Our glossary helps you understand loan language like a pro. Bookmark this!
          
          
         
        
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                How to compare loans and understand your dashboard
              
            
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                Enterprise Financing Scheme
              
            
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                Working Capital Loan
              
            
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                Account Receivables & Account Payables
              
            
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                Alternative Finance
              
            
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                Amortization
              
            
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                Balance Transfer
              
            
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                Bridging/Interim Loan
              
            
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                Board rate
              
            
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                Business Loan
              
            
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                COE Loan
              
            
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                Construction Loans
              
            
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                Crowdfunding
              
            
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                Daily, weekly, monthly, and yearly interest rates
              
            
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                Debt Consolidation
              
            
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                Debt Servicing Ratio(DSR)
              
            
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                Early Repayment Fees/Early Redemption Charges
              
            
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                Effective Interest Rate
              
            
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                Embedded Lending
              
            
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                Floating Vs Fixed rate
              
            
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                Foreign legal opinion
              
            
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                Green/Sustainable Loan
              
            
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                Hire Purchase, Office Equipments and Vehicle Loan
              
            
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                Invoice financing, Purchase Order financing, Contract financing, Project financing
              
            
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                Disclosed or Notified invoice financing and virtual account
              
            
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                Land/Floor Area vs Build-in/Useable Area
              
            
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                Machine Scoring
              
            
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                Merchant Cash Advance/Finance
              
            
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                Overdraft, revolving credit, credit line
              
            
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                Personal Loan
              
            
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                Processing Fee, Commitment Fee etc
              
            
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                Program Lending vs Discretionary Lending
              
            
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                Property Gear Up/2nd Charge Loan/Lien/Caveat Loan/2nd Mortgage
              
            
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                Property Sales Proceed Advancement Loan
              
            
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                Property Decoupling Loan
              
            
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                Property/Land Loan
              
            
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                Reducing Interest vs Flat
              
            
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                Refinancing
              
            
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                Renovation Loan
              
            
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                Repayment terms
              
            
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                Revenue-based Financing
              
            
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                Stock Loan/Share Financing/Share Loan/Securities loan
              
            
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                Secured/Unsecured/Debenture Loans
              
            
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                Simplified underwriting
              
            
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                Supply chain financing/Reverse factoring
              
            
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                Term Loan
              
            
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                Tenure/Term/Period
              
            
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                Venture Debt/Venture Lending