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Determining a Loan-to-Value Ration collateral's highest market value.


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Please note that the Federal Perkins Loan Program is expiring.

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It starts out at less than $4000, then increases in $2000 increments up to $20,000.

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Find out what your lender expects by asking him or her what percent of the bank's total small business loan portfolio is guaranteed.

  • Also known as a vehicle loan.
  • There is no credit check involved, so applicants with less than optimal credit can still qualify for a loan.
  • The law only recognises a bill of sale if the lender registers it with the High Court.
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By creating these electronic IOUs, banks can effectively create a substitute for money.