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Author Question: Which of the following terms best describes a loan where a larger line of credit or lower interest ... (Read 101 times)

SAVANNAHHOOPER23

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Which of the following terms best describes a loan where a larger line of credit or lower interest rate has been obtained by providing collateral to back that loan?
◦ a term loan
◦ a revolving line of credit
◦ a private placement
◦ an asset-backed line of credit


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Marked as best answer by SAVANNAHHOOPER23 on Jul 9, 2019

angrybirds13579

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