Most popular loan/financing products that a consumer or SME would need would most likely be available here (or coming soon) except for
- -Equity/convertible/hybrid products which have a certain investment/escrow/insurance element to it.
- -Highly standardized products that do not require much comparison.
So, if you see product names on some lenders’ websites but not here, fret not. They could be marketing terms e.g revolving credit, readycredit, cashplus are all overdrafts. At times, it is a matter of simply which regions the lender is from, for example, in the UK, a secured loan is called a debenture, whereas in the US, a long-term loan even when unsecured, is called a debenture.
Sometimes lenders may advertise, for example, medical loans to catch the attention of those from the medical sector. If you look closer, it is often still the same basic products such as overdrafts, working capital loan, invoice financing etc. So, if you see terms such as Startup Loan, Hiring financing, Marketing financing and E-commerce Seller Financing, they do not necessarily mean a loan type.
Terms like project financing, supply chain financing, for example, is more of a range of loan products/schemes to serve a particular business need, rather than is a loan type itself. You can also check out our Glossary page to learn more about the various loan types.
At FindTheLoan.com, we do not want to be part of this nightmare of confusing product names. We use common industry terms, avoid jargon, regardless of what lenders might use on their websites. Simply reach all our Financing Partners with one simple process, compare the offers easily with all the information neatly arranged on your dashboard and Find The Loan you need.