Financing refers to the provision of funds or capital to support a business, project, or individual. It involves obtaining money from various sources such as loans, investments, or grants to meet financial needs.
Businesses seek financing to cover operational costs, expansion, or investment in assets. Individuals may secure financing for education, home purchases, or other significant expenses.
The financing process often includes negotiating terms, interest rates, and repayment schedules. Effective financing is crucial for economic activities, enabling entities to achieve their goals and sustain operations by managing financial resources efficiently.