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Koch concentrated on securing long term loans.
Term loans involve more risk to the lender than do short-term loans.
In some cases, lines of credit became term loans.
Turning on the money tap allows companies that need overdrafts and short term loans to survive, while others can make investments through longer-term loans.
Short term loans are sometimes taken out and secured against the freehold title.
All the original short term loans were paid on time and with interest.
Similar(49)
Short-term loans are flowing.
It financed itself with short-term loans and made long-term loans.
Last year, it defaulted on many short-term loans.
However, local banks will frequently offer only short-term loans.
It also provides long-term loans to the company.
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