They may
suggest an alternative loan at a cheaper rate, or offer to reduce the interest rate on your current loan to keep your business.
Not exact matches
If, as Nepp hypothesizes in his post, the agent advised him not to do this deal but also didn't
suggest some other
alternative (bank
loan, Franco's cash - advance company, a
loan from the agent), the agent is the bigger asshole.
Given that it needed short - term financing, Steil
suggests the
alternative could have been devaluation and short - term
loans on the open markets.
If you find that a mortgage cash out isn't your best option, Smith
suggests looking into
alternative options like a home equity
loan.
He rejected as unrealistic the Crown's
suggested alternatives for Mr. Moodie to raise the funds — a part - time employee at a Boys and Girls club who lives with his mom and is facing a serious drug charge, is not a viable candidate for a bank
loan, can legitimately have problems getting another job, and can not pay for his legal bills with a credit card.
• Make articulated recommendations on disputed
loan issues while
suggesting alternative options for the client party • Ensure compliance of corporate credit policies with commercial banking policies and applicable guidelines • Monitor ongoing financial borrowing base compliance and communicate any violation to the concerned relationship manager promptly