Factoring: Converting Accounts Receivables to Cash
Factoring has existed for decades as a niche market in a few industries. Today, factoring is widely accepted as a mainstream form of financing. The factoring industry is growing at a rapid pace and the demand for factoring will increase in a struggling economy. Factoring requires a sophisticated understanding of many legal issues to avoid stepping on land mines. It is also an industry that is vulnerable to fraud and misappropriation.
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