Asked by Iesha Tyler on Jun 05, 2024

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Provide a definition for the term inventory loan.

Inventory Loan

A loan that is secured by the inventory of a business, allowing the company to use its inventory as collateral.

  • Comprehend the various short-term financing alternatives accessible to companies and their attributes.
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Zybrea KnightJun 06, 2024
Final Answer :
A secured short-term loan to purchase inventory.