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In this video, Nicole from Eagle Business Credit discusses common factoring challenges and how their services can address them. A key issue is ensuring customers' creditworthiness; they verify this as part of their complimentary service to ensure clients work with reliable customers. Another challenge is invoice verification, which guarantees that services or products have been delivered as promised, allowing clients to identify potential issues before invoices are paid. Additionally, Eagle Business Credit emphasizes the importance of ensuring that orders are complete, further protecting clients from common pitfalls in factoring.
