BUSFIN_2ND QUARTER

 refers to the methods and types of funding a business. Uses to sustain and grow its operations.

• refers to a credit extended with a maturity period of less than one year from the time credit is granted.

The short-term credit may either be secured or unsecured

means that the funds borrowed are backed up by collateral in which a specific asset is pledged in the event that the amounts borrowed, including related interests and penalty, are not settled.

refers to financing granted without a specific asset used as collateral for the amount borrowed.

FACTORS IN SELECTING THE SOURCE OF SHORT-TERM FINANCING (ACRF)

SOURCES OF SHORT-TERM FINANCING (ASB CPAI)

• the mixture of long-term liabilities and capital

TYPES OF BUSINESS LOANS (WFFH)

• are a type of short-term business loan designed to help businesses cover their regular operating expenses.