Checkpoint Short-Term Financing

When it comes to short-term financing, companies have several different resources to choose from. The largest provider is the manufacturer or seller of goods. Our text states that 40% of short-term financing is processed in the form of accounts payable or trade credit. A company’s accounts payable is known as a spontaneous source of funds that grow and decline as needed. The growth and declination of funds is valuable to the company in the ability to attain short-term financing
Powered by