How does the process of factoring work

Reference no: EM131990133

Question: Many firms offer factoring services whereby firms can liquefy their accounts receivable, essentially selling them for cash. How does the process of factoring work? And What is your "takeaway"? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131990133

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