In the sentences extracted from financial agreements in U.S. SEC filings, identify the named entities that represent a person ('PER'), an organization ('ORG'), or a location ('LOC'). The required answer format is: 'entity name, entity type'.
Text: Borrower will make payments monthly in advance of principal and accrued interest for each Equipment Advance ( collectively , " Scheduled Payments "), on the first Business Day of the month following the Funding Date ( or commencing on the Funding Date if the Funding Date is the first Business Day of the month ) with respect to such Equipment Advance and continuing thereafter during the Repayment Period on the first Business Day of each calendar month ( each a " Payment Date "), in an amount equal to the Loan Factor multiplied by the Loan Amount for such Equipment Advance as of such Payment Date .
Answer:
Borrower, PER