Sentences with phrase «times the bank loans»

That figure, which comes out to a combined 360 billion euros ($ 401 billion) in bad debt, is more than three times the bank loans that were bad in the U.S. on a percentage basis at the height of the financial crisis.

Not exact matches

If business owner not able to invest all the money at the same time then they can prefer bank loans or personal loans.

According to the most recent Biz2Credit Small Business Lending Index, big banks are granting a higher percentage of loan requests than at any time since the mid 2000s.

When you go into the bank, you have to have to be able to present how every penny of the loan will be spent, and even then sometimes a first - time business owner seems too risky to the bank and you won't get the loan.

And if your idea necessitates funding you don't have in the reserves, a commercial loan calculation can save you wasted time at the bank.

It's nearly outpacing mortgage lending for the first time since the 1980s, the Wall Street Journal reports, and it accounts for 21 percent of all outstanding loans from banks.

The system will also be able to register how many times a pedestrian has violated traffic rules in the city and once this number reaches a certain level, it will affect the offender's social credit score which in turn may limit their ability to take out loans from banks, Wang said.

«If it's properly planned,» says Palank, «we should be able to close the deal in about the same time as it takes to close a bank loan.»

Traditional bank loans, which often have the lowest interest rates, take time to process.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

Banks loaned money to people likely to take a great deal of time paying to back.

It's not the first time banks have loaned too much money to people who could ill afford to borrow it, and ultimately it will be the tax payers who pick up the tab.

I knew the turnaround time would take longer with a bank loan.

And keep in mind that these potential losses come at a time when banks have put aside loan loss reserves to cover just 1.4 % of their lending portfolio, their lowest in years.

Her stinginess with herself paid off in 1994, when Time Line Productions obtained a $ 200,000 bank loan earmarked to buy a 3,800 - square - foot office building, pay the company's taxes, and hire a vice-president of sales and marketing (husband Tim).

China's banks extended a record 2.9 trillion yuan ($ 458.3 billion) in new yuan loans in January, nearly five times the previous month.

China's banks extended a record 2.9 trillion yuan ($ 458.3 billion) in new yuan loans in January, blowing past expectations and nearly five times the previous month as policymakers aim to sustain solid economic growth while reining in debt risks.

The time to position yourself for a low - interest bank loan isn't when you're running out of money and struggling, says Klein of Consero Global.

Debt: Getting a bank loan is a straightforward process, although it can require time to gather documents and prepare the loan application.

According to Hackeman, if your business wants to go beyond just regular bank loans for funding to the likes of VCs, private investors, the public markets or anyone else looking for a piece of the company, then it may be time to bring in a full - time financial expert.

The bank that Kelly ran, SpiritBank, loaned Pruitt money, including to purchase a home and partial ownership of a minor - league baseball team, The New York Times reported.

While rates, fees, loan terms and conditions may vary by bank, once you've set your goal, the following are a few general guidelines to help determine optimal timing for refinancing.

They exceeded US bank loans for the first time ever during September 2010, and now are 76 % greater.

Traditional bank loans take more time to close than higher cost alternative lending products.

Sellers face no risk and do not have to deal with wait times or bank loans when selling in cash.

Taking into account that banks and traditional financial institutions tend to not offer loans to cannabis businesses for the time being, many cannabis entrepreneurs fall back on family members and friends for seed capital — and this is probably the way to go at first.

The central bank said the measures, which will make it harder for first - time buyers to obtain loans big enough to buy a decent house at current prices, might hurt the economy in the short term.

Most small - business owners need a bank loan at one time or another, and applying for one involves much more than filling out paperwork and saying a prayer.

The timing is not great for the bank, which just last week had to pay a $ 1 billion fine over misconduct in its mortgage and car loan divisions.

Plus, banks don't want to waste their time filling out lengthy SBA loan applications if they are confident you'll get denied because of a low FICO SBSS score.

Time Is Money: Traditional lenders, like banks, can take weeks to process your business loan application and for you to receive the funds.

Max went to his long - time bank, but was told a business loan would take four to six weeks to be approved.

The turnaround time for a bank loan can take up to several weeks, so it makes sense to be prepared to help streamline the process as much as possible.

At the time Adam Smith wrote The Wealth of Nations, neither his Scottish contemporary James Watt nor other inventors were able to obtain bank loans to introduce their discoveries.

CHICAGO (Reuters.com)-- When getting a loan from the bank gets tight, as in these times, small businesses look for alternatives.

Upon loan acceptance, the timing of funds availability may vary depending upon your bank's individual policies.

Users can monitor all of their spending with Credit Karma, tracking purchases over time and by specific category, with the ability to review all transactions from linked credit cards, loans and bank accounts.

The operative notion of easy money is that you create $ 32 billion in bank reserves, the banks lend out the money, the money gets spent, more loans happen, and through the magic of the «money multiplier», the amount of loans in the economy goes up by many times that $ 32 billion.

First - time homebuyer loans are offered by mortgage lenders — such as banks or credit unions — and are often backed by the government.

The Company specializes in originating loans for first - time business borrowers who can not get a loan from a bank, and provides ongoing credit - monitoring and advice to ensure clients improve their business credit in an effort to qualify for a bank loan.

The turnaround time for a typical bank term loan can take up to several weeks.

Fueled by web - based tools that speed up the application process, a new paradigm for evaluating credit worthiness, and the ability to leverage technology to help them determine eligibility (often in under an hour), these lenders may approve business loans that might be overlooked by traditional banks, and can typically do it in much less time than their traditional counterparts.

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.

In May last year, The Economic Times reported that State Bank of India had suspended car loans for Uber and Ola taxis, following loan defaults of about Rs 120 crore due to non-payment of dues by drivers.

As a business owner, we know you don't want to waste your time filling out bank loan paperwork, and credit card usage can get expensive.

If you did not complete your degree, Citizen's Bank requires you to make at least 12 on - time payments on all the loans you want to refinance.

This makes it important to weigh the value of access verses a lower interest rate in some circumstances — this is true even for very creditworthy borrowers who would otherwise qualify for a traditional commercial loan at the bank but their loan purpose doesn't give them the luxury of time required to wait for a traditional bank loan.

Why waste time with bank loan paperwork?

Banks were subject to directives on the overall quantity of loans and at times there was moral suasion in relation to the industries to which loans should or should not be made.

For example, by working with a business loan consulting firm instead, you can apply to multiple banks with a single application, saving you time and energy and giving you the option of better loan terms.