Sentences with phrase «terms of your line of credit»

You'll have to make payments that vary depending on the balance owed and terms of your line of credit.

Depending on the terms of your line of credit and the balance owed, you'll make different monthly payments.

Home equity line of credit products are tied to your home, so by law, they are required to have a cap on how high the interest rate can climb over the term of the line of credit.

But when the economy soured, and the firm's banker sought to tighten the terms of its line of credit, an essential economic backstop for many law firms, there wasn't enough bench strength to see it through.

In some cases, they can change the terms of the lines of credit to allow borrowers to pay only interest on their loans for a longer period, or to take longer to repay principal.

Not exact matches

So if you're currently owed # 10,000 in outstanding invoices you could access up to # 9,000 of that instantly in the form of a loan or line of credit, depending on the terms of the agreement.

Banks use this score to evaluate term loans and lines of credit up to $ 1 million.

Check out the Case Study from our current issue about about Able Planet, a Colorado - based audio technology company that had to figure out what to do when its bank suddenly changed the terms of its $ 2.5 million line of credit.

According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»

Beginning last month, all 178 Cash Store and Instaloans (the two brands the Cash Store operates under) locations in Ontario began offering lines of credit, not payday loans, to consumers looking for short - term financial help.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

In the near term, higher interest rates will have an immediate effect on consumers with credit card debt, home equity lines of credit and those carrying adjustable rate mortgages.

«The reverse mortgage can give you assets for paying for long - term care,» said Votava, who recommends taking out a line of credit.

Only large businesses with strong balance sheets and long - term positive cash flow may qualify for an unsecured line of credit.

At the time, NetForce's only short - term financing was a flooring account, a line of credit that could be used only for equipment purchases.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

If a business has sales peaks and valleys, short term lines of credit are perfect for the short fall.

A line of credit, however, is a form of short - term financing, so avoid using your line of credit for long - term expenses.

A business line of credit is a flexible, often low - cost way to cover short - term financing needs such as purchasing inventory and making on - time payroll.

The FICO SBSS score will be used for term loans, lines of credit, and commercial loans up to $ 350,000 from the Small Business Administration (SBA).

SBSS scores can be used for term loans and lines of credit for amounts up to $ 1 million.

Online lenders, like OnDeck, offer short - term loans and lines of credit to meet a variety of small business use cases.

OnDeck Capital offers term business loans as well as small business lines of credit.

Whether it's a term loan or a line of credit, the best use case for a short - term loan is for projects where the business need has a clear short - term ROI.

For example, with the exception of a line of credit, many traditional lenders, like banks and credit unions, prefer to make longer - term loans of four, five, or 10 years.

«Cash flow works differently in all of these businesses, and I've had over 30 different types of financing» over the years including lines of credit and term loans.

On the other hand, many online lenders specialize in shorter terms of six months, 12 months, or 24 months — in addition to offering longer - term loans or lines of credit.

Many lenders consider the increased flexibility of a business credit line higher - risk financing than a more traditional term loan because the business is borrowing in the future based upon their creditworthiness today.

OnDeck offers business owners a complete financing solution, including the online lending industry's widest range of term loans and lines of credit.

The reason, or your loan purpose, will determine how much you need, whether you should consider a term loan or line of credit, what payback options your cash flow can handle, and how quickly you need the money, are a just a few of the many other elements that will affect your financing decisions.

If you are going to regularly access the line with multiple transactions during the term of the credit line, additional fees could also apply.

However, it only offers term loans, so if you're looking for a line of credit, you're better off looking at Kabbage.

Traditional bank options include term loans, lines of credit and commercial mortgages to buy properties or refinance.

Among the financing options for entrepreneurs who qualify are U.S. Small Business Administration loans, term loans, business lines of credit and invoice factoring.

In general, lines of credit and short - term loans are more suited for smaller or recurring business expenses, daily working capital or cash flow gaps.

These lenders offer products including term loans, lines of credit and accounts receivable financing.

For those borrowers that a want a short - term line of credit, a Kabbage line of credit makes more sense than a two - year LendingClub line of credit.

On the other hand, the lines of credit at Kabbage are more suitable for short - term working capital or seasonal inventory needs.

For businesses with a year or more of history and revenue, you have more financing options, including SBA loans, term loans, business lines of credit and invoice factoring.

For its term loans, you can choose a maturity between one to five years, and the term for its line of credit is fixed at 25 months.

Experian (Term Loan and Line of Credit): http://www.experian.com/small-business/business-credit-reports.jsp

They offer their term loans from $ 5,000 — $ 500,000, and lines of credit up to $ 100,000.

Click HERE if you'd like to learn more about a short - or long - term loan or a line of credit from OnDeck.

The minimum terms for LendingClub are 25 months for a line of credit and one year for a term loan.

At OnDeck the average term on a line of credit is 12 months — which is simple and straightforward for borrowers with good credit practices.

Most banks and credit unions offer standard term loans and lines of credit for small businesses, and while qualifying will depend on the bank, you will need both a strong personal and business credit score as well as strong business financials.

Your liabilities are defined as your current Accounts Payable and any long - term payables (think small business loans, lines of credit, etc.) your business may have.

A line of credit is a great solution if your business regularly has short - term cash flow needs.

Depending upon the lender, the creditworthiness of the borrower, the loan purpose, and the loan type, online lenders offer a variety of potential loans to small business owners — short - and long - term loans along with lines of credit to meet a variety of business needs.

You can borrow up to $ 150,000 with six - or 12 - month terms, making this line of credit a good choice for short - term working capital needs.