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PACCAR Renews Bank Credit Facility

An additional existing $1 billion credit facility matures in June 2012. These bank credit facilities provide back-up liquidity for PACCAR’s commercial term papers and medium-term notes. “PACCAR is pleased to renew its credit facility with over twenty of the leading banks and financial institutions worldwide,” said Ron Armstrong, senior vice president.

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Created by Mylane 34 weeks 21 hours ago – Made popular 34 weeks 21 hours ago
Category: Marketing   Tags:
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The Bank of Mom & Dad

With no-down loans long gone, many buyers turn to family for help with the upfront cash.

Real estate agent Brandon Green had a buyer lined up for a one-bedroom co-op he recently listed in a trendy Adams Morgan building. But two days before closing, the lender requested that the buyer come up with $9,000 more in cash.
Green got worried. His seller panicked.

But the buyer found a solution: She called her grandfather, who wired the additional money just before settlement.

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ltsmith's picture
Created by ltsmith 48 weeks 3 days ago – Made popular 48 weeks 3 days ago
Category: Lending   Tags:
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