Advantages and disadvantages to a company in using short-term financing

Description

  1. What are some advantages and disadvantages to a company in using short-term financing?
  2. copy and paste the link below to access the document to answer #2
https://www.chegg.com/homework-help/questions-and-answers/first-spend-couple-sentences-summarizing-text--answer-following-text-speaker-mentioned-sma-q19998211

In the text, the speaker mentioned that for a small business, having payment terms is like using "free money" for a while.What do you think this means? And in your personal financial life, can you think of a situation where you also have access to using free money for a little while every month?

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