Products
Products terms. Defined.
The funding products themselves, term loans, revenue-based funding, lines of credit, equipment financing, and SBA.
All entries
Every products term.
15 terms
Products
BCA (Business Cash Advance)
a.k.a. business cash advance
A BCA is a purchase of future receivables, the funder advances cash and collects a fixed percentage of daily card or bank deposits until repaid.
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Bridge Capital
Bridge capital is short-term funding designed to cover an immediate cash need until longer-term financing or a revenue event closes.
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Bridge Loan
A bridge loan is short-term financing that covers a funding gap until longer-term capital or an expected cash event arrives.
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Business Cash Advance
a.k.a. BCA, MCA, Merchant Cash Advance
A business cash advance is a lump sum of capital exchanged for a portion of future sales, repaid through daily or weekly deductions.
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Equipment Financing
Equipment financing is a loan or lease used to purchase business equipment where the equipment itself serves as collateral.
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Invoice Factoring
Invoice factoring is the sale of unpaid invoices to a third-party (the factor) at a discount, the factor collects directly from your customer.
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Invoice Financing
Invoice financing is a short-term loan using unpaid customer invoices as collateral, you retain the invoices and collect them yourself.
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Line of Credit
A business line of credit is a revolving credit facility you can draw from as needed, repay, and draw again up to an approved limit.
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Principal
a.k.a. loan principal, outstanding balance, outstanding principal
The principal is the original amount borrowed, separate from interest, fees, or any factor-rate cost layered on top.
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Revenue-Based Funding
a.k.a. revenue funding, revenue-based financing, RBF
Revenue-based funding is a working capital product priced on monthly business revenue rather than credit score, repaid through fixed daily or weekly ACH.
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Revolving Credit
Revolving credit is a line of credit you can draw, repay, and redraw up to a set limit, interest accrues only on the outstanding balance.
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SBA 504 Loan
An SBA 504 loan is a long-term fixed-rate loan for major fixed-asset purchases, typically real estate or heavy equipment.
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SBA 7(a) Loan
a.k.a. SBA 7a
An SBA 7(a) loan is a partially government-guaranteed bank loan for small businesses, used for working capital, acquisitions, and general expansion.
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Term Loan
A term loan is a fixed-amount business loan repaid over a set period with scheduled monthly principal and interest payments.
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Vendor Financing
a.k.a. trade credit, supplier financing, net terms, net-30
Vendor financing is credit extended directly by a supplier to a business customer, allowing purchase of goods or services on deferred payment terms.
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