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
2025-06-19
18
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,thatis,for period of less than one year.可以看出。
转载请注明原文地址:https://tihaiku.com/zcyy/4125444.html
相关试题推荐
Commercialbanksthatsupplyservicestoothercommercialbanksarecalledc
Commercialbanksthatsupplyservicestoothercommercialbanksarecalledc
Thecentralbankusuallyactsasalenderoflastresorttoprotectcommercialb
Commercialbanksprovidelong-termmortgageloanstoborrowers(consumers)to
Commercialbanksprovidelong-termmortgageloanstoborrowers(consumers)to
[originaltext]Banker’sacceptancesareaveryoldformofcommercialcredi
[originaltext]Banker’sacceptancesareaveryoldformofcommercialcredi
Bankingorganizationsarehighlygeared,muchmorethancommercialorindust
Bankingorganizationsarehighlygeared,muchmorethancommercialorindust
Bankingorganizationsarehighlygeared,muchmorethancommercialorindust
随机试题
Themothersatbythewindow______theholeinhercoat.A、healingB、resumingC、
Itsoundslikeasciencefiction,butresearcherssayit’sascientificfact
DearSirs,WeareinreceiptofyourletterdatedMarch20.Forthepurpose
Veryfewpeoplecangetacollegedegreebefore11,butMichaelwasan【B1】__
PathsofGloryA)Whatyounoticefirstaboutthetwo
水力粗糙管内的受迫对流传热系数与管壁的粗糙度密切相关,粗糙度的增加提高了流体的流
口角糜烂常见于A.严重脱水 B.出血性疾病 C.真菌感染 D.维生素B缺乏
人在每一瞬间,将心理活动选择了某些对象而忽略了另一些对象。这一特点指的是注意的(
(2016年真题)贷款合同管理是指按照银行业金融机构内部控制与风险管理的要求,对
透析患者用药时错误的用法是A.透析患者服用钙剂同时服用铁剂 B.透析患者每天补
最新回复
(
0
)