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…

• Stretch Financing (Stretch Loan)

  A stretch financing or sometimes called a stretch loan is a form of financing for a business that can be used to cover a temporary gap. The loan "stretches" over that gap, so the business can meet financial obligations until…

• 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…