Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the most quick short term source of finance for companies?

Finance
user-image
Question added by Zeeshan Ali CA ACCA CIPFA , Tax Manager , INSPIRE MS TAX CONSULATANCY
Date Posted: 2016/10/25
Upvote (0) Views (2) Followers (1) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Anil Lalwani
by Anil Lalwani , Chief Accountant , Al Ahli Hospital

Most quick short term source of finance for companies are as under:

  • Deposit from General Public
  • Loan/Borrowings from Banks or other financial institutions.
  • Loan or advances from partners or owners of the company.
  • Factorisation of sundry debtors
  • Discounting of bills of exchange
  • Discounting of Post Dated cheques received
  • Discounting of LC before its maturity.

Write Your Answer
More Questions Like This