Sentences with phrase «typically unsecured lines»

Not exact matches

Many small business owners looking for unsecured business loans or lines of credit typically don't have the collateral that a bank may require, such as real estate, inventory, or other hard assets.

Like credit cards, personal credit lines are typically unsecured loans.

Typically, the interest rate on unsecured debt such as bank or store credit cards, personal loans and some lines of credit is much higher than the rate of interest individuals pay on their mortgage.

The reason for this is because most margin accounts charge interest at a similar rate to an unsecured line of credit — typically around 4 %.

Commercial paper, typically the lowest - cost, short - term financing for creditworthy issuers, consists of unsecured promissory notes, often supported by bank credit lines, with maturities of up to 270 days, but generally extending less than a month.

Typically, they are unsecured accounts, and the credit lines are usually quite low.

Typically used when referring to a loan or a line of credit (unsecured loan, unsecured line of credit) that is not backed by collateral.