to buy more by securing loans against his assets.
By Paul Nicholson March 4 — The five - year long New York court case following the sale of Liverpool Football Club to Fenway Sports Group revealed this week former owner George Gillett Jr is still paying # 125,000 a month in debt repayments for a loan secured against the club, and that the new owners felt that due to the aging playing squad the # 295 million price was in fact an overpayment for the asset.
But another way a bank can limit its losses on a loan is by securing it against property.
Turning to the wider issue of the loan itself, the chancellor insisted the money had been secured against assets held by Northern Rock.
On the whole, university loans are of a traditional mortgage nature, with funds secured against assets although there have been instances of more complex arrangements including debentures and securitisation of residential income streams.
This will be required to secure a loan that will protect your lender against any problems that may arise with the title.
A secured loan is one that is secured against something that you already own.
Belleville private mortgage lenders loan out money as a registered mortgage secured against real estate.
A car title loan is a secured loan that works by using an automobile as collateral against the loan, which is why the type of car someone has makes all the difference.
While credit score is of utmost importance to banks, private lenders concentrate on the market value of a property and loans secured against it.
Additional possibilities include auto title loans or borrowing against home equity, but it's important to consider potential consequences for failing to repay secured loans.
For example, if you live in Alberta and have a car worth $ 15,000 and there is a secured loan against it with $ 11,000 owing, your equity in the car is $ 4,000.
A private lender mortgage is a loan which is secured against real estate and is not provided by a large financial institution.
Blanket Mortgages — this is an arrangement where the loan is taken against many properties to guarantee secure financing.
This is because the loan will be secured against your house.
Home equity loans are sometimes referred to as «second mortgages» because they are also secured against the value of the borrower's home or property.
You will be asked to allow the lender to place a lien against an item of value to secure your loan.
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Unsecured Loans and Bad Credit Loans: Part I Whether you are a renter who does not have a home to put up for collateral or a homeowner who does not wish to secure a loan against your property, you can find an unsecured loan...
The secured loan will require you to pledge security against repayment of the loan - as in the deed to your home or other valuable property.
Timmins private mortgage lenders loan out money in form of registered mortgages secured against real estate.
By dividing secured debts against appraised selling price of property, they get the loan to value ratio, which shows what percentage of the home you own.
Whether you are a renter who does not have a home to put up for collateral or a homeowner who does not wish to secure a loan against your property, you can find an unsecured loan that can work for you.
A secured loan, on the other hand, presents less of a risk to the lender because it is secured against a piece of valuable property — generally a house — that can be seized should a borrower fail to pay.
Even if you have poor credit, it is possible to attain a loan that does not require property secured against it.
A bad credit auto loan provides you with the money to fund your vehicle purchase, and the lender secures collateral for the loan in the form of putting a lien against the vehicle until it is paid for in full.
Unsecured Loan A loan that is not secured against private propeLoan A loan that is not secured against private propeloan that is not secured against private property.
«A secured credit card is where you put up money as collateral against the card, so that if you don't make a payment, the bank can cover the loan,» says Ben Jackson, senior analyst, Prepaid Advisory Service at Mercator Advisory Group.
Though the risk of repossession may drive you away from secured loans, the truth is that even with an Unsecured Bad Credit Loan, the lender can take legal action against you to recover his money.
Secured loans will include debt like home loans, loans against security, car loan, etc..
Like a credit card however, unsecured credit loans are differentiated from secured loans by the fact that they are not secured against...
The primary di ffe rence between an unsecured and secured loan is the way the lender protects itself against a potential default.
Loans without security do generally incur a higher rate of interest than those secured against an asset.
A reverse mortgage is a loan secured against your house, typically representing up to 50 % of its value.
When getting a loan from a private lender, the loan would be secured against the property.
Because the loan is small, and is secured against a guaranteed pay check, there is little reason to seek information on credit history.
Since a second mortgage is a loan that is secured against property, it is generally offers lower interest rates than credit cards and personal loans.
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