FIN 375 Week 5 DQs
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Week 5 DQs
DQ 1
- What are the differences between short- and long-term financing?
- What are some of the popular types of short-term financing available to small businesses?
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Suppose you own a small business. What is a situation where short-term financing would be beneficial for your company? Explain why.
- What are the differences between short- and long-term financing?
In short-term funding the interest rates are usually reduced and may be repaid more easily. For instance, short term loans usually have 60, 90, or 120 day pay-back periods, or in certain cases, they are interest free for 1, 2, or 3 periods. The important problem to keep in mind in receiving a short term loan is, these types of loans should always be paid back on time, or the pay back rates...
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Published On:
12/21/2019
Last Updated:
12/21/2019
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