Sentence examples for lack collateral from inspiring English sources

The poor cannot usually borrow from commercial banks, because they lack collateral.

In other words, were the loans legally transferred into the trust, and, if not, do the trusts lack collateral for investors to claim?

But the need is great: food and beverage ventures can have trouble finding financing from conventional banks because they are risky, and aspiring owners often lack collateral.

One of microfinancing's cardinal rules is that borrowers, though they may lack collateral, must be treated as serious business people, not charitable cases, so the Mindanao foundation charges 3percentt monthly interest.

Others being honoured included Senator Edward Kennedy, who has been battling brain cancer and was not present, former Supreme Court Justice Sandra Day O'Connor and Nobel Peace Prize laureate Muhammad Yunus, who pioneered "microloans" to provide credit to poor people who lack collateral.

Microcredit basics Microfinance is an umbrella term for financial services provided to low-income individuals who do not have access to the regular banking system – big banks usually shun people who lack collateral, considering them too risky a prospect for loans or other services.

In most cases the loan applicants could not get financing through more traditional means, like a banking or venture capital company because they lacked collateral or sought money for financially unattractive ventures, the officials said.

Beyond the concerns about lacking collateral, experience and cash flow, lenders are often wary of franchisees who are unable or unwilling to make a large equity investment in their business.

If any nonexempt property existed, the bankruptcy trustee would liquidate it to pay secured creditors first, with unsecured creditors, such as ex spouses (who lacked collateral or guarantees) at the back of the line.

Most banks will not finance raw land purchases because of raw land lacks collateral.

Lack of collateral was invariably the reason.