The debt-service coverage ratio (DSCR) is a financial ratio that measures a company’s ability to […]
Personal Guarantee
A personal guarantee is a legally binding commitment made by an individual to personally assume […]
Financial Statements
Financial statements are a set of reports that provide information about a company’s financial performance, […]
Debt Consolidation
Debt consolidation is a financial strategy that involves combining multiple debts into a single, more […]
Gross Profit
Gross profit is a company’s total revenue minus the cost of goods sold (COGS), and […]
Statement of Cash Flow
A statement of cash flows is a financial statement that presents the sources and uses […]
Credit Limit
A credit limit is the maximum amount of credit that a financial institution, such as […]
Asset
An asset is a resource that is owned by a company and is expected to […]
Accounts Receivable
Accounts receivable is an asset account that represents the amount of money that a company […]