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  2. Borrowing base - Wikipedia

    en.wikipedia.org/wiki/Borrowing_base

    Also excluded are the accounts receivable from bankrupt customers [8] and accounts receivable that are too old [9] – usually over 90 days past due [10] (in some cases over 120 days past due. [11]) Different proportions (or 'advance rates') of accounts receivable and of the inventory are included into borrowing base.

  3. Asset-based lending - Wikipedia

    en.wikipedia.org/wiki/Asset-based_lending

    Asset-based loans are also usually accompanied by lower interest rates, as in the event of a default the lender can recoup its investment by seizing and liquidating the assets tied to the loan. [2] Many financial services companies now use asset-based lending package of structured and leveraged financial services.

  4. What is a merchant cash advance? - AOL

    www.aol.com/finance/merchant-cash-advance...

    Merchant cash advance rates and fees. ... Merchant cash advance loans subtract these fees upfront. If the MCA charges $1,000 in fees for a $5,000 advance, your business will receive $4,000 in ...

  5. Payday loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Payday_loans_in_the_United...

    While designed to provide consumers with emergency liquidity, payday loans divert money away from consumer spending and towards paying interest rates. Some major banks offer payday loans with interest rates of 225 to 300 percent, while storefront and online payday lenders charge rates of 200 to 500 percent.

  6. 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.

  7. What is business collateral?

    www.aol.com/finance/business-collateral...

    Loan type. Description. Unsecured business loans. These loans don’t get secured by collateral. They may come with higher rates or shorter repayment terms and might even require a personal guarantee.