Glossary

FundKite Glossary of Business Finance Terms.

Financial Statement

Financial statements are beneficial in risk management in that they show a comprehensive view of the financial activity of a company. In order to ensure accuracy and for tax, financing, or investing purposes they are often audited by an accounting or outside financial firm. Financial statements include: Balance sheet, Income statement, Cash flow statement.

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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.