The type of financing resource that Kiran is using trade credit.
When products and services are purchased on credit, one merchant will lend money to another. Supply purchases can be made with trade credit and delayed payment. Organizations in the business world frequently use trade credit as a form of short-term funding. It is given to clients with a respectable level of financial standing and goodwill.
Trade credit comes in a variety of widely used formats. The use of customized forms varies across sectors. They all have in common how firms work together to deploy money effectively to achieve diverse business goals.
Most business-to-business (B2B) sellers in the US use trade credit as their primary source of capital and as their greatest method of capital expenditure.
To learn more about trade credit, visit:
https://brainly.com/question/28178211
#SPJ4
