What is Small & Medium Enterprise (SME) Financing?
Small & Medium Enterprise (SME) Finance is the funding of small and medium-sized businesses and represents a major function of the general business finance market. ECapital has specific programs for MBE’s (Minority Business Enterprises), DBE’s (Disadvantaged Business Enterprises) & SME’s to meet their unique working capital needs. ECapital also has a robust Letter of Comfort or Financial Capability Certification Program for SME’s and MBE’s.
Audio Definition/Pronunciation
OTHER TERMS BEGINNING WITH "S"
- Small Business Financing
Whether you are a start-up or existing company, there exists a type of small business financing to fund your dreams and growth. SBA loans, Invoice Factoring, Purchase Order Financing, Equipment leases, floor plan, and vendor financing are just a few…
- Small Business Loan
A Small Business Loan is an all-encompassing term used to describe the many ways you can get funds to start or buy a business. Banks, factors, leasing companies, the seller of the company and FFF (Friends, Family & Fools) are…
- Special Assets Department
Special Assets Department or Bank Workout Group is the department within a lender that handles business loans and other types of funding that are in trouble. When a business has experienced multiple quarters of loses, perhaps missed loan payments or…
- Statement of Work
A Statement of Work (SOW) is a document, routinely employed in the field of project management, which defines project-specific activities, deliverables, and their respective timelines, all of which form a contractual obligation upon the vendor, in providing services to the…
- Subordination Agreement
A Subordination Agreement is when a creditor is placed in a lower priority for the collection of its debt from its debtor's assets than the priority the creditor previously had. In common parlance, the debt is said to be subordinated…
