q forms of bank financea firm can draw funds from, Financial Management

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q forms of bank financea firm can draw funds from

Q. Forms of Bank Finance?

A firm can draw funds from a bank within the maximum credit limit sanctioned. It can draw funds in the following forms:

1) Overdraft

2) Cash Credit

3) Bills Purchasing and Discounting

4) Working Capital Loan

5) Note lending System

6) Letter of Credit

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