Understanding Accounts Receivable Financing

Accounts receivable financing is another name for factoring. It is a financial exchange between two companies. One company, the factor, purchases the accounts receivable of another company in need of cash. The process is quite simple and is a speedy and pretty efficient way for a company to get cash when they need it without going the traditional route of getting a back loan.

Provided by: Paragon Financial Group Topic: Banking Date Added: Jan 2010 Format: HTML

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