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Your Location: Home - Business Loan Business Loan CenterUse: small business loan, business loan, government small business loan, startup business loan, unsecured business loan, business loan broker, business loan application online, business debt consolidation loanBusiness Loan Center recommend the industrial leading financial organizations that have been specifically designed for small businesses with debt capital requirements up to $3,000,000. We understand the needs of small business owners and are committed to making the financing process as simple as possible. If you are looking for help in financing your business or trying to find out information about the ways on rental property or owner occupied real estate financing, just fill out the simple inquiry forms. Business Loan Terminology
FAIR MARKET VALUE PURCHASE OPTION - a provision of the lease or an agreement which is separate from the lease that allows the lessee to purchase the leased asset for it's true market value. This value is generally determined by an independent third party knowledgeable in such matters. This option is normally exercised at the end of the lease and provided the lessee has complied with their responsibilities under the lease. FINANCE LEASE - a type of lease which requires the lessee to remit payment of the rentals which total the cost of the asset plus the lessor's required profit. It is noncancellable, requires the lessee to pay all taxes and other assessments, requires the lessee to provide insurance, and to maintain the asset according to the manufacturer's guidelines. It is anticipated that the lessee will acquire title to the asset at the conclusion of the lease term. FULL PAYOUT LEASE - a lease in which the total periodic payments exceed the cost of the asset being leased. HELL OR HIGH WATER CLAUSE - an aspect of the lease agreement which requires the lessee to honor all conditions of the lease regardless of any of any other fact. LEASE - a document executed by the owner of the asset, the lessor, and the user of the asset, the lessee, which details the terms of the lessee's usage and payment. LESSEE - the user of the asset and party to the lease. LESSOR - the owner of the asset and party to the
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