Bank Finance - created from Mind Map

Descripción

AS level Business Unit 1 Apunte sobre Bank Finance - created from Mind Map, creado por demi_preece123 el 30/03/2014.
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ADVANCED ACCOUNT (fixed term) repay capital at the end of 2 years - monthly interest

FIXED TERM LOAN Short term - 0-3 years Medium - 3-5 years Long term - 5years+

MORTGAGE (secured laon) Floating Charge everything the business owns could be ceased up to the value of the money owed.

OVERDRAFT - flexibility only get charged interest when you go into the 'RED' formal demand if you cannot clear the overdraft when the limit is reached

Bank Finance

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