Thursday, October 19th 2017

Question

What is long term financing?

Interesting Question?   (4)   (6)



Answers (1)

28th Oct 2009 by Gary

While it depends upon what you're financing, normally long term financing is thought of in terms of 15 years or longer. But again, because almost every sector you're buying something in looks at long and short term loans differently, it's hard to define exactly what it is.

For example, long-term financing of a home is usually considered to be 25 to 30 years, while long term financing of a car would be 5 years. So it varies from industry to industry and product to product.

In retail businesses, long term financing could be several months, while short term financing in many cases is 30 days.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



27th Oct 2009 In Finance 1 Answers | 412 Views
Subjects: financing, long term financing,

Answer This Question / Give Your Opinion
What is long term financing?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *


Give Your Opinion
What is loan protection Insurance?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is loan protection Insurance?
Unanswered Questions in Finance
What is a credit line?
Chances of getting a loan?
When to not to get a home loan?
Will cancelling a credit card hurt my credit score?
What is Home Equity Borrowing?

Answered Questions in Finance
What is mezzanine funding?
What is loan forgiveness?
What is a farm loan?
What are the different types of home equity loans?
What is long term financing?
Ask A Question
Get opinions on what you want to know:
Specific to any country?