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A flexible loan is a loan in which the borrower is allowed a considerable amount of freedom. This freedom can allow the borrower to change the terms of the loan as circumstances change.
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What is the definition of an amortized loan?
An amortized loan is just a basic loan where the principal and interest are paid on a monthly basis. Usually, the majority of the interest is paid first, then the principal.
Where can someone get a flexible secured loan?
A flexible secured loan is a loan instrument that is backed-up by a collateral, usually a property. Another variation for this kind of loan is the Home Equity Line of Credit, whose interest rate is usually tied to the prime interest rate.
Definition of a drawdown loan?
Loan draw down is withdrawing the money as in the disbursement of the loan.
Definition of flexible cash budget?
By definition, a flexible cash budget is a cash budget with wiggle room, in lay terms. It can be adjusted or flexed with varying circumstances as they arise.
What is the definition of the phrase loan syndication?
The definition of the phrase syndication loan is: "A loan offered by a group of lenders who work together to provide fund for a single borrower." The borrower could be a corporation, a large project or a government.
What is the definition of an amortized loan?
An amortized loan is just a basic loan where the principal and interest are paid on a monthly basis. Usually, the majority of the interest is paid first, then the principal.
What is the definition of a VA mortgage loan?
The definition of a VA mortgage loan is a loan that is guaranteed by the Veterans Administration. The purpose of this loan is to assist veterans and their families in obtaining home financing.
Where can someone get a flexible secured loan?
A flexible secured loan is a loan instrument that is backed-up by a collateral, usually a property. Another variation for this kind of loan is the Home Equity Line of Credit, whose interest rate is usually tied to the prime interest rate.
What is the definition of a fake loan scam?
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Definition of a drawdown loan?
Loan draw down is withdrawing the money as in the disbursement of the loan.
Legal definition of a bank loan drawdown?
what is the definition of bank "drawdown"
Definition of flexible cash budget?
By definition, a flexible cash budget is a cash budget with wiggle room, in lay terms. It can be adjusted or flexed with varying circumstances as they arise.
What types of CFS loans are presently available?
There are several types of CFS loans available, such as a student loan, a payday loan, an installment loan, and the popular Flexible Credit Home Loan.
What is the definition for working capital loan?
The definition of working capital loan is a loan for which the purpose is to finance everyday operations of a company. You can learn more about working capital loans at the Investopedia website.
Which banks can be more flexible for a first time loan?
There are several banks which are able to be more flexible for a first time loan. However, it is recommended that one should check out at the website standardbank to have general information beforehand.
What is the definition of basic design?
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According to the Business Dictionary what is the definition and meaning of time loan?
According to the Business Dictionary the definition of a time loan is a loan that is given to someone when they only have a certain amount of time to pay it off.
