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Factoring and invoice discounting
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1.
Which of the following are the different options available to the entrepreneurs for funding the business?
Venture Capital
Angel Financing
Invoice Factoring
All of the Above
2.
Which of the following clearly defines the Factoring business?
It is a type of debtor finance in which a business sells its accounts receivable .
The receivables are sold to the third party (called a factor) at a discount.
It is commonly referred to as accounts receivable factoring, invoice factoring.
All of the Above
3.
Factoring Business is also known as by which of the following names?
Accounts Receivable Factoring
Asset Based Lending
Invoice Factoring
All of the Above
4.
Which of the following civilization is considered to be the origin of Factoring?
Indus Valley Civilization
Mesopotamian culture
Incas Civilization
Aztecs Civilization
5.
For which of the following businesses Factoring services are most commonly used?
Haulage Business
Healthcare Industry
Real Estate
All of the Above
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