Definition of Loan:
money given temporarily
Synonyms of Loan:
Opposite/Antonyms of Loan:
Sentence/Example of Loan:
Bradford went through the online lender Kabbage since she already had a loan with them, and they had all her documentation.
When you’re applying for a mortgage loan, you’re going to need homeowner’s insurance.
Criticized loans at those banks are now equivalent to 9, 13 and 25 percent of tier one equity capital — the core measure of a bank’s financial strength — respectively, according to S&P Market Intelligence.
That will include $100 million in equity, plus $50 million in the form of a convertible loan, the company said.
If the loan goes to foreclosure, the bank dispatches someone to find the right box and dig out the relevant files.
In addition, all loans are undergoing an automated review and all loans over $2 million will undergo a manual review.
Take Shopify, which committed $200 million in business loans to its merchant partners.
Vazquez also didn’t specify how the 36% rate cap would be applied, including whether the company would charge that much on all its loans, which range from $300 to $10,000.
Both my parents grew up that way, but my mom is a loan officer at a bank.
For restaurant owners who did receive funding, a majority of that money was expected to be used on payroll, and for the loan to be forgiven a majority of staff had to be rehired.