The securities market is where financial instruments can be bought and sold by investors Wholesale Cigarettes Newport. Often times the need to raise large amounts of capital cannot be done solely by direct financing. That's the need for indirect financing. There are some problems with direct financing. For one thing very few consumers can transact in these markets and another problem is that a lender will want direct claims precisely with the characteristics that make the security more marketable Cheap Cigarettes Wholesale.
For example a student needs the proceeds from the student loan to pay for his tuition and books at the beginning of the spring semester Cheap Cigarettes Outlet. Therefore he probably would not want to invest its funds in a 30 year corporate bond because it has longer maturity than he needs. On the other hand the corporate bond market is much more risky and the student may not want to risk having the price of bonds go down thereby jeopardizing his ability to pay his tuition nor would he want to take on risk acting on forex trading tips Newport Cigarettes Coupons. In this scenario, direct lending does not suit this borrower because he cannot get the terms that facilitates a workable maturity horizon Cigarettes Online USA. To put it simply, he needs a more flexible manner to which to pay back the principal.