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Updated: March 27th, 2020
UCC, DSCR, APR — the finance world seems to be filled with confusing terms, acronyms, colloquialisms that can leave you feeling dazed and confused. It can be like trying to interpret another language!
So, how well do you know your loan lingo?
At Funding Circle, we believe every small business deserves to work with a lender who empowers you with the knowledge you need to make the best possible financing decisions for your business. That’s why we’ve created an interactive financial glossary for you that explains important and sometimes confusing terms you’ll likely encounter when you’re researching financing options.
Take the quiz, check your score, and familiarize yourself with the top 10 financial terms every loan seeker should know!
Paige Smith is a Content Marketing Writer and Senior Contributing Writer at Funding Circle. She has a bachelor's degree in English Literature from Cal Poly San Luis Obispo, and specializes in writing about the intersection of business, finance, and tech. Paige has written for a number of B2B industry leaders, including fintech companies, small business lenders, and business credit resource sites.