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Category: Business

    Apr 22

    Financial planning (business)

    Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives. Usually, a company creates a Financial Plan immediately after the vision and objectives have been set. The Financial Plan describes each of the activities, resources, equipment and materials that are needed to achieve these objectives, as well as the time frames involved. […]
    Apr 22

    Revolving Credit

    Definition of a Revolving Credit Revolving credit is a line of credit where the customer pays a commitment fee to a financial institution to borrow money and is then allowed to use the funds when needed. It usually is used for operating purposes and the amount drawn can fluctuate each month depending on the customer’s current cash flow needs. Revolving […]
    wire liquidation charges
    Apr 22

    Commitment Fee

    Definition of a Commitment Fee A commitment fee is a banking term used to describe a fee charged by a sblc providers to a borrower to compensate the lender for its commitment to lend. Commitment fees typically are associated with unused credit lines or un-disbursed loans. The lender is compensated for providing access to a potential loan through […]
    Apr 22

    Business Guarantee

    Definition of a Business Guarantee A business guarantee is a credit line agreement where charges to a corporate sblc providers are the sole responsibility of the business rather than the business owner or company. Understanding More About Business Guarantee A business guarantee agreement assigns access to credit line or loan to the business entity rather […]
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