If you are thinking of starting your own business or looking to expand an already existing one, then a small business administration loan could be just what you need. Seller’s Points: A lump sum payment made by the seller to the creditor of the buyer, so as to lower the cost of the loan to the buyer. These business administration websites may simply provide you with written data on the basics of management. Those who receive home improvement grants cannot sell their homes for at least three years and if they wish to do so the financial assistance given will be converted into a federal loan.
Secured Credit or Loan: A credit or loan for which a property has been pledged as collateral or security, so that the lender can claim this property in case of a default. Affinity Card: A type of credit card made available by the credit card issuer in association with another non-financial group or organization.
Business Card (Business Credit Card): Business credit cards or simply business cards are a type of credit card that is meant for business purposes. The credit worthiness of a borrower is inconsequential in case of such loans. Financial Aid: Financial aid usually takes the form of scholarships, loans, and grants, that are mainly given for pursuing higher education.
The agency sought to ameliorate the consequences of the Great sought to achieve this through the establishment of a loan program to support businesses adversely effected by the Great Depression. Moreover, business loans can also be taken to salvage or expand an existing business.
Junior business analysts are recruited in large numbers in today’s corporate world to improve the functioning and efficiency of organizations. This article is an attempt to make you familiar with the basic credit terms that are an integral part of the day-to-day financial transactions, so that some common mistakes can be avoided with the widespread use of credit cards.