Factoring: An Effective Way to Downsize and Outsource in the '90s
- Topics:
- Working Capital
- Source:
- The Invoice Bankers
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Overview: Factoring company offer’s accounts receivable financing, invoice factoring, invoice discounting, working capital financing. The services that the factor performs for the client -credit approval, accounts receivable, bookkeeping, collection - are essential to the client's operation, but they are not the basic areas from which the client creates profit. Factoring provides an effective way to downsize and outsource. Factoring is the ideal way for a business to accomplish both. Efficiency of size comes into play because there is one credit department, one accounts receivable department and one collection department handling the needs of hundreds of clients. It helps for working capital assessment.
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Format: HTML | Date: Jan 2003 | Pages: 1
