Sentences with phrase «terms than banks»

There's no better case to illustrate the issue of unfair contract terms than the Bank Charges campaign.

• The reality was that the solicitors had fulfilled the role of a bank and on more advantageous terms than a bank would have offered.

Not exact matches

In fact, banks» terms allow them to be slower to raise rates on savings products than they are on loans.

Other times, the terms set out by a traditional lender might not be agreeable, or a company could require a little more guidance than a bank would provide.

Online lenders may offer flexible loan amounts that are more suited to the needs of startups, rather than the large, long - term loans preferred by banks these days.

It's a far cry from the days — say 15 years ago — when less than a dozen banks held a corporate loan on their balance sheet, and companies could renegotiate the terms of their loan with a single creditor, or a small committee.

«There was some speculation that there was some buying coming from Russian investors, but more than these reports, as a bank, we have not seen much in terms of flows,» Riccardo Orcel said.

And leasing agents are often more generous than banks with credit and payment terms.

The loans range from $ 500 up to $ 350,000 or more, with interest rates that are slightly higher than bank rates and terms that are in line with conventional loans.

They have relatively low default rates and terms that are often better than traditional banks, according to the NCUA and Federal Deposit Insurance Corp. (FDIC).

In addition, mortgage lending, which is tied to long - term Treasury rates, is less important for the big banks than it used to be.

Less than four weeks later, he had a handful of term sheets, and by eight weeks, «the money was in the bank.»

Banks» terms allow them to be slower to raise rates on savings products than they are on loans and credit cards, according to Nick Clements, co-founder of MagnifyMoney.com.

When Bernanke's taper talk caused long - term interest rates to rise much faster than the Fed intended, one of the ways in which the central banks sought to allay market fears was to stress that it would keep short - term rates steady until the jobless rate had reached at least 6.5 %.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.

Because small businesses are considered higher risk than their larger cousins, the SBA loan guarantee helps banks offer more flexible loan terms, meaning borrowers can be approved even if they have fewer assets than what would be required with a traditional term loan at the bank.

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.

And, many times, short - term business loans may come with faster approval rates than more traditional long - term financing at the bank — which helps when time is of the essence.

Plan B calls for giving this money directly to the banks and leading insurance companies, on terms that let them continue paying high executive salaries and dividends to existing shareholders rather than wiping them out as normally happens when an enterprise has Negative Equity.

Loan products better suited for many shorter - term small business financing needs than those offered at the bank

Depending upon the lender, the loan purpose, and the loan amount, a commercial bank loan will likely include a lower interest rate and come with a longer term than other loan types.

Two weeks ago, the S&P Bank SPDR ETF ($ KBE) sliced through key, intermediate - term support of its 50 - day moving average on heavy volume, and has since been wedging higher on lighter than average volume:

For short - term deposits less than a year, banks are limited to offering as much as 150 percent of the benchmark rate.

I don't know, but it's raising the cost of debt servicing more than expected for lots of banks and businesses that borrow in the short - term debt market.

Within this, the share of short - term bank paper has declined from more than 50 per cent to just 15 per cent, with a particularly marked shift into government securities (Table 1).

Currency also has longer terms than many alternative lenders, with terms up to six years for its long - term business loan (this is also comparable to terms offered by banks).

In the end, does any aspect of bank structure other than size really matter in terms of a bank's designation as a G - SIB?

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.

Our cities and towns require a public service bank that lends at affordable rates rather than at higher rates and fees that support short - term investor profit and excessive executive pay and bonuses.

Although TD Bank did lack any options for 20 - year terms, few borrowers actively seek out anything other than a 30 - or 15 - year option.

While you will need to be a member of the credit union, you can typically borrow anywhere from $ 500 to $ 35,000 or more with long terms and better rates than what you may find at an online lender or bank.

To earn more than 1 percent on your cash, the analysis found, you would probably have to tie your money up in a longer - term C.D.; five - year C.D.s now have average interest rates of more than 1.4 percent, and average rates at the most competitive national banks are approaching 2 percent.

But according to a recent survey by Citizens Bank, less than half of millennials have looked into refinancing, consolidation, or other options to improve their loan terms.

If the Bank believes that another cut is required to achieve the inflation target over the medium term it is preferential to move sooner rather than later.

The certificate terms range from six months to five years and earn better rates than many other bank and credit union certificates.

Citigroup certainly gets insurance on more favorable terms than the First National Bank of Podunk.

Yet despite the most extreme version of these assurances in Japan, where the Bank of Japan has driven long - term interest rates to negative levels and has purchased stocks outright, the Nikkei 225 index is no higher than it was in November 2014.

Today, in contrast, the Fed presides over a vast portfolio, with assets consisting mainly of long - term Treasury securities and mortgage - backed securities, instead of the short - term Treasuries it once held; and that portfolio is funded more by banks» holdings of substantial excess reserves than by circulating Federal Reserve notes.

The maximum mortgage term is noticeably lower than the other countries mentioned above (ie: 20 years) but banks could consider provable pension income.

Short - term lenders typically have more relaxed eligibility requirements than conventional banks or SBA loans do.

Ultimately, Canadian banks are in a starkly more beneficial position than their American counterparts, with more propensity for stable growth and lower stock volatility that, despite Governor Poloz's remarks, are definitely a reason to be confident about Canadian banks in the near - term.

In a report the bank assigned a 25 % probability to a near - term (less than six months) currency devaluation change, increasing to 40 % if oil stays at current levels throughout 2016, rising to 60 % if oil stays sub - $ 50 per barrel for the next two years.

In SDR terms, the Bank's index of commodity prices increased again in the June quarter, to be about 7 per cent higher than a year earlier (Graph 27).

One bank has introduced a small business loan secured by commercial property, reducing the interest rate at which such a loan would previously have been available from this bank, while another introduced a «basic» residentially secured term loan for small business at 6.35 per cent, 40 basis points lower than that bank's standard residentially secured term loan.

Under today's the unstable foreign - exchange conditions, balance - of - payments effects are best handled by short - term central bank operations rather than by long - term investment programs.

If the banks can borrow at less than 1 % in the short - term inter-bank market, and get nearly 4 % on Treasuries, or 5 % on government - guaranteed mortgage bonds, why should they ever bother doing anything else?

Today adjusted for the 33 % growth in total bank assets, US banks should be paying well more than $ 100 billion on various sources of funding, from deposits to short - term borrowing from other banks to bond investors.

[6] However, the cash rate is not a perfect substitute for BBSW, as it is an overnight rate rather than a term rate, and doesn't incorporate a significant bank credit risk premium.

In terms of the impact of specific blockchain companies, few have done more for the global banking industry to date than Ripple.

Floating rate bank loans are loans issued by below investment grade companies for short term funding purposes with higher yield than short - term debt and involve risk.