首页
登录
职称英语
Well over half of all bank commercial loans are made for a short term, that
Well over half of all bank commercial loans are made for a short term, that
游客
2025-06-20
24
管理
问题
Well over half of all bank commercial loans are made for a short term, that is, for period of less than one year. Of these loans, about half are made on an unsecured basis to seasonal businesses and to borrowers with short-lived and project-oriented needs for funds. Secured short-term borrowers typically are less strong financially or are untested businesses without an earnings record. The most common type of short-term loan is the working capital line of credit extended to financially strong borrowers who have seasonal swings in their operations. Retailers and seasonal manufacturing firms are regular users of such credit. Through the line-of-credit commitment, a bank indicates its intention to honor borrowings up to the amount of the line. The amount is established on the basis of the customer’s proforma peak funding requirement, and it assures the borrower of the availability of funds to finance bulges in working capital as sales expand and contract. The line of credit facility is very flexible and overcomes the need to extend a series of separate short-term loans. The customer "takes down" only parts of the line as the need arises, so that redundant borrowings are unnecessary. Loan interest is charged on only the amount actually borrowed, and the loan may be repaid as reflows of cash to the firm occur when seasonal sales decline. [br] The periods of short-term loan is less than one year.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
A
解析
第一段第一句Well over half of all bank commercial loans are made for a short term, that is, for period of less than one year.可以看出。
转载请注明原文地址:http://tihaiku.com/zcyy/4126519.html
相关试题推荐
Themostliquidassetofcommercialbanksis______.A、theirholdingsofgovernmen
Thelargestassetofcommercialbanksis______.A、theirportfolioofsecuritiesB
Allofthefollowingarefinancialintermediariesexcept______.A、commercialbank
Unlikecommercialbanks,otherdepositoryfinancialintermediariesdonothavet
Thelendingabilityofcommercialbanksincreaseswhenthe______.A、reserveratio
Ifacommercialbankwishedtoimprovetheliquiditypositionofitsassetportf
Whichofthefollowingbankingactsallowedcommercialbankstogetintoinvestm
Welloverhalfofallbankcommercialloansaremadeforashortterm,that
Welloverhalfofallbankcommercialloansaremadeforashortterm,that
Commercialbanksprovidelong-termmortgageloanstoborrowers(consumers)t
随机试题
Lookingtoimproveyourlanguageskills,butyoudon’thavethetimetogoo
ThoughtsofsuicidehauntedAnitaRutnamlongbeforeshearrivedatSyracuse
[originaltext]Swedishfathersfromnextyearwillreceiveathirdmonthof
DidGrandmaseemforgetfulattheholidaypartieslastmonth?Itcouldbeti
随着新一轮基础教育课程改革的不断深化,对教师素质的要求也在不断提高。下列属于对教
在统计国内生产总值时,一般以“常住居民”为标准。常住居民是指( )。 Ⅰ.居
影响回购协议利率的因素有()。 Ⅰ抵押证券的质量 Ⅱ回购期限的
庞某有1辆名牌自行车,在借给黄某使用期间,达成转让协议,黄某以8000元的价格购
集体合同中劳动报酬和劳动条件等标准不得低于当地人民政府规定的最低标准。()
A.继发性宫缩乏力 B.原发性宫缩乏力 C.高张性宫缩乏力 D.正常子宫收
最新回复
(
0
)