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With a loan collateralized by receivables, A the bank makes the loan without recourse. B a company receives cash and is not responsible for repaying
With a loan collateralized by receivables,
A the bank makes the loan without recourse.
B a company receives cash and is not responsible for repaying the loan.
C a company receives cash and is responsible for repaying the loan.
D the bank has recourse against the accounts receivable customers.
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