Glossary 

AMSCI Advanced Manufacturing Supply Chain Initiative
Asset - Based Funding A business loan secured by collateral (assets). The loan, or line of credit, is secured by inventory, accounts receivable and/or other balance-sheet assets. Also known as "commercial finance" or "asset-based financing".
BIS Business, Innovation and Skills
CA Combined Authority
CORE Centre for Offshore Renewable Engineering
DECC Department of Energy and Climate Change
DMP Destination Management Plan
Equity Funding The raising of capital through the sale of shares in a business.  Equity can be sold to third-party investors with no existing stake in the business. Alternatively, equity financing can be raised solely from existing shareholders, through a rights issue.
ERDF European Regional Development Fund
ESIF European Structural and Investment Funds
EU European Union
Export / Trade Finance The financing of international trade/goods. Trade finance includes such activities as lending, issuing letters of credit, factoring, export credit and insurance.
EZ Enterprise Zones
Grants A financial award given by european, national or local government to an eligible grantee. Government grants are not expected to be repaid by the recipient.
JESSICA Joint European Support for Sustainable Investment in City Areas
LCR Liverpool City Region
LEP Local Enterprise Partnership
LHP Liverpool Health Partners
MCS Microgeneration Certification Scheme
Loans / Overdraft Forms of debt, long term and short term, which are typically taken from bank or other financial institutions.
Peer to Peer Lending This is where internet-based platforms are used to match lenders with borrowers.
RGF Regional Growth Fund
SEAP Sustainable Energy Action Plan
SME Small and medium-sized enterprises