Business Funding Glossary
Plain-English definitions for common business funding terms.
Starter Terms
- Working capital: money used for everyday business operating needs.
- Line of credit: flexible access to funds up to an approved limit.
- Term loan: lump-sum funding repaid over a set period.
- Equipment financing: funding tied to equipment, vehicles, tools, machinery, or technology.
- Accounts receivable financing: financing tied to outstanding invoices or receivables.
- Revenue-based financing: funding where repayment is often connected to business revenue activity.
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