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The two most common types of operational plans are
Loan Agreement
A formal contract between a borrower and a lender outlining the terms and conditions of the loan, including interest rates and repayment schedule.
Installment Notes
A debt instrument that requires a series of payments over time, often used for financing purchases.
Payment Pattern
The typical manner or schedule in which a business or individual settles their financial obligations, such as monthly or quarterly payments.
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