FIN200 Week 5 CheckPoint Long-Term and Short-Term Financing

FIN200 Week 5 CheckPoint Long-Term and Short-Term Financing...

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Long-Term and Short-Term Financing Long-term and Short-Term Financing Gregory Mann University of Phoenix Xeco 212
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Long-Term and Short-Term Financing During the course of running a business, a company will face many debts and liabilities in the operation of their business. To obtain the necessary financing the company must decide if their needs are that of a short-term or long-term basis. The short-term and long-term financing options both have benefits available to the business owner. Depending on the individual needs of each business, finding the source for the financing and what type is appropriate for their needs should be determined first. Short-term financing is a source of funding that provides capital for businesses that is structured to be paid back in a year or less. Short term financing options can include many sources. Types of short-term financing include short-term loans, letters of credit, promissory notes, over drafting, and inventory loans. The business may have the need to have operating
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This note was uploaded on 10/21/2010 for the course FIN 200 AAAA0RWSC4 taught by Professor Mchenry during the Spring '10 term at University of Phoenix.

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FIN200 Week 5 CheckPoint Long-Term and Short-Term Financing...

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