factoring definition

factoring definition

Glossary: factoring

Factoring is the process of purchasing of debts owed, or accounts receivable in exchange for immediate payment at a discount.


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Business Consulting

Definition: factoring

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The service is disclosed to your customer who typically receives a letter from the factor, or attached note to your invoice, containing payment instructions to the factor.

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fxctoring,fzctoring,gactoring,phctor1ng,ractoring,tactoring,vactoring

Factoring Glossary - Define: factoring - 2004 HJ Ventures International, Inc.