Short, medium & long-term finance

IB Business Management: Short, medium & long-term finance

Businesses match the type of finance with the purpose of use. For example, short-term finance such as a bank overdraft is suitable for funding day to day operations. By contrast, long-term finance such as a mortgage can be used to finance the purchase of premises.There is no universally accepted definition of short, medium and long-term finance, but the approximate time frames are outlined in the section below.

To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.