Many companies secure financing from various sources with various payback periods. Not all funding sources are the

same, and in fact, some can come with a pretty high cost to the firm. These costs could include high interest rates, long

payback periods, and increased ownership in the firm which could result in lost control.

Please analyze the funding options listed, and determine if the option is usually a short$-$term or long$-$term strategy.

Stock

Line of credit

Commercial paper

Bond

Trade credit

Bank loan of $3$ years

Factoring

Short$-$term financing

Long$-$term financing