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What is Understanding Short-term Finance Options about?

Short-term finance deals with raising money for periods ranging from a few days to one year. The main sources of short-term finance include trade credit extended by suppliers for 30-90 days without interest; consumer credit or customer advances provided by manufacturers for special orders; installment credit from equipment suppliers spread over time; accounts receivable financing where a company receives advances based on unpaid customer invoices; and bank credit in the form of loans.

Author

raiza

Language

EN