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Swift Coupon Redemption Services is expanding its call center to handle an upswing in business. It would like to finance the new cubicles, phone system,
Swift Coupon Redemption Services is expanding its call center to handle an upswing in business. It would like to finance the new cubicles, phone system, and computers it will purchase and install over the next two months; the center should be fully staffed and operational in six months. Which combination of disbursement terms and repayment schedule is most appropriate for this purpose? Disburse loan funds in one lump sum; repayment should be in equal installments over the expected useful life of the assets: Disburse loan funds in two months after all purchases have been made; repayment will be in one lump sum at the end of one year of operation. Disburse loan funds as items are purchased over the next two months; repayment should be in equal installments over the expected useful life of the assets. Disburse loan funds as needed for the purchases; repayment will be in one lump sum in six: months
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