Which of these is a short-term loan secured by a company's assets?
A) commercial loan
B) line of credit
C) asset-based loan
D) inventory loan

Question

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An asset-based loan is a type of short-term loan that is secured by a company's assets, such as accounts receivable, inventory, or equipment. This type of loan is often used by businesses that may not qualify for traditional loans, but have valuable assets that can be used to secure the loan. A commercial loan, line of credit, and inventory loan are all types of loans that a business may use, but they may not necessarily be secured by the company's assets.

Which of These Is a Short-Term Loan Secured by a Company's