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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Having launched in April 2014, George Banco has grown to become the number two player in the UK's growing guaranteed loans market, with a total net loan book of approximately GBP 30m.
The loan was allocated through the USDAs Community Facilities Direct Loans and Guaranteed Loans program.
As part of an effort to discredit government estimates, which suggest that direct lending costs less than guaranteeing loans, the literature published by student loan companies generally calls for adopting market cost estimates only for direct loans or incorrectly applies the concept to guaranteed loans so that they appear to cost less than government estimates.
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.
Department of Agriculture (USDA) today announced the availability of a streamlined version of USDA guaranteed loans, which are tailored for smaller scale farms and urban producers.
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.

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