Companies can use their accounts receivable as collateral when obtaining a ________ (asset-based lending) or sell them through factoring.
A. Debt
B. Loan
C. Bond (finance)
D. Credit (finance)
Answer:B
Companies can use their accounts receivable as collateral when obtaining a ________ (asset-based lending) or sell them through factoring.
A. Debt B. Loan C. Bond (finance) D. Credit (finance)