Secured financing corresponds to securing the company's existence and is the most important corporate objective. Great importance is, therefore, attached to the financing of companies.
As a rule, considerable potential for financing lies idle in companies. Particularly in times of crisis, management often becomes “blind” to opportunities that lie not only in financing from third parties but also, and above all, in financing from within ongoing business operations. If financing is not successful, companies can find themselves in acute economic difficulties and even insolvency.
In this chapter, you will learn about alternative financing options for your business. You will learn how to discover internal sources of financing and which external sources of financing are suitable for you. You will also learn what conditions should be met for financing.