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Scott Droney - Asset-Based Financing Strategies
By Scott Droney
Scott Droney - Asset-Based Financing Strategies
One of the most common methods to achieve financing is known as accounts receivable financing. It involves a secured loan wherein the accounts receivable are used as collateral in exchange for a cash sum that will be paid within a short term period. Typically this type of financing is used to assist businesses with a short term cash problem.
