Business Loan Glossary Cartersville GA

The following contains a glossary with terms and information you should know about a business loan . Read on if you are interested in obtaining a business loan in Cartersville and want to get started.

Local Companies

Bank of America
(770) 382-0636
102 E Main St
Cartersville, GA
Money-Til-Payday
(678) 721-1181
230 N Dixie Ave
Cartersville, GA
Cash Now Financial
(770) 387-0667
Cartersville, GA
Title Pawn Lenders Inc
(770) 684-9111
Cartersville, GA
Regions Bank
(770) 382-4171
200 W Main St
Cartersville, GA
Bank of America
(770) 382-0636
102 E Main St
Cartersville, GA
Bartow Loan Co
(770) 386-3268
108 W Main St
Cartersville, GA
Cash Store the
(770) 386-8626
780 West Ave
Cartersville, GA
Citifinancial
(770) 386-6692
937 Joe Frank Harris Pkw
Cartersville, GA
Title Max
(770) 382-2298
36 S Morningside Dr
Cartersville, GA

The following information was sourced from businesstown.com.

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.

Credit Scoring - The evaluation system used by lending institutions to determine relative credit riskiness of a business or consumer. When evaluating businesses, it generally considers factors such as credit payment history, new credit sought by owner of business, and financial strength and longevity of business.

CreditFYI - A web site for checking business credit reports.

Debt Financing - A loan with pre-agreed terms, including payback schedule and interest.

Dun & Bradstreet - Leading provider of business credit information.

Equifax - One of three leading providers of personal credit information.

Equipment Leases - Leases allowing companies to purchase new equipment.

Experian - One of three leading providers of personal and business credit information.

Fixed Interest Rate - An interest rate that is the same throughout the life of a loan.

Interest Rate - The amount charged by a lender for the money borrowed. It can be fixed or variable.

Inventory Financing - Money borrowed on the basis of finished inventory. The loan is paid as inventory is sold.

Line of Credit - An amount of money, which a business can borrow against at times it needs capital. Often accessed by check, ATM, or business card.

LiveCapital.com - A web site for small business loan offers from a variety of lenders instantly.

Lo

Featured Local Company

Blackwll Capital & Advisory

4047336058
3348 Peachtree Road, N.E.
Atlanta, GA
www.blackwellca.com

Blackwell Capital & Advisory is a boutique advisory & consulting firm based in Atlanta Georgia, that is industry-focused in the fields’ business advisory, private placement memorandum services, incorporations, tax, business Capital and transactional structures to help small to mid size business meet the challenges and opportunities of growing into profitable, viable companies.


Related Articles
Related Articles

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History