Sworn Construction Statement. One of the documents required by a lender is a sworn construction statement from a building contractor. A sworn statement is an itemized list of all individuals and companies who have provided improvements, materials, or labor toward the construction project. This includes bids from subcontractors and suppliers for all labor and specific materials that go into the construction of the property.
Investment Characteristics. Most commercial paper has a maturity of about 45 days, and most are less than 90 days, although some commercial paper has a maturity of up to 270 days. The terms of the commercial paper is determined by a number of factors. One factor is the market.
â¢ Short-term notes payable  Line of credit A line of credit is an arrangement with the bank whereby the company can borrow up to a certain specified amount for a short-term period of time (normally less than one year).  Secured loans A short-term loan is normally secured by accounts receivable and/or inventory. â¢ Commercial paper  Large companies with good credit may offer notes in for form of commercial paper. These are short-term unsecured notes that are traded among banks and private investors.