Commercial loan agreements should contain which of the following: A. means of repayment B. representations C. fees and charges D. all of the above A credit facility is another name for: A. a branch bank. B. wholesale banking. C. credit cards. D. Loans and agreements to make loans. Commercial (in contrast to consumer) line of credit is an agreement between a customer and a bank that A. may not obligate the bank to honor the customer's request for a loan B. gives the customer the right to borrow up to a predetermined amount. C. is renewed at the end of the contract period in an evergreen facility. D. is usually for one year or longer. Revolving loans are generally used for A. financing rolling stock. B. financing working capital (inventories, accounts receivable, etc.) C. financing plant expansions. D. permanent financing. The outstanding amount of a term loan should always be A. less than the value of the asset being financed B. equal to the borrower's equity. C. equal to the value of the collateral. D. equal to the net present value of the cash flows from the asset being financed. Loans that are used to fill a gap in the time until a specific event occurs are called A. evergreen facilities B. bridge loans. C. floor plans. D term loans