If a bank loan goes into default, it makes sense to write it off the books.
There will probably be more unpleasant surprises in bank loan portfolios before the recession is over.
Recently, bank loan funds have been getting buzz as the better way to play junk.
To get a bank loan Oumarou would have to put up a large amount of collateral.
The couple turned to peer lending after realizing they wouldn't qualify for a traditional bank loan.
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Last year, for example, Invesco PowerShares called Browne to seed a bank loan fund.
Under a World Bank loan, the authorities have continued to improve the framework for problem bank resolutions.
Mr. Cecchi also expects more distressed assets, including bank loan sales, to hit the market in 2013.
Now that they're a going concern, they're hoping to pay off the card debt with a bank loan.
Now that they're a going concern, they're hoping to pay off the cards' balances with a bank loan.
Davidson stresses that any assets owned by business owners must be attached as liens to any bank loan.
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With some bank loan agreements recently updated, Baldor seems to have escaped the worst of the credit crunch.
For example, racial discrimination against an applicant for a bank loan is illegal.
Paul Krugman has pointed out that when you strip this trick down you are left with a bank loan.
Recurring expenses--like interest on a bank loan, car payments or rent--are paid automatically, and Cindy receives notification by e-mail.
But will all this help Mr Sun at last get his bank loan?
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One company, Pasadena-based Paula Financial, is in technical default on a bank loan.
None of that should be construed as saying bank loan bonds are safe.
The latest Fed survey of bank loan officers, in July, showed them continuing to tighten underwriting standards across all categories.
In December, HMV warned that trading was so poor that it was in danger of breaching its bank loan agreements.
Well, you can't expect a bank loan officer to lend money because some kid in Budapest is playing Michael Jackson tapes.
Proceeds from the new bank loan, the bond sales and the Fiat investment will be used to repay the government loans.
SHARE's balance sheet, at a cost that is three to four percentage points cheaper than it pays for a bank loan.
Because it is secured, a bigger mortgage is a cheaper way of financing home improvements or holidays than an ordinary bank loan.
Assist when getting a bank loan and is essential when courting investors.
With such rights, land title could be leveraged with a mortgage, used as collateral for a bank loan or sold more easily.
They get paid promptly through a bank loan collateralized by the receivable.
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Used to be that a company borrowing to cover payroll or an inventory buildup would get a 12-month bank loan backed by tangible assets.
David would take out a bank loan against the iou and use the cash to buy more art--"Like when you sell automobiles, " he says.
Sharp is on financial life support, having just been granted a JPY 100 billion bank loan that will be used to redeem maturing convertible bonds.
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