Which of the Following Is False Concerning Asset Based Lending

Which of the following is false concerning asset based lending?

A) Asset based lending generally as lower loan rates than unsecured loans for the same degree of safety.
B) For asset based loans collateral is typically matched with the use and term of the loan.
C) For asset based lending, determining the value of the assets to be pledged as collateral, including how liquid and marketable they are is important, and for accounts receivables, the quality of the accounts, including evaluating concentration of large accounts that could default.
D) As a rule of thumb the maximum loan to value ratio for lending is 40 to 60% against raw materials and finished goods inventory and 50 to 80% against accounts receivables depending on the aging schedule and collection experience.