Typically,a commercial bank will lend a small business owner 100% of the value of accounts receivable pledged as collateral.

Question

Quizplus · Accepted Answer

While some commercial banks may offer a loan based on accounts receivable as collateral, they typically do not lend the full 100% value of the accounts. The amount that can be borrowed will depend on factors such as the creditworthiness of the business and the quality of the accounts receivable.

Typically,a Commercial Bank Will Lend a Small Business Owner 100