Chapter 9 Commercial Loans

Question 0

Term loans

Answer 0

Finance tournament working capital equipment real estate business expansion or acquisition of another business

Question 1

Commercial lending

Answer 1

Is lending to business enterprises

Question 2

Short-term loans

Answer 2

Are for a year or less and a business may have many of them in sequence or even concurrently to finance expenses

Question 3

Bridge loans

Answer 3

Are particular form of short-term loans used to cover expenses until long-term financing is in place