For which of the following types of short-term loans,the lender has to incur the expense of collecting accounts receivable and risk of the loan?

Name: For which of the following types of short-term loans,the lender has to incur the expense of collecting accounts receivable and risk of the loan?
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Question

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Factoring involves the lender purchasing accounts receivable from a business at a discounted price, so the lender incurs the expense of collecting the accounts receivable and bears the risk of loan default.

For Which of the Following Types of Short-Term Loans,the Lender