Aiden is exploring options for funding her business expansion she is especially interested in securing funding with a preset borrowing lemon that she can use anytime she needs it what type of funding does this best describe?

Question

A. personal savings
B. line of credit
C. equity
D. debit card

Answer 1

The option that best describes Aiden's interest in securing funding with a preset borrowing limit that she can use anytime she needs it is B. line of credit. A line of credit provides flexible access to funds up to a certain limit, allowing the borrower to withdraw, repay, and borrow again as needed.