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Bulk Agency Factoring:
In this category factoring is essentially used as a method of financing book debts. In this sort of factoring the client continues to administer credit and keep sales ledger. The factor finances the book debts against bulk either upon recourse or lacking of recourse. This type of factoring became well-liked with the development of consumer durable market where credit management is not a difficulty, but the firms need temporary financial accommodation.
Non-Notification Factoring:
In this sort of factoring customers are not informed regarding the factoring agreement. The factor executes all the usual functions without disclosing to customer which they own the book debts.
Sources of Working Capital Finance Working capital finance may be classified in the subsequent: Spontaneous Source of Finance Finance that naturally arises in
company jobcosting system
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Least-cost-selection
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Airlines give away millions of tickets each year through their frequent flyer programs, with the typical airline awarding a free ticket for each 25,000 miles flown on the airline.
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