Let's Talk Money
Across
- 4. (SBICs) Privately owned banks, regulated by the SBA, that provide long-term loans and/or equity capital to small businesses
- 6. A very large payment required about halfway through the term over which payments were calculated, repaying the loan balance in full
- 13. Financing from outside lenders and investors
- 15. Inventory, equipment, and buildings a ______ assets because they can be seen and touched
- 17. (SBIR) program. An SBA program that helps to finance companies that plan to transform laboratory research into marketable products
- 18. Private individuals who invest in other's entrepreneurial ventures
- 19. 1/100th of 1 percent when quoting an interest rate
- 20. Another way to say a return on the owners' investment is return on _____
- 21. Obtaining cash by selling accounts receivable to another firm
- 23. Individuals who form limited partnerships for the purpose of raising venture capital from large institutional investors
- 25. The sale of a firm's capital stock to select individuals
- 26. A line of credit secured by working capital assets
- 27. The interest rate charged by commercial banks on loans to their most creditworthy customers. Another word for base rate
Down
- 1. Obtaining cash from a lender who, for a fee, advances the amount of the borrower's cost of goods sold for a specific customer order
- 2. An installment loan from a seller of machinery used by a business
- 3. A lender that uses funds from federal, state, and private sources to provide funding to small businesses in low-income communities
- 5. Bank-imposed restrictions on a borrower that enhance the chance of timely repayment
- 7. Money loaned for 5- to 10-year term
- 8. The cost of a firm's assets appear on the
- 9. The process of raising very small investments from a large number of investors via the Internet
- 10. An SBA loan program that provides short-term loans of up to $50,000 to small businesses and not-for-profit child-care centers
- 11. An informal agreement between a borrower and a bank as to the maximum funds the bank will provide at any one time
- 12. (IPO) The issuance of stock to be traded in public financial markets
- 14. Funds provided by wealthy private individuals to high-risk ventures
- 16. A long-term loan with real property held as collateral
- 22. A loan for which items of inventory or other movable property serve as collateral
- 24. Acronym for London InterBank Offered Rate. the interest rate charged by London banks on loans to other London banks