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Explain two benefits a firm can gain by borrowing.
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13 votes
Explain two benefits a firm can gain by borrowing.

User Valiano
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27 votes

Answer:

Advantage: It Allows You to Make Large Purchases

Some of the things you can purchase with the help of a bank loan include property, vehicles, and machinery. Banks offer a massive benefit here because, without them, it would not be easy for many people to start businesses or grow them

User Ahmelsayed
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