Across
- 6. "Bad Boy" provisions that trigger personal liability.
- 7. The process of paying off debt over a set period.
- 9. A loan where the lender's only recovery is the collateral property.
- 12. A document where a tenant verifies their lease terms for a lender.
- 16. Physical goods held for sale by a business, often used as C&I collateral.
- 17. Loan amount divided by property value (Abbr.).
- 18. The amount added to a base index rate to determine the interest rate.
- 20. Investment property where borrower doesn’t occupy space.
- 22. A line of credit that can be drawn, repaid, and reused.
- 23. A judgment for the remaining balance if a foreclosure sale falls short.
- 25. The code for filing liens on business assets like equipment (Abbr.).
- 26. Short-term "gap" financing used until permanent funding is secured.
- 27. NOI divided by property value; used to estimate market value.
- 28. The formal risk assessment process before loan approval.
Down
- 1. An allowance for building out a tenant's space (Abbr. is TI).
- 2. A long-term physical property like land or heavy machinery.
- 3. A personal promise to repay a loan if the business fails.
- 4. A large final payment due at the end of the loan term.
- 5. Financial rules or ratios a borrower must maintain.
- 8. The percentage of total square footage currently leased.
- 10. A loan where the borrower is personally liable for the debt.
- 11. A legal claim on an asset or property.
- 13. Property used primarily for the owner's own business (Abbr.).
- 14. Current assets minus current liabilities; used for operations.
- 15. The specific date when a loan must be paid in full.
- 19. Net operating income divided by debt service (Abbr.).
- 21. Total property income minus operating expenses (Abbr.).
- 22. A detailed list of all tenants, their square footage, and monthly payments.
- 24. Money owed to a business by its customers (Abbr. for Accounts Receivable).