What are the benefits of raising capital via a bill of exchange?
There are several benefits of raising capital via a bill of exchange, including:
- They are a flexible form of financing, as they can be used for a variety of purposes.
- They typically do not accrue interest, so they are an inexpensive form of financing.
- They can be used to finance the purchase of goods between two companies.
- They can be used to provide financing to a company.