Finite Math Chp 6

A loan that is backed by collateral.

• Line of Credit

• Operating Cost

• Secured Loan

• Unsecured Loan

A loan that finances a new or ongoing business.

• Secured Loan

• Unsecured Loan

• Commercial Loan

• Commercial Debt Financing

The ongoing expenses for operating a buisness.

• Operating Cost

• Commercial Loan

• Small Business Administration

• LowDoc Program

Borrowing money from a bank or other financial institution to fund a business.

• Small Business Investment Companies (SBICs)

• Commercial Debt Financing

• Business Credit Card

• Private Investors

A loan that does not requires collateral from the borrower.

• Secured Loan

• LowDoc Program

• Unsecured Loan

• Venture Capital Firms

Borrowing money from family or friends

• Private Investors

• Commercial Finance Companies

• Small Business Administration (SBA)

• Private Financing

A company that provides private funding for small businesses that need a substantial amount of immediate cash.

• Commercial Finance Companies

• Venture Capital FIrms

• Small Business Administration (SBA)

• Private Investors

A firm that lends money only to businesses. They insist that all loans be secured with collateral.

• Secured Loans

• Operating Costs

• Commercial Finance Companies

• Unsecured Loans

A person outside an entrepreneur's circle of friends and relatives who provides funding because he or she is interested in helping a new business to succeed.

• Private Financing

• Reserve Fund

• Venture Capital Firms

• Private Investors

An independent agency of the federal government that offers assistance to people who are starting small businesses and to those who want to expand existing businesses.

• Commercial Debt Financing

• Venture Capital Firms

• Small Business Administration (SBA)

• Commercial Loan