Asset-based lenders avoid inventory-only deals;they prefer to make loans backed by inventory and:
A)experienced management.
B)good market reputation.
C)more secure accounts receivable.
D)All of the above

Question

Quizplus · Accepted Answer

Asset-based lenders prefer loans backed by inventory and more secure accounts receivable because accounts receivable are considered more liquid and reliable as collateral compared to inventory alone.

Asset-Based Lenders Avoid Inventory-Only Deals;they Prefer to Make Loans Backed