Question

Question

Which of the following is often used for operating expenses?
Responses

Lump loans
Lump loans

Short-term loans
Short-term loans

Intermediate-term loans
Intermediate-term loans

Large loans

Answer 1

Short-term loans are often used for operating expenses. They provide quick access to funds that businesses need to cover immediate costs, such as payroll, inventory, and other day-to-day operational needs.