Sentence examples for unsecured lines from inspiring English sources

"Credit cards are unsecured lines of credit with no set expiration date, which makes them one of the riskiest forms of consumer lending," said Lisa B. Westermann, a spokeswoman for Wells Fargo.

The SVB Private Bank segment provides banking products and a range of credit services primarily to venture capital/private equity professionals using both long-term secured and short-term unsecured lines of credit.

Secured credit cards are intended for people who have had some financial difficulties and thus have trouble qualifying for the sort of unsecured lines of credit typical with a standard credit card.

" Some specialized lenders are more predisposed to offer unconventional unsecured lines of credit or loan offers.

The financing involves the sale of convertible bonds offered to large investors in a private placement, as well as a $1.5 billion unsecured line of bank credit.

The first, offered since 2003 and called the Elderlife Line of Credit for Senior Living, is an unsecured line to cover the gap between the monthly cost of living in one of 3,000 independent communities or assisted-living homes nationwide that Elderlife works with and the amount people can pay until some liquidity-producing event occurs, like the sale of a home.

Comstock, a home developer based in Reston, Va., said it made a $5 million principal curtailment on its unsecured line of credit with the bank, and entered agreements to extend the maturity dates and repayment requirements of all remaining outstanding Bank of America loans.

On Oct. 25, it announced that it had drawn $1 billion from banks against its existing unsecured credit lines.

On Oct. 25, it said it had drawn $1 billion from banks against its existing unsecured credit lines.

One piece of Dow's legal strategy, according to Brady, is that Dow recently replaced Carbide's $1.5 billion unsecured credit line with a secured $1 billion note with a 30-day demand provision.

Radian invested approximately $518 million, including a $50 million unsecured credit line.