• For managing your debt, you should collect the information about the amount that you owe, pay your bill on time each month, use good quality accounting software, create a monthly bill payment calendar, etc. • It is important to maintain an excel sheet to know how much you owe and to whom. • You … Read more
• You can take the help of various debt schemes such as external commercial borrowing, venture capital, trade credit, and bill discounting for raising debt. • External borrowing can be taken in the form of, bank loans, buyer-supplier credit, convertible/non-convertible debenture, and preference shares. • Venture debt can be taken by anyone but, generally, it … Read more
Debt is lending money by one person to another person at times of need. No money is completely free, there is always a cost associated with it which is known as ‘interest.’ When a loan is raised against any security, it is called ‘secured loan.’ Unsecured loans are given without keeping any type of physical … Read more