Advantage of Bill - Source of Finance
Advantages of necessitating a Bill as a Source of Finance
- They are a faster means of raising finance whether drawer is credible.
- Is highly liquid/ negotiable investment
- Does not require safe
- Does not affect the company the gearing level
- It is can be invested flexibly and unconditional
- It is needful as a source of finance to finance working capital
- It is required without diluting capital.