Advantage of bill - source of finance, Finance Basics

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Advantage of Bill - Source of Finance

Advantages of necessitating a Bill as a Source of Finance

  • They are a faster means of raising finance whether drawer is credible.
  • Is highly liquid/ negotiable investment
  • Does not require safe
  • Does not affect the company the gearing level
  • It is can be invested flexibly and unconditional
  • It is needful as a source of finance to finance working capital
  • It is required without diluting capital.

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