Sentences with phrase «secured credit assets»

Not exact matches

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

As Ron Lawson, managing director at the U.S. - based Logic Advisors, explains, without easy access to credit, agricultural producers were forced to cash in their assets to secure funds.

Pro: Since the loan is secured against an asset, no credit check is required and the credit agencies are not informed about the transaction.

Merrill, Lynch, Pierce, Fenner & Smith Incorporated, an affiliate of Wells Fargo Securities, LLC and J.P. Morgan Securities LLC, are Joint Lead Arrangers, Joint Bookrunners, and / or Co-Syndication Agents for the Senior Secured Asset - Based Revolving Credit Facility.

Affiliates of each of the Underwriters are lenders under the Senior Secured Asset - Based Revolving Credit Facility.

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).

Wells Fargo Bank National Association, an affiliate of Wells Fargo Securities, LLC, is Co-Collateral Agent for the Senior Secured Asset - Based Revolving Credit Facility.

Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.

1 Secured Business Line of Credit — This type of LOC requires the business to pledge specific assets as collateral to secure the line.

Israeli fintech company BlueVine announced today that it has secured a $ 200 million asset - backed revolving credit facility with Credit Scredit facility with Credit SCredit Suisse.

P2Binvestor (P2Bi) is a marketplace lender that offers asset - secured, revolving lines of credit to growing companies with big ambitions.

Your credit line is largely determined by the value of assets available to secure the line (primarily A / R and in some cases inventory).

First, RadioShack was party to a $ 585 million 2013 asset - based credit facility secured by a first priority lien on current assets, and a second priority lien on certain non-current assets (2013 credit agreement).

Upon filing the case, the company sought approval of an asset sale process pursuant to which Standard General would act as stalking horse and be permitted to credit bid its portion of the secured debt owed by the company under the 2013 credit agreement.

A Secured Business Line of Credit requires business owners to pledge assets as collateral in order to obtain the loan.

Even larger, more established security companies can have problems securing financing because of an owner's poor credit history or not having sufficient assets to satisfy demands for collateral.

The credit facility is secured against Premier League revenues firstly, and then other assets of the club.

Secured credit is a loan backed by an asset or collateral, such as a property, home, automobile or boat.

Those that benefit most are tenants, who often have insufficient assets, as well as a poor credit history, working against them, making the chances of securing mortgage approval smaller.

The maximum amount that you can borrow from secured loans depends on the asset's value you present as collateral as well as your credit history.

Home - ownership guarantees approval even with less than perfect credit, this is due to the fact that an asset securing a loan provides the lender with enough guarantee that his money will be recovered one way or another.

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.

Lines of credit are also typically secured by assets (aka collateral).

A debt consolidation loan can take the form of a second mortgage on your home (also called a home equity loan), a line of credit or a bank loan secured by some other asset or guaranteed by a family member or friend.

The line of credit can be secured with different assets.

Secured Personal Loans carry lower interest rate due to the fact that the loan is guaranteed by an asset and if you apply with a co-signer, the co-signer's credit score and history will be taken into consideration when determining the interest rate you'll have to pay.

Some cards require that you have an excellent credit rating, and one — our top card, the ScotiaLine secured Visa — requires you to use your home or other assets to secure the card.

In addition to outstanding credit, banks and credit unions prefer borrowers who have held their present jobs for a lengthy period of time, are in full and clear possession of valuable assets and boast a secure sources of income.

Your home is your largest asset, and you may choose borrow against it one or two ways: to secure a home equity loan in a lump sum or as a home equity line of credit (HELOC) to draw from as you need it.

If you have assets like a home or paid - off vehicle, you may not have a problem getting a secured loan from your bank even if your credit is poor.

Collateral — You can secure your letter of credit with real estate or business assets such as inventory, equipment, or cash.

Even renters who have little in the way of establish assets can secure a home loan with bad credit.

These loans typically have lower interest rates than credit cards, especially if you secure the loan by pledging an asset, such as your car as collateral.

The amount you qualify for is based on your credit scores, income, financial assets, and if necessary, the collateral you secure it with.

This will be especially true if any of the loans incurred were secured by personal assets, such as a home mortgage or personal credit lines.

Credit cards have much higher interest rates because the loan is not secured — it's not backed up by an asset such as a house or vehicle the way a mortgage or car loan is.

One way to secure credit is to have collateral other than the home you're buying — another property, a large investment portfolio, or some other valuable asset.

My objective is to have a secured credit line with assets that are not as liquid (a home in this example) but where the loan is safe enough that any lender would be comfortable lending at the lowest available rates.

For example, if you get a loan to buy a vehicle through your credit union and you also have a credit card at the same credit union, the vehicle may also be used to secure the debt on the credit card, making it more difficult to sell or trade assets.

Creditors have stepped up their lending standards, and you might not have such an easy time getting a credit card that isn't secured by some type of asset.

Your FICO ® credit score can be your single most important asset — or opposing barrier — when securing a loan or other form of credit.

By contrast, many lines of credit are secured, which means you will have to pledge some of your business assets as collateral.

Support ongoing operational expenses with a line of credit typically secured by a blanket lien on your assets or a certificate of deposit.

Support ongoing operational expenses with a line of credit secured by a certificate of deposit or a blanket lien on your assets.

Credit card debt is an unsecured debt (unsecured means it's not secured against an asset such as a car or a house) just like a personal loan or a store card.

Being a 75 - year - old senior and having a 312,000 secured debt and 109,000 unsecured credit cards, I have sold all assets to pay the secured debt.

Co-signers are typically required when the individual requesting the loan has a poor credit history or not enough assets to secure the total amount of the loan.

This is also beneficial for you as more often than not, borrowing secured against an asset, such as your home, has a lower rate of interest than unsecured loans and credit cards.

This is done by exchanging an unsecured credit card debt for a secured debt, backed by specific assets such as your home.

Bad credit mortgage refinance is when one applies for a loan in order to pay off another loan secured against the same properties, assets, etc..