; and (B) that has insufficient processing or rendering capacity, as determined by the Secretary. (2) Accounts receivable In the case of a loan or loan guarantee provided to an eligible entity described in subsection (a)(2)(A)(i), the Secretary may take accounts receivable as security for the obligations entered into in connection with the loan or loan guarantee, and the eligible entity may use accounts receivable as collateral to secure the loan or loan guarantee, if the Secretary determines that such actions would not create or otherwise contribute to an unreasonable risk of default or loss to the Federal Government. (h) Conditions applicable with respect to using loan involved for refinancing An eligible entity receiving a loan or loan guarantee under the program may use not more than 25 percent of the involved loan to refinance a loan obtained for carrying out an activity described in subsection (f) if— (1) the eligible entity is current and performing with respect to the loan to be refinanced; (2) the eligible entity has not defaulted on any payment required to be made with respect to the loan to be refinanced; (3) none of the collateral for the loan to be refinanced has been converted; and (4) there is adequate security or full collateral for the loan to be refinanced. (i) Conditions relating to carcasses An eligible entity receiving a loan or loan guarantee under the program— (1) shall accept all carcasses allowed under Federal law