List few advantages of bank loan?
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Answered by
5
Answer:
Following are some advantages of banks loans.
- Purchase without Liquidity. A major goal of a bank loan is to lend to people who do not have ready cash. ...
- Driver of Growth. ...
- Provides Capital for Daily Operations. ...
- Better Interest Rates. ...
- Flexibility. ...
- Accounting & Tax Advantages. ...
- Ownership Remains with Borrower. ...
- Cash Discount.
Answered by
2
Answer:
Following are some advantages of banks loans.
- Purchase without Liquidity. A major goal of a bank loan is to lend to people who do not have ready cash. ...
- Driver of Growth. ...
- Provides Capital for Daily Operations. ...
- Better Interest Rates. ...
- Flexibility. ...
- Accounting & Tax Advantages. ...
- Ownership Remains with Borrower. ...
- Cash Discount.
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