Why do you borrow notes receivable instead of notes payable when discounting with a third party?
Discount of bills receivable and discount of bills payable are both loan behaviors that enterprises pay certain interest to banks in order to obtain funds when they encounter difficulties in capital turnover due to production and operation. In essence, it is a short-term loan provided by banks to discount enterprises with bills as collateral. What's the difference between bills receivable discount and bills payable discount?