One more option for question 2: secured bonds, crowdfunding

Sapphire Electronics needs to borrow some money from its bank for a special short-term production run it is planning. The owners do not have any collateral, so they agree to use money owed from their customers as a substitute. This can best be described as an example of Multiple Choice a revolving credit agreement. a line of credit. pledging accounts receivable. debt financing factoring accounts receivable. Algorithm Computers needs to borrow money to pay for an addition to its training facility. The owners approach their bank, but their application for a long-term loan is denied. They decide to issue corporate bonds to the public instead. The company has a strong reputation but is unable to provide collateral for the bonds it sells. The bonds in this example are most likely and would best be described as a form of Multiple Choice unsecured bonds, initial public offering debenture bonds, debt financing debenture bonds; peer-to-peer financing indenture bonds; equity financing