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by Anonymous on February 17th, 2007

Anonymous

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Help answer this question below.

Financing accounts receivable and inventory is known as?

a. equity financing
b. long-term financing
c. capital financing
d. working capital financing

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  • by canadianhelper on February 17th, 2007

    canadianhelper

    Not strong on Accounting but it definately isn't equity financing or long term...capital financing doesn't fit so...

    Working Capital Financing would be it.

    As far as I remember Financing accounts receivable is also known as factoring:

    Factoring: Factoring is another resource for short-term working capital financing. Once you have filled an order, a factoring company buys your account receivable and then handles the collection. This type of financing is more expensive than conventional bank financing but is often used by new businesses.

    http://www.ktec.com/sec_business/section/erc/money/wcm.htm

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