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  2. Proof of funds - Wikipedia

    en.wikipedia.org/wiki/Proof_of_Funds

    A POF is commonly used when commencing a commercial transactions between parties who do not know each other. The purchaser's bank produces evidence in a standard format that their client is good for a transaction up to the value of xx, based on yy item etc. Usually, such letters have to be produced/verified/confirmed by a class A international bank, as local banks may not have the status ...

  3. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    A confirming bank is a bank other than the issuing bank that adds its confirmation to credit upon the issuing bank's authorization or request thus providing more security to the beneficiary. A complying presentation is a set of documents that meet with the requirements of the letter of credit and all of the rules relating to letters of credit.

  4. What documents are required to apply for an LLC loan? - AOL

    www.aol.com/finance/documents-required-apply-llc...

    Personal bank statements. Personal tax returns. Documents about your business. ... Common documents to include with a business loan request are your business plan, financial statements, tax ...

  5. Buyer's credit - Wikipedia

    en.wikipedia.org/wiki/Buyer's_credit

    In simple words it is the credit that is given by a bank to a foreign buyer where funds are paid directly to the buyer through a lending bank. The overseas banks usually lend the importer (buyer) based on the letter of comfort (a bank guarantee) issued by the importer's bank. For this service the importer's bank or buyer's credit consultant ...

  6. How many mortgage lenders should I apply to? - AOL

    www.aol.com/finance/many-mortgage-lenders-apply...

    Before you get quotes or apply for multiple loans, gather this paperwork, including pay stubs and W-2s. (Here’s a comprehensive list of documents needed for preapproval .)

  7. How to get a short-term business loan - AOL

    www.aol.com/finance/short-term-business-loan-5...

    Bankrate explains how to get a short-term business loan in 5 steps.

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