The one, that the tooth of usury be grinded, that it bite not too much; the other, that there be left open a means, to invite moneyed men to lend to the merchants, for the continuing and quickening of trade.
Secondly, let there be certain persons licensed, to lend to known merchants, upon usury at a higher rate; and let it be with the cautions following.
There might be some reasons for the banks' reluctance to lend to
SMEs, such as the difficulties involved in assessing creditworthiness.
No amount of spare cash would encourage banks to lend to
someone they don't think will pay it back.
The so-called social lending website enables people to borrow from or lend to
each other, side-stepping banks.
One commenter disagreed with a statement in the application that SouthTrust has a policy not to lend to
payday lenders, pawnshops, and other "money service businesses" ("MSBs").
In the United States, though financial companies have more leeway to lend to
lower-income consumers than they used to, they are still subject to a range of state and federal regulations.
Each answer was identical: "the lending committee has decided not to lend to
parent; (6) to finance a subsidiary located in a country with adverse economic conditions where local debt is impossible to secure at economical interest rates; (7) to engage in sophisticated interest rate or currency arbitrage; and, (8) to engage in a form of tax rate differential arbitrage approved in the Conference Report to the Tax Reform Act of 1986 -- i.e., to lend to
subsidiaries in jurisdictions with higher effective rates than the U.S.
In some countries, a floor for overnight interest rates is established by the rate of interest a central bank pays on excess reserve balances; banks would not generally lend to
other banks at an interest rate below the rate they could earn on a risk-free deposit at the central bank.
"When the banks see one of |safest' borrowers in the world not being able to service their debt," he said, they say, |well, who are we going to lend to
?' It will perpetuate the restrictive lending policies which have tightened the noose on real estate and in my opinion," he said, "is the single most important factor in causing prices to drop."
The REA, however, has resolutely ignored any changes in demographics: It will lend to
any co-op or company serving an area that has ever been designated as "rural"--originally defined as a town with under 1,500 inhabitants.
The survey results on banks, willingness to lend to
finance consumer purchases raises a natural macroeconomic question.
A new risk facing buildings and the institutions that lend to
them, Gartenstein said, is the expiration of J-51 benefits for some buildings.