The option that BEST describes the type of funding Alden is looking for, which includes a pre-set borrowing limit that she can use as needed, is a Line of credit.
Alden is exploring options for funding her business expansion. She is especially interested in securing funding with a pre-set borrowing limit that she can use any time she needs it. What type of funding does this BEST describe?
(1 point)
Responses
Personal savings
Personal savings
Line of credit
Line of credit
Equity
Equity
Debit card
Debit card
1 answer
1 answer