(From PARI Daily)
Byline: Ekaterina MARCHOKOVA and Gergana IVANOVA
Hire purchase stimulates sales and enhances companies' liquidity
LEASING is one of the most flexible sales forms. Following the global trends, leasing in Bulgaria has also gained much popularity in recent years. Hire purchase schemes help increase turnover and share the trade risk in the conditions of constantly shrinking consumption and rising intercompany debts.
Installment plans definitely contribute to the increase in sales. They allow those consumers who are short of free resources to buy the commodity they need and pay at a later stage, depending on the scheme and …