What does principal mean on a loan?
A loan principal is the amount of money that is borrowed. For example, when a bank approves and loans a person or business $100,000, that $100,000 is the loan principal.
What Is a Delinquent Loan? What Happens When a Loan Becomes Delinquent?
A delinquent loan is when a borrower is late on payments on returning borrowed money. When a loan repayment is late, the loan becomes delinquent.
What is a micropreneur mean?
Some popular types of micropreneurs include Airbnb hosts, bloggers, life coaches, tutors, and photographers.
What Does Dba Stand For in business & When to file a DBA
The acronym DBA stands for “doing business as.” A DBA is a name a business operate under, but not an entity.
Bank Loan Requirements for Business. Documents Commonly Required for Business Loans
This article will explore what an average bank expects from a small business loan applicant. The information provided will help a small business owner determine whether a bank loan is the correct financing option for his or her business.
Assets that Can Secure a Loan
What assets can be used for a secured loan? The assets that can secure a loan includes: home, property, stocks, bonds, vehicles, CD account, fine art, gold, etc.
How to File a DBA in California
All person and business entity must file a fictitious business name (FBN) statement with the Registrar-Recorder/County Clerk's office in the city where the business will be located.
Checklist for How to Start an RV Park
Depending on the area, the estimated cost per RV site is $10,000 to $20,000. A RV park can fit up to ten sites per acre.
Checklist for How to Start your Taxi Business
The following steps are helpful for any entrepreneur considering starting their own taxi business.
9 Steps on How to Start an Online Thrift Store Business
This article will review the details of each step, thereby helping the aspiring thrift store owner get started. By following each of these steps, an entrepreneur can look forward to finding business success with their online thrift company.