Question

define midterm financing. discuss the source of mid-term financing​

Answer 1

Answer:

Medium Term finance are sources of finance available for the mid-term of between 3 – 5 years typically used to finance an expansion of a business or to purchase large fixed assets. Enterprise Investment Scheme.

Answer 2

Explanation:

Medium-term sources are the sources where the funds are required for a period of more than one year but less than five years. The sources of the medium term include borrowings from commercial banks, public deposits, lease financing and lo