One of the advantages of an overdraft facility,from the viewpoint of a borrower,is it can be used to smooth out any seasonal mismatch between its cash inflows and outflows.

Name: One of the advantages of an overdraft facility,from the viewpoint of a borrower,is it can be used to smooth out any seasonal mismatch between its cash inflows and outflows.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Once the overdraft limit has been established a company may draw down the funds at any time without notice.

One of the Advantages of an Overdraft Facility,from the Viewpoint