Tuesday 22 March 2011

Factoring Receivables - The Advantages

'Factoring' refers to a monetary transaction where a business firm trades its accounts receivables, i.e., invoices, to a third party, that is usually called a 'factor'. The third party buys the receivables with liquid money. This way a business gets ready money to finance itself.

Source: http://EzineArticles.com/5972999

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