Banking

Look Inside To Discover Pros And Cons Of Factoring

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Executive Summary

Factoring is one of the oldest forms of commercial finance. Factoring (also known as Accounts Receivable Financing) is the practice of selling your accounts receivable (invoices) at a discount to another company. In other words, you get the cash from the company that you sold your accounts receivable. At that point, they become responsible for collecting on the invoices.

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