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Financing Sources (Promissory Note (A promissory note is a documente given…
Financing Sources
Promissory Note
A promissory note is a documente given by a bank in which they specify de agreement and conditions of the loan.
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Commercial Paper
It´s an agreement to a short term period, given by big firms that wants to borrow a short term basis.
Usually in quantities of 100,000 and an interest rate below the prime rate.
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