Commercial finance companies are lending institutions that make only unsecured loans-both short-term and long-term-to businesses.
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Q121: The outright sale of accounts receivable at
Q122: The higher cost of unsecured as opposed
Q123: Factoring accounts receivable is not a form
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Q125: Pledges of accounts receivable are normally made
Q127: Lenders recognize that holding collateral can reduce
Q128: Commercial finance companies usually charge a higher
Q129: The security agreement is an agreement between
Q130: A letter written by a company's bank
Q131: Nonrecourse basis is the basis on which
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