‘The borrower is always a slave to the lender’. I refuse to be that slave. Living without borrowing money and being in debt helps me sleep well.
Posts tagged as “long-term debt”
Gearing measures how much of the capital employed in a business is financed by long-term debt, or Long-term Liabilities.
A long-term bank loan is provision of finance by the lender to the business for a long period of time. The lender is a commercial bank.
Inevitable changes in the internal and external business environments bring both threats and opportunities to businesses.