Energy-wise Builders, Inc., a leader in residential housing, recently negotiated a financing arrangement with First Pennsylvania Bank. The short-term funding agreement guarantees a specified amount of funds would be made available upon Energy-wise's request. This arrangement represents a:

Question

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A revolving credit agreement is a type of short-term funding arrangement where a specified amount of funds is guaranteed to be available to a borrower upon request, similar to what is described in the scenario.

Energy-Wise Builders, Inc