Explain the difference between direct and indirect finance.

Part $2$

The difference is that

A$.$

indirect finance is the process through which ultimate borrowers channel funds to ultimate lenders through financial$$ intermediaries, while direct finance does not include financial intermediaries.

B$.$

direct finance is the process through which ultimate lenders channel funds to ultimate borrowers through financial$$ intermediaries, while indirect finance does not include financial intermediaries.

C$.$

indirect finance is the process through which ultimate lenders channel funds to ultimate borrowers through financial$$ intermediaries, while direct finance does not include financial intermediaries.

D$.$

direct finance is the process through which ultimate borrowers channel funds to ultimate lenders through financial$$ intermediaries, while indirect finance does not include financial intermediaries.