Many Small Businesses Rely on Factoring as a Source of Short-Term

question 214

Multiple Choice

Many small businesses rely on factoring as a source of short-term financing because

• A) factoring provides a much cheaper source of funds than bank loans.
• B) interest paid to a factor qualifies for a tax credit.
• C) small firms often find it difficult to qualify for bank loans.
• D) loans provided by factors do not require collateral.

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Definitions:

Swollen and Warm

Describes an area of the body that has become enlarged and feels hot to the touch, often due to inflammation or infection.

Jugular Vein Distention

The abnormal swelling of the jugular vein, often indicative of heart or circulation issues.

Neck Vein Visible

The appearance of veins in the neck, often more pronounced due to strain, increased blood volume, or heart conditions.

Sitting Position

A body posture involving the torso being more or less upright and the body being supported by the buttocks in contact with the ground or a seat.