Asset-Based Borrowing Permits Small Businesses ________

Multiple Choice

Asset-based borrowing permits small businesses ________.

A) to borrow up to 100 percent of the value of their inventory or their accounts receivable for the money they need for long-term goals
B) to use normally unproductive assets such as accounts receivable and inventory
C) to obtain loans more easily but with less borrowing power than using unsecured lines of credit
D) access to a source of funds ideally suited for long-term financing needs