Which of the following are loans from banks and financing companies that are protected by collateral such as inventory or accounts receivable balances?
A) secured loans
B) equity financing
C) a line of credit
D) trade credit

Question

Quizplus · Accepted Answer

Secured loans are loans from banks and financing companies that are protected by collateral such as inventory or accounts receivable balances. Equity financing involves selling a stake in the business to investors. A line of credit is a flexible loan option that allows businesses to borrow funds as needed. Trade credit is a form of financing where a supplier extends credit to a customer for purchasing goods or services.

Which of the Following Are Loans from Banks and Financing