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WHAT IS FACTORING? Factoring is the process of purchasing a business’s accounts receivables at a discount.
Factoring is proven to be an important source of working capital.
•Provides businesses with an additional source of cash to cover operating cost, payroll, and to finance growth.
•It provides start-ups, small and medium size businesses the opportunity to expand and keep up with their competitors.
•Provides an invaluable tool for solid operations and growth.
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