Business, 26.03.2020 05:14 stackpoolekrysp71si4

Shelly has a business that requires her to take out a loan to finance short-term working capital needs since she extends credit repayment terms to her customers. Her working capital needs vary over time depending on her customer orders. The best type of loan financing for this is a.

a. Revolving loan
b. Term loan
c. Secured loan
d. None of these are correct

Answers: 3

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