Sentences with phrase «secured loans if»

«Secured» is not a Bad Word Whether you have poor credit or a clean slate of history, do not automatically avoid secured loans if you have a home or other valuable property.

The Secretary may provide a loan guarantee to a lender in lieu of making a secured loan if the Secretary determines that the budgetary cost of the loan guarantee is substantially the same as that of a secured loan.

Loans lacking valuable items as collateral, usually real estate or a late model vehicle, to secure a loan if the borrower defaults are called unsecured...

You would also benefit from a secured loan if the rate on an unsecured loan you qualify for is substantially higher than the secured loan rate.

Though obviously more difficult, it is still possible to secure a loan if you have bad credit.

Seek alternative sources for a secured loan if you're unhappy with the terms being offered by your bank.

For contributory mortgage schemes, the responsible entity only needs to tell you about the valuations of a property securing a loan if you are being offered an interest in that loan.

Credit property - Protects personal property used to secure a loan if it's destroyed during the term of the coverage.

Credit property insurance protects personal property used to secure the loan if destroyed by events like theft, accident or natural disasters.

Antiques, heirlooms, jewellery, and coin or stamp collections can only be used to secure a loan if they are accompanied by an authentic, verifiable appraisal certificate.

You can use that value to pay the premiums for your coverage to secure a loan if you need money in the future.

You can use the value of the plan to pay the premiums of the life insurance, or you can use it to secure a loan if you ever need it in the future.

Credit property - Protects personal property used to secure a loan if it's destroyed during the term of the coverage.

Not exact matches

Thus, if your business plan emanates the vibe to grow and generate profits in the long run, securing a start - up business loan should not be a problem.

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.

If you have any valuable assets (i.e. inventory, equipment, vehicles, electronics, property, contracts, pending invoice payments, etc.) you may be able to sell some of these at market value to generate quick cash, or use them as collateral in obtaining a secured loan.

Many banks will take your business credit score into account, but if your small business still is in its early years, your chances of securing a loan from a traditional lending institution are notoriously slim.

This type of secured loan is more comfortable for lenders; if you can't make your payments, they'll just take the equipment back.

It is also likely that your company will be passed over if you are lacking sufficient collateral to secure a loan.

Yes, even if you are prepare sensibly, have a loan, or secure investment.

A final thought: If the goal of your franchise business plan is to secure financing, include a specific chapter that doubles as a loan request or as an investment offering proposal.

If you own a small firm and have been in operation for less than three years and have a credit score of below 650, you likely won't be able to secure a small business loan from a large bank.

If you have existed for a while and your score has taken a hit, you may have no choice but to take out a secured loan.

If nobody will lend to you, securing loan against your business assets can be a great option.

If your business is very young, has poor credit, or presents any other kind of risk to your lender, you may find it difficult to secure a term loan from a traditional lender.

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).

If you can not get an unsecured loan, then there's always an option of applying for the secured one.

Avant is a better option if you don't want a secured loan.

But if the collateral is something you want to keep, a secured loan can help you keep ownership while borrowing the funds you need to consolidate debts.

If you have some assets, you might consider borrowing against them with a secured loan to consolidate your debts.

Making it possible for a healthy business, even if they don't have specific assets that could be used as collateral, to secure a business loan.

If you're considering applying for a business loan, Guidant Financial can help you get approved and secure the best rate for an SBA loan.

The Small Business Administration's 7 (a) loan program, for example, «requires that if there is collateral available to make a fully secured loan, the bank lender has an obligation to get it as collateral,» said Steven J. Smits, associate administrator for the office of capital access at the S.B.A..

8) If you are a borrower with a secure job, emergency savings, strong credit and are unlikely to need any of the options available to distressed borrowers of government loans, a refinance of your government loans into a private student loan may be attractive to you.

No medical exam life insurance is also handy if you need instant life insurance in order to secure a person or business loan, a common requirement from institutional lenders.

However, If you are in a comfortable and secure financial and employment position, have good credit, and are seeking to eliminate your student loan debt as fast as possible, we recommend examining refinancing as a viable option.

If you go with the shorter loan, you will likely secure a lower interest rate than a 30 - year fixed mortgage — possibly more than half a percent lower.

So if I used a 5/1 ARM loan to secure the lower interest rate shown in the table above, my monthly payment would be about $ 171 less than the 30 - year fixed - rate mortgage.

If you've already filled out the Free Application for Federal Student Aid (FAFSA) and secured scholarships, but are one of those graduate students faced with a financial gap, here's what you need to know about private student loans.

If you're only planning to stay in a home for a few years, you might be able to secure a lower interest rate by using an ARM loan (as opposed to a fixed - rate mortgage).

Securing a job as a business loan broker is easier if you have experience working in sales, lending, banking, or customer service.

Starting in 2018, interest paid on home equity debt can be deducted only if the money is used «to buy, build or substantially improve the taxpayer's home that secures the loan,» according to the IRS.

Essentially, these clauses give home buyers a way to back out of the deal if they are unable to secure a mortgage loan to complete the purchase.

If you have collateral, you can get a «secured» loan at better rates than if you had no collateraIf you have collateral, you can get a «secured» loan at better rates than if you had no collateraif you had no collateral.

The IRS noted last week that the interest on a home equity loan or home equity line of credit would still be deductible on 2018 returns in many cases if the loan is used to buy, build or substantially improve the taxpayer's home that secures the loan.

If your business is still in the early stages, it may be difficult to secure a loan from traditional lenders like a bank since they require a positive credit history, collateral, business plan, projected financial statements, and cash flow projections.

If you need help becoming or remaining a homeowner in Arkansas, there are programs in place to help cut down on costs and secure a loan.

That's why we offer secured and unsecured loan options that fit the needs of modern insurance agencies like yours, no matter the size of your business, and even if your agency has a poor business credit rating or even no credit history at all (9002 credit).

On the other hand, variable rate loans can be an affordable way to quickly pay off debt or secure a lower payment in the future if rates decline.

For example, if you can't pay back a secured loan on time, a lender can seize the collateral, such as your car or home.