jamal1522
jamal1522 jamal1522
  • 26-03-2021
  • Business
contestada

What is the Best loan option for your
lemonade Stand? Why?

Respuesta :

ayfat23
ayfat23 ayfat23
  • 31-03-2021

Answer:

Short term loan

Explanation:

Lemonade stand can be regarded as a small business, Hence, the loan that suit the business is " Short term loan".

Short term loan can be regarded as loan that can be obtained to give support to ones personal as well as business capital. It is designed for the needs of small business capital with less interest compare to long term loan. The period of payment is usually within a year. It is of low risk and good profit.

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