Usually,trade credit from vendors is expensive,and small business owners should avoid it.

Name: Usually,trade credit from vendors is expensive,and small business owners should avoid it.
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

The statement is false. Trade credit from vendors can be an important source of financing for small businesses and can be a more affordable form of financing than other options such as bank loans or credit cards. However, it should be used wisely and carefully managed to avoid falling into debt.

Usually,trade Credit from Vendors Is Expensive,and Small Business Owners Should