Hire purchase occurs when an asset is sold to the buyer who agrees to pay fixed payments over an agreed period of time. How does hire purchase work?
Posts tagged as “medium-term sources of finance”
Sale-and-leaseback is a transaction when the business sells a particular Fixed Asset and immediately lease that asset back.
Problems with finance happen very often in every business organization. So, a business manager needs to consider different forms of finance.
There are many sources of finance that businesses can obtain their finance from. These include internal and external sources of finance.