which of the following best explains why it is easier for a business to get short - term financing?\nthe…

which of the following best explains why it is easier for a business to get short - term financing?\nthe business does not have to prove it is creditworthy.\nthe amount borrowed for short - term loans is usually small.\nbusinesses can resell short - term loans to other banks.\nlending institutions prefer to offer short - term rather than long - term loans.

which of the following best explains why it is easier for a business to get short - term financing?\nthe business does not have to prove it is creditworthy.\nthe amount borrowed for short - term loans is usually small.\nbusinesses can resell short - term loans to other banks.\nlending institutions prefer to offer short - term rather than long - term loans.

Answer

Brief Explanations:

Short - term loans typically involve smaller amounts. Lenders are more willing to take on the risk associated with smaller sums, making it easier for businesses to obtain such financing. A business still needs to prove creditworthiness, short - term loans can't usually be resold to other banks by businesses, and lending institutions don't necessarily prefer short - term over long - term loans in all cases.

Answer:

The amount borrowed for short-term loans is usually small.