Factoring is a commonly used financing solution by exporting companies to convert its foreign receivables into immediate cash by selling them to a factoring house

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Factoring is a commonly used financing solution by exporting companies to convert its foreign receivables into immediate cash by selling them to a factoring house. A “factoring house” is a:

A Company that helps exporters establish credit in a foreign market.

B Company that helps exporters plan cash Dow in a way to extend payables as much as     

    possible while accelerating collection of receivables.

C Company that purchases domestic and foreign receivables and provide immediate

    payment of the invoice to the exporter, in part or in full.

D Company that provides margin-based financing to the exporter for the time the exporter

    places the receivable into collections with a collection agency.