Legend to Describe of Each of the 10 Loan Types

FINRA Form

Type of Subordination

SEA Rule 15c3-1(d) Debt-Equity Treatment

Type of Lender

Maturity

SL_31D Cash Borrowing Debt Generally unrestricted 1 Year Minimum
SL_31E Cash Borrowing Equity Partner/Stockholder 3 Year Minimum (Debt treatment in last 12 months)
SL_31T Cash Borrowing Debt (Temporary) Generally unrestricted 45 Day Maximum
SDN_32D Secured Demand Note Agreement Debt Generally unrestricted 1 Year Minimum
SDN_32E Secured Demand Note Agreement Equity Partner/Stockholder 3 Year Minimum (Debt treatment in last 12 months)
SDN_32T Secured Demand Note Agreement Debt (Temporary) Generally unrestricted 45 Day Maximum
REV_33R Revolving Cash Borrowing Debt Qualified Lender 1 Year Minimum (from the end of the Credit Period)
Non-Standard Debt Non-Standard Debt Generally unrestricted 1 Year Minimum
Non-Standard Equity Non-Standard Equity Partner/Stockholder 3 Year Minimum (Debt treatment in last 12 months)
Non-Standard Revolver Non-Standard Revolving Cash Borrowing Debt Qualified Lender 1 Year Minimum (from the end of the Credit Period)