Busıness Fınance Iı Deneme Sınavı Sorusu #979463

Which of the followings is an example of long-term loans?


Mortgage.

Payday loans.

Credit card debts.

Revolving credits.

Overdraft.


Yanıt Açıklaması:

The funding provided by the banks are classified into short-term loans (payback period up to 1 year), medium-term loans (payback period 1 to 5 years) and long-term loans (payback period over 5 years, up to about 30 years such as for mortgage credits. Therefore, the correct option is A.

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