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Form W-9 - Why Are You Asked to Complete a W9 Form?
Bank & Financial

Form W-9 – Why Are You Asked to Complete a W9 Form?

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Form W-9 provides your US tax ID, known as TIN: Taxpayer. Identification Number, to the person, who may include a financial institution. Who needs to report certain information concerning you, …

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Understanding Credit VS. Investigative Reports - Your Role
Bank & Financial

Understanding Credit VS. Investigative Reports – Your Role

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Credit VS. Investigative Reports Credit VS. Investigative Reports. Consumer credit reports are more popular than investigative consumer reports. This may be because you are more likely to have your credit …

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Bond - How Bonds Work And Bonds Characteristics
Bank & Financial

Bond – How Bonds Work And Bonds Characteristics

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Bond  A bond is a fixed income instrument, or simply put, an agreement between an investor and the company, government, or government agency that issues the bond. Unlike stocks, an …

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Loan Commitment Definition - WHAT YOU SHOULD KNOW
Bank & Financial

Loan Commitment Definition – WHAT YOU SHOULD KNOW

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Loan Commitment Definition A loan commitment is an agreement or promise from a lender (banks or financial institution) over a loan to an individual or business. A loan commitment is …

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Bank Guarantee vs. Letter of Credit: what’s the Difference?
Bank & Financial

Bank Guarantee vs. Letter of Credit: what’s the Difference?

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Bank Guarantee vs. Letter of Credit A bank guarantee and letter of credit is both a product for verification. However, no matter the state of the borrower’s finance, this document …

Bank Guarantee vs. Letter of Credit: what’s the Difference? Read More
Negative Pledge Clause - The key importance of a Negative Pledge Clause
Bank & Financial

Negative Pledge Clause – The key importance of a Negative Pledge Clause

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Negative Pledge Clause  A negative pledge Clause is a provision that prohibits the borrower from making a pledge over any asset specified in the provision. This is made to avoid …

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Periodic Interest Rate - TYPES AND WHAT YOU SHOULD KNOW
Bank & Financial

Periodic Interest Rate – TYPES AND WHAT YOU SHOULD KNOW

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Periodic Interest Rate  A periodic interest rate is a rate charged on a loan over a certain number of periods. Lenders often attach interest rates on an annual basis but …

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Financial Advisors - What Can a Financial Advisor Help You Do?
Bank & Financial

Financial Advisors – What Can a Financial Advisor Help You Do?

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A Financial Advisors can be described as someone who offers financial advice to their clients. They come in handy in determining an investment portfolio for a client, by taking into …

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Bank Confirmation Letter - How a Bank Confirmation Letter works
Bank & Financial

Bank Confirmation Letter – How a Bank Confirmation Letter works

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Bank Confirmation Letter  A bank confirmation letter is a letter issued by a bank or. Financial institution to confirm the existence of a loan or even the line of credit …

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Leveraged Loan
Bank & Financial

Leveraged Loan – WHAT YOU SHOULD KNOW ABOUT ITS INTEREST

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Leveraged Loan  A leveraged loan also referred to as gearing in the United Kingdom and Australia, is a type that is offered to individuals or companies with poor credit history …

Leveraged Loan – WHAT YOU SHOULD KNOW ABOUT ITS INTEREST Read More

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