WMSME
Women-led Micro, Small and Medium Enterprises
FINANCING GAP
The difference between the funds required for a particular item or project and the funds currently available
LIFE CYCLE FINANCING
Refers to managing finances throughout the various stages of a businesses or product life cycle
TECHNOLOGY DRIVEN
Technology plays a central role in guiding the online application process
CASHFLOW
Movement of money in and out of the business
INVOICE FACTORING
Where the company sells its invoices for immediate cash, at a discount
SHORT TERM LOAN
The type of borrowing where the repayment period is generally up to 1 year, designed to meet immediate financial business needs
MEDIUM TERM FACILITIES
Credit terms typically having a repayment period falling between a short-term and a long-term; up to about 5 years, serving as a middle ground solution for businesses needing expansion or scaling.
SECURED LOANS
Financial agreements where the borrower pledges collateral to obtain a loan
COLLATERAL
An asset of value, such as property, equipment or cash
CAPITAL ACQUISITION
Obtaining funds through various means, for example through debt or equity
DEBT
An obligation of a Borrower to repay money to a Lender
EQUITY
Issuing investors ownership in a company in exchange for capital
QUASI-EQUITY
Financial arrangements comprising a combination of both equity and debt.
CUSTOMIZED SOLUTION
A tailored approach to addressing a unique financial need of a business
OPERATE
Managing the business’ day to day activities to achieve its goals
GROW
Executing strategic plans through new products, additional equipment, new customers, new partnerships, loyalty programs, diversification
SCALE
Efficiently handle increased demand and production, invest in technology to streamline processes, optimize supply chain
SUPPLY CHAIN
Interconnected activities of entities, people and resources involved in creation and delivery of a product or service to the end customer.
ESG
Standards for evaluating sustainability and ethical impact of Environmental, Social and Governance elements within a business
GENDER-LENS
Particular consideration for women in business experiencing unique challenges as it relates to financing
PERSONAL GUARANTEE
A commitment made by a business owner to take personal responsibility through personal assets for a repayment of a debt, if the business entity is unable to settle the loan
COMMUNITY
Group of businesses with online access to databases, entrepreneurial training, business coaching and industry experts for the purpose of networking, support and mentorship.
