Short Term Financing Flashcards
1
Q
What are the two kinds of short term financing
A
Spontaneous
negotiated
2
Q
What are the examples of spontaneous financing
A
accounts payable
accruals
3
Q
Under accounts payable, what are the kinds of credit agreement?
A
seasonal dating
open account
conscription
4
Q
What are the two kinds of negotiated short term financing
A
secured
unsecured
5
Q
What are the examples of unsecured negotiated short term financing
A
short term loan
Overdraft
revolving credit agreement
unsecured notes
6
Q
What are the examples of secured negotiated short term financing
A
Accounts receivable financing
Accounts receivable factoring
inventory financing
7
Q
What are the examples of inventory financing
A
floating inventory lien
trust receipt inventory loan
warehouse receipt loan
