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The Growing Factoring Factor
By: Debra Maples | Oct 24th 2006 - Factoring is the conversion of a company's commerical accounts receivable into immediate cash by selling those accounts at a discount. With factoring you can get 70 to 80% of an invoice's face value wire transferred into your account within 24 to 48 hours of the invoice being issued and approved.
Tags: cash flow

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