Loans

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The Economic Times  Feb 17  Comment 
REC is a NBFC that provides financial assistance to power entities in the government as well as the private sector in the areas of power.
Banking Business Review  Feb 17  Comment 
NatWest is launching a new digital platform to accelerate the lending process for small and medium enterprises (SMEs).
The Economic Times  Feb 17  Comment 
If banker think that the move will ring fence them from investigative agencies on being questioned for decision taken today, it won't serve the purpose.
The Economic Times  Feb 16  Comment 
This facility comes with bullet repayment option. This means the loans will become due for payment only at the end of the tenure.
Financial Times  Feb 16  Comment 
Delinquency rate reaches highest level since 2009
Japan Today  Feb 15  Comment 
Toshiba Corp on Wednesday asked creditors for an extension of a waiver for a loan covenant violation until the end of March, financial sources who were briefed on the matter said. The request comes one day after the beleaguered conglomerate...
Clusterstock  Feb 15  Comment 
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Incumbent banks have recently been upping their efforts to appeal to small- and medium-sized businesses (SMBs), as alt...
Benzinga  Feb 15  Comment 
It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for...
Clusterstock  Feb 15  Comment 
New Chinese loans increased by RMB 2 trillion in January. The People's Bank of China may be tempted to raise benchmark rates to slow lending, according to Deutsche Bank. Domestic lending in China shot up in January in a sign the country's...




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Loan

A loan is an arrangement to borrow money. The lender provides the money with the understanding that the borrower will return the corpus in the future plus interest which gives the lender an incentive to lend out the principal.

Investors use many types of loans for example it could be a purpose loan using securities as collaterall with proceeds from the loan being used to purchase additional securities. [1] Or it could be a Hypothecate loan pledging securities as collateral for a loan to use for a specific purpose, without giving up ownership of the securities. [2]


Loans can broadly be categorized in to two variations:

same day loans

Secured Loans

This is the kind of loan where the borrower pledges some kind of collateral as a security until the principal is paid off completely. The most common example would be a Mortgage Loan, where the lender holds a lien on the house title until it's paid off in full.

Same day cash loans

Secured loans that lack sufficient collateral can sometimes be made by having the lender secure a guarantee from the SBA. Quickcash

Each lender will have their own underwriting criteria for a secured loan, but typically the following five factors of the borrower are considered: 1.) Capital 2.) Capacity 3.) Collateral 4.) Conditions 5.) Character [3]

12 month loans fast

Unsecured Loans

This is the kind of loan where the borrower does not provide a collateral. But, generally should provide proof of regular source of income and / or stable job so that the lenders can weigh their risk and come up with an interest rate for the term of the loan.
Examples would be, credit card loans, personal loans etc,.

13c, to lend, to borrow, originally, to let have, to leave (to someone), gift, loan is attested from 1620s, Loan word (1874), loan-translation is attested 1933. Slang loan shark first attested 1905. [1]

References

  1. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton Gordon Malkiel ISBN-10: 0393062457 pg295
  2. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton Gordon Malkiel ISBN-10: 0393062457 pg182
  3. http://bizplancompany.com/the-5-cs-of-lending/
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