Syndicated loans are used when a borrower wants to borrow more than its bank is prepared to lend. The bank will pull together a syndicate (pool) of other banks to... read more →
A lease is a contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the lessee, also known as the tenant, use... read more →
Factoring is primarily used by smaller businesses to cover short term expenditures and liabilities. This typically includes firms with unpaid invoices and late debtors. Factoring in Nigeria is provided by... read more →
Gross earnings are income before taxes or adjustments, it is calculated as revenues minus expenses. Bank's gross earnings is one measure among many of how well it uses its resources... read more →
Islamic finance encompasses a broad range of financial products that are structured in compliance with Islamic law (Shariah). There are, however, diverging views amongst scholars and Ulama on the type... read more →
A bank loan is a form of credit which is extended for a specified period of time, usually on fixed-interest terms related to the base rate of interest, with the... read more →
A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. There... read more →
