Sentences with phrase «source said the loans»

Not exact matches

Peer to peer loans are also appealing to investors because they give them a more predictable source of income, provided that they spread their risk over many loans, Pastoll says.

But another source said Goldman was the «lead» participant - meaning it provided the biggest chunk of financing - and that it wasn't able to distribute as much of the loan as it initially planned because Banco Espirito Santo's finances deteriorated so rapidly.

Factoring is one of a number of alternative sources of financing for small and midsize businesses when a bank pulls their credit line or says no to a traditional business loan.

«You wouldn't go to court without a lawyer or do your business taxes without a CPA,» Salters says, and he believes the same principle should apply to looking for a business loan, and selecting a funding source.

Instead, the focus has been on making more loans to energy companies and building stronger relationships with clients so that when volumes pick up, more of the activity will go to Morgan Stanley, the sources said.

If Rusal is allowed to keep its European market, Russia's retaliatory measures on U.S. companies are likely to be modest and the government would be able to focus on restructuring the company's loans, the source at the finance ministry said.

The existing term loan F was trading in the 100.375 - 100.75 context on Tuesday, sources said.

«The amendment has been approved and the term loan F will be allocating today,» said a source familiar with the transaction.

Another compelling finding from the SurePayroll survey: 21 percent of small business owners say they plan to seek loans in 2012, with banks as their primary source of obtaining extra capital.

The term loan maturing next year is also trading at a significant discount to full value, at around 55 cents on the dollar, the sources said.

«Peer - to - peer lending platforms play an important role because they increase the amount of capital for small businesses by creating new sources of loan capital, more sophisticated credit models, and efficient access,» said a spokesperson for Mr. Leal's office.

Lynas said in its full year results last month it had just been breaking even in the low price environment and would «require either amendments to the terms of its loan facilities or alternative sources of funding.»

DUBAI, May 3 (Reuters)- State - owned Egyptian Electricity Holding Company (EEHC) is raising a syndicated loan of up to around $ 700 million with Credit Suisse and HSBC leading the deal, banking sources said.

While these loan modifications may be hard to quantify, sources said they're happening with more frequency in today's market.

Two sources with direct knowledge of the matter said last week that Takeda had sounded out its major creditors for loans to fund a potential Shire bid.

«We've been approached by big groups of early employees, and I know a lot has been written about loans or hypothetical products to get around its policies,» says one source.

Contract is up in the summer but Roma are yet to say for certain whether they will take the option to make his loan stay a permanent deal, although a «source» close to the player told the Italian press that he wants to stay in Rome.

However, sources at the club now say Arsenal are close to reaching agreement on Vrsaljko which would see Arsene Wenger buy the 18 - year - old right - back in January but loan him back until the end of the season.

It now appears that unless Braga releases Horta from the loan before the close of the primary transfer window on May 1 — and the sources said the chances of this were slim — he will not officially arrive until the opening of secondary transfer window on July 10.

West Ham are said to be lining up a loan move for Chelsea striker Michy Batshuayi this summer, sources close to the club have told ESPN.

Suereth says Paladino has refused to reimburse him $ 6,300 for expenses and also alleges the Buffalo businessman took out a $ 3 million loan from an undisclosed outside source, which Paladino apparently did not disclose.

An industry source said before Kaloyeros was forced out, he negotiated with IBM, GlobalFoundries and others on programs that would have brought in revenue to cover the NanoFabX loan.

A source familiar with the Malpass campaign said the official reason given for DuHaime's departure internally was budgetary (interesting, since the candidate is essentially bankrolling his own campaign, loaning it $ 2.5 million so far).

«The Federal Government of Nigeria plans to source $ 3bn through the issuance of Eurobonds in the ICM and / or loan syndication by banks, as approved by the Federal Executive Council at its meeting of August 9, 2017,» he said.

Meeks refused to disclose the purpose of either loan, but a source familiar with the situation said they were related to construction and renovation of his ornate, $ 830,000 home in Jamaica.

The General Secretary of the NDC at the time, the late Dr Josiah Aryeh, at a press conference in Accra had said: «The identity or identities of the lenders, the intricate corporate maze known as the CNTCI, the conflicting and confusing addresses and telephone / fax numbers, the concealment of critical conditions of the agreement from the Loan Agreement and from the documentation submitted to Parliament, including the issue of the bank guarantee and the sole - sourcing undertakings, all point to one thing.

Sources in Tokyo said ministers had offered Hitachi loans to construct the power station in Anglesey, North Wales.

