Loans of commercial finance companies to small businesses

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Reference no: EM132196833

1. Typical short term loans are for:

purchase of more inventory.

purchase of computers.

have positive cash to pay other debts.

All of these

2. The loans of commercial finance companies to small businesses:

tend to be for less than a commercial bank but at a lower interest rate.

are offered based on the company's balance sheet.

tend to be at a lower interest rate but are harder to get.

are in many of the same forms as commercial bank offers.

3. When a small business owner doesn't want to make a pricing decision, he/ she can use a/(an) price strategy

4. Think back to a coupon or a promotion that you either received on the back of a store receipt, in the mail or emailed to you. Identify the product or service that you purchased and describe the connection between the two.

Reference no: EM132196833

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