What is Finance?

Money is the fuel that drives any economy. It serves as the common denominator that brings all economic activities together and makes them productive. Without money in its economy, no business can survive because without money to purchase raw materials, tools and machines, businesses cannot function. Money also acts as the driving force for business corporations, banks, brokers, investors, etc., which in turn, lend, borrow and distribute money.

Finance is a broad concept that includes several activities related to banking, borrowing, leveraging, investments, financial markets, money, derivatives, equities and financial goods. Essentially, finance refers to the entire process of getting needed funds and managing them. In short, it is about the management of capital and financial risk. Different types of financial services that are part of the broader field of finance are asset management, corporate finance, merchant finance, commercial real estate finance, distressed property financing, etc.

Financial advisers are professional money managers that provide advice on money and financial issues. Their role is very important because they help companies develop sound money management practices so that they can be able to cope up with changing circumstances and thrive in an unpredictable market. They assist companies in raising required funds through various forms of lending institutions. In order to facilitate better business transactions and make it easier for the borrowers to access loans, many banks offer specialized commercial loan brokers and finance-related services. For more information on finance and other related topics, one can browse the website of reputable financial investment advisers.