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BUSINESS FINANCING GLOSSARY

Funding

The disbursement of approved loan proceeds into your account. With many products, funding follows acceptance by 24–48 hours.

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Related terms

Disbursement→The release of approved loan funds to the borrower. Also called funding — the moment money hits your account.Bridge Loan→Short-term financing that “bridges” a gap until a longer-term solution or expected cash arrives — e.g. funding a property purchase before a sale closes.Purchase Order (PO) Financing→Funding that pays your supplier to fulfill a confirmed customer order you couldn’t otherwise afford to produce. Repaid when the customer pays.

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