Sentences with phrase «specific loan purposes»

When most people think of an SBA loan, they're thinking of the 7 (a) loan, but there are other SBA loans that are designed for specific loan purposes.
You may be required to supply additional information related to the specific loan purpose.
You may be required to provide additional information related to the specific loan purpose.
You may be required to supply additional information related to the specific loan purpose.
You may be required to provide additional information related to the specific loan purpose.

Not exact matches

Finally, the SBA notes that loans that they guarantee are only to be used for specific business purposes, including «the purchase of real estate to house the business operations; construction, renovation, or leasehold improvements; acquisition of furniture, fixtures, machinery, and equipment; purchase of inventory; and working capital.»
(The difference is that in home equity loan, the bank provides a lump sum, often for a specific purpose, whereas a line of credit is much like a credit card — available credit for you to use when you need it.)
A summary document describing the funding — it mentions steering the money toward programs «that help police officers, teachers and firefighters» — hints that one specific intended purpose could be a fix for eligibility issues encountered by borrowers expecting to get Public Service Loan Forgiveness.
It's also a good idea to have a clearly identified loan purpose and a specific amount you're looking for.
Loans backed by specific collateral or backed by general corporate assets aren't the perfect option for every financing situation, but are tools business owners can use to access capital, provided they are a good fit for the loan purpose and the economics make sense.
When purchasing inventory or with any loan purpose tied to a specific ROI target, minimizing the cost of financing to increase the potential ROI is an important consideration.
Specific provisions included scholarships and loans to students in higher education, with loans to students preparing to be teachers and to those who showed promise in the curricular areas of mathematics, science, engineering, and modern foreign languages; grants to states for programs in mathematics, science, and modern foreign languages in public schools; the establishment of centres to expand and improve the teaching of languages; help to graduate students, including fellowships for doctoral students to prepare them to be professors at institutions of higher learning; assistance for the improvement of guidance, counseling, and testing programs; provisions for research and experimentation in the use of television, radio, motion pictures, and related media for educational purposes; and the improvement of statistical services at the state level.
When someone wants to apply for a LendingTree personal loan, they first select the specific purpose they're going to be using it for.
While mortgages, car loans and student loans must be used for a specific purpose, personal loans can be borrowed for debt consolidation, day - to - day living expenses, vacations or credit building, among other things.
There is no specific purpose for an unsecured loan.
While car loans and mortgages are used to finance specific purchases, personal loans can be used for a variety of purposes, including debt consolidation, building credit, or funding everyday expenses.
It's also a good idea to have a clearly identified loan purpose and a specific amount you're looking for.
While funds availed through other popular loans, such as car loans and home loans, may only be used for a specific purpose, you could use personal loans for anything including paying for a wedding, consolidating debts, renovating your house, or taking a holiday.
Total payments and savings shown are for comparison and example purposes only; actual amounts may vary depending upon specific loan terms and conditions.
Unlike a mortgage or car loan — which are examples of installment credit — or a credit card, revolving credit doesn't have to be earmarked for a specific purpose upfront.
The government offers loans of different types through various agencies, and for a number of specific purposes.
Intended to be a one - time disbursement of funds for a specific purpose, Heartland's personal unsecured loans provide the convenience and security of a specified term with fixed monthly payments.
A loan is usually given for a specific purpose, for example home loan or car loan etc..
If you want to borrow money for a car, you could simply take out a car loan, but if you require funding for a purpose that's less specific or falls outside the typical lending box (such as a vacation, wedding or home improvement), a personal loan provides more flexibility.
The Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corp. (Freddie Mac) issue bonds for specific purposes, mostly related to funding home purchases.
- You are not restricted to use the HELOC loan for any specific purposes — you can either use it to get some repair work done in your house or even go on that holiday you have been dying to go to!
Loan features, rates and terms vary depending on the specific purpose.
If you're on a low income, you may qualify for a loan through the No Interest Loan Scheme (NILS ®), which offers small loans for specific purposes, like buying a fridge or washing machloan through the No Interest Loan Scheme (NILS ®), which offers small loans for specific purposes, like buying a fridge or washing machLoan Scheme (NILS ®), which offers small loans for specific purposes, like buying a fridge or washing machine.
Nothing on this site contains an offer, promise or otherwise, either to make a specific home loan or that any affiliated mortgage lender or bank will extend mortgages for any purpose or on any specific terms.
Use of funds: Some lenders loan money for a specific purpose, and there are terms in the loan agreement directing that the loan funds be used exclusively in furtherance of that purpose.
Nothing on this site contains an offer to make a specific loan for any purpose with any specific terms.
Consider that Royal Banks of Missouri generally doesn't provide personal loans that aren't for a specific purpose unless you have a certificate of deposit as collateral.
After loan amount, loan term, and payment method are selected, you will then be presented with a range of rates available for that specific purpose.
[1] Or it could be a Hypothecate loan pledging securities as collateral for a loan to use for a specific purpose, without giving up ownership of the securities.
The SBA offers a variety of loan programs for very specific purposes.
The SBA does not engage in direct lending The SBA offers a variety of loan programs for very specific purposes.
Most of the time a home equity loan option is used for a specific purpose where the cost is known ahead of time.
You might consider a traditional second mortgage loan instead of a home equity line if, for example, you need a set amount for a specific purpose, such as an addition to your home.
As the name suggests these plans are taken out for a given specific term and are generally bought keeping in mind a specific purpose like covering a Mortgage or a loan or a specific liability.
• Perform general and specific accounting calculations using 10 - key calculators and copy machines • Maintain and balance company books • Handle employee payroll services by calculating salaries and superannuation • Prepare periodic accounting reports and assure their correctness • Assure mathematical accuracy of all posted entries • Classify and summarize numerical and financial data for record maintenance purposes • Perform debit, credit and totaling activities on accounting systems and spreadsheets • Recognize and report discrepancies in accounting data and perform reconciliation duties • Monitor loan and advance statuses and prepare and deposit checks for payment of utility bills • Complete and submit tax forms on timely basis • Calculate and issue bills, invoices and account statements
According to the study, one in four (25 percent) of U.S. homeowners have a home equity line or loan and more than half (55 percent) opened it for a specific purpose and haven't used it since.
A large bank commenter expressed support for using the specific definition of business day for purposes of determining the amount of time a creditor has to deliver the Loan Estimate after receipt of a consumer's application because applying different definitions of business day is confusing to creditors, consumers, and other participants in the settlement process.
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