Sentences with phrase «term loans provided»

Cash advances are short term loans provided by the lender to the consumer until the consumer's next pay date.

Bridge loans are short term loans provided until a borrower can obtain permanent financing.

Term loans provide access to mid or long - term business financing to purchase equipment, buy a new building, acquire another company, or otherwise expand your operations.

A bridge loan is a short term loan provided to a borrower until they are able to obtain a longer term loan.

A bridge loan is a short term loan provided until the borrower can secure permanent financing.

Not exact matches

The SBA's Office of Disaster Assistance provides low - interest, long - term loans quickly to business owners trying to rebuild physically and financially after a natural disaster.

Home Capital Group has seen some of its riskier lending business drain away to the private, unregulated mortgage lenders — firms like Alpine Credit or the many so - called «mom - and - pop» shops which proliferated as small investors teamed up with brokers to provide short - term, non-amortized loans.

SBA Microloans provide short - term loans of up to $ 50,000 to small businesses and some not - for - profit organizations.

Developmental lending as practiced by IBC involves providing financial services (primarily loans) to aboriginal people who, for a variety of cultural and / or financial reasons, are alienated by mainstream lending institutions; approving loan applications on the basis of typical financial considerations while taking into account the potential for positive social or community outcomes; and evaluating social outcomes resulting from the loan portfolio over the long term.

But according to information it provided, the new product offers credit for an introductory six - month term at 59.9 % annual interest (just below the federal usury cap of 60 %) plus a $ 21 fee per $ 100 loaned.

Supportive existing investors are also more likely to fund the entire follow - on round or, if need be, provide a bridge loan in favorable terms.

Unlike other online financing offers which often only provide shorter term loans to businesses, SmartBiz offers a 10 - year loan term, an interest rate of 6 percent and loans from $ 5,000 to $ 350,000, with about a third of its loans dispersed to women - owned businesses.

February 10: The U.S. Fed expands the Term Asset - Backed Securities Loan Facility (TALF), which lends money to investors to buy securities backed by loans, thereby allowing banks to provide more loans.

This loan provides buying power for established businesses to purchase new or used vehicles or equipment at competitive rates with flexible terms.

The Asset - Based Revolving Credit Facility provides that we have the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 million.

The Asset - Based Revolving Credit Facility provides that NMG has the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 million.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

However, the lenders are under no obligation to provide any such additional commitments or loans, and any increase in commitments or incremental term loans will be subject to customary conditions precedent.

«This credit facility provides OnDeck with long - term committed funding to support future loan growth.

Community Financial Services Association of America, the largest trade group for payday lenders, says the rule would «virtually eliminate» their business model, which provides short - term loans to millions of low - income consumers who lack access to credit cards or bank loans.

Federal Funds Sold are short - term loans to other depository financial institutions without any collateral, provided by Federal Reserve banks, usually at the Federal Funds rate.

Federal Funds Purchased are short - term loans to other depository financial institutions without any collateral, provided by Federal Reserve banks, usually at the Federal Funds rate.

Through banks, the U.S. Small Business Administration provides general small - business loans with its 7 (a) loan program, short - term microloans and disaster loans.

Under the right circumstances, and with the right loan terms, inventory financing could make sense to purchase inventory — provided the business has the appropriate cash flow to make the periodic loan payments.

* Annual Percentage Rates (APR), loan term and monthly payments are estimated based on analysis of information provided by you, data provided by lenders, and publicly available information.

Although APR might be one way to compare loans, it may not provide all necessary information, especially when comparing loans with vastly different terms.

We also provide Monthly Statements for your term loan, which reflect your principal and interest payments.

Venture lenders (individuals or groups with a pool of money, or specialized banking organizations)-- they may provide term and short - term loans to technology businesses earlier than these loans would become available from traditional financial institutions; however, these loan facilities are usually reserved for businesses that have received venture capital investment and / or can demonstrate their ability to make loan payments from cash flow.

Banks, credit unions and other financial institutions — they provide several types of debt instruments including credit cards, leasing products, demand / short - term loans and term loans.

When we called iLoan for more specifics, they were unable to provide us more insight beyond the fact that fees were customer - specific and vary according to loan terms, as well as state of residence.

Both SoFi and LightStream also provide unsecured loans up to $ 100,000 without the term limits that Navy Federal imposes.

OnDeck makes term loans from $ 5,000 to $ 500,000 with terms from three months to three years while LendingClub only provides term loans up to $ 300,000.

SnapCap provides business loans up to $ 600,000 and the term of the loan can range from 3 to 24 months, depending on the quality of the borrower's file.

James Moore said that more important than offering loans would be the provision of transactional banking services that provided short term credit to enable businesses to make payments while waiting to get paid — this would cover around 60 % of the bank's running costs.

Currency provides both short - term and long - term business loans.

They automate the loan underwriting, data management and risk assessment processes and provide a platform where accredited and institutional investors seeking high - yield, short - term, asset - collateralized investments can be matched with borrowers seeking more timely and consistent sources of funding for rehabbing properties across America.

A loan term of 10 to 20 years can provide you the breathing room you need as you establish yourself, work to increase your income, and manage your cash flow wisely.

CommonBond's average savings methodology excludes refinance loans during the period mentioned above in which members elect a refinance loan with longer maturity than their existing student loans, the term length of the member's original student loan (s) is greater than 30 years, and the member did not provide sufficient information regarding his or her outstanding balance, loan type, APR, or current monthly payment.

They all provide various loan terms with both fixed and variable interest rates, can refinance both federal and private loans, and accept undergrad and graduate student debt.

Our online marketplace, funds and funding lines provide great returns for investors from secured property loans, while offering fast and flexible short - term finance for property developers.

CommonBond's average savings methodology excludes refinance loans during the period mentioned above in which members elect a refinance loan with longer maturity than their existing student loans, the term length of the member's original student loan (s) is greater is than 30 years, and the member did not provide sufficient information regarding his or her outstanding balance, loan type, APR, or current monthly payment.

SmartBiz provides SBA loans with the lowest APR and longest repayment terms among online lenders.

You will pay more in interest over the length of the loan, but an IDR plan can provide long - term relief if your income is too small to keep up with your payments.

While Parent PLUS Loans offer the same terms to all borrowers, private lenders provide a wider range of student loan terms from which to choose.

Gordon Brothers Europe (GBE) provided a valuation of Tvilum's assets and also holds a $ 2.5 million participation in the term loan.

Most banks and credit unions provide payment plans ranging from 24 to 72 months, with shorter term loans generally carrying lower interest rates.

DataBank completed a $ 410 million term loan B credit facility, providing the company with additional capital at a lower cost.

Short - term payroll loans are provided by commercial lenders.

Instead, they provide short - term credit to nonbanks such as Quicken Loans and PennyMac, which do the actual lending.

«Clients appreciate our highly personalized service, whether it's providing a complex business loan or simply opening a personal savings account, our committed approach builds long - term banking relationships.