Merchant Bank – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Merchant Bank?How Does a Merchant Bank Work?How Merchant Banks Facilitate TradeMerchant Banks vs. Investment Banks What is a Merchant Bank?A merchant bank is a bank that offers commercial services in the banking and investment...

Export Credit Agency – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is an Export Credit Agency?How Does an Export Credit Agency Work?ECA Financing by the NumbersECA Offerings and ImpactReal World Examples of Credit Export Agencies What is an Export Credit Agency?Firms that deal with exports of goods to...

Federal Discount Rate – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is the Federal Discount Rate?How is the Federal Discount Rate Used?How Does the Federal Discount Rate Work?Federal Reserve Monetary Tools What is the Federal Discount Rate?The federal discount rate refers to the interest rate set by the...

Combination Loan – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Combination Loan?How Does a Combination Loan Work?Pros and Cons of a Combination Loan What is a Combination Loan?A combination loan comprises two different mortgage loans from the same lender, to the same borrower. A combination loan...

Purchase Money Mortgage – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Purchase-Money Mortgage?How Does a Purchase-Money Mortgage Work?Types of Purchase-Money MortgagesPurchase-Money Mortgage Benefits for BuyersPurchase-Money Mortgage Benefits for Sellers What is a Purchase-Money Mortgage?A...

Interbank Rate – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is the Interbank Rate?How Does the Interbank Rate Work?Interbank Rate in Foreign Exchange What is the Interbank Rate?Banks or financial institutions borrow money from other banks to finance certain operations and ensure high liquidity to...