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Discover LudwigThe phrase "advancing loan" is correct and usable in written English.
It can be used in financial contexts to refer to a loan that is being provided or processed, often in relation to a specific purpose or project.
Example: "The bank approved the advancing loan to help the startup cover its initial operational costs."
Alternatives: "progressive loan" or "forwarding loan".
Exact(1)
Socit Gnrale's U.S. real estate group in Dallas encourages developers to position Webcams at their construction sites to see if a developer has finished one stage of construction before advancing loan funds for the next stage.
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Pawnbroking, business of advancing loans to customers who have pledged household goods or personal effects as security on the loans.
In contrast to traditional doorstep lenders, Wonga says, it turns down almost two out of three first-time loan applicants and runs up to 8,000 high-speed, online credit checks before advancing loans in just 15 minutes.
We advance loan guarantees to finance the sale of Boeing 777-200LR aircraftoto Air India.
Hong Kong banks have conventionally been conservative lenders, extending mortgages that cover less than 70%, and sometimes even less than 50%, of property values.An insurance scheme provided by the Mortgage Corporation enables local banks to advance loans of up to 95% of values.
Through this act, the government made it a state policy to advance loans to developing industries.
For starters, the advance loan can carry an interest rate of over 300 percent.
I recently had to place a small-business owner in a 27-percent annual-percentage rate cash-advance loan.
In May, Regions introduced its "Ready Advance" loan after determining that some of its customers were heading to storefront payday lenders.
If borrowers have the ability to repay their mortgage debt within nine months, they cannot qualify for the HomeSaver Advance loan.
We can sometimes solve this situation by paying off the back taxes with a six- or 12-month merchant cash advance loan before the borrower gets the S.B.A. loan.
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