Factoring Business is also known as by which of the following names?

A)
Invoice Factoring
B)
Asset Based Lending
C)
Accounts Receivable Factoring
D)
All of the Above

Correct Answer : Option (D) - All of the Above



Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable.

Published On : June 29, 2021
Category : Banking