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When a business factors its accounts receivables, the business no longer has to deal with the collection of the receivab
Posted: Wed Jul 06, 2022 6:41 pm
by answerhappygod
- When A Business Factors Its Accounts Receivables The Business No Longer Has To Deal With The Collection Of The Receivab 1 (16.98 KiB) Viewed 21 times
When a business factors its accounts receivables, the business no longer has to deal with the collection of the receivables from the customers receives cash, less an applicable fee, after the factor collects from the customers uses the receivables as security for a loan receives the total amount of the receivables from the factor