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What does factoring mean? - Answers

Invoice factoring is technically not a loan. a third party, called factor, purchases a business’ invoices at a discount giving the business owner get access to a percent of that invoice now, as opposed to waiting for the invoice or purchase orderto be paid. The balance, minus the set fees are then paid to the business owner once the factor has controlled payment from the business’ customers.



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What does factoring mean? - Answers

https://math.answers.com/basic-math/What_does_factoring_mean

Invoice factoring is technically not a loan. a third party, called factor, purchases a business’ invoices at a discount giving the business owner get access to a percent of that invoice now, as opposed to waiting for the invoice or purchase orderto be paid. The balance, minus the set fees are then paid to the business owner once the factor has controlled payment from the business’ customers.



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https://math.answers.com/basic-math/What_does_factoring_mean

What does factoring mean? - Answers

Invoice factoring is technically not a loan. a third party, called factor, purchases a business’ invoices at a discount giving the business owner get access to a percent of that invoice now, as opposed to waiting for the invoice or purchase orderto be paid. The balance, minus the set fees are then paid to the business owner once the factor has controlled payment from the business’ customers.

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      Invoice factoring is technically not a loan. a third party, called factor, purchases a business’ invoices at a discount giving the business owner get access to a percent of that invoice now, as opposed to waiting for the invoice or purchase orderto be paid. The balance, minus the set fees are then paid to the business owner once the factor has controlled payment from the business’ customers.

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