How Accounts Receivable Financing Works

Finance is the basic requirement of any business-be it a small business or large. There are banks, private financial firms that provide finance to a business. Accounts receivable financing is a kind of safety loan where the company that supplies the material to the clients remains satisfied as it has accounts receivable. Accounts receivable is such a case where a client owes the company whatever material he or she gets from the company, and accounts payable is a reverse case of it where a company owes the money.

Provided by: Topic: Banking Date Added: Jan 2010 Format: HTML

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