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Interest only loan

A loan where the borrower pays only interest during the loan term, with the principal due as a lump sum at th…

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MCKe Team

Aug. 8, 2025
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Secured loan

A secured loan is a type of loan that is backed by an asset—often referred to as collateral. This collateral …

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MCKe Team

July 30, 2025
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Fixed income funds

Fixed income funds are a type of collective investment scheme that focuses on generating steady income throug…

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MCKe Team

July 4, 2025
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Loan appraisal

Loan appraisal is the process a lender uses to evaluate a borrower’s ability to repay a loan before approving…

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MCKe Team

Aug. 3, 2025
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Covenant lite loan

A loan with fewer restrictions or covenants, making it easier for borrowers to comply.

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MCKe Team

Aug. 8, 2025
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Allowable deductions

These are the amounts deducted from an employee’s emoluments in order to arrive at the amount which will be s…

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MCKe Team

Sept. 14, 2025