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What are the types of major types of finance companies?
There are three main types of finance companies:
a. Sales finance institutions which make loans to customers of a certain retailer or manufacturer (for example Ford Motor Credit).
b. Personal credit institutions which make loans to consumers perceived like too risky by commercial banks (for example Household Finance Corp).
c. Business credit institutions which give financing to companies, particularly through equipment leasing and factoring (purchase through the finance company of accounts receivable by corporate customers).
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Capital cost of product a is ? 5 crores and initial capital cost of product b is ? 3 crores. Life of product a is 30 years and life of product b is 10 years . The difference in ini
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define matching principle of working capital financing
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Need help with explanations for the answers chosen, not good with math calculations, or explaining the answers, can you help with this.Chapters 6, 8
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