Category Archives: Loan terms

Eurozone banks to ease business loan terms amid pandemic (ECB)

FILE PHOTO: The European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany July 20, 2017. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Eurozone banks expect demand for emergency credit to rise again in the second quarter and are expected to respond with looser credit standards as government guarantees and Liquidity measures will come into effect, […]

Amount of PPP loan conditions for legalized fraud

[ad_1] Through Pete vegas April 20, 2020 6:45 p.m. ET Photo: Elise Amendola / Associated Press I own a food manufacturing company with over 200 employees that recently secured a $ 3.4 million loan through the Small Business Administration. From what I have observed, the paycheck protection program is completely flawed and will work as […]

Treasury makes coronavirus loan terms less favorable for small businesses

[ad_1] Steven Mnuchin, U.S. Secretary of the Treasury, speaks during a Coronavirus Task Force press conference at the White House in Washington, DC, United States, Thursday, April 2, 2020. Kevin Dietsch | Bloomberg | Getty Images The Treasury Department has changed the terms of some loans it is offering to small businesses during the coronavirus […]

12% of Americans have no chance of getting good loan terms

[ad_1] When most of us go to take out a loan, we’re worried about getting the best interest rate possible, but those with bad credit are more concerned with whether they’ll get approved in the first place. If they are, they often have to take what they can get because few lenders want to work […]

Americans lose business by not researching auto loan terms

[ad_1] An online loan website published the results of a Harris Poll showing how Americans are approaching getting a car loan. A third of those surveyed did not know what their loan APR was, LendingClub reported. According to the survey, only 59% of recent buyers have researched auto loan options. Americans are paying more than […]

Shopping malls violate loan terms after stores go bankrupt

[ad_1] UK shopping centers owned by private equity groups including Lone Star and Oaktree violated the terms of their loans after retail failures triggered a sharp drop in property values. Market participants say the breaches are likely to trigger a series of asset sales that will crystallize price cuts in secondary commercial properties. Two shopping […]

Home loan terms you need to know

[ad_1] To start with the old maxim: home is where the heart is! The dream of owning a home, one you can call your own, is overwhelming. Home loans have helped turn that dream into reality, for many. However, before applying for and obtaining a home loan, it is important that you familiarize yourself with […]

Worried about possible default, Deutsche Bank considered extending terms of Trump loan

[ad_1] Senior executives at Deutsche Bank AG were so worried after the 2016 U.S. election that the Trump Organization could default on about $ 340 million in loans while President Trump was in office that they discussed extending the dates of reimbursement until after the end of a potential second term in 2025, according to […]

Can you renegotiate the loan terms if your credit improves?

[ad_1] June 26, 2018October 4, 2019LoansFeatured, Personal Finance733Dori ZinnJamie YoungSEO Updated June 26, 2018 Maybe you ran into a financial problem and had to take out a personal loan. You are responsible for the money, so you have made minimum payments on time. But it has been a long time since you took out this […]

Loan conditions for expatriates could be tightened

DOHA: Amid reports of impending reforms to sponsorship law, banks here are preparing to tighten loan terms for expatriates. A leading banker has revealed that banks have sought approval from the Qatar Central Bank (QCB) to toughen the conditions for providing personal loans to expatriates under a liberalized sponsorship and exit permit regime.Discussions with the […]

Banks urged to ease lending terms for citizens who subscribed to IPO

DOHA: Banks have been told to offer easier repayment terms to citizens who took out loans to apply for a now-terminated state-sponsored equity offering.A large number of nationals, including women, have resorted to bank loans to apply for the initial public offering (IPO) of Mesaieed Petrochemical Holding Company (MPHC).Subscription for the IPO, which was only […]

Philadelphia Furniture obtains new loan terms from SIDA | Archives

SALAMANCA at Philadelphia Furniture will be able to take on a long-sought loan on its Rochester Street facility. The Salamanca Industrial Development Agency board agreed on Tuesday to allow the company to resume payments on a former loan from Fancher Furniture Co., freeing up Bruce Erickson, who previously bought out his brother’s share Brian. Philadelphia […]