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  2. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  3. Leveraged lease - Wikipedia

    en.wikipedia.org/wiki/Leveraged_lease

    Under the loan agreement, the lender has rights to the asset and the lease payments if the lessor defaults. In this type of lease, the lessor provides an equity portion (often 20% to 50%) of the equipment cost and lenders provide the balance on a nonrecourse debt basis. The lessor receives the tax benefits of ownership.

  4. Borrowing base - Wikipedia

    en.wikipedia.org/wiki/Borrowing_base

    Borrowing base is an accounting metric used by financial institutions to estimate the available collateral on a borrower's assets in order to evaluate the size of the credit that may be extended. [1] Typically, the calculation of borrowing base is used for revolving loans , and the borrowing base determines the maximum credit line available to ...

  5. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    The US Small Business Administration (SBA) does not make loans; instead it guarantees loans made by individual lenders. The main SBA loan programs are SBA 7(a) which includes both a standard and express option; Microloans (up to $50,000); 504 Loans which provide financing for fixed assets such as real estate or equipment; and Disaster loans.

  6. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    However, the list and form of documents is open to negotiation and might contain requirements to present documents issued by a neutral third-party evidencing the quality of the goods shipped, or their place of origin or place. Typical types of documents in such contracts might include: [3] Financial documents — bill of exchange, co-accepted draft

  7. How to deal with a neighbor that borrows and borrows - AOL

    www.aol.com/news/2008-10-14-how-to-deal-with-a...

    When your neighbor asks to borrow the ladder, request that he return it the next day, because you have plans to use it. Open-ended lending usually becomes just that. 2.

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