HEYA FRNDS HERE'S MY QUESTION. . .
WHAT ARE THE BENEFITS AND SOURCES OF FINANCE?
NO SPAM___
LOVE ALL❤️❤️
Answers
Answered by
2
Advantages
Banks don't take an ownership position in the business.
There are no more obligations to the lender once a loan has been paid off
Option of fixed rate loans, where the interest rate doesn't change for the life of the loan.
Answered by
1
Answer:
Benefits :—
- can gain lots of money quickly no interest payable
- access to supplies without immediate payment no interest
- no large upfront payments leasing company may be responsible for repairs and maintenance
- Dosen't require borrowing money
- easy access to the money
- so on........
Sources :—
- selling assets
- bank loan
- overdraft
- new partners
- share issue
- trade credit
- so on......
Similar questions