loan - BusinessDictionary.com - Online Business Dictionary

"When starting a company, consider an SBA-guaranteed loan. Under this program, the U.S. Small Business Administration (SBA) guarantees a portion of a loan, often up to 85 percent, and enables a small business owner to qualify for attractive interest rates and financing options. For more information, go to www.sba.gov. Also research local small business loan programs. These programs may include loans with...

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Related topics : small business loan sba / business loan credit card / business plan sba loan / commercial business loan interest rate / sba business loan definition

What is a mortgage? definition and meaning ...

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A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan . The lender's security interest is recorded in the register of title documents to make it public information , and is voided when the loan is repaid in full.

Virtually any legally owned property can be mortgaged, although real property (land and buildings) are the most common . When personal property (appliances, cars, jewelry, etc.) is mortgaged, it is called a chattel mortgage . In case of...

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Related topics : mortgage loan rate of interest / secured loan car title / used car loan interest rate / car interest rate loan / loan for business without security

What is consumer loan? definition and meaning ...

You should be careful any time you are giving out any consumer loan or it may just end up being a sunk cost.

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