February 14th, 2008 
arnx Accounts Receivable Financing – A loan gained by borrowing against receivables. Loans are paid down as receivables are collected.
Annual Fee – The amount charged by the lender each year to cover the administrative costs of the loan.
Business Credit Card – An amount of money, which a business can borrow against at times it needs capital. Using a card accesses the money.
Commercial Real Estate Loans – Similar to residential mortgages, but collateral is business property. Interest rates are usually fixed, the length of the loan can range from 5 – 20 years and payments due monthly.
Commercial Term Loans – Loans made to businesses that can be either secured and unsecured. Usually made to mid-size and large businesses.
Credit Rating – A predictor of the ability to pay back a loan. The credit rating is a result of credit scoring
Credit Report – Financial history supplied by a credit information company like Dun and Bradstreet, Equifax, Experian or TransUnion. Contains credit information on a business or an individual, including payment history of bank cards, store cards, mortgages, student loans, and trade payments. (more…)
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