Which of the following is not an asset-based financing technique?
A)Discounting accounts receivable
B)Inventory financing
C)Term loan
D)None of the above

Question

Quizplus · Accepted Answer

Term loan is not an asset-based financing technique as it is a type of loan based on the creditworthiness and financial history of the borrower, rather than a specific asset that serves as collateral. Asset-based financing techniques, such as discounting accounts receivable and inventory financing, use specific assets as collateral for the loan. Therefore, the correct answer is option C, term loan.

Which of the Following Is Not an Asset-Based Financing Technique