This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: at the best interest of the company. Most short-term financing could have a higher credit rate for the company. This would be purchasing materials on credit to be paid back over the course of a year or less. This would bring in money to the company because of the product they will be turned into. If a company was to purchase a new machine that makes the product faster and needed less people to operated it. They would have purchase this on credit to be paid back over time. This will cost the company less money in labor hours plus they will be able to produce more products for consumers to purchase. Both types of financing will help when the company is growing to bring in more cash flow....
View Full Document
- Spring '09