Secondary Public Offering

Secondary public offerings still fall under SEC guidelines and therefore, to avoid liability, should be conducted through a registered broker dealer or investment bank.

Small Business Credit Line

Small business credit line, also called an operating loan, provides a business with money to cover day-to-day expenses. As funds are used, the established credit line is reduced. Once approved, you can access your revolving line of credit by using your provided checks, which are welcome everywhere your business checks are presently accepted.

Takeover Financing

Funding provided to acquire control of a corporation by stock purchase.

Swing Loan

Swing loan financing is an effective vehicle to immediately capitalize on a purchase opportunity. It is a form of short-term financing which is expected to be paid back - generally within the range of 6 to 36 months - once the borrower obtains more permanent, lower cost financing.

Intangible Asset

Something of value that cannot be physically touched, such as a brand name, franchise, trademark, or patent

Intellectual Property

Any intangible asset that consists of knowledge or ideas.

Import and Export Financing

Import export finance programs are supported by the SBA and exist to aid the financing of small businesses engaged in importing and exporting of goods. These programs have helped many small businesses over the years obtain financing when other loan programs are otherwise not available on reasonable terms. The program encourages lenders to offer export working capital loans by guaranteeing repayment of up to $1 million or 90 percent of a loan amount, whichever is less.

Interest Rate

Interest per time, divided by principal amount, expressed as a percentage.

Mortgage Debt

A debt created by a mortgage and secured by the lien property.

Mortgage Lien

A legal claim against a mortgaged property that must be paid or assumed when the property is sold.

Mortgage Loan

A loan to finance the purchase of real estate, usually with specified payment periods and interest rates.

Open End Credit

An agreement by a lender to lend a specific amount to a borrower and to allow that amount to be borrowed again once it is repaid.

Office Equioment Financing

Office equipment financing with a lease just makes more sense than buying. Leasing gives you financial flexibility, helps address changing technology needs quickly, and may offer tax advantages as well.

Operating Lease

The lessor handles all maintenance and servicing for the property that is leased.

Municipal Equipment Leasing

State governments and agencies,County governments and agencies, City governments and agencies, Other public entities funded by state and local taxes.

Interim Financing

These loans range from 6 months to 5 years with the most typical term being 3 years.

Mortgage Note

An agreement that offers a mortgage as proof of the debt and defines the terms under which the mortgage is to be repaid.

Paid Capital

Capital the company received from investors in return for stock.

New Business Financing

New business financing has become more than just a task, but also an art and science. If you are like most businesses, it is a long, hard and tough road to go with never ending rejections. We know what it's like and have now made what was once complicated, very simple. Using our "Coach Ben" easy business credit qualifying system, you can now get that unsecured business equipment financing loan.