Term Loan – Knowsia

BMF – May 2018 – L1 – SA – Q9 – Basics of Business Finance and Financial Markets

Identifying a source of financing negotiated between a bank and a company for a specific duration.

Question

A source of financing, negotiated between a bank and a company for a duration of 4–10 years at a fixed rate of interest, is called:
A. Finance lease
B. Term loan
C. Acceptance credit
D. Factoring of debtors
E. Preference share

Answer

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Tags: Financing, Long-term Financing, Term Loan
Level: Level 1

Topic: Basics of Business Finance and Financial Markets
Series: MAY 2018

Question Tag: Term Loan

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BMF – May 2018 – L1 – SA – Q9 – Basics of Business Finance and Financial Markets

Identifying a source of financing negotiated between a bank and a company for a specific duration.

BMF – May 2018 – L1 – SA – Q9 – Basics of Business Finance and Financial Markets

Identifying a source of financing negotiated between a bank and a company for a specific duration.

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Identifying a source of financing negotiated between a bank and a company for a specific duration.

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Identifying a source of financing negotiated between a bank and a company for a specific duration.

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