Tag: loan

How to Get a Loan When Banks Aren’t Lending

You need capital, but you’re having trouble securing the financing you need.  So how to get a loan when banks aren’t lending? This situation reminds me of the famous NBC Television show, “The Office”, the hilarious documentary-style show that comments on the life of a standard corporate office. If you haven’t seen the show, I’d

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Bank Lending Cycle: Cracking the Code

So your cash is tight and your loan renewal is approaching, but sales are picking up and you need additional capital to keep up the pace.  You approach your banker about increasing your line or obtaining new financing and they aren’t willing to take the risk. What now? This isn’t a new story. In fact, if you’re in finance, either

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7 C’s of Banking

See Also: 5 Cs of Credit Line of Credit Credit Rating Agencies How Important is Personal Credit in Negotiating a Commercial Loan? Improve Your Credit Score 7 C’s of Banking Every knows the 5 C’s of Banking. But what are the 7 C’s of Banking? Recently, I spoke to students at the University of Houston

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Interest Rate in Selecting a Loan

See Also: What is Compound Interest Effective Rate of Interest Calculation Interest Expense Nominal Interest Rate Interest Rate Swaps Interest Rate in Selecting a Loan Why is the interest rate in selecting a loan not the best indicator? First off, the interest rate is always important. It determines the size of your loan payments. There

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Choosing a Bank

See Also: What are the 7 Cs of banking Categories of Banks Finding The Right Lender How Important is Personal Credit When Negotiating a Commercial Loan? Bank Reconciliation Choosing a Bank: Which Bank to Choose? I was involved in a speaking engagement recently with my friend, a banker named Larry from Community Bank located here

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Term Loan

See Also: What is a Term Sheet? Term Deposit Terms of Sale Below the Line Lease Term Term Loan Definition A term loan, defined as a loan which exist for a specific, predetermined amount of time before it is called and requires payment, is a staple in the loan industry. A term loan contract defines

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Sinking Fund

See Also: How important is personal credit in negotiating a commercial loan? Loan Agreement Payment Terms Down Payment Self-Liquidating Loans Sinking Fund Definition The sinking fund definition is an accumulation of assets set aside to repay a loan when it becomes due. Use the accumulated amount to pay off the debt early to reduce the amount

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Self-Liquidating Loans

See Also: Loan Agreement Collateralized Debt Obligations When is an interest rate not as important in selecting a loan? Debt Ratio Analysis Debt Service Coverage Ratio (DSCR) What Your Banker Wants You To Know 7 C’s of Banking Budgeting 101: Creating Successful Budgets Self-Liquidating Loans The term “self-liquidating loans” is banker slang. It refers to

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Secured Claim

See Also: Pledged Collateral Collateralized Debt Obligations Debt Ratio Analysis Debt Service Coverage Ratio (DSCR) Convertible Debt Instrument Asset Based Financing Secured Claim Definition The secured claim definition is debt backed by collateral. It can refer to loans, mortgages, bonds, and other financial debt instruments. As stipulated in the debt contract, the debtor backs the

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Preparing a Loan Package

See Also: Can Factoring Be Better Than A Bank Loan? Loan Term Prepare an Investor Package Good Budgeting Processes What the Banker Wants You to Know Does Your Management Team Understand the Financials? Preparing a Loan Package Knowing the process of preparing a loan package can be one of the most resourceful tools for business

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Negative Equity

See Also: Working Capital From Real Estate Asset Based Financing Loan Agreement Pledged Collateral Collateralized Debt Obligations Negative Equity Definition The negative equity definition is when the the value of a loan is more than the value of the assets used to collateralize the loan. In addition, negative equity loans usually occurs because the value of

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Mezzanine Debt Financing (Mezzanine Loans)

See Also: Recapitalizing Your Company Using Mezzanine Financing Angel Investor Venture Capitalist Why Venture Capital What is a Term Sheet What is Mezzanine Debt Financing (Mezzanine Loans)? Mezzanine debt financing is a subordinated and unsecured loan which typically features a warrant. This type of debt has higher interest rates because of its subordinated and unsecured

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