Farmers Savings Co.agreed to extend Eckert's Orchards $200,000 of unsecured short-term funds,contingent upon the bank having the funds available.This arrangement represents a:

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A line of credit is an agreement between a borrower and a lender in which the lender agrees to provide a certain amount of funds to the borrower on an as-needed basis, up to a specified limit. In this case, Farmers Savings Co. is agreeing to provide up to $200,000 of unsecured short-term funds to Eckert's Orchards as needed, as long as the bank has the funds available. This is consistent with a line of credit arrangement, which provides flexibility for the borrower to access funds as needed without having to go through a new loan application process each time. A pledge agreement typically involves the borrower pledging assets as collateral in exchange for a loan, while a factoring agreement involves the sale of accounts receivable to a third party. A trade voucher is not a commonly used term in finance or banking.