Business Studies, asked by ritikasingh231994, 8 hours ago

Explain the credit facilities involved in financing?

Answers

Answered by mu6381706
1

Answer:

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Explanation:

A credit facility is a type of loan made in a business or corporate finance context. It allows the borrowing business to take out money over an extended period of time rather than reapplying for a loan each time it needs money.

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