what is mean by loan capital?
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Answered by
1
hiiii dear....
Loan capital may be
obtained from a bank or
finance company as
long-term loans, or from
debt-equity investors in
the form of debentures or preferred stock (preference shares), and is
usually secured by a fixed and/or floating charge on the company's assets. ... Also called borrowed
capital.
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Loan capital may be
obtained from a bank or
finance company as
long-term loans, or from
debt-equity investors in
the form of debentures or preferred stock (preference shares), and is
usually secured by a fixed and/or floating charge on the company's assets. ... Also called borrowed
capital.
plz mark me brainlist
jadhav50:
plz yrrr
Answered by
17
ĀNSWĒR ⏬⏬
Loan Capital :-
=> A money which is borrowed for long period of time by a business is called loan capital.
=> It is also called borrowed capital.
In short :-
Loan capital is money a firm borrows to run its business.
THANKS ❤
Loan Capital :-
=> A money which is borrowed for long period of time by a business is called loan capital.
=> It is also called borrowed capital.
In short :-
Loan capital is money a firm borrows to run its business.
THANKS ❤
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