Capital Company has outstanding accounts receivable. They plan to factor those receivables with a financial institution. Which of the following statements is false about a factoring arrangement? O If Capital Company factors the receivables without recourse they will not bear the credit risk of collecting from customers. O The factoring arrangement speeds up the collection of cash for Capital Company. O If Capital Company factors the receivables with recourse, the financial institution will charge a higher finance fee compared to receivables factored without recourse