Short-Term Financing Strategies
In business, there are various strategies used to finance current assets – long-term and short-term debt. Short-term financing is business financing that is usually obtained for a short term of up to one year or less. According to Chandra (2003), short-term finances are to be paid back within one year or less. Further noted, short-term financing is used during seasonal downswings to meet a fluctuating […]