Hydro Controls manufactures industrial valves and fittings used in a variety of underwater applications. Growth in oceanic oil and gas exploration has resulted in greater demand for the business's products. While sales are generally increasing, there are no seasonal patterns. The owners have requested new financing to pay for expansion of the production facilities and to support increasing inventory. Which of the following describes the best type and term of credit to meet this borrowing need? Line of credit with an annual renewal and a 30-day clean-up period One-year loan to be repaid from reduction in inventory Long-term loan with repayment over several years Accounts payable financing from suppliers