INSOLVENCY Definition

INSOLVENCY occurs when a business is unable to pay debts as they fall due.

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INVENTORY LOAN is a loan that is extended based upon the, usually, discounted / factored value of a business inventory.

LINKED ACCOUNT gives you the flexibility of opening minor or custom account(s) that are linked to your primary account. Transactions between linked accounts are usually controlled through the password of the primary account. Linked accounts are possible through either commercial or consumer accounts, e.g. a consumer may have his/her checking, savings and over-draft protection accounts linked so that transactions can be easily made between them.

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