Definition of «access to funds»

The term "access to funds" refers to having access or being able to obtain money from a financial institution, such as a bank account or credit line. This can include checking accounts, savings accounts, loans, lines of credit, and other sources of financing that allow individuals or businesses to draw upon available funds for various purposes, including making purchases, investments, or covering expenses. Access to funds is important because it enables people to carry out financial transactions, manage their finances effectively, and achieve their goals, whether personal or professional.

Usage examples

Access to funds can refer to having the ability to withdraw cash from a bank account or an ATM.
Access to funds can also refer to having the capability to transfer money online or through mobile banking.
Individuals who have access to funds can manage their expenses more effectively and have greater financial flexibility.
Businesses with access to funds can invest in growth opportunities, make purchases, and meet their financial obligations.
Access to funds may be restricted by financial institutions based on factors such as creditworthiness, account balance, or transaction limits.
In some cases, access to funds may be required to demonstrate financial stability or prove the availability of resources for a specific purpose, such as obtaining a loan or securing a rental property.
Limited access to funds can lead to financial difficulties, inability to pay bills, or delays in meeting financial commitments.

Phrases with «access to funds»

Sentences with «access to funds»

Still, for those who want quick and easy access to funds for a major purchase, vacation or an emergency, bank - based accounts can be invaluable. (traditionalira.com)
Here are four ways your clients can get access to those funds for upfront costs. (realtormag.realtor.org)
You will still get your investment back if you hold until maturity, but I suspect that many seeking safety might need access to these funds in the interim. (oldprof.typepad.com)
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