After working at a top design firm for 12 years, Rachel wants open her own firm. She starts her business with very limited funds. In order to get the work started, Rachel purchases a few laptops, LED screens, and other office equipment from a local electronics wholesaler. The wholesaler understands her financial situation and allows her to pay for the goods in installments. In this scenario, the type of funding obtained by Rachel can be regarded as a

Multiple Choice

• line of credit.

• trade credit.

• working capital loan.

• business subsidy.

• non-recourse loan.