Sentences with phrase «than loans for»

If they meet that down payment requirement and other stiff underwriting requirements, the 5 percent risk retention requirement is waived, so these loans will be far more affordable than loans for which the standards aren't met.

Needless to say these loans will come with a higher interest rate than the loans for people whose credit ratings are high.

Personal loans tend to be smaller than loans for big ticket items like a home mortgage or auto loan.

Loans for new cars will traditionally have lower interest rates than loans for used cars.

Qualifying for a jumbo mortgages can be more complicated, and loans may carry higher interest rates in Kitsap County than a loan for a similarly priced home in King, Snohomish and Pierce Counties.

As you probably already know, construction loans are a little tougher to qualify for than a loan for an existing home.

Not exact matches

The rates for FastFlex loans are much lower than rates of many online competitors, which can often amount to 50 percent or more.

While banks aren't likely to charge rates that high for the loans originated through their partnerships, the rates are likely to be higher than what they offer for more traditional commercial loans, some financial experts say.

To apply, business owners must be one of Wells Fargo's more than 3 million small business customers, have been in business for at least a year, and have sufficient revenue to support the loans» weekly repayment schedule.

We know that more than 90 percent of small business owners still believe that banks are a first stop for business financing, despite more than a 30 - year history of banks decreasing the amount of their loans going to small businesses.

Heading into January 2016 this issue became a major concern for investors, particularly as it became apparent these loans, taken together, are three times larger than the sub-prime loans that caused the 2008 financial crisis.

Think long term, he advises: «If you don't get retirement fully funded, you're going to be on your kids» payroll for 15 or 20 years,» which could end up being more expensive in the long run than student loans would be.

Maybe those experiences can give these founders an advantage: more financial awareness than founders who haven't been burdened by hefty student loans, for example.

The personal loan was easier to get than one might expect: Sullivan applied for it before finishing his MBA program at Norwich University, meaning his student loans were still accumulating.

Student - loan debt is a ticking time bomb for our economy: It's higher than ever before, and it may be preventing some of the best and brightest young graduates from making their mark in the world of entrepreneurship.

Of the nine winners who did report challenges building their startups because of student - loan debt, only three left school owing more than $ 35,000, the average amount for class of 2015 graduates (the highest in U.S. history), according to a report by financial aid resource Edvisors.com.

And online lenders are approving loans for small business owners at a much faster pace than traditional credit sources.

Goldman is likely to auction the boat, which, even after several markdowns, is currently listed for more than the outstanding balance of its loan to Kallop.

Even though there are more lending options for small businesses than ever before, a crucial step is missing in the process; and no one is paying attention, leaving business owners increasingly frustrated over their rejections for credit lines and loans.

Those kinds of struggles had led 53 percent of those small businesses to apply for funding or credit lines over the past five years — and more than one in four said they had sought loans multiple times.

The value of commercial and industrial loans of less than $ 1 million — a common proxy for small business lending — was 17 percent lower in June of this year than it was at the beginning of the recovery — when measured in inflation adjusted terms.

Team Capital's bread and butter is small business lending, and more than 65 % of its total $ 500 million loan portfolio is for small business loans.

Paying off student loans shouldn't feel like a bigger accomplishment than earning a degree, but that's the unfortunate reality for many graduates.

For example, if you're paying higher interest on a loan than the interest you're earning on an investment, the wise move is to pay off the loan before adding any more money to the investment.

Had the SBA directed her to REDC to apply for one of those microloans it no longer favored, she could have paid just $ 100 up front and saved more than $ 4,000 over the life of the loan.

Over the past three years, half of small business owners reported applying for a loan from banks or another financial institution, with 20 percent applying more than once for financing.

The (SBA) has set guidelines for small business loans offered by private lenders which may make them more accessible to you than other loans.

Especially for small or medium loans (about $ 15,000 to $ 250,000), there can be unexpected fees or penalties that might make the loan end up costing more than you expected.

«With the mini-bond program, for the first time since IDBs were created, I can show a potential borrower an IDB financial analysis that makes a lot more sense than a traditional commercial loan,» says Rick Palank, director of the St. Louis County Economic Authority in Missouri, one of the first offices to implement a mini-bond program.

