Definition A line of credit is a financial arrangement that allows an individual or a business to borrow a specific amount of money from a lender up to a predefined limit. What is a line of credit? Unlike a traditional business loan where you receive a lump sum amount upfront, a line of credit provides […]
Defintion Amortization refers to the process of gradually reducing or paying off a debt, such as a loan or a mortgage, over a specific period of time through regular payments. What is amortization? These payments typically consist of both the principal amount borrowed and the interest that accrues on the outstanding balance. Amortization schedules outline […]
Definition The annual percentage rate (APR) is a standardised way of expressing the overall cost of borrowing, including both the interest rate and certain fees, as a single percentage. It’s designed to provide borrowers with a clearer understanding of the true cost of a loan or credit product. What is the annual percentage rate? The […]
Definition Bonds are debt securities issued by governments, municipalities, corporations, and other entities to raise capital. When an investor buys a bond, they are essentially lending money to the issuer in exchange for regular interest payments and the return of the principal amount at the bond’s maturity. What is a bond? Bonds are popular investments […]
Definition A finance broker is a professional who acts as an intermediary between individuals or businesses seeking financial products or services and financial institutions that provide those products or services. What is a broker? They help connect borrowers with lenders and assist in finding suitable financial solutions based on the borrower’s needs and financial situation. […]
Definition Cash flow refers to the movement of money into and out of a business or individual’s financial accounts over a specific period of time. It represents the net amount of cash generated or consumed by various financial activities, such as operating, investing, and financing activities. What is cash flow? There are three main components […]
Definition Collateral refers to assets or property that a borrower pledges to a lender as a security for a loan. What is collateral? This serves as a guarantee for the lender that if the borrower is unable to repay the loan, the lender can seise and sell the collateral to recover the borrowed amount. Collateral […]
Definition Cost of capital refers to the total cost a company incurs in order to raise funds for its operations and investments. It represents the overall expense of utilising various sources of financing, such as equity (stocks) and debt (loans or bonds), to support the company’s activities. What is cost of capital? The cost of […]
Definition Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. It is an accounting method used to recognise the gradual reduction in the value of an asset as it is used, consumed, or becomes obsolete over time. What is depreciation? In simpler terms, when a company purchases […]
Definition A dividend is a payment made by a company to its shareholders out of its earnings or profits. It represents a distribution of a portion of the company’s financial success to those who hold its shares. What are dividends? Dividends are typically paid in cash, although they can also be paid in the form […]
Definition Fundamental analysis is a method used to evaluate the intrinsic value of a financial asset, such as stocks, bonds, or currencies, by analysing the underlying factors that affect its value. What is a fundamental analysis? It involves studying the fundamental economic, financial, and qualitative factors that can influence the asset’s price over the long […]
Definition A going concern, in accounting and business terms, refers to a company’s ability to continue its operations and meet its financial obligations in the foreseeable future. What is a going concern? When a company is considered a “going concern,” it is assumed that it will continue its business activities without the intention of liquidation […]
Definition Inflation refers to the sustained increase in the general price level of goods and services within an economy over a specific period of time. What is inflation In simpler terms, it means that over time, the cost of goods and services tends to rise, causing the purchasing power of money to decrease. This rise […]
Disclaimer: Swoop Funding LLC (“Swoop”) is a financial technology platform and commercial finance broker, not a lender. Swoop does not provide loans or make credit decisions. We match US-based firms with third-party lenders, equity funds, and grant agencies. All financing is subject to lender credit approval and the specific terms and conditions of the funding provider.
Broker Compensation Disclosure: Swoop provides its platform and matching services to applicants at no direct cost. We receive compensation in the form of a commission or referral fee from the finance providers in our network upon successful placement. This compensation may vary by provider and product. In certain instances, the commission paid to Swoop may influence the interest rate or terms offered by the lender, which can affect the total amount payable under your agreement.
Credit Authorization & FCRA Notice: By submitting an application or registering an account, you provide “written instructions” to Swoop under the Fair Credit Reporting Act (FCRA) to obtain your personal and/or business credit profile from consumer reporting agencies. This information is used solely to evaluate your eligibility for financing and to match you with appropriate lenders in our network.
State-Specific Disclosures:
Florida & Utah: Swoop complies with state commercial financing disclosure laws regarding the transparency of terms for non-real estate secured commercial transactions.
Entity Information: Swoop Funding LLC is a Delaware limited liability company. US Headquarters: 43 W 23rd St, New York, NY 10010, United States. Contact: hello@swoopfunding.com
General Terms: Applicants must be 18 years of age or older. All firms must be registered and operating within the United States. SBA loans are issued by private lenders and guaranteed by the U.S. Small Business Administration; Swoop is not a government agency. Please review our Terms of Use and Privacy Policy for full details.
If you have a complaint, please refer to our Complaints Policy.
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