Small Business Management Study Set 1
Quiz 9: Small Business Finance
Floor Planning Is a Special Type of a Loan Used
Floor planning is a special type of a loan used for financing high-priced inventory like new cars and trucks.
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If a small business uses its receivables as collateral for a loan in the process known as pledging, the finance company will collect the accounts receivable.
Factoring has historically been viewed as one of the most desirable approaches to financing.
Term insurance policies have no borrowing capacity.
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