I used my car as collateral from a bank where they lent me half the value of my car. I then turned around and used that money to put down as a down payment on my first house. What type of financing is this? What are the different types of short-term financing? Provide two other examples of how you can utilize short-term financing? (Hint: Think outside of the box)

Justify your responses and be sure to correctly cite and reference your sources.