ESTABLISHMENT
A single-location business unit, which may be independent - called a single- establishment enterprise - or owned by
a parent enterprise.
FINANCIAL
REPORTS
Reports commonly required from applicants request for financial assistance, e.g.:
Balance Sheet - A report of the status of a firm's assets, liabilities and owner's equity at a given time.
Income Statement - A report of revenue and expense which shows the results of business operations or net income for
a specified period of time.
Cash
Flow A
report which analyzes the actual or projected source and disposition of cash during a past or future accounting
period.
FINANCING
New funds provided to a business, by either loans, purchase of debt securities, or capital
stock.
FLOW
CHART
A graphical representation for the definition, analysis, or solution of a problem, in which symbols are used to
represent operations, data, flow, equipment, etc.
FORECLOSURE
The act by the mortgagee or trustee upon default in the payment of interest or principal of a mortgage of enforcing
payment of the debt by selling the underlying security.
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