The following forms of short-term borrowing are available to a firm:

?Floating lien

?Factoring

?Revolving credit

?Chattel mortgages

?Bankers? acceptances

?Lines of credit

?Commercial paper

The forms of short-term borrowing that are unsecured credit are

Floating lien, revolving credit, chattel mortgage, and commercial paper.
Factoring, chattel mortgage, bankers? acceptances, and line of credit.
Floating lien, chattel mortgage, bankers? acceptances, and line of credit.
Revolving credit, bankers? acceptances, line of credit, and commercial paper.

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