Question: Asset - based borrowing permits small businesses _ _ _ _ _ _ _ _ . Group of answer choices to borrow up to 1
Assetbased borrowing permits small businesses
Group of answer choices
to borrow up to percent of the value of their inventory or their accounts receivable for the money they need for longterm goals
to use normally unproductive assets such as accounts receivable and inventory
to obtain loans more easily but with less borrowing power than using unsecured lines of credit
access to a source of funds ideally suited for longterm financing needs
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