Why should I choose AnalystNotes?

Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.

Basic Question 8 of 15

A ______ is an informal arrangement between a bank and a business that allows the firm to periodically borrow up to a pre-specified limit with limited paperwork.

A. non-committed line of credit
B. committed line of credit
C. long-term loan commitment
D. field warehouse financing arrangement

User Contributed Comments 0

You need to log in first to add your comment.
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

compare short-term funding alternatives available to corporations and financial institutions

CFA® 2024 Level I Curriculum, Volume 4, Module 4.