Sentences with phrase «size of your credit line»

Based on those numbers, the Merrill representative gave Holland --- on that same day --- an estimate on the size of the credit line Merrill could offer.
There are some general rules of thumb you can use to determine the size of the credit line your business can reasonably maintain.
With most secured credit cards, the size of your deposit will dictate the size of your credit line, up to a specific maximum.
The amount of equity you have in your home — essentially the dwelling's value minus what you owe on it — will limit the size of your credit line.
With a line of credit, the total size of the credit line can increase if the interest rate decreases.
The size of your credit line will then be equal to 90 % of your deposit amount.
With most secured cards, the size of your credit line will be equal to 100 % of the amount you deposit.

Not exact matches

Because of its financial size, credit line and contractual agreements, the parent company offering the business opportunity can often arrange better financing than an individual could obtain.
Today, before issuing a contract to a subcontractor, Englewood typically asks it for a recent bank statement showing, among other things, the size of the subcontractor's credit line.
We added a new product, a line of credit, in 2016, expanding our ability to offer working capital funding to small - and medium - sized businesses.
Similar to your personal credit score, you business credit score is based on your credit - use history, how many lines of credit you have, how you pay your bills, the size of your company, and how long your company has been in business.
BlueVine, a provider of working capital financing to small and medium - sized businesses, also said it is raising its business line of credit limit to $ 250,000.
Of course the banks already cap the size of their customers» credit lines to limit default risk, and charge additional fees when they allow customers to take (limited) cash advanceOf course the banks already cap the size of their customers» credit lines to limit default risk, and charge additional fees when they allow customers to take (limited) cash advanceof their customers» credit lines to limit default risk, and charge additional fees when they allow customers to take (limited) cash advances.
If you own a small to medium - sized business and have a need for a line of credit from $ 250,000 to $ 15 million and the bank says no, it is not the end of the journey.
The new credit line, which replaces a smaller facility with another lender, bolsters the Company's ability to serve the owners of small and medium - size businesses throughout the United States, and through affiliates in Canada and the United Kingdom.
The rate of the above the line tax credit, which was introduced in 2013 to encourage large companies to engage in R&D, is to increase from 10 % to 11 %, and the rate of the additional deduction for small and medium - sized companies will increase from 125 % to 130 %.
Districts that already faced crumbling infrastructure, outdated curricula and growing class sizes were forced to take out lines of credit to cover everyday costs.
It was also causing me to be denied any size line of credit!
medium or middle market sized business that needs a commercial term loan, lines of credit, SBA guaranteed loan, or any of our commercial banking services, you can expect an informative experience based on expertise, convenience, flexibility, and responsiveness.
Your existing home equity determines the size of the line of credit available to you.
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The good news about secured lines of credit are that it's an easy way for someone to access credit; on the flip side, it's not a one size fits all approach and depending on the type of purchase you're making, they could have negative implications for people looking to get a loan.
The size of a home equity loan or line of credit will also depend on the loan - to - value requirements of the lender.
From Scotiabank credit cards to lines of credit to home equity loans — you can find financing options that suit any size renovation.
In some instances, card issuers may also be reducing their exposure to subprime borrowers by reducing the size of those customers» credit lines.
After proving unable to secure a loan with traditional banks (even with the assistance of the Small Business Administration), Windy City Parrot owner Mitch Rezman turned to Kabbage, which specializes in extending short - term lines of credit to small - and medium - size retailers.
Say you talk a card issuer into giving you a credit line that's sized more for the cash - flow needs of a business.
It is the insurance company (who are the bidders) which has to satisfy the norms by providing us with a written certificate that the underwriter has in the past led a size of Air India, has been rated «A» by a established credit rating agency and was prepared to take a 10 per cent line in the exposure, which was done.
We use LTV to determine the size of a Rental Loan and the advance proceeds for Credit Lines.
For as long as the line of credit is in place, you can keep drawing down funds in any size increments up to your limit and paying it back.
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Similarly, the larger home value relative to portfolio size results in an increased success rate resulting from the larger line of credit relative to portfolio size, due to an increased relative borrowing capacity.
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