Explain the difference between pledging and factoring receivables. Which is likely to be a more expensive source

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Explain the difference between pledging and factoring receivables. Which is likely to be a more expensive source of financing? Is factoring the same kind of financing as pledging?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 04:13 AM

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Explain the differences between pledging and factoring receivables.
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Explain the difference between pledging and factoring receivables. Which is likely to be a more expensive source

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Pledging involves borrowing money based on the collateral value of receiva...View the full answer

Practical financial management

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