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As a part of their expansion plan, Pepsico is planning to buy a new fleet of cars in 2021. Ordinarily, they would resort to their
As a part of their expansion plan, Pepsico is planning to buy a new fleet of cars in 2021. Ordinarily, they would resort to their bank to take long-term financing to fund the purchase. However, the company is already highly leveraged and the bank refused to give them additional funding.
- What is their best option now if they insist on buying the cars?
- Would this type of finance be short or long term?
- What kind of advantages does Pepsico have if it resorts to this type of financing?
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