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  2. Retail floorplan - Wikipedia

    en.wikipedia.org/wiki/Retail_floorplan

    Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. [1] Floor planning is commonly used in new and used car dealerships. [2]

  3. Inventory revolving line of credit - Wikipedia

    en.wikipedia.org/wiki/Inventory_revolving_line...

    An inventory revolving line of credit is a form of an asset based loan that is specifically collateralized by inventory held for sale. [ 1 ] [ 2 ] Rather than amortizing the principal amount over time, revolving lines of credit (revolvers) solely accrue interest on the outstanding balance and is charged in arrears. [ 3 ]

  4. Trade finance - Wikipedia

    en.wikipedia.org/wiki/Trade_finance

    Banks and financial institutions offer the following products and services in their trade finance branches. Letter of credit: It is an undertaking/promise given by a Bank/Financial Institution on behalf of the Buyer/Importer to the Seller/Exporter, that, if the Seller/Exporter presents the complying documents to the Buyer's designated Bank/Financial Institution as specified by the Buyer ...

  5. How can you use a short-term business loan? - AOL

    www.aol.com/finance/short-term-business-loan...

    Key takeaways. Short-term business loan terms are typically 24 months or less. Short-term business loans can be used for emergencies, including equipment replacement, buying inventory or seasonal ...

  6. What is an equipment loan and how does it work? - AOL

    www.aol.com/finance/equipment-loan-does...

    Equipment financing usually comes with a fixed interest rate and a requirement that you make periodic payments to repay the loan. Usually, the loan term falls somewhere between three and 10 years.

  7. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    For commercial banks and large finance companies, "loan agreements" are usually not categorized although "loan portfolios" are often broadly characterized into "personal" and "commercial" loans while the "commercial" category is then subdivided into "industrial" and "commercial real estate" loans.

  8. Owner financing: What it is and how it works - AOL

    www.aol.com/finance/owner-financing-works...

    Example of owner financing Say a buyer is interested in a home priced at $380,000 and plans to put down $38,000, or 10 percent. Due to credit or financial circumstances, the buyer can only qualify ...

  9. Financial transaction - Wikipedia

    en.wikipedia.org/wiki/Financial_transaction

    Financial transaction involving money and agricultural goods at a farmers' market. A financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment. Any transaction involves a change in the status of the finances of two or more businesses or individuals. [1]

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