Business Finance Glossary - B


Business to business - a term that describes businesses that sell direct to other businesses.

Bankers automated clearing system (BACS)

This is the system for sending money electronically between banks. BACS payments happen when money is sent from one bank account to another electronically.

Balance sheet

A financial statement at a given point in time. It provides a snapshot summary of what a business owns or is owed (assets) and what it owes (liabilities).

Bank of England

The Bank of England is the central bank of the UK and is not a commercial bank. It prints all English bank notes, manages the governments stock register, publishes money and banking data, and provides settlement facilities for the payment systems.


A person or company that is judged legally insolvent. A person can become bankrupt upon voluntary petition or one invoked his/her creditors.

Base rate

The interest rate set by the Bank of England which is used as the basis for the rates banks offer and charge customers.

Brewery Funding

Brewery Funding is a specialist area of funding arranged by Sterling Capital Reserve Ltd, a well established and well respected Commercial Finance Brokerage. Our specialist Commercial Finance Brokers have extensive experience in arranging loans, mortgages, asset finance and working capital finance for breweries and microbreweries.

Brewery Funding can be obtained for: Commercial Property, Funding Equipment Purchases, Working Capital, Secured and Unsecured Loans.
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Bridging Loans

A bridging loan is a short term loan aimed at bridging a gap with the funds you have with the funds you need for a project before other finance or sale can be arranged.


This is an estimate of income and outgoings, usually completed for a period of at least one month but can be for the whole year.

Building Society

Financial institutions offering savings accounts and mortgages as their main business. Many are mutual institutions, which are owned by their members rather than shareholders.

Business Angels

Individuals who invest their money in growing businesses with the expectation of a high return on that investment.

Business Plan

A report that explains how a new business will market its product, what it will cost to produce, how much money it will expect to make and how much it needs to start the business.

Business Turnaround

Business Turnaround is a term used to describe a struggling business around into a growing business. We can assist with almost all aspects of Business Turnaround and Recovery. Our Commercial Mortgage Brokerage can source finance / refinance for most businesses in order to provide additional finance.
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Contact Sterling Capital Reserve regarding you Commercial Finance requirements