Factoring can produce extra cash when your business needs it

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  1. Thank you for explaining to us that accounts receivable refers to the amount of money customers owe a business for products that have been delivered but not paid for, and factoring them is usually done by businesses that need quick cash. I imagine if you own a fabric company that supplies clothing stores and tailor shops, it would be best to consider accounts receivable funding to collect payments. I’ll be sure to remember this in case I ever need staff agency business funding for my business in the future.

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