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Fundamentals of Corporate Finance, 4/e
Stephen A. Ross, Massachusetts Institute of Technology
Randolph W. Westerfield, University of Southern California
Bradford D. Jordan, University of Kentucky
Gordon S. Roberts, York University
Short-Term Finance and Planning
Internet Application Questions
1
Short-term financing is structured in many different ways. The following site from British Columbia describes different types of short-term credit.
http://www.smallbusinessbc.ca/workshop/shorterm.html
What type of loan will suit the following companies' short-term financing needs?
Small garment store with seasonal sales
Mid-sized pulp producer with level sales
2
In many cases, a straight bank loan may not be the best source if funds. The following link describes a few of the alternative debt sources available to small businesses today.
http://www.smallbusinessbc.ca/workshop/finance.html
Pick any three financing alternatives from the link above, and give an example of a business that would find the particular type of financing attractive.
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