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A manufacturing company has requested additional financing to pay for inventory in the lead up to the Christmas production period. From the list below, what
A manufacturing company has requested additional financing to pay for inventory in the lead up to the Christmas production period. From the list below, what loan facility is most appropriate in this case?
a.
An ongoing overdraft increase.
b.
A revolving credit facility.
c.
A temporary overdraft increase.
d.
A term loan for three years.
e.
A mortgage loan secured by the borrowers home.
f.
A personal loan.
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