Business Studies, asked by samyukthavenkatesh29, 9 months ago

Explain the sources of short-term finance.

Answers

Answered by BhaiBhen4ever

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Answered by Anonymous

Answer:

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Here is your answer mate______☺️

Explanation:

Short-term financing comes due within one year. The main sources of unsecured short-term financing are trade credit, bank loans, and commercial paper. Secured loans require a pledge of certain assets, such as accounts receivable or inventory, as security for the loan.

Hope it helps you

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