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Tuesday, 10/04/2016 12:02:11 PM

Tuesday, October 04, 2016 12:02:11 PM

Post# of 7114
The name of this procedure is called FACTORING. Factoring is a business that makes loans to other businesses on their security of their accounts receivables or that buys their accounts receivables at a discounted price. This is done all the time by many, many businesses, large and small. It's another way of receiving funds instead of selling Co stock.
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