Which of the following represents an agreement lenders make with borrowers which gives those borrowers capital that can be utilized at any time after a loan is​ authorized?

Which of the following represents an agreement lenders make with borrowers which gives those borrowers capital that can be utilized at any time after a loan is​ authorized?



A. Capital investment

B. Line of credit

C. Equity

D. Start-up budget

E. Collateral



Answer: B. Line of credit


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