From the descriptions below please identify what type of business loan is involv

Question

From the descriptions below please identify what type of business loan is involved. A temporary credit supports construction of homes, apartments, office buildings, and other permanent structures. A loan is made to an automobile dealer to support the shipment of new cars. Credit extended on the basis of a business's accounts receivable. The term of an inventory loan is being set to match the length of time needed to generate cash to repay the loan. Credit extended up to one year to purchase raw materials and cover a season need for cash. A securities dealer requires credit to add new government bonds to his security portfolio. Credit granted for more than a year to support purchases of plant and equipment A group of investors wishes to take over a firm using mainly debt financing. A business firm receives a three-year line of credit against which it can born repay, and borrow again if necessary during the loan's term. Credit extended to support the construction of a toll road.

Explanation / Answer

The answers are self-explanatory in nature and therefore, no explanation has been provided. The name of the loan itself relates to the transaction states in the question.

S.No. Transaction Loan Type a A temporary credit supports construction of homes, apartments, office buildings, and other permanent structures. Interim Construction Financing b A loan is made to an automobile dealer to support the shipment of new cars. Retailer and Equipment Financing c Credit extended on the basis of a business’s accounts receivable. Asst-Based Financing d The term of an inventory loan is being set to match the length of time needed to generate cash to repay the loan. Self-Liquidating Inventory Loan e Credit extended up to one year to purchase raw materials and cover a seasonal need for cash. Working Capital Loan f A securities dealer requires credit to add new government bonds to his securities portfolio. Security Dealer Financing g Credit granted for more than a year to support purchases of plant and equipment. Term Business Loan h A group of investors wishes to take over a firm using mainly debt financing. Leveraged Buyout i A business firm receives a three-year line of credit against which it can borrow, repay, and borrow again if necessary during the loan’s term. Revolving Credit Financing j Credit extended to support the construction of a toll road. Long-Term Project Loan

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