A short-term loan where the lender holds the borrower's receivables as security is called:

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This type of loan is known as accounts receivable financing or factoring. The lender uses the borrower's accounts receivable (money owed to the borrower by its customers) as collateral for the loan. The lender advances a percentage of the receivables' value to the borrower and holds onto the remaining receivables until the loan is repaid. This type of financing is commonly used by businesses with slow-paying customers or a need for quick cash flow.

A Short-Term Loan Where the Lender Holds the Borrower's Receivables