answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the purpose served by short term finance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Two short-term sources of finance?

Following are two short term sources of finance: 1 - Creditors 2 - Banks


How many Types of short term financing is avilable in Pakistan explain with example?

Running finance (its mean the overdraft facility given by the bank FATR (finance against term receipt) this facility is given for the purpose of LCs


What are the functions of multinational companies?

short term finance long term finance foreign trad function


What is the definition of Commercial Papers?

Commercial Paper is a term used in investment circles to mean and unsecured form of short-term debt that is usually issued by corporations. The purpose of Commercial Paper is to finance accounts receivables and short-term liability.


Sources of finance for expanding the business?

sources of finance for expanding the a bussiness? short term medium term half term and long term


What is Short term finance?

The repayment term of 'short-term' financing, is usually shorter than a year. Creditworthiness is an important aspect which the entrepreneur or the venture must satisfy before any short-term financing will be granted,


What is short term sources of finance?

Short term finance is a quick solution to a temporary funding problem; funds must be predominately used for business or investment purposes usually secured by real property. The term of the loan is usually up to four months.


Short-Term Finance and Planning?

Short-term financial planning only will meet goals in the short run. Budgets and investments will be constructed, but the big picture will not be taken into account.


What are advantages of short-term finance?

Advantages of short-term loans: · Fast and quick service · Easy to apply · Flexible payment options · No credit checks


Explain the purpose of a contract with reference to a policy - short term insurance?

What is the purpose of a contract?


Identify three suitable uses for short-term sources of finance?

1. DAY TO DAY NEEDS. 2. PAYMENT TO CURRENT CREITORS. 3. SHORT TERM INVESTMENTS.


Why did William Henry Harrison served the shortest term?

His term was short because he died before it could get longer.