BNET Business Dictionary

Business Definition for: Prospect

  • a person or organization considered likely to buy a product or service

Wiktionary Definition for: Prospect

  • The potential things that may come to pass, usually favorable.
  • # intransitive To search, as for gold.

Additional Resources

The Ultimate Prospect Qualification Tool
Instructions: Bookmark this page.  Then, when you're speaking to a prospect for the first time, use this simple, free tool to guide you through all all four stages of  prospect qualification: 1. Confirm the need. 2. Define the financial impact. 3. Discover the buying...
Tags: Prospect, Tool, HERE, Financial Accounting, Finance, Geoffrey James
Blog posts 2009-08-18
Research a Prospect...in Ten Minutes
A meeting with a prospect is more likely to result in a big sale if you go into the engagement armed with solid information about the prospect's firm. Fortunately, there's no mystery to market research. Here's how the experts build a quick corporate...
Tags: Geoffrey James, Finance, Prospect, Management, Financial Accounting, Strategy
Blog posts 2008-05-05
Get That Prospect Off Your List!
Congratulations!  You've got a real live prospect on the line.  Your first task is to start selling, right?  WRONG!  At the very beginning of the sales cycle, your most important task is to find out if you can eliminate the prospect completely from your to-do list. Yes,...
Tags: Prospect, Sales Strategy, Sales Force Management, Sales, Geoffrey James
Blog posts 2009-08-12
Help! The Prospect is Stealing My Ideas!
Help! The Prospect is Stealing My Ideas!RE: Help! The Prospect is Stealing My Ideas!Unfortunately this is fairly common in the creative services sector. Here is another strategy to consider: Don't share your actual ideas with prospects. Share with them your process for developing the ideas. I can envision...
Tags: Help!
Discussion threads 2008-10-10
Prospect Energy Corporation Expands Credit Facility
Prospect Energy Corporation (NASDAQ: PSEC), ("Prospect") announced today that it has increased its existing revolving credit facility (the "Facility") to $30 million. Bank of Montreal serves as administrative agent and Harris Nesbitt Corp. serves as sole book runner and sole lead arranger. Prospect is also in discussions to...
Tags: Prospect Energy Corp.
Research articles 2006-05-11
Prospect Energy Corporation Closes Larger $50 Million Revolving Credit Facility
Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has closed a $50 million revolving credit facility (the "Facility") with HSH Nordbank as administrative agent and sole lead arranger, replacing Prospect's prior smaller $30 million facility. This Facility is being used to refinance Prospect's prior $30 million credit...
Tags: Prospect Energy Corp.
Research articles 2006-07-26
Prospect Capital Agrees to Acquire Patriot Capital for $197 Million, or 54% of Equity Book Value
Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has entered into a definitive agreement to acquire Patriot Capital Funding, Inc. (NASDAQ: PCAP) ("Patriot"). Prospect is acquiring Patriot for $197 million, comprised of a cash to repay all Patriot debt, anticipated to be $110.5 million when...
Tags: Patriot Capital Funding Inc.
Research articles 2009-08-03
Prospect Energy Corporation Announces Repayment of $5,000,000 Loan to Natural Gas Systems, Inc.
Prospect Energy Corporation (NASDAQ: PSEC) (“Prospect”) announced today that it has received full repayment of its $5,000,000 senior secured loan to Natural Gas Systems, Inc. (“NGS”). Prospect has also received a prepayment premium of $375,000. Prospect originally extended $3,000,000 to NGS on February 3, 2005, and subsequently funded an additional...
Tags: natural gas
Research articles 2006-06-01
Prospect Medical Holdings to Request Voluntary Conversion of Preferred Stock
CULVER CITY, Calif. -- Prospect Medical Holdings, Inc. (PMHX.PK) ("Prospect Medical" or "the Company) today announced that it will request that the holders of its Series A Preferred Stock voluntarily convert some or all their preferred holdings into common shares of Prospect Medical. Prospect Medical expects to mail solicitation letters...
Tags: AMEX, Benefits, Company, HEALTHCARE, SEC, SOFTWARE
Research articles 2005-02-10
Prospect Medical Holdings Postpones Annual Stockholders' Meeting
CULVER CITY, Calif. -- Prospect Medical Holdings, Inc. (AMEX: PZZ) ("Prospect"), which manages the medical care of approximately 240,000 HMO enrollees and operates four community hospitals in Southern California, today announced that the Prospect annual meeting of stockholders scheduled to be held on November 14, 2007 has been postponed. ...
