Define the factoring of accounts receivables
Question: Define the factoring of accounts receivables. How does factoring affect cash management? Explain the difference between factoring and accounts receivable financing.
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Define the factoring of accounts receivables. How does factoring affect cash management? Explain the difference between factoring & account receivable financing
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Creditors are paid either on a 'prompt' or 30-day basis. It is estimated that 10% of Creditors are in the 'prompt' category
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