A company seeks a one-time loan on 75% of the face value of its accounts receivable outstanding

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A company seeks a one-time loan on 75% of the face value of its accounts receivable outstanding and must pay within 60 or 90 days regardless of whether it has collected its receivables. What type of financing is the company seeking?

a. Accounts Receivables Discounting

b. credit note

c. working capital monetization

d. receivables monetization

e. line of credit

Related Book For answer-question

Principles of Corporate Finance

ISBN: 978-1259144387

12th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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Posted Date: Apr 23, 2021 12:16 PM

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A company seeks a one-time loan on 75% of the face value of its accounts receivable outstanding

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Principles of Corporate Finance

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