Banks
A lender of finance. are organisations that lend finance to other organisations. They offer loans and mortgages, which are paid back in full, and with The charge on money loaned from a bank..
The Bank of England
Banks have an interest in a business doing well so that they:
- ensure the organisation can pay their loans in full and on time
Banks can influence how a business operates by:
- permitting or denying loan requests
- changing interest rates on loans offered
- changing repayment lengths
