Question: Describe and compare the basic features of the following methods of using accounts receivable to obtain short-term financing: (a) Pledging accounts receivable, and (b) Factoring

Describe and compare the basic features of the following methods of using to obtain short-term financing:
(a) Pledging and
(b) Factoring Be sure to mention the institutions that offer each of them.

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a A pledge of accounts receivable is the use of a firms receivables to secure a shortterm loan The l... View full answer

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