References in periodicals archive ?
651 presents a viable approach to reducing potential lender liability problems under CERCLA for both the private and public sectors.
The reasons are the same as before: you are offering the lender a safer loan in terms of diversification, and they are going to reward you with more generous loan terms for making their loan safer.
Conventional wisdom says that a lender should hire a consulting engineer who will serve several functions: oversee the project and ensure that the work is being done; that the developer is only getting advanced the percentage completed; and that subs and suppliers are being paid and that all of the work is being done correctly.
The lenders "did an analysis of the cash flows and became comfortable with those values," he says.
The lender may report NA (Not Applicable) for rate spread.
Before applying the appropriate advance rate (typically 85%), the A/R lender will eliminate certain ineligible items from the base, including contractual reserves, aged receivables (i.
To look attractive to a lender, Duggan explains that the SNF owner needs to show things like a tradition of operating well with state surveyors.
For example, assume the lender makes a bank deposit with a conduit bank, which then advances the money to a U.
If a business is the borrower, the lender will consider whether it is a start-up company or one in operation under three years.
For example, an additional time period for a lender to cure a tenant's default under a lease may be a condition of a proposed loan.
This critical lender ratio is defined as available annual Net Operating Income (Revenue minus Operating Expenses) divided by the peak annual debt service (principal and interest).