Question

what is factoring? ​

Answer 1

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question what is factoring?

answer

Factoring, receivables factoring or debtor financing, is when a company buys a debt or invoice from another company. ... The factor is required to pay additional fees, typically a small percentage, once the debt has been settled. The factor may also offer a discount to the indebted party.

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Answer 2

Factoring is a common mathematical process used to break down the factors, or numbers, that multiply together to form another number. ... Factoring is useful in resolving various numbers-related problems.