Sentences with phrase «such as a business loan»

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

Though the ROBS arrangement isn't as well - known as many traditional financing methods, such as business loans, it's gaining popularity (it ranked as the third most popular funding option in our 2018 State of Small Business survey) and has been utilized by entrepreneurs across the country.

The way it works on the surface is similar to other kinds of lending practices, such as business loans.

If you are a director of a limited company, you may have given a personal guarantee for a business debt such as a business loan.

Mostly, life insurance plans are used to replace income in your absence or to pay off large financial obligations, such as a business loans.

Decreasing term life insurance is also a good way to ensure that any large loans, such as business loans or a mortgage, are paid off should something happen to the insured.

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

Sometimes you will need life insurance as a requirement for a loan such as a business loan for example.

Not exact matches

Securing funds from a variety of sources, such as loans, lines of credit and credit cards are common methods of injecting cash into your business — but managing these properly can be a challenge.

By predicting your cash flow, you can help your business make informed decisions such as whether to buy new equipment or to apply for that new loan.

There's also peer - to - peer lending: Businesses apply for a loan through an online platform, such as Lending Loop, that vets and posts the applications for investors to browse.

If your business is growing quickly, consider external financing such as a loan or line of credit.

In September 2015, Biz2Credit conducted a study that showed Latino small - business loan applications grew 18 percent, yet their owners lag behind in the necessary factors needed to secure financing, such as annual revenue, age of business and credit scores.

Use these resources, which are often free, to gain insight on topics such as when to expand, when to seek credit and the types of loans available to small businesses.

By the 1970s, the state got involved, doling out loans to would - be business owners, and socially oriented private venture groups, such as Northern Vermont Lending Partners and the Vermont Food Venture Center, soon followed suit.

Part of the SBA's congressional mandate is disbursing loans to businesses and homeowners in areas devastated by tragedy, such as where Hurricane Sandy barreled through the Northeast or in areas out West ravaged by wild fires.

«There's lots of additional content to consider, such as everyday savings offers, general business advice and the availability of things like working capital lines of credit and installment loans,» says Richard Tambor, senior vice president and general manager at New York City - based American Express Business business advice and the availability of things like working capital lines of credit and installment loans,» says Richard Tambor, senior vice president and general manager at New York City - based American Express Business Business Finance.

Over the last two decades, such loans as a percentage of total bank commercial loans, have dropped to 30 percent of bank portfolios from 50 percent in 1995, according to recent research compiled by former Small Business Administration head Karen Mills and Harvard University.

The exception: You could seek a loan on a lending site such as Prosper.com or Lending Club as an individual and then perhaps use the proceeds for a business purpose.

The Small Business Administration defines businesses eligible for SBA loans as those that: operate for profit; are engaged in, or propose to do business in, the United States or its possessions; have reasonable owner equity to invest; and use alternative financial resources (such as personal assetsBusiness Administration defines businesses eligible for SBA loans as those that: operate for profit; are engaged in, or propose to do business in, the United States or its possessions; have reasonable owner equity to invest; and use alternative financial resources (such as personal assetsbusiness in, the United States or its possessions; have reasonable owner equity to invest; and use alternative financial resources (such as personal assets) first.

In 2002, he fired nearly half of PDVSA's workforce, and at times he tasked PDVSA with duties that had nothing to do with the oil business, such as buying and distributing food, or loaning money to farmers.

The report examined 12 of the available programs, which help businesses through mechanisms such as tax credits, grants, loans or equity investments.

These types of small business loans are frequently used for home - based, office - based, street - based, or storefront businesses, such as restaurants, beauty salons, and taxi operators.

Over three years, community developers and partners such as Banana Republic and MasterCard help establish $ 105 million in small - business loans to create or preserve more than 5,000 jobs.

In addition to lenders, cities and other community groups sometimes offer no - or low - interest loans within redevelopment districts to encourage businesses to do such things as improve the façade of their storefront, improve the structural infrastructure of their place of business, or create jobs.

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.

Many small business owners looking for unsecured business loans or lines of credit typically don't have the collateral that a bank may require, such as real estate, inventory, or other hard assets.

As such, most lenders will only provide these loans to consumers and businesses with excellent credit, sufficient cash on hand and stable income streams.

But when you consider other factors, such as total cost of the loan and your business need, you can see a short - term loan could be a better fit for your business.

Anyone with a minimum of $ 50,000 in a rollable retirement account (such as an IRA, 401 (k) or 403 (b)-RRB- can obtain business financing using this method in a matter of weeks, regardless of their credit score, and because ROBS is not a loan, there are no monthly payments to make.

When seeking business financing, most entrepreneurs first turn to traditional lending options such as bank loans or borrowing from friends and family.

Collateralizing your small business loan with assets (such as real estate, equipment, or other valuable asset), that can be sold by your lender should your small business default on a loan, is frequently required by traditional lenders like the bank.

Because of the longer terms, these loans can be used for serious investments in your business, such as long - term equipment purchases, large inventory purchases or business expansion.

It is also important to note that liabilities, such as outstanding bank loans, guarantees, lease agreements and payments to suppliers are usually not insured, leaving the personal assets of business owners pledged against these liabilities, and potentially leaving family members in financial distress.

Many small business owners are interested in a loan or line of credit for their business, but don't have the specific collateral a bank may require, such as real estate, inventory or other hard assets.

However, it's a low - cost way to increase your life insurance coverage if you're a young parent or have significant debt that would be passed on to others, such as small business loans.

Small businesses have a tougher time getting approved due to factors including lower sales volume and cash reserves; add to that bad personal credit or no collateral (such as real estate to secure a loan), and many small - business owners come up empty - handed.

Obtaining a business loan through an alternative lender, such as BFS, enables you to skip some of the questions, bypass a portion of the lengthy paperwork, and / or meet a lower bar, giving you the opportunity to obtain the capital you need for your restaurant without having so many limitations or exclusions in place.

As such, we regularly approve loans for businesses with limited credit history (e.g. 2 - 3 months), and that have credit scores deemed «high risk» or «bad» by commercial rating firms.

Term life insurance is especially suitable for those looking to cover short to medium - term liabilities such as a mortgage or business loan.

Such a business may be eligible for a small business loan of up to $ 100,000 which may be used as working capital, for marketing and start - up expenses, to acquire fixed assets or to buy a franchise.

That's why, at BFS Capital, we support Pennsylvania's small businesses with financing solutions such as flexible Pennsylvania small business loans for up to $ 1 million.

Employers looking to hire job seekers with business degrees traverse a wide range of industries and include companies such as UnitedHealth Group, Worldpay, Xerox, JeffreyM Consulting, PAREXEL, Nielsen, Student Loan Hero, American Express, and Michael Page.

Islamic Finance has a set of specific rules which people follow when conducting business; such as the strict edict not to engage in usury or collecting interest off of loans.

Small businesses located in bigger cities — such as New York, Los Angeles, Miami, and Boston — tend to have an easier time securing a small business loan because there are more local options.

However, you can also obtain a small business loan online no matter where your small business is located, such as when you're applying for a small business loan through BFS Capital.

This loan program can be combined with other funding options such as rollover for business start - ups.

Perhaps you've tried other options to fund your business such as credit cards, bank loans, investors, family and friends, or other lenders with little or no success until now.

Our business loans and merchant cash advances give you the flexibility to address your unique business needs, such as:

P2P loans (peer - to - peer loans) and invoice financing facilities are a real alternative to bank loans for business or SME owners to borrow money, and investors can invest in such loans and invoice financing as an alternative to the financial products of the banks with attractive potential returns.