Day: October 4, 2020

Bills of Exchange are a source of finance in particular in the export trade. A Bill of Exchange is an unconditional order in writing addressed by one person to another requiring the person to whom it is addressed to pay Read More …

Lack of security Ignorance of finances available Most of them are risky businesses as there are no feasibility studies done (chances of failure have been put to 80%). Their size being small tends to make them UNKNOWN i.e. they are Read More …

Debt finance is a fixed return finance as the cost (interest) is fixed on the par value (face value of debt). It is ideal to use if there’s a strong equity base. It is raised from external sources to qualifying Read More …

PREFERENCE SHARE CAPITAL (Quasi-Equity) – It is also called quasi-equity because it combines features of equity and those of debt. It is preference because it is preferred to ordinary share capital EQUITY FINANCE – For small companies, this is personal Read More …

Debt finance is a fixed return finance as the cost (interest) is fixed on the par value (face value of debt). It is ideal to use if there’s a strong equity base. It is raised from external sources to qualifying Read More …

Debt finance is a fixed return finance as the cost (interest) is fixed on the par value (face value of debt). It is ideal to use if there’s a strong equity base. It is raised from external sources to qualifying Read More …