Question 18 Which of the following statement is correct? Inventory depletion is an additional concern for lenders who allow borrowers to use inventory as short-term loan collateral. Loans for which collateral is not required are called secured loans. All the answers are incorrect. The stated interest rate on a loan is always the same as the loan's effective annual interest rate. In inventory financing, the lender may require a legal document called a trust receipt that specifically identifies accounts receivable as pledged collateral for the loan