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Forms Of Finance.
The first 200 words of this essay...
There are a number of finances available for different people and many different things etc. weather it is a housing development are a factory unit you will still be required to sort out a form of finance to construct the building.
Buildings are expensive to erect the way they must be built and constructed different people require different things weather it is expensive are not. A Public house is the most expensive house and if you build a replica house it will be the least expensive to erect out of the two.
Very few clients would have the total cash available to construct a building. The alternative is PFI which is a system by the government and which enables a contractor erecting a building to his design and the government pays rent over 25-30 years.
There are a number of loans you can also take out:
Short term loans: You will get this from a bank overdraft you require no security usually based on your current account for cheques, direct debits etc. Normally no interest, credited but interest can be charged to access over draft just write cheques possible rate of approved overdraft =12%
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