DUE Thursday

December 15, 2020 3 min read

Long-term financing is necessary to fund expansions or major purchases for a business. There are two categories of long-term financing: Debt and Equity. Most businesses try to create a balance using both types of financing because each type has its own advantages and disadvantages. A finance manager or the CFO will research the options and determine which type of financing is appropriate for the business.

 

 

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