Dimitium National Bank Is Well Known for Lending Money to Companies

Multiple Choice

Dimitium National Bank is well known for lending money to companies who need it as quickly as possible. Any company that takes money from the bank is required to return the amount within six months at an interest at a rate of 12 percent. Which of the following short-term financing options is being offered by Dimitium National Bank in the given scenario?

A) Trade credit
B) Factoring
C) Short-term bank loans
D) Bank debit