The purpose of this case study is to give you practice visualizing the different options for short-term financing.
1. Assume you are trying to find short-term financing options for $100,000
2. Use the Internet to locate three different companies that offer short-term financing solutions
3. For each company, please detail out how the $100,000 would be financed (including the requirements, restrictions, specifications, etc.) and what the total cost of financing the $100,000 would be based on timely payments. Then note if anything would change, and how, if timely payments were not made
4. Provide the summary of Step 3 in a chart that a reader can easily compare the important aspects
5. Determine where you think the financing should be obtained and provide the justification for that decision.