Sentences with phrase «terms than other lenders»

Not exact matches

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.

Although it has stricter eligibility requirements than other online lenders, Fundation provides more flexible terms and lower APRs (some alternative lenders have APRs that exceed 90 %).

These rates will vary by lender, term, and risk, and may be lower than other options such as merchant cash advances (or credit card advances).

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.

If you're looking to finance an equipment purchase, particularly for expensive equipment, Currency is a good option as they have more competitive terms than other alternative lenders.

Unlike other lenders that cater to borrowers with poor credit, OnDeck offers large loan amounts of up to $ 500,000 and terms longer than one year.

The interest rates are also generally higher than other lenders; that can be a problem if you're looking for a longer - term loan to give yourself more time.

At LendingClub, you won't be required to put up collateral for loans under $ 100,000, and the lender has better terms than many other alternative lenders, with maturities up to 5 years and APRs starting at 7 %.

Angel investors provide more favorable terms compared to other lenders, since they usually invest in the entrepreneur starting the business rather than the viability of the business.

This lender's maximum APR is a little lower than others, but it also offers a slightly higher minimum APR and shorter term lengths than you might be able to find elsewhere.

Through Discover, you can borrow up to $ 35,000 with terms up to seven years, which is longer than what many other lenders offer.

Sure, the short - term lending industry is quite a bit different than the traditional lending industry, but by eliminating a lot of that regulation and red tape of these nontraditional lenders — lenders, in specific — are able to offer their loans to individuals that simply would have been able to get a loan any other way.

In case you have no other options than to use the services of bad credit lenders, always perform due diligence before accepting the terms of any loan.

These loans tend to be for smaller amounts and shorter terms than other types of loan, so the larger origination fees make up for the lower interest that lenders receive throughout the life of the loan.

Wise Loan specifically offers short term installment loans with flexible payment schedules and lower rates than most other lenders.

We believe in fair terms, and offer much more affordable rates than most other lenders.

Nationwide student loans have repayment terms ranging from five to 15 years, which is shorter than other private student loan lenders.

Both documents say that lenders will «encourage» borrowers to borrow no more than what they need, «fairly and accurately» disclose loan terms and conditions (including whether the loan may be sold and how the sale would affect borrower benefits and other terms of the loans), and refrain from taking actions that cause school employees to have a conflict of interest or the appearance of a conflict of interest.

Actually, the reason that longer repayment terms typically come with higher rates is because the longer a lender's money is tied up in one borrower the harder it is for the lender to know that it will turn out to be a better investment than other opportunities that will come up in the financial market.

These guys will let you adjust terms and due dates, but the average credit scores of their borrowers are typically slightly higher than other lenders.

If you're looking to finance an equipment purchase, particularly for expensive equipment, Currency is a good option as they have more competitive terms than other alternative lenders.

The fixed interest rate options with the lender are more cost - effective than other private lenders, but the shortened repayment term may be an obstacle for some borrowers.

For example, if you are offered a loan with terms that appear to be substantially better than all of the other lenders, then it could be a sign that it is a scam.

The maximum loan amount offered on PenFed's personal loans is $ 25,000, which is lower than what you might find with some other online lenders, and the loan terms range from 3to 5 years.

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.

He made sure we understood all the terms, twists & turns, and ramifications of all our options, and drafted a broader range of options than the other lenders.

However, the terms and fees are similar, if not less desirable, than most other small business lenders due to the high origination fee for all loan products, high rates for the working capital loan and merchant cash advance, and strict requirements for the business expansion loan.

At LendingClub, you won't be required to put up collateral for loans under $ 100,000, and the lender has better terms than many other alternative lenders, with maturities up to 5 years and APRs starting at 7 %.

Leveraged buyout loans are subject to greater credit risks than other investments, including a greater possibility that the borrower may default or enter bankruptcy and may be «covenant lite» loans, which do not include terms that allow the lender to monitor the performance of the borrower and declare a default if certain criteria are breached.

Overall, iHelp has lower credit and income requirements than other private student loan lenders, and they offer different repayment terms to fit borrowers» needs.

LoanMart offers competitive interest rates and has longer terms than other non-traditional lenders.

The interest rates are also generally higher than other lenders; that can be a problem if you're looking for a longer - term loan to give yourself more time.

Through Discover, you can borrow up to $ 35,000 with terms up to seven years, which is longer than what many other lenders offer.

This faster repayment of principal and the reduced term make GEMs more attractive to investors and lenders than other fixed - rate investments.

Other than that, the lender must include an assignee of the lender's right to payment according to the terms mentioned in the Code of Law.

When comparing lenders, you'll quickly see that they all offer different terms — which could make some lender's monthly payments look lower than others.

In other words, even if Lender A advertises 5 % — 30 % APR and Lender B offers 6 % — 36 % APR, Lender A won't necessarily end up offering you a better package than Lender B. Shopping around is crucial, and you'll have to do your due diligence to figure out how much you'll end up paying with each in the long term.

Read More They offer competitive rates and terms, and their max loan amount and terms are often higher than what other lenders can offer.

One set of actions was aimed at encouraging lenders to rework payments and other terms on troubled mortgages or to refinance «underwater» mortgages (loans exceeding the market value of homes) rather than aggressively seek foreclosure.

The new RBP rules require mortgage lenders to notify borrowers if their credit terms are less favorable than those they provide to other consumers due to credit - related issues.

These rates will vary by lender, term, and risk, and may be lower than other options such as merchant cash advances (or credit card advances).

Some of the top markets are performing better than others in terms of CMBS originations, which could mean that different types of lenders are actively providing financing.