by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is Asset-Based Lending?How Does Asset-Based Lending Work? What is Asset-Based Lending?Asset-based lending refers to an organizational borrowing backed up by a collateral security or asset. Asset-based loan is also known as line of credit...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is Subprime?How Does Subprime Work?Subprime Mortgages and the Global Financial Crisis What is Subprime?Subprime refers to a category of borrowers with poor credit rating or bad credit history. Lenders who offer subprime loans call this...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is Without Recourse?Without Recourse Financing Sales Without RecourseWithout Recourse in the Banking IndustryWithout Recourse in Secondary Market for Loans What is Without Recourse?Without recourse doesn’t have one single meaning....
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is a Bank Stress Test?How Does a Bank Stress Test Work?Impact of Stress Tests What is a Bank Stress Test?A bank stress test is an analysis conducted using weak and unfavorable economic situations to predict how banks are likely to perform...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is a Bank Rate?How Does a Bank Rate Work?Discount Rate Versus Overnight RateHow the Bank Rate Affects Consumer Interest Rates What is a Bank Rate?A bank rate refers to the interest rate that the central bank charges commercial and...
by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry
Update Table of Contents What is a Bank Wire?How Does a Bank Wire Transfer Work?Bank Wire and Security What is a Bank Wire?A bank wire refers to a direct and electronic transfer of messages, account information and notifications from one bank account to another. It is...
