Social Sciences, asked by gg3485546, 5 months ago

credit as an asset???????​

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Answered by itzadi040
13

Answer:

Asset-based lending is the business of loaning money in an agreement that is secured by collateral. An asset-based loan or line of credit may be secured by inventory, accounts receivable, equipment, or other property owned by the borrower. ... It is also known as asset-based financing.

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