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Explain any three Sources of Short term Finance?

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Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/03/11
Ali Hammad Naeem
by Ali Hammad Naeem , Chief Executive Officer , Concern Worldwide Media Clicks (Pvt.) Limited Chattha Group of Travels

Bank Loan (Short-term loan)

Trade Credit (supplier credit)

secured loan

Letter of credit :-O

 

Faraz Sultan
by Faraz Sultan , head of regional operations , BMSA GLOBAL

Short Term LoansSupplier CreditsBank Over Draft Sale of Shares

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

More...

Government grants

Selling of shares

leasing and hire purchase

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

I agree with all the answers, each according to his own way, but all close to the correct answer

Altaf Bhoon ACA
by Altaf Bhoon ACA , Assistant Finance Manager , Atlantic Maritime Group FZE

1. Bank Over Draft

2. Letter of credit

3. Bank Loan (short term)

4. Running finance

Deleted user
by Deleted user

Comprehensive and clear answer sir

Greetings

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Short term business finance facilitates businesses and financiers to seize quick business opportunities that require transactions to be completed in short time. The highlight of this kind of finance is its prompt availability to the businessman.

 

There are various types of short term business finance that a business can avail of at varying terms and conditions:

  1. Bank overdraft

  2. Trade Credit

  3. Leasing

  4. Bank loans

  5. Credit cards

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Running Finance

Letter of Credit (D/A)

Spontenous Finance

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

Paycheck in Advance.

Credit Cards.

Secured and non-secured Bank Loan.

Pawn Shop loan with a collateral.

RAMAN NAMPOOTHIRI
by RAMAN NAMPOOTHIRI , Dubai, UAE as Audit Manager , Paul & Hassan Chartered Accountants

1. Trade credit( credit from suppliers)

2. Bank Overdraft

3. Commercial paper

SHINU SAM JOY
by SHINU SAM JOY , Accountant , Neat and Net LLC

Agree with all the answers

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