Commercial finance companies focus principally on accounts receivable financing and factoring to business customers.

Name: Commercial finance companies focus principally on accounts receivable financing and factoring to business customers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Commercial finance companies specialize in providing loans to businesses using accounts receivable and inventory as collateral, often through factoring, where they purchase a business's accounts receivable at a discount to provide immediate cash flow.

Commercial Finance Companies Focus Principally on Accounts Receivable Financing and Factoring