Evergreen Loan

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Dictionary Says

Definition of 'Evergreen Loan'

A loan that does not require the principal amount to be paid off within a specified period of time. Evergreen loans are usually in the form of a short-term line of credit that is routinely renewed leaving the principal remaining outstanding for the long term. 

Also called a "standing" or "revolving loan".
Investopedia Says

Investopedia explains 'Evergreen Loan'

Credit cards and checking account overdraft lines of credit are widely-used as evergreen or revolving loans. Evergreen loans are a useful type of personal credit because the user does not need to reapply for a new loan every time they need to use it.

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'Evergreen Loan'

  • The Frosty, Festive World Of Investing

    http://www.investopedia.com/articles/05/XmasTerms.asp
    ... Evergreen funding is very rare in the world of business. For Americans, an evergreen
    loan is a short-term loan that is continually renewed rather than repaid. ...

  • What is evergreen funding?

    http://www.investopedia.com/ask/answers/08/evergreen-funding.asp
    ... Thus, the company receives money from its investors as the need for funds arises,
    and alike the evergreen tree, is never ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • 6 Economic Gifts I Want For Christmas - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1109/6-Economic-Gifts-I-Want-For-Christmas.aspx
    ... to come. (From Santa Claus rallies to evergreen loans, Wall Street can
    be a veritable winter wonderland for investors. Find out ...

  • 6 Tips For Last-Minute Christmas Budgeting - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1109/6-Tips-For-Last-Minute-Christmas-Budgeting.aspx
    ... gifts. Oops! (From Santa Claus rallies to evergreen loans, Wall Street
    can be a veritable winter wonderland for investors. Find ...

  • Ten Ways To Save Energy And Money

    http://www.investopedia.com/articles/pf/08/save-energy.asp
    ... Evergreen trees planted on the north side of your home will help to shield the house
    from cold winds in every season. ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Talk Is Cheap: Campaign Promises And The Economy

    http://www.investopedia.com/articles/economics/09/campaign-promises-president.asp
    ... and an institutional investment consultant with various firms including: Bank of
    NY Mellon, Evergreen Investments, Mercer ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • What Makes Investors Tick?

    http://www.investopedia.com/articles/basics/09/individual-investor-style.asp
    ... and an institutional investment consultant with various firms including: Bank of
    NY Mellon, Evergreen Investments, Mercer ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Understanding Leveraged Buyouts

    http://www.investopedia.com/articles/financial-theory/08/leveraged-buyouts.asp
    ... and an institutional investment consultant with various firms including: Bank of
    NY Mellon, Evergreen Investments, Mercer ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Listen To The Market, Not Its Pundits

    http://www.investopedia.com/articles/stocks/09/pundits.asp
    ... and an institutional investment consultant with various firms including: Bank of
    NY Mellon, Evergreen Investments, Mercer ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Personal Finance Frequently Asked Questions | Investopedia

    http://www.investopedia.com/ask/pf/
    ... How does the money from the interest on my bond get to me? View Answer; What is
    evergreen funding? ... View Answer; How do you use a back-to-back loan? View Answer; ...

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$10K MMA 0.50% 0.51%
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1 Year Jumbo CD 0.66% 0.67%
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$30K HELOC 4.59% 4.60%
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$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
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5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
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60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
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60 Month New Car Loan 3.35% 3.34%
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