Direct business loans from a limited number of investors to a corporation, with maturity typically ranging from one to ﬁve years, are called:

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Direct business loans from a limited number of investors to a corporation with maturity typically ranging from one to ﬁve years are called term loans. Private placements typically refer to the sale of securities to a small number of accredited investors, debt SEOs refer to debt securities issued through a public offering, notes payable refer to shorter-term debt obligations, and debt IPOs refer to the initial public offering of debt securities.

Direct Business Loans from a Limited Number of Investors to a Corporation