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There are two main purposes for a loan guaranteed by financial obligation.

There are two main purposes for a loan guaranteed by financial obligation. Pros and cons Features of commercial paper include reduced borrowing costs; term freedom; and much more liquidity alternatives for creditors because of its trade-ability. Drawbacks of commercial paper include its restricted eligibility; reduced credit restrictions with banks; and reduced reliability due to its strict oversight. Asset-Backed paper that is commercialABCP) Asset-Backed paper that …