Most Frequently Asked Questions And Answers
Business finance, the raising and managing of funds by business organizations. Planning, analysis, and control operations are responsibilities of the financial manager, who is usually close to the top of the organizational structure of a firm.sheets show what a company owns and what it owes at a fixed point in time.
Types of Business finances
It is also called working capital financing. Trade credit, working capital loans, invoice discounting, factoring, and business line of credit comes under short term finance. Advantages of short term finance are less interest, disbursed quickly and less documentation.
The finance field includes three main subcategories: personal finance, corporate finance, and public (government) finance.
The sources for raising borrowed funds include loans from commercial banks, loans from financial institutions, issue of debentures, public deposits and trade credit. Such sources provide funds for a specified period, on certain terms and conditions and have to be repaid after the expiry of that period.