Rare card
Factoring (finance)
- Value
- 50 W
- Attack
- 256
- Defence
- 205
- Players
- 0
Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its immediate cash needs.
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