The main risk of being a guarantor is that you can be held fully responsible for repaying the loan if the primary borrower stops making payments. This means the lender can pursue you for the missed ...

Oil and gas projects will be eligible for the loan guarantee program after advocacy groups raised concerns they would not be included because they don’t align with Ottawa’s greenhouse gas reduction pl ...

A personal guarantee means the business owner agrees to pay off the loan if the business can’t. Collateral gives the bank a specific asset or part of the business to seize if the business ...

The Indigenous loan guarantee program will have no green strings attached, opening opportunities for controversial development like oil, gas and nuclear projects.

VA loans do not usually require a down payment, but there are certain circumstances in which a down payment might be necessary. Making a down payment on a VA loan can help reduce your funding fee and ...

The US Department of Energy Loan Programs Office has conditionally committed up to USD1.52 billion for a loan guarantee to Holtec Palisades for its project to bring the Palisades plant, which ceased ...

Teased in last year's fall economic statement, the Indigenous loan guarantee in the 2024 budget allows communities to decide which projects to invest in.

The VA doesn’t lend the money; private lenders do that. However, the VA guarantee means the government will repay the loan in part or full if the borrower defaults. This guarantee makes getting ...

The Department of Veterans Affairs will offer a program starting next month to help more than 40,000 veterans who face severe financial struggles to avoid foreclosure and keep their homes.