A/R Finance & Factoring Terms GLossary
What isBusiness Line of Credit Requirements
The requirements for a business line of credit from a bank are stringent and include 2 years of tax returns, YTD financials, your personal financial statements, cash flow, and sales projections, and your professional experience. Alternatively, If you are a startup or have bruised personal credit, you can secure an invoice factoring facility based on your creditworthy open invoices or A/R aging in just a few days.
Audio Definition/Pronunciation
OTHER TERMS BEGINNING WITH "B"
- B2B, B2C & B2G Sales
- Bad Credit Business Loans
- Balance Sheet
- Balloon Loan
- Bankruptcy
- Bill & Hold
- Bill of Lading
- Blind Shipment
- Bookkeeping
- Bootstrapping
- Borrowing Base
- Break-Even Point
- Bridge Loans
- Burn Rate
- Business Acquisition
- Business Credit Protection
- Business Credit Report
- Business Credit Score
- Business Loan