When a loan is provided by the finance company to a business against the security of the
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When a loan is provided by the finance company to a business against the security of the accounts that the business holds receivable, we call this
a. Lease factoring.
b. Accounts receivable factoring.
c. Leasing.
d. None of the above are true.
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Related Book For
Stock Markets And Corporate Finance A Primer
ISBN: 9781800611474,9781800611498
1st Edition
Authors: Michael Dempsey
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