Sentences with phrase «trouble getting bank loans»

Everyone seems to have a favorite scapegoat to blame when explaining why some small businesses are still having trouble getting bank loans.

Not exact matches

Because back in 1971 small business had trouble getting loans from Canadian banks to grow their companies.

Latinos should be proud that it's harder for them to get a bank loan, and that the SBA has more trouble reaching them than, say, white folk.

It is often tempting to get a loan from a non-traditional lender such as a bank or a reputable finance company when you are having trouble paying off your debts.

Because back in 1971 small business had trouble getting loans from Canadian banks to grow their companies.

This implies that you will have trouble getting a loan from the local bank or even the credit unions.

However, if you are having trouble getting funded from a bank this is helpful, I went from paying 33 % on a title loan to paying 12.99 % with Best Egg.

Having no, limited, or low credit scores can make buying a house challenging; you are viewed by lenders as a higher risk customer, and you will have trouble getting a poor credit home loan from many banks.

Variable rates are not evil in and of themselves; home owners simply get themselves in trouble by focusing only on the low interest rate rather than the plan to actually pay back the loan before the bank raises the rate or the market changes cause an increase in the monthly payments of a home owner.

In this economy, they have most likely had trouble getting a loan from a bank, but unlike so many Prosper borrowers, they have not proven themselves to be irresponsible, they are just new!

Of course, this approach requires that you have fairly good credit - if your FICO credit score is in the mid-600s or lower, you may have trouble getting such a loan from a bank or credit union.

Any bad loans will be paid by the stockholders; no one will bail these banks out if they get into trouble.

We have rental property titled in an LLC — we can get loans without too much trouble through a local state bank.

A lot of people have gotten into trouble using their homes as a bank to draw on in this way, so mostly I agree that equity loans should be used very carefully.

As appealing as it can seem to find financing without the perils of a credit check, especially after being rejected for other loans, that temptation can get you (and your bank account) into trouble.

Cover emergency expenses: Whether you get sick or have car troubles, you can use the cash from a Regions Bank personal loan to pay for any unforeseen expenses.

Thirdly, there's less money going into the stock markets and bank loans are harder to get, which means that many small firms and startups working on the breakthrough green technologies of tomorrow can have trouble getting funds or can even go bankrupt, especially if their clients or backers decide to make cuts.

If you're having trouble getting a loan through a bank, you can go through the Small Business Administration (SBA).

If you don't get the car covered, the bank will then drop your loan and you will suddenly be in financial trouble.

There's concern among our trustees that banks with a big stake in real estate projects like these could create something like the savings and loan crisis we saw in the 1980s if the projects get in trouble.»

The companies, which purchase and guarantee home loans, used to have a business model similar to the largest U.S. banks: They generated abundant profits for shareholders thanks in large part to low borrowing costs, which in turn depended on the assumption that the government would bail them out if they got into trouble.

Other angry homeowners who've leased their solar panels complain they've had trouble getting home equity loans through their banks.

In the Jackmon lawsuit, it's being argued by the plaintiffs that while they were in trouble with their mortgages, they didn't ignore the situation and instead, entered into agreements with Wells Fargo, their lender, to lower their monthly mortgage payment for 3 months and if they successfully paid that amount on time each month, then according to Wells Fargo's own written correspondence they got a new deal: the bank wrote to each of them that if they were to ``... make those payments successfully and fulfill all the trial period conditions, we will permanently modify your mortgage loan.»

Not only were builders having trouble getting financing, but they were also concerned about being able to sell their homes given how few loans were being completed by banks.