What is difference between loan and finance?
loan is that amount which is taken from outside sources like any bank or any other financial institution but finance we can also provide by ourself like we can finance our business from our on personal source
finance charge - This is the one time fees that the bank may charge for processing your loan Interest rate - This is the rate at which you must pay the bank interest for availing the loan during the loan tenure. Ex: Assuming you take a Rs. 1 lakh loan for 1 year at 10% fixed rate of interest and a 0.5% processing fee/finance charges ==> Monthly payment = 9166.67/- (Out of this Rs. 8333.33…
Problem statement between loan recovery in micro-finance institutions and credit management policies in Uganda?
Financing is nothing but a complete process or department who works for providing loan or financing aid. Normally in Islamic banking Financing is the preferred word for loan and related activities such as loan origination, disbursement and repayment/Collection. Finance means the department or process which maintain accounts /book keeping cash /Fund management and anything related to financial position of the organization.
What is the difference between a bachelor of science degree in finance and a bachelor of arts in finance?
syndication of loan is arranged by a lead arrangers and it is on common terms which is finalised between borrower and arranger where as in consortium loan borrower has to arrange the finance himself from different bank this finance on different term and at different pricing Loan Syndication and Consortium finance is resorted to when a client needs a huge loan which a single Bank either cannot provide or cannot take risk to provide. In…