In Regards to Bank Financing, the Cost of Factoring the Accounts

In regards to bank financing, the cost of factoring the accounts receivable is __________.

A) usually prohibitive for most small businesses
B) considerably less than borrowing the money from an outside source
C) greater than the cost of securing a loan against the accounts receivable without factoring
D) borne by the lender, not the borrower
E) None of the answers apply.