Tags: FINANCE, financial, HMO, Prospect Medical Holdings Inc., SEC
Research articles 2007-11-14
Good morning, Mount Prospect and Prospect Heights!(Neighbor)
THE BRIEFS Lace up your walking shoes for annual Prospect Run/Walk Prospect High School will host its second annual Prospect Knights Run/Walk for Fitness at 8:30 a.m. Memorial Day. The event is considered a 5K race or a 2 mile walk and...
Tags: Dominick's
Research articles 2000-05-26
Prospect Energy Corporation Changes Name to Prospect Capital Corporation
Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it is changing its name to Prospect Capital Corporation. "Energy and industrial-related companies, including those in the oil and gas, midstream, power, oilfield service, and other energy sectors, continue to be the most significant area of our focus, and our...
Tags: Prospect Energy Corp.
Research articles 2007-05-03
Prospect Lists
The most fundamental selling tool a salesperson and business can develop is a prospect list. A prospect list is simply a record of people who are potential clients. Your existing clients remain on this list as they will potentially use your business again. A prospect list is only as good...
Tags: List, Prospect List, Productivity
White papers 2006-11-23
PROSPECT INVESTMENT, INTEL TO BUILD GAME EXPERIENCE CENTER
AsiaInfo Services 07-10-2007 Prospect Investment, Intel to Build Game Experience Center BEIJING, Jul 10, 2007 SinoCast via COMTEX -- Beijing-based Prospect Investment Co., Ltd. has agreed to establish an experience center for online games and AsiaInfo Services ...
Tags: game, Intel Corp.
Research articles 2007-07-10
Prospect Energy Corporation Announces Release of Segregated Funds
Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that Citibank Texas, N.A. ("Citibank") has released the $9.6 million of cash that Citibank had previously required be segregated in Prospect's custody account to secure a limited indemnity for the benefit of Citibank with respect to any claims that might be...
Tags: Citigroup Inc.
Research articles 2005-12-05
Prospect Energy Corporation Announces Repayment of Investment in Cypress Consulting Services, Inc.
Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it expects repayment of, and a gain on, Prospect's $4.3 million debt investment in Cypress Consulting Services, Inc. ("Cypress"), a seismic surveying company based in Houston, Texas. Cypress has executed an asset purchase agreement to sell its assets to a larger...
Tags: Cypress Semiconductor Corp.
Research articles 2007-02-12
Two sides to the coin: Merchants split on Gateway's economic effect. (economic repercussions of sports complex construction along Prospect Avenue)
Nowhere does hope and skepticism about Gateway's ability to spur economic development -- and, more precisely, profits -- run stronger than on dilapidated Prospect Avenue. Consider the lament of Michael Rubin, president of Prospect Music, a fixture on Nowhere does hope and skepticism about Gateway's ability...
Tags: Gateway Inc.
Research articles 1993-12-20
How NOT to Lose a Hot Prospect
How NOT to Lose a Hot ProspectRE: How NOT to Lose a Hot ProspectHaha the letter is funny. It could be in Mandarin? "Sleep with both eyes closed".RE: How NOT to Lose a Hot ProspectExactly, get them on the phone. The product has options, frame the letter with questions,...
Tags: Hot Prospect, Internal Revenue Service
Discussion threads 2008-10-16
6 Things To Know about EVERY Prospect
It's always a big mistake to "show up and throw up" a bunch of slides.  That's just asking for trouble, because the prospect will know that you're not really prepared to talk about the prospect's real issues.  Therefore, before you present to a prospect, there are...
Tags: Prospect, Tools & Techniques, Roi/Tco, Management, Finance, Managerial Accounting, Geoffrey James
Blog posts 2009-01-12
Prospect Energy Corporation Announces Expansion of Investment Team
Prospect Energy Corporation (NASDAQ: PSEC) announced today that its investment advisor, Prospect Capital Management, LLC, has expanded its investment team to enhance its ability to originate and close mezzanine investments in the energy industry. John E. Hopley, Eric K. Klaussmann, and Bart J. de Bie have joined Prospect Capital's...
Tags: Prospect Energy Corp.
Research articles 2004-09-10
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