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Question:

What type of finance should be used to finance the purchase of heavy machinery?

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Answer:

What type of finance should be used to finance the following: a) purchase of heavy machinery Preferably from shareholders, either by issuing common stock or debentures. Otherwise, a finance lease or regular loan from a bank. b) building of new premises Mortgage loan from a bank. c) a short term liquidity problem Temporary bank overdraft, or deferred credit, e.g. issuing notes payable to creditors, or factoring accounts receivable

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