Advantages and Disadvantages of Packing Credit
Decoding Packing CreditPacking credit is a financial arrangement between an exporter and a financial institution. It is a pre-shipment credit. As the name suggests,… Read Article
Sources of Working Capital
Advantages and Disadvantages of Bank Guarantee
Understanding Bank GuaranteeA Bank guarantee is a written instrument issued by lending institutions to the beneficiary (to whom the guarantee is provided, generally the… Read Article
Advantages and Disadvantages of Factoring
Factoring is a financial arrangement that involves the sale of accounts receivable of a business to another party (called ‘factor’) at a discount. It… Read Article
Advantages and Disadvantages of Cash Credit
Cash credit is a short-term lending facility offered by banks against collateral security, allowing borrowers to withdraw funds in excess of their credit balance.What… Read Article
Short-term Finance
What is Short Term Finance?Short-term finance refers to sources of finance for a small period, normally less than a year. In businesses, it is… Read Article
Factoring Vs. Discounting
Factoring means selling the invoices raised to the customers to a third party who makes the payment immediately after reducing a discount. Bill Discounting… Read Article
Cash Credit
What is Cash Credit?Cash credit is a facility to withdraw money from a current bank account without having a credit balance but is limited… Read Article
Factoring Companies
Factoring is a type of financial service in which a business sells its accounts receivables to a third party called a factor. The factor… Read Article
Specialized Factoring: Real Estate, Medical, Construction, Trucking, and Govt Contracts
What is Specialized Factoring?In the world of business, cash flow is king. The ability to maintain a steady influx of funds is crucial for… Read Article
Terms of Factoring
Factoring is one of the best ways to raise capital for a business. In this transaction, the owner of the business sells all or… Read Article
Advance and Maturity Factoring
Meaning of FactoringFactoring is a financial service used for raising funds in the business whereby the business entity sells all of its bills receivable… Read Article