CAIP Community Adjustment and Investment Program The United States
Community Adjustment and Investment Program was created to help communities
that suffered job losses due to changing trade patterns with Mexico and Canada
following the North American Free Trade Agreement (NAFTA). The CAIP promotes
economic implementation of the adjustment by increasing the availability and
flow of credit and encourages business development and expansion in impacted
areas. Through the CAIP, credit is available to businesses in eligible
communities to create new, sustainable jobs or to preserve existing jobs.
CALENDAR SBA maintains calendars of events for all SBA
Offices you may obtain counseling, training, and attend seminars free or at a nominal
cost.
CANCELED LOAN The annulment or recession of an approved
loan prior to disbursement.
CAPACITY TO REPAY The determination made by a lender on
whether a borrower can repay a loan after examining financial statements,
financial ratios and operating data.
CAPITAL 1. Assets less liabilities, representing the
ownership interest in a business; 2. A stock of accumulated goods, especially
at a specified time and in contrast to income received during a specified time
period; 3. Accumulated goods devoted to the production of goods; 4. Accumulated
possessions calculated to bring income.
CAPITAL EXPENDITURES Business spending on additional plant
equipment.
CAPITALIZATION The basic resources of a company including
the owner's equity, retained earnings and fixed assets. One of the "Five
C's" of Credit
CAPITALIZED PROPERTY Personal property of the business
which has an average dollar value of $300.00 or more and a life expectancy of
one year or more. Capitalized property shall be depreciated annually over the
expected useful life to the agency.
CAPLINES LOAN PROGRAM CAPLines is the umbrella program
under which the SBA helps small businesses meet their short-term and cyclical
working-capital needs.
CARRYING COSTS Inventory costs associated with capital,
storage, handling expenses, insurance, taxes and obsolescence.
CASH CONVERSION CYCLE The length of time between the
payment of payables and the collection of receivables.
CASH DISCOUNT An incentive offered by the seller to
encourage the buyer to pay within a stipulated time. For example, if the terms
are 2/10/N 30, the buyer may deduct
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