Credit Analyst Description
What is a Credit Analyst Description? Individuals seeking to join the credit industry look at a credit analyst description to find out if they are qualified for the job. A credit analyst is a credit professional specialized in financial risk analysis. Credit analysts are employed in commercial banks, credit card companies, and investment banks. The main...
Debt
What is Debt? Debt is the money borrowed by one party from another to serve a financial need that otherwise cannot be met outright. Many organizations use debt to procure goods and services that they can’t manage to pay for with cash. Under a debt agreement, the borrower obtains authorization to get whatever amount of...
Syndicated Loan
What is a Syndicated Loan? A syndicated loan is offered by a group of lenders who work together to provide credit to a large borrower. The borrower can be a corporation, an individual project, or a government. Each lender in the syndicate contributes part of the loan amount, and they all share in the lending...
Cross Guarantee
What is a Cross Guarantee? A cross guarantee refers to an arrangement between two or more related companies to provide a guarantee to each other’s obligations. Such a guarantee is commonly made among companies trading under the same group or between a parent company and its subsidiaries. A cross guarantee protects the company that incurred...
Peer-to-Peer Lending
What is Peer-to-Peer (P2P) Lending? Peer-to-peer lending is a form of direct lending of money to individuals or businesses without an official financial institution participating as an intermediary in the deal. P2P lending is generally done through online platforms that match lenders with the potential borrowers. P2P lending offers both secured and unsecured loans. However,...
