Concepts of Hire Purchase | Advantages of Hire Purchase
Concepts of hire Purchase Sometimes, entrepreneurs may not be in a position to pay the full cost of the asset. In such situations, they can opt for hire purchase. …
Tag: finance
Sources of Short-Term Finance and their Merits
Sources of Short-Term Finance Important sources of short-term finances are Trade Credit, Cash Credit, Advance by Customers, Accrual Account, Short-term Public deposits, Overdraft, Discounting of Bills and Short-term loans. …
Sources of Long-term Finance and their advantages
Sources of Long-Term Finance The sources of long term finance are as follows: 1. Shares An organization can raise long term funds through issue of shares. It is one’s …