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Commercial Lending and Financial Products, Terms and Definitions: A Quick Guide to the terms of funding and business capital

by BRIAN OBODEZE

ASIN: B09Y896R5L

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Many entrepreneurs are unable to broach the topic of funding due to many reasons but also due to the fact that there are so much ambiguity and “Professional Accounting” terms that are perceived as bureaucratic, and may turn out to be unfavorable in the long run. Perhaps if the terms were a bit easier to understand and follow, the idea of commercial lending may appeal more to small and medium businesses, especially those with local backgrounds. This book seeks to bridge that gap, providing easy, comprehensible meaning to the most commonly used terminologies. Are you new to commercial lending? Do you have the intention to delve into the business of funding as a broker? Are you a beginner in the financial products field and need a quick guide to bring you up to speed on what-means-what in the financial lending field? The quick reference guide helps find the simplified meaning of terms or statements. This book is in fact, an easy A to Z guide on the terminologies of commercial lending. With this book, every person seeking funding can easily understand the terms used by commercial lenders, banks, and other financing institutions. Some of these terms include Medical financing, Equipment leasing, Commercial real estate, Hotel financing, Franchise financing, Multifamily, SBA lending, Soft money loans, hard money loans, and other major products.