Factoring Services: A Vital Financial Solution for Businesses

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2024-11-04 09:06:48 - Translate -

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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