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They will need to compare other sources of funding with the benefits and risks involved with remaining with the rich relative.
Trade Credit
Trade credit is the credit extended to businesses by suppliers who let them buy now and pay later. The advantage of trade credit is the ability to take delivery of materials, equipment or other valuables without paying cash on the spot. The practice of trade credit can also help to establish a good working environment between suppliers and the business.
Most suppliers unfortunately will not offer trade credit to a new business that they have not established a working relationship...
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Common topics in this essay:
- Credit Card Debt
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- Don't Let Credit Cards Rule Your Life
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- credit card secrets
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