1. And the bank has always been willing to make new loans to cover old ones. 2. As inventory items are moved into the warehouse, loans are made to the borrower. 3. Banks are cautious about making new loans. 4. Banks used to make loans and keep these on their books until they were repaid. 5. Consequently the Bank satisfies itself that the borrower can meet the interest and capital repayments before making the loan. 6. Similarly, banks make merchandise loans to enable customers to cope with seasonal imports especially where bulk purchases might ensure considerable discounts. 7. Symington has maintained that the funds had locked themselves into making the loans regardless of what he said his holdings were worth. 8. The World Bank will only agree to make this loan if certain conditions are met. 9. The organization was allowed to make loans to private businesses. 10. Building societies make loans to creditworthy customers. |