Despite more than paying for itself — by its own reckoning, Ex-Im Bank has returned $ 7 billion to the U.S. Treasury in the last two decades through interest on guaranteed loans and credit insurance — the 80 - year - old government - run financial institution is a sunset agency.

This matters, Salters says, because some lenders are more appropriate for a one - time loan than for ongoing financing.

Because of the tight credit market, business plans are being more closely scrutinized than ever and banks are looking for specifics before looking at Small Business Administration - backed loans or community bank loans.

(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).

It was cheaper to rent than own and much easier to get approved for a rental than a mortgage loan.

Students shouldn't borrow more in loans than they'll make in their first year of employment, said Jeff Selingo, author of «There Is Life After College: What Parents and Students Should Know About Navigating School to Prepare for the Jobs of Tomorrow.»

In 2011, the SBA guaranteed more than $ 30 billion in loans to more than 60,000 small businesses, setting a record for the agency.

Small companies with less than $ 100,000 in revenues applied for loans from online lenders 30 percent of the time.

Leaving the workforce for graduate school can more than double your student loan debt.

Remember the bank bail outs when people realized that simply walking away from their home loans were far easier than continuing to pay a mortgage on a house that was worth far less than they owed for it?

All companies approved for a loan through Bond Street are guaranteed to receive their capital within less than one week, as opposed to the weeks or months they'd typically have to wait by going to a traditional bank.

For SBA loans between $ 25,000 and $ 50,000, maximum rates are not permitted to exceed 3.25 percent (for loans that mature in less than seven years) and 3.75 percent (for loans with longer terms of maturitFor SBA loans between $ 25,000 and $ 50,000, maximum rates are not permitted to exceed 3.25 percent (for loans that mature in less than seven years) and 3.75 percent (for loans with longer terms of maturitfor loans that mature in less than seven years) and 3.75 percent (for loans with longer terms of maturitfor loans with longer terms of maturity).

The Low Documentation Loan (LowDoc) Program is a simplified version of the 7 (a) loan for businesses with strong credit histories seeking less than $ 150,Loan (LowDoc) Program is a simplified version of the 7 (a) loan for businesses with strong credit histories seeking less than $ 150,loan for businesses with strong credit histories seeking less than $ 150,000.

It is worth noting that businesses can apply for either type of disaster loan assistance, but they can be awarded no more than a total of $ 1.5 million from the two programs unless they qualify as a major source of employment for the region in which they operate.

For SBA loans totaling less than $ 25,000, the maximum interest rate can not exceed the prime rate plus 4.25 percent for loans with a maturity of less than seven years (for loans that mature after seven years, the interest rate can be as much as the prime rate plus 4.75 percenFor SBA loans totaling less than $ 25,000, the maximum interest rate can not exceed the prime rate plus 4.25 percent for loans with a maturity of less than seven years (for loans that mature after seven years, the interest rate can be as much as the prime rate plus 4.75 percenfor loans with a maturity of less than seven years (for loans that mature after seven years, the interest rate can be as much as the prime rate plus 4.75 percenfor loans that mature after seven years, the interest rate can be as much as the prime rate plus 4.75 percent).

At more than $ 30,000, the average auto loan for a new car is also at an all - time high, according to Experian.

Although college - educated people are more likely to have the financial wherewithal to buy a home than those without a college education, the mounting rate of default on student loans is hurting young people's credit ratings - and making it much harder for them to buy a home or condominium.

One problem is that banks are approving loans for greater amounts than people can afford, he says.

The lenders want the stake to be sold for top dollar but fear it will be sold for less than that to McClendon's wife, Kathleen, because she is family, said a lawyer representing a syndicate of banks led by Wilmington Trust that loaned $ 465 million to a company McClendon founded in 2013, American Energy Partners LP (AEP).

When talking to potential funders, smart small business owners ask for more than they need and, in a pinch, they have a plan of attack for securing last - minute loans.

For a comparison, the average rate on business loans from relatives and friends is currently at 7.6 percent, according to CircleLending's Business Private Loan Index, whereas the rate was more than 12 percent at Accion and more than 20 percent at Prosper for individuals with poor credFor a comparison, the average rate on business loans from relatives and friends is currently at 7.6 percent, according to CircleLending's Business Private Loan Index, whereas the rate was more than 12 percent at Accion and more than 20 percent at Prosper for individuals with poor credfor individuals with poor credit.