Sentences with phrase «terms than secured loans»

Not exact matches

NMG may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

We may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

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.

That means that California is now home to 912 charter schools and well over 316,000 students, all of whom deserve better than schools facing an untenable cash flow situation caused by State deferrals, apportionment funding delays and difficulty in securing affordable short - term loans.

An unsecured loan is one that is not tied to any assets, these tend to be short term and for smaller amounts than secured loans.

Securing a consolidation loan with bad credit does depend on meeting some criteria, and accepting less than ideal terms, but the overall benefits are too much to ignore.

The terms are a bit different than for secured loans, but available nonetheless.

The loan term of a CD - backed secured loan can not be longer than the CD term.

For borrowers who need more than $ 25,000, the bank makes secured loans up to $ 100,000 with very long terms up to 15 years.

To understand the reasons why most unsecured loans are harder to qualify for than secured loans, it is important that you comprehend the implications of collateral on loans and how they affect the risk variable that defines most loan terms and requirements for all kind of loans.

Even when securing a debt consolidation loan with bad credit, the loan sum is enough to clear all of the card balances and because the interest rate is smaller, and the loan term is longer, the size of the required monthly repayment is much lower than the combined minimum repayment sums.

Of course, a secured loan application is not going to be so readily rejected, but even with unsecured loans, the terms available from online lenders are usually better than any banks can offer.

If, on the other hand, you're a homeowner who needs extra money for home repairs, or to build home improvements, it is likely that a home improvement loan secured by your property will give you better loan terms than simply taking out a personal loan.

Because equipment loans are secured by the equipment you're purchasing, they typically have more lenient requirements and require less documentation than a traditional term loan.

That being said, NFCU has a lower range of rates and longer loan terms on its unsecured and secured personal loans than Alliant.

Securing large loan approval independently is very difficult in this case, but a company can more effectively negotiate terms for a buyout and then offer a rigid repayment program, thus ensuring a more effective result than just getting a debt consolidation loan could produce.

Secured loans offer greater borrowing potential, for a longer loan term than unsecured loans.

Secured loans usually offer lower interest rates, better terms and access to larger amounts of money than unsecured loans.

Anyone with consumer debt — such as credit card debt, which is typically at higher interest rates than long - term secured loans such as mortgages — should make paying it off a priority, says Golombek.

Terms and interest rates on a secured personal loan are usually much better than terms and rates on an unsecured personal Terms and interest rates on a secured personal loan are usually much better than terms and rates on an unsecured personal terms and rates on an unsecured personal loan.

Refinancing can be beneficial to student loan borrowers if they are able to secure a lower interest rate than what a consolidation or their original loan terms offered.

As a result, you could secure a loan with different rates and terms than someone else, despite having a similar down payment amount.

Secured loans usually command reduced interest rates than do short - term loans.

These include construction - only loans with terms of less than two years that do not finance the transfer of title to the consumer and loans secured by vacant land on which a home will not be constructed or placed using the loan proceeds within two years after settlement of the loan.