Sentences with phrase «traditional loans or lines of credit»

Business financing options other than traditional loans or lines of credit include personal loans for business or business credit cards.

Traditional Equity Loan When choosing between a traditional loan or a line of credit, you should understand what each loan type entails and the pros and cons of each choice.

Not exact matches

Depending on whether you're looking at a line of credit from a traditional bank or an alternative lender, you might be dealing with two pretty distinct loans.

Factoring is one of a number of alternative sources of financing for small and midsize businesses when a bank pulls their credit line or says no to a traditional business loan.

For example, with the exception of a line of credit, many traditional lenders, like banks and credit unions, prefer to make longer - term loans of four, five, or 10 years.

Traditional bank options include term loans, lines of credit and commercial mortgages to buy properties or refinance.

In this scenario, a company may turn to traditional financing options to bolster its working capital such as loans, lines of credit or cash advances.

When compared to a traditional small business loan or line of credit, it's sometimes easier for a business owner to qualify for a business credit card

Like traditional lenders, LendingClub requires a minimum of two years in business to qualify for its loans or lines of credit, but businesses only need $ 75,000 in annual revenue to be eligible.

It is easy to qualify for factoring and NOT like traditional financing or bank loan or lines of credit where approval is based on your personal and direct business credits and assets.

Excel Capital Management is an industry - leader in providing unsecured business loans, lines of credit and other financial products that are hard to obtain or unavailable through traditional lending channels.

In the past, such businesses might have had lines of credit, inventory loans, SBA loans, or traditional loans.

If you are prepared to make a significant capital investment aimed at paying dividends over time, then more of a traditional business loan or substantial line of credit may be the best path.

Understanding your needs can also help you determine whether you should choose a traditional refinancing loan, a cash - out refinancing loan or a home equity line of credit (HELOC).

The second best option after a vendor line of credit is securing a traditional bank loan or SBA loan.

Unlike a traditional mortgage, home equity loan, or home equity line of credit (HELOC), a reverse mortgage allows senior homeowners to access a portion of their equity without ever having to make a monthly mortgage payment.3 The loan proceeds are not taxed as income, or otherwise, 4 and do not become due until the last borrower or qualifying non-borrowing spouse no longer occupies the home as their primary residence.3

For example, with the exception of a line of credit, many traditional lenders, like banks and credit unions, prefer to make longer - term loans of four, five, or 10 years.

When compared to a traditional small business loan or line of credit, it's sometimes easier for a business owner to qualify for a business credit card

Traditional bank options include term loans, lines of credit and commercial mortgages to buy properties or refinance.

The loan can be either a second mortgage, a line of credit, or a traditional personal loan.

Getting a reverse mortgage is usually easier than getting a traditional mortgage, home equity loan or home equity line of credit.

However, borrowers with above average credit or excellent credit will probably get better interest rates through traditional lending options such as personal bank loans, lines of credit, and credit card loans.

If the answers to those questions are sketchy, you should consider a safer financial route like a traditional home equity loan or line of credit.

Traditional bank options include term loans, lines of credit and commercial mortgages to buy properties or refinance.

Unlike a traditional mortgage, home equity loan, or home equity line of credit (HELOC), a reverse mortgage allows senior homeowners to access a portion of their equity without ever having to make a monthly mortgage payment.3 The loan proceeds are not taxed as income, or otherwise, 4 and do not become due until the last borrower or qualifying non-borrowing spouse no longer occupies the home as their primary residence.3

Another option for a home equity loan or home equity line of credit is to go to a traditional bank lender such as Citi, Chase or Wells Fargo.