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Danita needs urgent financing to pay her suppliers and pay the wages for her workers. What type of capital does she need?

Danita needs urgent financing to pay her suppliers and pay the wages for her workers. What type of capital does she need?
asked 155k views
3 votes
Danita needs urgent financing to pay her suppliers and pay the wages for her workers. What type of capital does she need?

asked
User Anshul Bansal
by
8.3k points

2 Answers

5 votes

the type of capital she needs is the same amount of income.

answered
User Kivikall
by
7.9k points
5 votes

Answer:

A bank loan is a contract between you and a bank, where you get a loan now and promise to pay the bank in the future, plus interest.

Step-by-step explanation:

answered
User Manish Khot
by
7.8k points
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