Term loans are also a substitute for a series of short-term loans made with the hope of renewal by the borrower.
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Q4: To keep trade credit open,the full balance
Q5: Line of credit funds are used for
Q6: Commercial banks typically avoid existing businesses with
Q7: A factor assumes the credit risk,does credit
Q8: Owners of creditworthy companies with excellent records
Q10: To lessen the risks involved in term
Q11: Banks will lend to a startup if
Q12: Time-sales financing is a way for a
Q13: Finance companies have reasonable prepayment penalties.
Q14: Lines of credit must be secured by
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