Sentences with phrase «upon the future revenue»
A merchant cash advance (MCA) is not a loan, but rather an advance based upon the future revenues or credit card sales of a business.
https://www.ondeck.com/
A merchant cash advance (MCA) is not a loan, but rather an advance based upon the future revenues or credit card sales of a business.
Not exact matches
Although there is additional revenue available to fund these costs in the coming fiscal year, the agreed upon additions are an added risk to the City's fiscal health in future years, when budget gaps are already projected and when an inevitable economic downturn will erode the revenue required to pay for recurring expenses.»
Upon the dissolution of the association known as the New Jersey Association of School Librarians, Inc., the Board of Trustees will, after paying or making provision for the payment of all of the liabilities of the Association, distribute the remaining assets to such organization or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as will at the time qualify as an exempt organization or organizations under section 501 (c)(3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law), as the Board of Trustees will determine, or to a state, federal or local government for a public purpose.
I'll bet that when there are billions upon billions sitting in tax free savings account, RSP plans slowly get cashed and dissipate, some future government will salivate over the potential revenue gained by eliminating and / or taxing TFSA accounts.
«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.
Other practices that may yield future revenue are those where the retiring lawyer's book of business is based upon close personal relationships with clients or referral sources.