OTHER TERMS BEGINNING WITH "U"

• Unbilled A/R

  Unbilled A/R is an Asset account on the balance sheet that represents amounts recognized as revenue for which invoices have not yet been sent. This can occur when you invoice in arrears or have any delay in billing relative to…

• Undercapitalization

  Undercapitalization occurs when a business does not have the proper working capital to run their normal business operations and pay creditors. When a company is not maintaining the proper amount of cash flow to operate their business and loss the…

• Uniform Commercial Code (UCC) Filing

  A Uniform Commercial Code (UCC) Filing is a legal public notice that the creditor's files (i.e., banks, ABL’s and factoring companies) to disclose that it has an interest in the assets of a debtor. A UCC-1 financing statement (an abbreviation…

• Unsecured Line of Credit

  An unsecured line of credit is a type of revolving credit facility that does not require collateral from the borrower. It provides individuals or businesses with access to funds up to a predetermined credit limit, allowing them to borrow funds…

• Unsecured Loan

  An unsecured loan is a type of loan that doesn't require the borrower to provide collateral. This means the lender does not have a claim on any specific asset of the borrower if the borrower fails to repay the loan.…

• Upfront Fees

  Legitimate finance companies and intermediaries will not ask for an upfront fee. A due diligence fee on the execution of the funding proposal from a reputable finance source (not a broker or intermediary) is customary to cover some of the…

• US Govt Departments

  See A-Z Index of U.S. Government Departments and Agencies.

• US Small Business Administration (SBA)

  The US Small Business Administration (SBA) was created by the US government to provide small businesses with loans, loan guarantees, contracts, counseling sessions and other forms of small business assistance. The SBA also gives small businesses the opportunity to bid…