instead of typing "Whats a" type in "what is a" because my answer is on there x
Is an SBA Loan discharged in bankruptcy?
It depends what kind of bankruptcy you are talking about. Most individuals file for chapter 7, so I'll assume you are talking about Ch 7. In the vast majority of those cases, the SBA loan is discharged along with all the other unsecured debt.
Many people confuse SBA loans with federally backed student loan debt, and they are not the same. SBA debt is treated just like any other debt in a bankruptcy. The unique feature about SBA debt is that they have a settlement process (known as the Offer In Compromise) that allows borrowers to settle their debt without resorting to bankruptcy.
- Distressed Loan Advisors
Yes, any loan AGAINST real property is considered a secure loan. In this case, the car is the security. For a home mortgage, the home is the security.
Unsecured loans are typically credit card loans and revolving lines of credit such as those you might get with Fingerhut or others who "self-finance" your purchases.
Loans to small businesses unable to secure financing on reasonable terms through normal lending channels. The program operates through private-sector lenders that provide loans, which are guaranteed by the Small Business Administration (SBA) -- the SBA has no funds for direct lending or grants.
Define a lifestyle entrepreneur?
A lifestyle entrepreneur becomes an entrepreneur for quality-of-life reasons.
Why is it easier to get a secured loan?
A secured loan is one in which the debtor pledges some tangible item of value, such as a motor vehicle or real estate, as "security" for the loan - i.e., the creditor may take possession of that item if the debtor defaults on the payments. This makes the loan safer for the creditor and, therefore, easier to get.
What can a business do to help it achieve higher levels of security?
To achieve higher levels of security, a business can implement a comprehensive security policy that includes regular risk assessments, employee training on security best practices, and the use of advanced security technologies such as firewalls, encryption, and intrusion detection systems. Establishing strong access controls and ensuring that software and systems are regularly updated can further mitigate vulnerabilities. Additionally, fostering a culture of security awareness among employees can help in identifying and preventing potential threats. Regular audits and compliance checks are also essential to adapt to evolving security challenges.
What is SPP program in Canada?
The SPP is a pilot project designed which aims to test a model for expediting the student visa process and delivering higher approval rates while maintaining program integrity. The SPP is an administrative framework that involves close cooperative partnership and feedback from the member colleges to ensure student compliance with the terms of their study permits.
All Study Permit application checklists have been revised and improved as a result of the SPP framework to help students make simpler applications.
All students are strongly encouraged to submit supporting documents as indicated in the checklists to facilitate the processing of their applications. Study in Canada under SPP program
You can apply for SPP Program to study in Canada, Citizens of India wishing to study the SPP Program as a fulltime student can apply.
For more details regarding course and college selection:
Contact : IELTSguru Consulting Hyderabad
Factors influencing the choice of EDI software?
When selecting EDI (Electronic Data Interchange) software, key factors include compatibility with existing systems, scalability to accommodate future growth, and ease of integration with trading partners. Cost-effectiveness, including licensing fees and maintenance expenses, is also crucial. Additionally, user-friendliness, customer support, and compliance with industry standards can significantly influence the decision. Security features to protect sensitive data are increasingly becoming a top priority as well.
Is a Line of Credit a secured loan?
Some are secured, some are not. A Home Equity Line of Credit is secured by real estate (a residence or property) A business line of credit may be secured by a stake in the business or lien against equipment or inventory. Business lines may also be unsecured. Personal or "signature" credit lines are unsecured.
What are the advantages of inventory management?
The advantages of inventory management are to help you to reduce inventory holding thus increase your profit. Inventory data accuracy will be improved as all the incoming and outgoing stocks are recorded properly in the system. With proper inventory management, you can increase productivity by reducing the head counts and overtime.
What do individual go for entrepreneur?
Motivators for starting a business.
What does a person choose as an entrepreneur?
People may decide to launch their own businesses for a number of reasons, such as:
Following their passion: Entrepreneurs frequently launch firms based on their hobbies and passions, giving them the opportunity to do what they love while earning a job.
Entrepreneurs have the opportunity to make more money than they would in a typical job, which could lead to financial independence. Also, they can amass fortune through their business.
Flexibility and autonomy: For people who value independence, the flexibility to create their own schedules and make their own decisions might be desirable
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Atlantic Richfield Company address?
What is the address of ARCO...Alantic Richfield,Mining Department,pension receiving information,
for the curtailment company employees... they took over,which was Anaconda Mining Company,Butte Montana,59701 leslehenrie@gmail.com is my e-mail address.Thank you kindly...
Difference between a secured loan and non secured loan?
A secured loan is a loan which has been secured against an asset, in most cases a property. This reduces the risk to the lender as if the borrower defaults on paying the loan back, the asset can be sold by the lender to reclaim some if not all of the monies.
An unsecured loan poses a much greater risk to the lender and the higher interest rates reflect this risk. If the borrower defaults on paying this type of loan back, the lender only has the option of issuing a default against the borrower reducing the likelihood of the borrower getting furtutre credit.
If you are looking for a loan within the UK visit
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What type of enterprise would be most likely to secure a large business loan?
A well-established real-estate developer
Will a millionaire help me if i need money?
I am in an urgent situation. Unable to make the payments on the credit card bills.
Which compounding period has the highest effective rate of interest?
The compounding period with the highest effective rate of interest is continuous compounding. This is because interest is calculated and added to the principal at every possible moment, maximizing the amount of interest accrued over time. As a result, continuous compounding leads to a higher effective annual rate (EAR) compared to annual, semi-annual, quarterly, or monthly compounding periods. In essence, the more frequently interest is compounded, the higher the effective rate will be, with continuous compounding being the ultimate case.
The annual equivalent rate is 15.5625%. The amount invested is irrelevant to calculation of the equivalent rate.
Because secured loans are loans that are secured on your property, they are looked at totally differently when applying for a mortgage, in most cases the mortgage lender will probably want you to repay the secured loan before approving your mortgage
Tesco is a supermarket. It sells a variety of things for your needs, like food, drinks, clothes, toys, toiletries etc. It's like Wal-Mart (Or ASDA) or Sainsburys etc. It ompetes with other supermarkets to do well. Its main exports are food (Veg, fruit, bread, frzen good etc) and Drink