Short-term financing is less expensive than long-term financing but it has an increased level of risk.

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Sikander Singh · Accepted Answer

Final Answer : True, Explanation :  Short-term financing typically has lower interest rates or costs than long-term financing. However, because it must be repaid in a shorter period of time, there is a higher risk of default or inability to repay the loan.

Short-term financing is less expensive than long-term financing but it has an increased level of risk.

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