Whitehall sources said that they had discovered that some major UK lenders - including RBS, HSBC and Barclays - have had only 20 per cent of their balance sheets made up of «traditional» loans to UK households and firms.

Clinton, whose Democratic National Convention speech this summer provided a boost for President Barack Obama, will loan his popular appeal to the Maffei campaign at a rally open to the public at Syracuse's Hancock International Airport, the sources said.

Tabacco produced evidence proving otherwise — an April 9, 2010, e-mail from Kristin MacKay requesting the loan extension, saying: «GRI has not been generating any revenues since late last year primarily due to a development project that we took on that caused us to lose money and tied up all our development and client - service sources.»

She said the next step for Syracuse is to get loans from the United States Department of Agriculture and other sources to build a commercial kitchen and cleaning operation.

The source further said the State Commissioners of Justice and Finance; Mohammed Ibrahim and Idris Asiwaju, were also slated to testify before the House of Assembly how the state government utilized the bailout funds and the two tranches of the Paris - Club loan refunds received from the federal government.

Tay said future studies will need to look at other sources of debt as well as the role of «good» debt vs. «bad» debt, among the various kinds of debt, such as a mortgage, student loans or credit cards.

«The spill in the Gulf, which is just heartbreaking, only underscores the necessity of seeking alternative fuel sources,» President Obama said during a tour of Fremont, Calif. - based Solyndra, a thin - film solar cell manufacturer backed by a federal loan guarantee on May 26.

«By leveraging loans from the Bureau, projects like the I - 405 Improvement Project can advance at a faster pace than by simply relying on traditional sources of funding,» said Marty Klepper, Executive Director of the Bureau.

MILAN / LONDON, May 31 (Reuters)- Italian carmaker Fiat SpA has started talks with banks on refinancing an existing 1.95 billion euro ($ 2.5 billion) loan in a first step towards merging with Chrysler, banking sources said on Friday.

«Saab's management is very positive that, together with Koenigsegg Group, they will be able to present adequate collateral to get this loan,» Dagens Industri's source said.

«PubTrack Consumer provides publishers and retailers with information they simply can't get from other types of data sources, such as book consumers» purchase motivation, demographic profiles, media use, loaning habits, and reading preferences of adults, teens, and children,» said Kelly Gallagher, general manager of the business intelligence unit for Bowker.

Needless to say, with the online lending industry so eager for your business, your best source for your next unsecured loan is online with reputable lenders who value you as a customer.

A Globe and Mail report Wednesday said that Scotiabank's (TSX: BNS) internal guidelines don't require its loan officers to verify foreign clients» income sources if the down payment on a property is at least 50 per cent.

While it is easy to say that savings from the direct lending program went towards the Pell Grant program, other sources often point out that the government was profiting from the federal student loan program, a fact that is often criticized.

Overall, about 13 percent of those surveyed said student loan debt is the top source of debt for them.

Ironically, one of the few states where residents didn't name mortgage loans as their biggest source of debt — Vermont — is the only state in another GOBankingRates survey where residents said paying their mortgage or rent is their No. 1 cause of financial stress.

Of the states where residents said student loan debt is their biggest source of debt in this GOBankingRates survey, Michigan has the highest average student loan debt — $ 29,450, according to The Institute for College Access & Success, which looked at the average debt among the class of 2014.

Jennifer Lindsey, author of «The Entrepreneur's Guide to Capital,» says that lenders ideally like to see a two - year operating history, a stable management group, a desirable niche in the industry, a growth in market share, a strong cash flow and an ability to obtain short - term financing from other sources as a supplement to the loan.

«We ascribe the higher levels of delinquencies in the 2006 vintage to the increasingly riskier credit profile of borrowers, characterized by an increasing proportion of highly leveraged homeowners who obtained their loans through limited verification of income sources and with little equity in their homes,» the rating agency said.

The FHA is not the only low - mod lending source but it tends to be the go - to one because it has historically made more accommodations for these borrowers and tends to be the most affordable option, even with competing agency loans» flexibility increasing in areas like down - payment requirements, Roque says.

Most consumer advocates, and financial industry sources are saying MOST financial lending institutions, banks, and credit unions are still using the original FICO score to determine a borrowers loan eligibility.

InBev's loan will be launched to a general syndication after the August bank holiday at the end of the month, sources said.

«This is consistent with the narrative that, if you're a very safe borrower or a large corporation, it is very easy for you to get a loan — in fact there is a lot of competition because these borrowers have access to lots of nonbank sources,» Covas said.