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Interlibrary loan. Picking up books requested through interlibrary loan. Interlibrary loan (abbreviated ILL, sometimes called document delivery, document supply, interlending, interlibrary services, interloan, or resource sharing) is a service that enables patrons of one library to borrow materials that are held by another library. [ 1]
Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. [ 1][ 2][ 3] A business will sometimes factor its receivable assets to meet its present and immediate cash needs. [ 4][ 5] Forfaiting is a factoring arrangement ...
Loan guarantee. A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults. A guarantee can be limited or unlimited, making the guarantor liable for only a portion or all of the debt.
Business loans can range from as little as $500 to over $5 million. The amount of money a business can borrow depends on a variety of factors, including lender, type of business loan, business ...
Wholesale funding is a method that banks use in addition to core demand deposits to finance operations, make loans, and manage risk. In the United States wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), U.S. Federal Home Loan Bank advances, the U.S. Federal Reserve's primary credit program, foreign deposits ...
Accounting. Borrowing base is an accounting metric used by financial institutions to estimate the available collateral on a borrower's assets in order to evaluate the size of the credit that may be extended. [ 1] Typically, the calculation of borrowing base is used for revolving loans, and the borrowing base determines the maximum credit line ...
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