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Treasury
Why is there a discrepancy between the expenses incurred and the income? We explain it here.
Mismatch between expenditure and revenue
There are several reasons for this:
- Uncollected receipts
- A staff commitment
- Increased stock to meet the demand of new customers
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This shift is called the BFR (working capital requirement). It can be positive if the revenue is lower than the expenses incurred.
A decisive choice
This funding can be distinguished into two categories:
1 - Cash credits allowing you to have a debit account through an overdraft facility or an authorized overdraft,
2- Medium-term credit, i.e. credit of 1 to 5 years.
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