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Author Question: What do most lenders require on unsecured loans to protect themselves from default while the loan is ... (Read 966 times)

elarge

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on: May 9, 2022

Question 1

The primary purpose of short-term financing is to ________.
◦ ensure the company can meet its current liabilities
◦ pay for start-up costs
◦ raise capital to pay for expansion plans
◦ lower the cost of capital
◦ eliminate the need for collateral

Question 2

What do most lenders require on unsecured loans to protect themselves from default while the loan is outstanding?
◦ Minimum amount of money on deposit
◦ Lines of credit
◦ Collateral
◦ Factoring agents
◦ Leverage
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Marked as best answer by elarge on May 9, 2022

labrinker

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Reply #1 on: May 9, 2022
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elarge

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Reply 2 on: May 9, 2022
YES! Correct, THANKS for helping me on my review

LVPMS

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Reply 3 on: Yesterday
Excellent

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