Finance global organization is a modern concept and it refers to those organizations or associations that lend money to companies and clients in order to carry out business. They collect funds from investors and lend them to financial institutions and companies looking for such funds.
Through their activities, they channelize the accumulated capital in the right direction. Thanks to globalization, this business has transcended the barriers of the local territory and is now flourishing in the foreign markets as well. The market around the world for finance organizations have merged and these companies also provide loans and services to overseas clients.
The localized and isolated markets are now out of the equation. As the number of global finance organizations is increasing over the passage of time, the existing companies are facing stiff competition to retain their customer base.
Corporate houses anywhere in the world can use the financial resources of international investors. The global finance organizations make use of strategies and techniques to gain, manage and make use of capital assets.
These companies also provide services like giving funds for starting business, searching for potential investors, facilitating mergers and acquisitions and selling stocks of companies on a global basis. A host of global finance professionals like banks, private investors, venture capitalists, brokers and corporate financial experts are involved in carrying the day-to-day business activities of these companies.
The various types of global finance organizations are banks, building societies, credit unions, stock brokerage firms, non banking financial institutions, asset management firms, insurance companies and other types. They also act as mediators in stock markets and debt security markets. The finance organizations deal with stocks, bonds, budgeting, investing, borrowing, lending, hedging, portfolio management, insurances and other such related activities. The payment plans of finance global organizations are flexible and they also supply long-term leases. Besides, they provide credit for the purchase of consumer goods and services. The global finance organizations collect unpaid customer accounts from the businessmen at a discount and also collect the unpaid customer payments.
Last Updated on : 1st August 2013