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Which source of funding would be appropriate to finance a large-scale capital investment program? An overdraft facility with the company's primary bank. A 12-month loan,

Which source of funding would be appropriate to finance a large-scale capital investment program?

An overdraft facility with the company's primary bank. A 12-month loan, repayable with a bullet payment at the termination date. Funding raised using invoices outstanding with clients as security for the loan. A 10-year loan, secured against the assets purchased as part of the capital investment program.

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