| 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 |
