equity credit line


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Synonyms for equity credit line

a loan secured by equity value in the borrower's home

References in periodicals archive ?
Transfer credit card bills: If you have access to a home equity credit line, use that to pay off your credit card debts.
If you're a careful spender, you may be able to save even more by consolidating your debt on a home equity credit line or a home equity loan.
The strong relationship between having a home equity credit line and high levels of income and remaining home equity can be seen when homeowners are grouped by level of income and home equity (table 6).
LOS ANGELES -- CPN has announced that it has received an offer for a 2 million dollar equity credit line for FSTH.
A home equity credit line, for instance, provides more flexibility for subsequent borrowing and might be more appropriate for handling repetitive credit needs, such as tuition expenses, even when rate comparisons seemed to favor a refinancing.
Existing and new customers can apply for emergency small business loans up to $25,000, or for low-interest auto, reduced unsecured five-year loans, or special home equity credit line rates.
Widespread consumer interest in home equity credit line plans dates to 1986, when extensive promotion of such plans by financial institutions began.
The Investment Agreement, in the form of an Equity Credit Line, provides for GWI to have the right to require Dutchess to purchase up to $10 million of the company's common stock at a seven percent discount to market over the course of 36 months after a registration statement has been declared effective by the U.
The Investment Agreement, in the form of an Equity Credit Line, provides for ERF Wireless to have the right to require Dutchess to purchase up to $10 million of the company's common stock at a seven percent discount to market over the course of 36 months after a registration statement has been declared effective by the U.
Whilst we do not intend to rely solely on the Equity Credit Line for short term funding requirements, it provides a degree of flexibility in our plans to open further centers.
The twenty million dollar equity credit line established with Fusion Capital has provided us the means to build out our manufacturing capability, strengthen our balance sheet and secure future growth with minimum dilution to our shareholders.
Tapping into a home equity credit line to help build or sustain a small business is a relatively easy way to go, but that doesn't make it the wisest choice," Papalia explains.
By having a fixed price financing, the Company can elect to draw down the capital needed without the risks and uncertainties inherent in an equity credit line.
Energas is under no obligation to request any drawdowns under the equity credit line.