Types of Personal Loans – These Are The Options You Have
Personal Loans are meant to cover emergency financial requirement if any. Undoubtedly, these are one of the simplest ways of getting funds through a legit source. Banks can lend …
Sources of Finance
Rating Agency
A rating agency is an organization which specializes in assessing the financial strength of a company or government entities that uses the capital markets for financing. The rating provides …
Letter of Credit Vs. Line of Credit
Due to the uncanny similarity in their names – many people get confused between a letter of credit and line of credit. However, the similarities don’t just end with …
PIK Loan – Meaning, Features And Drawbacks
A PIK loan or payment-in-kind (PIK) loan is one where the payment of interest is not in cash. In this loan, there is no cash flow from the borrower …
Letter of Guarantee
Letter of guarantee is a written contract that the bank issues on behalf of its customers who enter a sale agreement to buy the goods from a supplier. It …
Public Securities – Types and Accounting Treatment
Public Securities are the financial instruments that one can trade in the market. Also known as marketable securities these instruments can either be Equity or Debt instrument. An Equity …
Revolving Credit Facility
Revolving Credit Facility – Meaning A revolving credit facility is a line of credit wherein the borrower pays a fixed fee to borrow funds up to a predetermined maximum …
Basel III
What is Basel III? Basel III is a list of comprehensive reforms whose goal is to strengthen the regulation, supervision and risk management of the banking sector. This is …
Leveraged Finance – Meaning, Effects And More
Leveraged finance means giving more debt to a business than what is considered normal for that business. Giving more than the normal debt implies that the debt is riskier, …
Advantages and Disadvantages of Capital Lease
Understanding Capital Lease There are basically four conditions that make a capital lease. The conditions are – If the life of the lease exceeds 75% of the life of …