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What is generally the largest source of short-term credit SMALL

Resolved Question:

What is generally the largest source of short-term credit SMALL FIRMS

A. Bank Loans
B. Commercial Paper
C. Installment Loans
d. trade Credit
Submitted: 6 years ago.
Category: General
Expert:  Anna replied 6 years ago.

For most small businesses, what is called "trade credit" is largest source of short term credit. This is when one business buys something from another on credit. Some firms use a business credit card, while others are given credit for 30 to 90 days by the company they are purchasing from. In that case, accounts payable would be the form of credit.

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