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Advance Rate |
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Advance Rate A percentage of collateral that determines the loan amount that a lender will issue a company. Notes: If a lender's advance rate is 85%, and a company has an asset of $1,000,000 that it could use as security on a loan, the lender would issue a loan of up to only $850,000. |
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| 75% over then
applicable five-year Federal Home Loan Bank Board advance rate. Subsequent to year end, the
Company completed a $25 million subordinated warehouse facility that
will allow for an advance rate up to 93% of the principal balance of
receivables it purchases.
Date: Thursday, January 18, 2007
Time: 11:30 Networking & Registration - 12:00 - Program Begins
Location: Radisson Hotel Newport Beach - 4545 MacArthur Boulevard
Cost: LMA Members $35, advance rate or $40, at the door
Non-members $45, advance rate or $50, at the door
RSVPs: Please contact Heather DeSha: (949) 263-4490 or
lmasocal@cox. |
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Advance Rate