Archive for June, 2019

Loan Lingo: A Glossary For Business Loan Terms

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Navigating financial jargon gives even the most educated of us a headache. Unfortunately, loans are something we will all need to deal with; from the 80 million people who had car loans in 2012 to the small businesses just getting on their feet, both personal and business loans allow us to buy things and begin things that we otherwise never would have had the chance to own or do. If you already have your business checking accounts set up and are simply trying to nail down the banking jargon that commonly accompanies business loans, this post is for you. Let’s get started.

  • DSCR: This term stands for Debt-Service Coverage Ratio (sometimes referred to as the Debt Coverage Ratio). It shows the cash a business has available to service its debt; as such, it is an important indicator of your business’s financial health and is something that a lender will look at to determine if lending to your business is a wise investment.
  • EBITDA: EBITDA stands for Earnings Before Interest, Tax, Depreciation, and Amortization. Generally speaking, it’s a measure of your company’s operating performance without factoring in tax environments, financing obligations, or accounting decisions.
  • LTV Ratio: This term describes the Loan-to-Value Ratio, which determines the level of financial risk; the loan amount is compared to the value of the asset that the loan is being used to acquire, creating a percentage. When borrowers request a loan for an amount that is the same or close to the asset’s value (creating a higher LTV ratio), lenders know that there is a greater chance it will go into default.
  • Bridge Loan: Commercial bridge loans function the same as normal business loans. They are typically short-term loans that a borrower can use while waiting for another type of funding (usually in larger amounts, lower interest rates, etc.), earning its name as a “bridge” between the two.

The more well-versed you are in the financial and legal lingo involved in business loans, the better your chances of finding one that works best for you. Understanding can make a big difference, especially if you’re a small business, so be sure to do your research ahead of time.

Paper Brightness and Whiteness: What’s the Difference?

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Every year, 92 million metric tons of paper are produced in the United States. With this massive amount of paper comes a multitude of different sizes, colors, and thicknesses. The appearance of your paper can be crucial when it comes to supplementing your next big project or use in your day to day business, as your end result depends on the paper that you are using. Before putting in your order of bulk paper, it is important to understand the differences between paper brightness and whiteness.



The brightness of paper is determined by how much the paper reflects blue light (specifically with a wavelength of 457 nanometers). This is measured on a scale from 1 to 100, with 100 being the most reflective. For example, a piece of paper with a brightness of 85 is going to be much brighter than one with a brightness of 65.


This is not the only metric you should go by. Just because two pieces of paper are similar in terms of brightness, it does not mean that they will look similar. Brightness does not take into account the rest of the light spectrum, which can drastically affect the looks of the paper.



Just like paper brightness, whiteness is measured on a scale from 1 to 100, increasing in whiteness as the number increases. It still has to do with the reflection of light, though. Whiteness takes into account the entire light spectrum. Through this metric, you can start to see the difference between a warmer, softer piece of paper, and paper with a blue, cool tint. This is similar to the color temperature scale used for bulbs.

Breaking the Scale


You may stumble upon some paper that exceeds the 100 maximum for brightness or whiteness. Some paper companies may choose to add certain materials that enhance and increase the paper’s whiteness and brightness, to a point where it exceeds the scale for normal pulp paper. These additives, commonly known as Optical Brightening Agents, actually reflect ultraviolet light that we would not normally be able to see as visible light.

No matter what you are using your paper for, make sure to look out for these metrics whenever ordering from your wholesale paper supplier. If you are looking to buy bulk paper of any brightness or whiteness, make sure to contact your local paper supplier.


All About Affordable Green Building With ICF Construction

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Many people assume that green building materials and energy efficient home construction are both incredibly expensive by default, but being on a budget doesn’t mean you have to sacrifice on your goals for a high performance home. ICF construction is just one tried and true method for affordable green construction. Here are a few ways this unique material can help you save money both during construction and in your finished home.

Affordable Materials

Many modern green materials used for energy efficient construction can add up in cost fairly quickly. However, just because a material is newer and more expensive doesn’t necessarily mean it always works better. ICF construction is a technique that has been around for decades, and it remains one of the most efficient construction options available today. Over time, the cost has dropped for this material, making it an excellent green option for builders or homeowners on a budget.

During Construction

Construction projects involving ICF aren’t just more energy efficient when they’re fully built – they create less waste during construction as well. Because of how ICF blocks are assembled, the reduce the amount of material wasted. You’ll end up paying for less material that ends up getting wasted anyway, and you’ll be contributing less to landfills so you can feel better about your home’s overall carbon footprint.

Finished Builds

Finished ICF buildings are also able to provide savings in the form of reduced overall energy costs. According to the U.S. Department of Housing and Urban Development, ICF walls can save homeowners 20% to 25% on annual heating and cooling costs. Heating and cooling tends to be the largest energy expense in the average home, meaning a reduction here can result in major savings for most homeowners. By choosing the right materials early on, you’ll be able to save on your finished home.

ICF walls are an excellent option for homeowners looking to go green in their new homes. These green building materials can help you save on construction, as well as once the home is fully completed. For more information on insulated concrete forms and how to use them for affordable green construction, contact Nexcem today.