2B5BB A MANUFACTURER WITH SEASONAL SALES WOULD BE MOST LIKELY TO OBTA...
174.
CSO: 2B5f
LOS: 2B5bb
A manufacturer with seasonal sales would be most likely to obtain which one of the
following types of loans from a commercial bank to finance the need for a fixed amount
of additional capital during the busy season?
a.
Transaction loan.
b.
Insurance company term loan.
c.
Installment loan.
d.
Unsecured short-term loan.