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  • Billings for work performed or costs incurred by one party that, in accordance with the agreement, should have been performed or incurred by the(...) Read More
  • To prime, or apply paint to, the back or exterior of a piece of woodwork. Back Priming helps to prevent wood grain from contracting or swelling. Read More
  • When a wholesaler purchases a property and immediately resells it to an end buyer. A double close is different from an assignment of contract(...) Read More
  • Or "Foam Backer Rod". A flexible, cylindrical-shaped material used for chinking wide joints; for enhanced sealant/caulking performance. Read More
  • The replacement of excavated earth into a trench around or against a basement /crawl space foundation wall. Read More
  • Supportive framing lumber was installed between studs and behind drywall for towel holders, cabinets, and railings. Read More
  • Work the framing contractor does after the mechanical subcontractors (Heating-Plumbing-Electrical) finish their phase of work at the Rough(...) Read More
  • The upright surface, often made of tile, behind a kitchen counter, sink, or stove, that protects the wall from damage from splatter due to(...) Read More
  • A binding contract to purchase a property, made in acknowledgment of an existing offer, should the existing transaction ultimately not close. At(...) Read More
  • A financial statement that shows assets, liabilities, and net worth as of a specific date. Read More
  • A transformer that steps up the voltage in a florescent lamp. Read More
  • Framed walls (generally over 10' tall) that run the entire vertical length from the floor sill plate to the roof. This is done to eliminate the(...) Read More
  • A mortgage with periodic installments of principal and interest that do not fully amortize the loan. The balance of the mortgage is due in a(...) Read More
  • A final lump sum payment that is due, often at the maturity date of a balloon mortgage. Read More
  • Vertical members in a railing used between a top rail and bottom rail or the stair treads. Sometimes referred to as’pickets' or’spindles'. Read More
  • The rail, posts and vertical balusters along the edge of a stairway or elevated walkway. Read More
  • A bank-owned property is acquired by a financial institution when a homeowner defaults on their mortgage. Given potential repairs needed, these(...) Read More
  • A legal proceeding initiated when a person or business is unable to repay outstanding debts or obligations. Read More
  • When a court grants a discharge order, it cancels the obligation to repay the discharged debt(s) included in the bankruptcy filing. Read More
  • The court order of dismissal, ending a bankruptcy case without the debt being discharged or eliminated, terminating the automatic stay and(...) Read More
  • Horizontal beam rafter that supports shorter rafters. Read More
  • A decorative board covering the projecting rafter (fly rafter) of the gable end. At the cornice, this member is a fascia board. Read More
  • A cabinet that generally rests on the floor with a toe-kick and countertop. Read More
  • A layer of paint applied before the topcoat. Read More
  • Molding along the point where the baseboard meets the floor. Read More
  • The baseboard is a trim board around a room that connects between the wall and the floor. Read More
  • The window frame and glass unit that is installed in the window buck. Read More
  • A type of sink, circular in shape, that has sloping or curving sides. Read More
  • A simplified units of measure that express percentages in finance, expressed in hundredths of a percentage point, often used in relation to(...) Read More
  • In a bathtub, one of several spouts that shoot water, air, or both into the tub at fast speeds to provide a massage effect. Read More
  • A section of fiber-glass or rock-wool insulation measuring 15 or 23 inches wide by four to eight feet long and various thickness'. Sometimes(...) Read More
  • Narrow strips of wood used to cover joints or as decorative vertical members over plywood or wide boards. Read More
  • A three-window unit, the Bay window, usually contains one large middle panel and two smaller side panels. A bay window projects outward from the(...) Read More
  • A structural member transversely supporting a load. A structural member carrying building loads (weight) from one support to another. Sometimes(...) Read More
  • Wooden or steel structures are used as replacements when a wall is removed to support the weight of a home. Read More
  • (a) A beam placed perpendicular to joists and to which joists are nailed in framing for a chimney, stairway, or other opening. (b) A wood(...) Read More
  • A partition that supports any vertical load in addition to its own weight. Read More
  • A point where a bearing or structural weight is concentrated and transferred to the foundation Read More
  • A wall that supports any vertical load in addition to its own weight. Read More
  • A subsurface layer of earth that is suitable to support a structure. Read More

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*LYNK Capital Fund, L.P. operates as LYNK Investments, LLC in the state of Texas.

Disclaimers: LYNK Capital makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. LYNK Capital Fund, L.P. does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property state, or other applicable considerations, and are subject to change at any time without notice. No information on this site is intended to, or shall, created a legally binding commitment or obligation on the part of LYNK Capital Fund, L.P. and all terms are expressly subject to LYNK Capital's credit, legal, and investment approval process.