Payables fall into two categories: Accounts payable: (AP) is money owed by a business to …
processing
Loan processing generally includes all the steps from taking a loan application up to disbursal of funds. Steps …
projections
As part of the SBA business loan process, applicants need to submit projected income and …
qualifications
Qualifications for a business loan vary by product. What is generally considered is your personal …
receivables
Accounts receivable refers to the outstanding invoices a company has or the money the company …
revolving debt
Revolving debt is the kind of debt that credit cards offer and is usually an easy way to …
SBA
The Small Business Administration is a United States government agency that provides support to entrepreneurs …
speculation
Businesses should be independently owned and operated for profit. SBA loans cannot be made to …