Self-liquidating loans are used to finance temporary or fluctuating working capital accounts.

Name: Self-liquidating loans are used to finance temporary or fluctuating working capital accounts.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Self-liquidating loans are specifically designed to finance short-term needs, such as temporary or fluctuating working capital requirements, and are repaid from the proceeds generated from the assets or business activities they were used to finance.

Self-Liquidating Loans Are Used to Finance Temporary or Fluctuating Working