Advance ratio: Difference between revisions
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imported>Doug Williamson (Added borrowing base to see also) |
imported>Doug Williamson (Update.) |
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The maximum percentage of the value of an asset or assets which a finance provider uses when deciding to make a loan or make available | The maximum percentage of the value of an asset or assets which a finance provider uses when deciding whether to make a loan or make credit available. | ||
Revision as of 21:50, 17 April 2016
The maximum percentage of the value of an asset or assets which a finance provider uses when deciding whether to make a loan or make credit available.