Working capital is the money that is used by a business for daily operations. It is calculated by subtracting the current liabilities from the current assets.

 

A financial transaction where money is lent to a business for commercial purposes which does not require collateral as security.

The borrower of a secured loan pledges collateral for a loan; thereby the creditor giving the loan secures the debt.

Any debt in the liability portion of a company’s balance sheet that is due within one year.

Documents that may be needed or actions that may need to take place prior to receiving funding. The documents and/or actions are usually mandatory and standard practice in the small business funding arena.

The default interest rate that most commercial banks charge customers that have good credit.

This type of credit is carried out by the customer paying a commitment and fee, and is then allowed to use the funds where needed. It is usually used for operating functions, so it varies each much depending on cash flow needs.

Not Sufficient Fund. 

The net cash flow of a business is determined by subtracting liabilities from the total capital.