To meet the business's immediate demands, short-term financing is required. Taxes, salaries, wages, maintenance costs, and payments to creditors are all examples of current demands. Because sales income and purchase payments are not always completely equal, short-term financing is required. When compared to purchases, sales might be modest at times. Additional sales may be made on credit, while purchases are made with cash. As a result, short-term financing is required to compensate for this imbalance. Write For Us Finance blog is an excellent way to sharcenterede your expertise and experience with others.