by Rosantina Aranda | Dec 26, 2022 | Loan Education
A debt summary is a financial report that provides a detailed overview of a business’s debts and obligations. It typically includes information about the types of debts a business has, the terms of those debts, and the outstanding balances. A debt summary is an... by Rosantina Aranda | Dec 26, 2022 | Loan Education
A profit and loss (P&L) statement, also known as an income statement, is a financial report that shows a company’s revenues, expenses, and profits over a specific period of time, usually a month or a year. The P&L statement is one of the three main... by Rosantina Aranda | Dec 26, 2022 | Loan Education
A balance sheet is a financial statement that provides a snapshot of a business’s financial position at a specific point in time. It is one of the three main financial statements that businesses use to report their financial performance, along with the income... by Rosantina Aranda | Dec 19, 2022 | Loan Education
Debt service coverage ratio (DSCR) is a financial metric that is used to evaluate a company’s ability to pay off its debt obligations. This ratio is calculated by dividing the company’s net operating income (NOI) by its total debt service, which is the...