What is short term financing?

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28th Oct 2009 by Gary

Like long term financing, short term financing can't be defined until you narrow it down to what product or service you're wanting to finance, along with what particular sector you're financing it within.

Manufacturing financing is much different than retail financing as to lengths of time, as it is with consumers with buying a home or a car, among other items. Either way, short term financing is of course of much shorter duration no matter what you're financing, and the payments as such will by higher on a monthly basis because of that, although because of the shorter length, costs are usally lower.

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26th Oct 2009 In Finance 1 Answers | 643 Views

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