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Chapter 28 - Coggle Diagram

- - - - An aset is sold to a company that agrees to pay fixed repayments over an agreed time period
    - - obtaining the use of equipment or vehicles and paying a rental or leasing charge over a fixed time period. Avoids the need to raise long term capital to purchase asset
  - - - bonds issued by companies to raise debt finance, fixed interest
    - - Requires collateral, interest
  - - - Paying at a later date to suppliers
    - - Selling trade receivable claims
    - - Flexible
      - High Interest
      - Not specified payment dates