Back to Encyclopedia

Startup Financing

401(k)

Definition: A retirement plan for employees that allows them to put part oftheir pre-tax salary in an account. The funds may not be withdrawnuntil employees retire without paying a penalty.
Read More

7(a) Loan Guaranty Program

Definition: The most basic and most popular of the SBA's loan programs. Its name comes from section 7(a) of the Small Business Act, which authorizes the agency to provide business loans to American small businesses.
Read More

Compound Interest

Definition: Interest computed on the sum of the principle and the accrued interest
Read More

Equipment Leasing

Definition: Obtaining the use of machinery, vehicles or other equipment on a rental basis. This avoids the need to invest capital in equipment. Ownership rests in the hands of the financial institution or leasing company, while the business has the actual use of it.
Read More

LowDoc

Definition: A special SBA 7(a) loan promising quick processing for amounts less than $150,000
Read More

Trade Credit

Definition: An arrangement to buy goods or services on account, that is, without making immediate cash payment
Read More

Short-Term Loans

Definition: A loan scheduled to be repaid in less than a year
Read More

Popular Articles

Public Speaking

How to Become a Paid Public Speaker, According to VaynerSpeakers CEO Zach Nadler

In our Entrepreneur Insider Video of the Week, the head of Gary Vaynerchuk's speaking bureau explains how to build your speaking business.
Sports

Ascending Brands Stance and Donovan Mitchell Combine Forces in Salt Lake City

How relationships create a winning collaboration between two of the NBA's best brands.
Growth Strategies

3 Common Mistakes That Can Wipe Out Your Online Course's Profits

Don't panic. We'll also show you how to fix them.

Can You Major In Marijuana?

Schools around the country are creating courses and degree programs to meet the growing need for experts in the marijuana industry.