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Types of Factoring
The factoring facilities can be largely categorized in four groups that are as follows:
1) Full service non-recourse (old line)
2) Full service recourse factoring
3) Bulk agency factoring
4) Non notification factoring.
Full Service Recourse Factoring : In this kind of factoring the client has to bear the risk of default made through the debtors. There the factor had advanced funds against book de
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