How Does Accounts Receivable Factoring Work?

Download Now Date Added: Jan 2010
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A businesses strongest asset is its customers. Unfortunately they are also not normally considered a liquid asset. But you can still leverage that asset if you need to. And accounts receivable factoring is a way to do. You just need to be careful using this method. So what exactly is accounts receivable factoring? Well very simply it is the process of obtaining funds by selling your company's accounts receivable.