«While asset monetizations enhance our liquidity, sales of producing natural gas and oil properties adversely affect the amount of cash flow we generate and reduce the amount and
value of collateral available to secure our obligations, both of which are exacerbated by low natural gas prices..
Not exact matches
The fact that there is equity
available on a property provides tranquility to a lender even if the property is not used as
collateral because the lender knows that in the event
of default, even though the mortgage lender has privileges over the property, he can still collect from the remaining amount produced by the sell
of the property if the balance on the secured loan does not exceed the
value of the property.
And rather than having to move certain segments from an indexed fund to the fixed account, variable net cost loans are
available which allow crediting from index strategies to be applied to the portion
of the cash
value being used as
collateral.
Available loan terms, approved borrowing amount and the APR (annual percentage rate) you receive are going to directly depend on your credit history, the
value of the
collateral property and your personal situation.
Policy loans are also
available using your cash
value as
collateral, but keep in mind that loans affect the amount
of your death benefit.
As a result, even if you have less - than - perfect credit or don't have specific
collateral of sufficient
collateral value to secure a traditional small business loan, there are loan options
available (provided you can demonstrate other healthy business fundamentals).
And rather than having to move certain segments from an indexed fund to the fixed account, variable net cost loans are
available which allow crediting from index strategies to be applied to the portion
of the cash
value being used as
collateral.
The VeroPRECISION Valuation Decision Engine is
available through VeroSELECT, Veros» vendor - agnostic, single - enterprise management platform, which provides access to a comprehensive suite
of innovative
collateral risk solutions from 10 vendors designed to help lenders best assess
collateral values at origination and across existing portfolios.