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References in periodicals archive ?
"Those cheques were actually taken back from the landowners and fresh cheques were issued to them from the loan account of M/s Paradise Avenue and loan account of Shree Simula Solutions, other sister concerns of the leading partner of the firm with objective and purpose to buy the land in question out of the loan amount alone sanctioned by the Bank," the release read.
In case of clearing the loan before the end of tenure, 1-3 per cent of the outstanding loan amount will be charged as an early settlement fee.
A front-end fee of 0.50 percent of the loan amount is due within 60 days of effectiveness date of the project and may be financed out of the loan proceeds.
The loan amount, which will be used to consolidate existing debts into one facility with a lower rate of interest, is smaller than the $3.5 billion that sources indicated last month the energy firm was looking to raise.
The source says that the loan amount is up to 1,000,000 AMD, the period of redemption is up to 24 months, the interest rate is
I believe our competitive interest rates, loan amount and flexible terms will prove extremely popular."
The new SBA results pinpoint Huntington as the top lender in Ohio and Michigan, in both number of loans and total loan amount, and the top lender in volume and second in loan amount in Indiana, West Virginia, and Western Pennsylvania.
The loan amount of $24,240,628 has a 7-year fixed rate term at 3.62% and a 30 year amortization.
The deal has an arrangement fee of 2.5 per cent of the loan amount, which can be a bit high and the penalties last until 30/11/2012 and are 3 per cent in the first year and 2 per cent in the second year.
The penalties last until July, 2012 and are three per cent of the loan amount plus an administration fee of pounds 295 on redemption.
Their average loan amount was $189,883, significantly less than the average loan amount of $236,517 for non-first-time home-buyers, said MBA.
Paragraph 17(8)(a) excludes the loan amount from the operation of section 17 if CFA1 uses the proceeds to earn active business income or to make a loan to another CFA that satisfies the conditions of subsection 95(2).