1 explain why the annual financing cost of secured credit, Ask an Expert

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1. Explain why the annual financing cost of secured credit is frequently higher than that of unsecured credit.

2. Explain why banks normally include a "cleanup" provision in a line of credit agreement.

3. What savings are realized when accounts receivable are factored rather than pledged?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92090330

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