Financial creditors

Financial creditors are individuals or organizations that lend money to a business or individual, such as banks, financial institutions, or bondholders. They provide capital with the expectation of being repaid the principal amount plus interest. These creditors have a legal right to recover their funds and often have priority over other types of creditors, like suppliers, in the event of the borrower’s financial difficulties. Their primary concern is the repayment of the loan or debt, making them crucial in financing business operations and growth.