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Factoring: a popular form of business financing globally — The Small Business Site
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Factoring: a popular form of business financing globally — The Small Business Site
Article provided by Merchant Factors Factoring is a financial service leveraged by businesses around the globe to maintain healthy cash flows, fund growth cycles, and save time in the back office. Under a factoring agreement, a business sells its accounts receivable to a third party, known as a factoring company, to boost its working capital. But it doesn’t end there. Partnering with a trusted and expert factoring company is like having an entir…
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