OTHER TERMS BEGINNING WITH "S"

• Schedule of Accounts

  An accounting schedule is a document that provides details or proof for the information stated in a primary document. In business, accounting schedules are needed to provide proof for the ending balances stated in the general ledger.

• Seasonality

  Characteristic over time in which the data experiences predictable changes that recur every calendar year. Seasonality explains the fluctuation in demand for products used during different seasons.

• Secured Overnight Financing Rate (SOFR )

  SOFR stands for Secured Overnight Financing Rate, which is a benchmark interest rate that is used to price a variety of financial products, including loans, bonds, and derivatives.

• 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…

• 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…

• Subordinated Term Loan

  A subordinated term loan or subordinated loan is debt that’s paid off after all principal loans are paid off, if there’s any capital left. It’s also known as subordinated debt, junior debt, or a junior security.

• 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…

• Suppressed Availability

  Suppressed availability is a term used in finance to describe a situation where the availability of credit or financing is restricted or limited due to external factors. These factors can include economic conditions, changes in government regulations or policies, or…