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Business, 12.12.2019 00:31 frandariusscott

The financial manager of picture perfect graphics negotiated a with her bank that allows picture perfect to borrow up to $75,000 without collateral. this arrangement eliminates the need to renegotiate the terms of the loan and complete new paperwork each time picture perfect borrows money. the preapproved short-term loan agreement is contingent upon the bank having the funds available.

a. line of cred
b. fector agreement
c. cash flow conversion
d. renewable income option

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