A credit facility is a flexible loan arrangement that allows businesses to borrow money over an extended period.
The probability of a financial loss resulting from a borrower's failure to repay a loan.
A strategy to manage and simplify your debts by combining multiple debts into one.
A humorous yet insightful look into the world of loan committees and their workings.
Understanding Loan Grading: The Classy Way to Assess Borrower Credibility
A Loan Note is an extended form of a generic I Owe You that defines the legal obligations of the lender and borrower, including terms of repayment.
What Is a Loan Production Office and How Does It Work?
The Collaborative Dance of Lenders: Understanding Loan Syndication
An upfront fee charged by a lender to process a new loan application.
An agreement restricting a company from taking certain actions.
A financial term describing the fee incurred for paying off a loan early.
A humorous take on a written promise to pay what's owed.
Understanding the Waiver of Exemption in consumer credit.
