Business Financing

This guide explains what commercial banking is and explains commercial banking products and services.

This guide explains what underwriting is and the role of investment banks in the underwriting process.

This article explains what investment banking is and explains what various investment banking services are.

This guide explains what the primary market and secondary market are. We will look at the purpose of these markets, the participants in them, and how they function.

This guide introduces readers to the four types of banks and explains the difference between them. We will also look at the various ways that these banks can be organized.

This guide explains what vendor notes are and explains how vendor financing works. It goes into detail about how these arrangements are structured and why they are beneficial.

This guide explains what subordinated debt is. It also explains the relationship that subordinated debt has to senior debt and equity financing in terms of liquidity position in the capital stack and the corresponding risk to subordinated debt investors.