________ offer short-term secured loans to high-risk borrowers. These loans usually require collateral.

Question

Quizplus · Accepted Answer

Commercial finance companies specialize in offering short-term secured loans to high-risk borrowers. These loans require collateral in order to mitigate the risk of default. Reserve banks are not involved in lending directly to individuals or companies, credit brokers typically do not offer secured loans, and investment bankers focus on providing advice and services related to securities offerings and other financial transactions.

________ Offer Short-Term Secured Loans to High-Risk Borrowers