Valdez also discussed an innovative option his firm is pioneering to give clients an alternative to the typical operating line of credit: In these cases, Pavestone will pool the customer invoices into a fund that becomes the functional equivalent of a traditional line of credit.
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If builders run over budget, they might have to renegotiate a line of credit or credit facility, so the last person in line for payment may wait longer, he said.
Nearly 75 percent of those surveyed said that, to come up with the money, they would have to dip into savings, ask friends and family for help or rely on credit cards or a home equity line of credit.
The key to minimizing the charge-off rate of a citizen line of credit program will lie in two areas: tax reform, and how the credit lines are administered.
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The child element of child tax credit and the disability elements of tax credit will be uprated in line with inflation, but other tax credit increases will be restricted.
Income, asset and credit documentation requirements are rigorous, having a second mortgage or a Home Equity Line of Credit, condo or co-op ownership or unrealistic value expectations can add unforeseen land mines to the refinancing process.
Government regulations of any kind can impact the bottom line of credit card companies.
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Mr. MITTERNIGHT: They want to be paid in 30 days, and what that does to me, in many instances, in order to maintain credit with those companies is quite often, I will have to either tap into my line of credit or go make a loan from some sort of a banking institution.
Think of the federal government as running up its line of credit to avoid the calamities we would face if it did not do so.
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Home-equity lines of credit allow borrowers to tap the credit line as needed, and the rate is typically variable.
And if borrowers place some of the withdrawal from a home-equity loan, a line of credit or cash-out refi in a bank or brokerage account, it will likely lead to a smaller financial-aid package for the next academic year.
Otherwise, all of these expensive, overlapping programs could be replaced with a simple line of credit for each adult citizen.
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After graduating from college in the spring of 2009, friends Jackie Graham and Emma Mahon started a fashion company with savings and a bank line of credit.
Instead of financing it with an auto loan, they decided to pay for it by using the home equity line of credit that had been offered to them automatically when they signed their mortgage.
The U.S. has a virtually unlimited line of credit into the world's savings pool.
If you see a line of credit attached you've probably got a margin account.
What if Mom wants to sell her house or take out an equity line of credit?
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Having cash and a line of credit enables you to cash in on this opportunity.
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If you want to reduce the amount on your line of credit, you have to specifically request that.
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They'll then use that information to access the money in your account or open a line of credit.
According to two sources, the sisters recently took out a line of credit from Citigroup and used their trust as collateral.
Both would be significant blows to the bottom line of credit card issuers.
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The two entities are still cash positive and haven't drawn down a dime of this new line of credit.
The rest comes from a line of credit and a stock sale (which I did mention in the piece).
Instead, he applied for a bank line of credit, and created a new gray area of campaign finance law.
That's in part because with a reverse mortgage, the unused portion of the line of credit grows bigger over time.
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When McCain's campaign was about to go broke over the winter, he got a line of credit from a bank.
Taking out a loan, or a line of credit, or a home equity loan, or even a loan from your dad.
Using cash raised by selling its shares or drawing on a line of credit, American Foundation would pay off the mortgage.
Tyler Rose, Kilroy's chief financial officer, said the Columbia Square project will initially be funded with a bank line of credit.
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