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Questions and Answers
Which type of capital source usually restricts their services to authorized activities and does not provide banking services?
Which type of capital source usually restricts their services to authorized activities and does not provide banking services?
- Insurance Companies
- Individual Money Lenders
- Pawnshops (correct)
- Finance Companies
Which type of organization, acting as intermediary agents, receives an allocation of the budget and re-lends capital to individual borrowers or small groups from government agencies?
Which type of organization, acting as intermediary agents, receives an allocation of the budget and re-lends capital to individual borrowers or small groups from government agencies?
- Credit Cooperatives
- Private Voluntary Organizations (correct)
- Savings and Loan Associations
- Credit Unions
Which capital source helps finance projects by connecting individuals to sources of capital with mortgage requirements, typically in the form of real estate and motorized vehicles?
Which capital source helps finance projects by connecting individuals to sources of capital with mortgage requirements, typically in the form of real estate and motorized vehicles?
- Insurance Companies
- Pawnshops
- Mortgage Bankers (correct)
- Finance Companies
Which type of organization usually provides loans based on installment payments from sources and consignment from sources?
Which type of organization usually provides loans based on installment payments from sources and consignment from sources?
Which category of lenders is known for lending capital as friends of your business without being licensed, usually requiring collateral from borrowers?
Which category of lenders is known for lending capital as friends of your business without being licensed, usually requiring collateral from borrowers?
Which type of organizations offer numerous financing and leasing services but mostly deal with secured loans at relatively higher interest rates for those rejected by banks?
Which type of organizations offer numerous financing and leasing services but mostly deal with secured loans at relatively higher interest rates for those rejected by banks?
Which source of equity capital involves using undeclared profits rolled-over from a company's past year's operations?
Which source of equity capital involves using undeclared profits rolled-over from a company's past year's operations?
Which type of capital may have a maturity of less than one year?
Which type of capital may have a maturity of less than one year?
What can accounts receivables be converted into to serve as additional equity capital?
What can accounts receivables be converted into to serve as additional equity capital?
Which external source is mentioned as one of the most common sources of creditor/s' capital?
Which external source is mentioned as one of the most common sources of creditor/s' capital?
What is one way in which advanced payments from customers can be utilized in a business?
What is one way in which advanced payments from customers can be utilized in a business?
Which type of creditor/s' capital has a maturity exceeding five years?
Which type of creditor/s' capital has a maturity exceeding five years?
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