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Short term money, Commercial loans from finance companies, Trade credit

Posted by test on 03/11/2020
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Short term money, Commercial loans from finance companies, Trade credit

The main sources of short term money are (1) trade credit, (2) commercial loans from banks, (3) commercial report, a certain as a type of promissory note, and (4) guaranteed unsecured loans.

A business customarily buys its materials and products on credit off their particular businesses, tracking the debt as being a no-cost account payable.

This trade credit, as it is generally called, may be the category that is biggest that is solitary of credit. Continue Reading

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