What is factoring and how does it compare in cost to other forms of financing A$)$ A process for ensuring that all key factors are included in the determination of financing needs; factoring is as expensive as a trade finance solution. B$)$ The sale of foreign receivables at a discount to provide immediate cash; factoring is expensive relative to other options. C$)$ The sale of a draft under a documentary credit, as an aval, which includes a bank guarantee of payment; factoring is expensive relative to other options. D$)$ The sale of foreign or domestic receivables on a non$-$recourse basis, to provide short$-$term access to cash; factoring is expensive relative to other options.