What is it called when obtaining cash from a lender who, for a fee, advances the amount of the borrower's cost of goods sold for a specific customer order a factoring b asset based loan c purchase order financing d due diligence process

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What is it called when obtaining cash from a lender who, for a fee, advances the amount of the borrower's cost of goods sold for a specific customer order  a   factoring b   asset   based loan c   purchase   order financing d   due diligence process

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Question

What is it called when obtaining cash from a lender who, for a fee, advances the amount of the borrower's cost of goods sold for

What is it called when obtaining cash from a lender who, for a fee, advances the amount of the borrower's cost of goods sold for a specific customer order?

a $.$ factoring

b $.$ asset $-$ based loan

c $.$ purchase $-$ order financing

d $.$ due diligence process

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