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There are many different kind of short-term financing options that companies can choose that will help the cash flow of the company. Some types of short-term financing are: overdrafts, short-term loans, bills of exchange, credit cards, line of credit, promissory notes/commercial paper, inventory loan, letters of credit, and factoring. The two companies that were benchmarked used line of credit, credit card, and short-term loans. The two companies that were benchmarked are: Catholic Charities and Idaho Airships, Inc.
Both companies have a lot of similarities and lot of differences than Lawrence Sports...
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