An aggressive financing policy occurs when the firm finances all of its fixed assets with long-term capital, but part of its permanent current assets with short-term, nonspontaneous credit. There are degrees of aggressiveness, in fact, a firm could choose to finance all of its permanent current assets and part of its fixed assets with short-term credit; this would be a highly aggressive position, and one that would subject the firm to the dangers of rising interest rates as well as to loan renewal problems.