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Moreover, market conditions prevailing at the time a comparable was priced also unduly influence subsequent loans.
If borrowers pay back loans on time, Progreso grants them better terms on subsequent loans.
But according to a resolution released Wednesday and being adopted by the full board of trustees, all subsequent loans will "be used only for primary residences".
Ms. Perez has used subsequent loans to expand the size of her store and now plans to invest in enough tablecloths to decorate two parties at the same time.
When you give up first lien position on some or all of your assets, you really want to make sure that you are getting the money you need at the right price — because subsequent loans are likely to be either more expensive or impossible to obtain.
With subsequent loans, she bought better seed and fertilizer.
Similar(53)
Subsequent loan is any FLP loan processed by the Agency after an initial loan of the same type has been made to the same borrower.
The Investment Accounting staff records initial loan disbursement and subsequent loan payments in loan subsystem, prepares and distributes annual tax information to borrowers, prepares periodic statements of loan activity for borrowers, and prepares periodic loan status reports.
Zaha's £15m sale to Manchester United in 2013, and subsequent loan back before a permanent return last summer, was critical in ensuring the club were promoted to the top flight virtually debt free.
With his eye-catching blond hair and electrifying, defender-disorientating, pace, he proved similarly prolific for Watford during the 2012-13 campaign though a subsequent loan at West Brom last season in the Premier League was less successful.
The Washington Post has reported that a subsequent loan of $285m from Deutsche Bank to Kushner Companies, relating to the purchase of the building, could fall under the remit of the Mueller investigation given Deutsche Bank's scandal-riven reputation.
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