When you're working on a loan transaction, you'll probably come across two documents: a term sheet and a commitment letter. People often mix these up or assume they're the same, but they're not. Each one plays a different role at a different
When you're raising money for your business, picking the right tools to communicate with investors matters. A financing memo is a detailed written document that lays out your business strategy and financials in narrative form, while a pitch deck is a visual presentation that hits the highlights in
When you're looking for financing for your business or investment property, you might talk to a loan broker or a capital advisor firm. These two sound similar, but their approaches to getting you funding are pretty different. A loan broker matches your loan request to lenders in their
When your business needs capital, you’ve got two main options: debt placement or lender matching. Debt placement means working with an advisor or investment bank to directly arrange financing with institutional lenders. Lender matching connects you to potential lenders through databases or platforms, but you’re left to negotiate
When you’re looking to finance a big project or grow your business, knowing the difference between project finance and corporate finance can really save you time—and probably some money too. Project finance funds specific long-term projects through a separate legal structure. Lenders rely on the project’s
When you need to unlock cash tied up in future payments, two powerful financing tools stand out: LC discounting and receivables finance. Both help businesses access working capital quickly, but they work in different ways and serve different situations. LC discounting converts your letter of credit receivables into immediate cash
A lot of business owners get tripped up by the difference between purchase order finance and trade finance. Purchase order financing is actually a specific form of trade finance focused on funding individual customer orders. Trade finance, on the other hand, covers a much broader range of financial tools for
Many businesses hit cash flow snags while waiting for customers to settle invoices. Two common ways to turn those unpaid invoices into cash are receivables financing and factoring. People often mix up these terms, but they work differently and fit different business needs. Receivables financing lets you borrow money against
When you need money to grow your business, you’ll probably run into two main types of loans: asset-based lending and cash flow lending. These options work in pretty different ways. One looks at what your business owns. The other focuses on how much money your business brings in.
When you need financing, choosing between a bridge loan and a term loan can have a big impact on your business or real estate deal. These two types of loans serve different purposes and work in different ways. Understanding which one fits your situation can save you money and help
When you're picking debt financing for a business acquisition or a growth push, you’ll probably weigh unitranche debt against traditional senior debt. Unitranche debt blends senior and subordinated loans into a single loan with one interest rate. Senior debt, on the other hand, sits at the top
When you need more money than a bank will lend for a real estate project, you’ve got two main options to fill the gap: mezzanine debt and preferred equity. Both sit in the middle of the capital stack, between senior debt and common equity. They let developers increase their