Glossary

FundKite Glossary of Business Finance Terms.

Loans

Banks, credit unions, SBA and government institutions are the most commonly thought of loan providers. Commercial loans often involve a lengthier application process, heavy credit score checks, government mandated strict requirements of business qualifications, some form of collateral and high interest rates. Many businesses prefer long term loans, but do not meet the requirements nor have the time to wait for funds.

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Disclosures

1. Our products are purchases of account receivables and are not business loans.

2. FundKite can approve you in as little as 2 business hours for up to $2,000,000 when we are able to obtain your business data and verify your bank account.

3. Once final approval is made funds will be available in your account within 24 hours.

The information provided through FundKite does not constitute legal, tax, financial or accounting advice, and should not be considered a substitute for obtaining competent personalized advice from a licensed professional. You should seek professional advice before making any decision that could affect the financial health of your business.