The least expensive form of short-term financing is
A) trade credit.
B) promissory notes.
C) unsecured bank loans.
D) secured bank loans.
E) factoring.

Name: The least expensive form of short-term financing is A) trade credit. B) promissory notes. C) unsecured bank loans. D) secured bank loans. E) factoring.
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Question

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Trade credit is the least expensive form of short-term financing because it involves delaying payment to suppliers for goods or services received, meaning no interest or fees are incurred.

The Least Expensive Form of Short-Term Financing Is