Guaranteed Loan

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Guaranteed Loan

A loan on which payment is guaranteed by a third party such as a government, an insurance company or a co-signer. A guaranteed loan is doubly protected because repayment can come either from the issuer or from the third party in case the issuer defaults. As such, a guaranteed loan is low risk and therefore usually carries a lower interest rate than another loan without a guarantee.
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Given the volume of FSA guaranteed loans in the portfolio, our customers will experience quicker turnaround time as a benefit.
Carpenter, (7) the taxpayer had guaranteed loans to businesses he thought would succeed.
This puts an indefinite moratorium on millions of dollars in guaranteed loans, a key tool in business development granted to thousands of Los Angeles-area businesses annually.
Betsy Myers, the assistant administrator at OWBO, says that women business owners were receiving only 8% of SBA guaranteed loans during the Bush administration compared with 40% for men.
The conference report also stated that anti-avoidance regulations for the treatment of guaranteed loans should not apply to debt that was in existence before such regulations were released.
Because the new program provides up to 100 percent financing, FmHA's guaranteed loans reach that untapped market: the moderate-income rural resident with good credit but no down payment funds.
In fact, despite four years of allegations and criticism by the General Accounting Office (GAO), Iraq was eligible for the guaranteed loans until it rolled into Kuwait.
The measure would speed up processing of federally sponsored or federally guaranteed loans for first-year college students, who must often wait 30 days for approval and funding.
The tally of guaranteed loans in the year through March 31 was collated by the Nihon Keizai Shimbun on the basis of financial statements of parent companies listed on the nation's stock exchanges, excluding financial institutions.
Women business owners now receive 8% to 10% of SBA guaranteed loans.
To keep the business going, Litwin made several loans to the corporation and guaranteed loans from banks that totaled over $1.
The SBA is proud to have helped finance many small businesses in Detroit, and I hope that conference attendees will take advantage of our guaranteed loans to start even more small businesses in the areas being visited," said Richard Temkin, district director for the SBA's Michigan District Office.

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