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Enterprise Rent A Car Is A Private Company

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When a company requires funs, they usually do so in a form of a bond or a stock, for Enterprise however, that is not the case. Enterprise Rent-a-Car is a private company that does not have any stocks or bonds. Instead, Enterprise focuses on its external sources of equity. A domestic equity offering is offering the US which would be the home country, funds in terms of dollars. “Any funds transferred to subsidiaries have to be converted into the subsidiary’s local currency” (Madura). Being that Enterprise Rent-a-car is a private company, they do not deal with the equity capital or the debt capital strategy. Instead they earn money on investments when someone has to pay out of pocket for car accidents or even medical bills. International Financial Decisions Internationally, Enterprise Holdings operates through its regional subsidiaries and independent franchises also known as Enterprise Rent-A-Car, National and Alamo. These three brands operate in more than 75 countries and territories, including North America , Central America , South America , the Caribbean and Europe , parts of Asia, the Middle East and Africa. Due to its outstanding fleet size, revenue and employee satisfaction, it was named the “Best International Car Rental Company” according to the Travvy Awards. “In 2011, Enterprise 's European operations included only the UK, Ireland and Germany . Today, the company 's three-brand European network covers more than 1,100 neighborhood branch offices and more than 200
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