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2024-11-04 09:07:46 -

Factoring Services: A Vital Financial Solution for Businesses

Factoring services are increasingly recognized as an essential financial tool for businesses seeking to enhance their cash flow and streamline their operations. This financial practice involves a company selling its accounts receivable—essentially, its outstanding invoices—to a third-party financial institution, known as a factor, at a discount. By converting receivables into...

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