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Notes from First Financial Capital

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October 21, 2021

SBA Loan – Small Business Administration Loan

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October 15, 2021

Acronyms

Some definitions to make sure we're all on the same page.

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October 15, 2021

Interest Only Loan (IO)

An interest only loan is a loan repayment method where the borrower is only liable for paying the interest charges for a designated term period.

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October 15, 2021

Amortized Loan

The amortizing loan is the most common loan repayment method in the banking realm, where the borrower payments are allocated to both interest and the principal balance of the loan.

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October 15, 2021

Loan to Cost (LTC)

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October 14, 2021

Loan to Value (LTV)

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October 14, 2021

Special Purpose Property

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October 13, 2021

Right of First Refusal (ROFR)

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October 13, 2021

Market Value

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October 5, 2021

Letter of Intent (LOI)

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