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What is medium term finance?

Updated: 4/28/2022
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13y ago

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To finance a business for a period of more than a year but less than 10 years is called intermediate financing. Such type of finance is obtained for expansion and modernisation of existing plant. It is also needed for the purchase of assets, costly raw material. It may be used to meet the cost of maintenance, repair, improvement and betterment of plant. Lastly, it can be used to repay the short term loans.

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13y ago
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13y ago

anything else with a term longer than the short term but shorter than the long term

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