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The ‘Must-know’ FAQs of advance business capital answered for you

Posted last July 7, 2017, 8:42 am in Services report article

It is important to understand how and when a company gets advance business capital. This is selling of ‘invoices’ by debtors to the third party of a factoring company. This happens at a discounted rate. Once the borrower receives money from customers/ clients, they are to pay back advance capital to the factoring company. In short –