On the edge Inc. recently approached its lender for help in financing its cash shortfall due to

Fantastic news! We've Found the answer you've been seeking!

Question:

On the edge Inc. recently approached its lender for help in financing its cash shortfall due to an expansion. After a review of their operational and financial situation, it was decided that additional production capacity through the purchase of new equipment would solve the operational issue. Which financing approach would best satisfy their financial needs?

Forfaiting

Factoring

Working Capital

Loan Collection Agency