Asset-based lenders require:
A)government approval.
B)state approval.
C)credit.
D)all of the above.

Name: Asset-based lenders require: A)government approval. B)state approval. C)credit. D)all of the above.
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Question

Quizplus · Accepted Answer

Asset-based lenders require creditworthiness of the borrower and collateral in the form of assets. Government or state approval is not required for these types of loans. Therefore, the best choice is C, credit.

Asset-Based Lenders Require