Considering
how tight the credit market is today, it's not particularly surprising that Rezman (whose business projects less than $ 500,000 in revenue for 2013) ended up going to an alternative lender — many business owners in similar situations do the same thing every day.
Most groups seem happy with the pricing with the exception of large solar developers, who despite getting a 2 - cent increase to 44 cents per kilowatt - hour still argue it's not enough to make projects economical (especially if you factor in poor Canadian - U.S. exchange rate and
persistently tight credit markets).
Without changes to the calculation of fees and points in determining whether a loan is a QM or not, many borrowers will no longer qualify for a QM loan or have the choices in mortgage finance they have even in today's
already tight credit market.
«A lot of this is due to their location in secondary or tertiary markets of larger metro combined
with tight credit markets for mortgages.»
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.
This will increase your chances of getting funding in
the tight credit market.
Raymond J. Keating, chief economist at the Small Business and Entrepreneurship Council, says the regulations risk choking off an already -
tight credit market.
As the franchise industry continues to face the challenges brought on by the great recession and
tight credit markets those franchisors that achieve continued growth reflect sound franchise systems including these ten franchise opportunities.
While a jump in interest rates does mean
a tighter credit market, there are those who have the potential to benefit from higher rates.
Especially in
this tight credit market, if you find yourself faltering in one area, you'd better brush up on a few of these compensating factors.
One of the reasons the Urban Institute found for this drop was
the tight credit market since the peak of the Great Recession.
In
a tight credit market, qualifying for a personal loan may be an extraordinary feat in itself.
With home values declining the equity homeowner's counted on may have evaporated and
a tight credit market makes it difficult for any but the best qualified to obtain loans.
As fewer and fewer homebuyers are approved for mortgages in today's
tight credit market, it's critical to make a good impression on your lender.
FORD management write in the most recent 10Q (for the year ended March 31, 2009) that «deteriorating economic conditions, rising unemployment,
tight credit markets, and heightened uncertainty in financial markets» has «adversely impacted discretionary consumer spending, including spending on the types of electronic devices that are accessorized by [FORD's] products.
We believe that the poor economy, high unemployment,
tight credit markets, and heightened uncertainty in financial markets during the past two years have adversely impacted discretionary consumer spending, including spending on the types of electronic devices that are accessorized by our products.
Tight credit markets, student housing, baby boomer housing, and immigration... everyone needs a place to live.
«When you're in
a tight credit market, people pay more attention to the criteria for loan approval,» says Karen Carlson, director of education for the credit counseling agency In Charge Debt Solutions.
In extreme cases, it can even disqualify you for traditional financing, particularly given
the tight credit market we're in now.
Trends and Economic Environment: We believe that the deteriorating economic conditions, rising unemployment,
tight credit markets, and heightened uncertainty in financial markets during the past 18 months have adversely impacted discretionary consumer spending, including spending on the types of electronic devices that are accessorized by our products.
Munich - based Allianz, one of the world's largest insurers, bought $ 2.5 billion in Hartford stock and debt, along with warrants to purchase up to 20 percent of The Hartford, as the company struggled with losses stemming from mortgage - backed securities and
tight credit markets.
A significant factor driving this trend is the economic times they have experienced in their adulthood, including
a tighter credit market, lower employment levels, smaller incomes and greater student loan debt, which leaves less disposable income.
The survey noted uncertainty over
the tight credit market, foreclosures and the jobs outlook.
The tight credit markets are an ongoing concern, too.
Seller carry back promissory notes can be very powerful sales tools when negotiating and structuring real estate transactions, especially in rising interest rate environments, distressed real estate markets and
tight credit markets.