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Explain any three Sources of Short term Finance?

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Question ajoutée par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date de publication: 2014/03/11
Ali Hammad Naeem
par Ali Hammad Naeem , SUPPORT CONSULTANT

Bank Loan (Short-term loan)

Trade Credit (supplier credit)

secured loan

Letter of credit :-O

 

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

Short Term LoansSupplier CreditsBank Over Draft Sale of Shares

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

More...

Government grants

Selling of shares

leasing and hire purchase

georgei assi
par 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
par 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

Utilisateur supprimé
par Utilisateur supprimé

Comprehensive and clear answer sir

Greetings

Divyesh Patel
par 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
par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Running Finance

Letter of Credit (D/A)

Spontenous Finance

Alex Al Yazouri
par 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
par 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
par SHINU SAM JOY , Accountant , Neat and Net LLC

Agree with all the answers

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