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Uploaded by on Aug 1, 2009

Receivables Factoring is a financial transaction whereby a company sells its accounts receivable (AR), its invoices to a third party, also known as a ‘factor’ at a discount in order to receive immediate cash.
This is usually done to obtain cash quickly that the company can use for other purposes such as investments. Discover the 5 Myths You've Been Led to Believe About Business Credit and Collections.
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