You'll have to put down 30% of the cost of the building and amortize your loan.
In this way microlending is reminiscent of the building-and-loan societies of the 19th century, which enabled groups of immigrant families in the U.S. to take turns financing houses for members of the group.
First, savers provide money indirectly to borrowers through intermediaries, such as banks, savings-and-loan associations (building societies), mutual funds and pension funds.
When its profitability dipped last summer, according to its SEC filings, Inktomi was forced to exercise a purchase option--in essence to repay Deutsche Bank for the loan on the building.
In December, the firm and a partner acquired a loan secured by a Dublin office building.
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Building such a plant (even assuming that loan markets are normal) requires a great deal of faith in a stable energy policy.
Last February, Joe and Doug were able to purchase the building we're standing in with an SBA loan -- an expansion that has already helped them retain 10 jobs, and one that will create 10 new ones in the months ahead.
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If the building owner agrees to the upgrades, the contractor sends a loan request to participating banks for approval.
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According to the Nationwide Building Society, mortgage payments in the first year of a loan are currently around 25% of take-home pay, half the average burden in the 1980s.
He also plans to start raising private money for the second factory in the second half of this year since the loan guarantee, which will translate into a government loan, will cover roughly half of the cost of building and outfitting the factory.
Foundation schools may decide to do building work without getting local authority agreement - but they cannot raise a loan on the buildings and of course it means they have to put right anything that goes wrong.
Between them, the fiscal investment and loan programme and the 30-odd special budgets for specific undertakings (eg, road building) add up to more than the national budget.
But with one loan coming from here, another from there, I had no idea of the rockslide that was building.
Morgan Asset Management, for example, lost a high-end apartment building in the Chinese city of Dalian to foreclosure last summer after sluggish sales put the firm in violation of loan covenants.
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