Because of their high liquidity, lenders often lend up to 100% of the book value of accounts receivable pledged as collateral in leveraged buyouts.

Name: Because of their high liquidity, lenders often lend up to 100% of the book value of accounts receivable pledged as collateral in leveraged buyouts.
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Lenders typically do not lend up to 100% of the book value of accounts receivable due to the risk of non-payment or late payment. They usually lend a lower percentage to mitigate their risk.

Because of Their High Liquidity, Lenders Often Lend Up to 100