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

Name: 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
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

Asset-based loans are short-term loans secured by a company's assets, providing the borrower with the needed capital while using the assets as collateral.

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