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The Advance Rate on Inventory-Based Loans Is Usually Between 10

Question 111

Multiple Choice

The advance rate on inventory-based loans is usually between 10 to 50 percent, but a business pledging high-quality accounts receivable as collateral may be able to negotiate up to an ________ percent advance rate.


A) 55
B) 65
C) 75
D) 85

Correct Answer:

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