answersLogoWhite

0

What else can I help you with?

Continue Learning about Finance
Related Questions

What are borrower?

Borrower is a person who borrow something. It is a common defination.


What is the noun of borrow?

The noun forms of the verb to borrow are borrower and the gerund, borrowing.


What are the requirements for lending loans from your financial institution?

To borrow a loan from our financial institution, you must have a good credit score, stable income, and provide collateral or a co-signer. Additionally, you need to fill out an application and meet our lending criteria.


What is the noun form of borrow?

The noun forms for the verb to borrow are borrower and the gerund, borrowing.


What is a borrowee?

A borrowee is an individual or a company that borrows money from a borrower, though this term is not correct. The grammatically correct term is borrowed.ex: XYZ lent money to ABC. XYZ sued the borrowed because it was not receiving its capital back.Although a word 'borrowee' is not a correct term, it is sometimes used in financial world of business to describe an entity that an individual or an institution has 'borrowed' money from, NOT the one borrowing who is the 'borrower.'example:A 'borrower,' out of desperation, 'borrowed' money from a 'borrowee' with high interest rate and caused himself to fall into deeper financial trouble.Also, 'borrowed' is not grammatically correct term of either a 'borrowee' or a 'borrower,' but is only a past form of a verb, 'borrow.'


The sources of capital for a sole trader are?

A sole trader can get capital from personal savings or from a family member. A number of them are able to borrow money from a financial institution if they can pay from a secondary source.


What is the difference between a banc and a bank?

The term "banc" refers to a bench or a high court, while "bank" refers to a financial institution where people can deposit, withdraw, and borrow money.


Can the borrower on a promissory note transfer the debt to another borrow without lender approval?

Is not possibile.


How do you borrow money from a lending institution?

Fill out an application for a loan.


What is the site Everett Credit Union all about?

Everett Credit Union is a not-for-profit financial institution that provides its members with credit. Members are able to save and borrow at reasonable rates not otherwise available to them.


Can you borrow against an IRA for financial assistance?

Yes, you can borrow against an IRA for financial assistance, but it is generally not recommended due to potential tax implications and penalties.


Where is the best place to go to get advice on start up business loans?

The best place to go to get advice on start up business loans is your financial institution. They can guide you and let you know how much you are entitled to borrow if any, based on credit, and risk. It is wise to go to more than one financial institution to get informed as well as to search competitive borrowing rates.