Business Finance Terms, Explained Simply.
Learn more about common financial terms here.
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Cash flow management is the active discipline of controlling the timing and volume of cash moving through the business, ensuring....
A cash flow forecast projects when cash will enter and leave the business over a future period, giving management a....
Cash conversion cycle measures how long it takes for a dollar invested in the business’s operations to return as collected....
Capital planning is the process of identifying, prioritising, and financing the significant investments a business needs to make in assets,....
These are three levels of accountant engagement for financial statements, each offering progressively more assurance to external users and required....
A credit facility is a formal borrowing arrangement between a business and a lender that sets the maximum amount available,....
A covenant breach occurs when a borrower fails to meet a condition in a loan agreement, giving the lender the....
A commercial mortgage is a loan secured against commercial real estate, such as an office, warehouse, retail, or industrial property,....
Cash flow lending is financing based on your business’s ability to generate enough cash flow to service debt, rather than....
The CSBFP is a federal government-backed loan program that helps small businesses access financing for equipment, leasehold improvements, and commercial....
A corporate reorganization is a restructuring of how a business is legally held or operated, changing the corporate structure, share....
A CCPC is a private corporation incorporated in Canada that is not controlled by non-residents or public corporations, and the....